California to Raise Minimum Wage to Highest in U.S.

AP reports:

“Schwarzenegger, a fiscal conservative and ally of business groups concerned about the cost of doing business in California, said the state economy had recovered and companies could afford to pay minimum-wage workers more.

“I have always said that when the economy was ready, we should reward the efforts of California’s hard-working families by raising our minimum wage,” he said in statement.

State economy has “recovered”? Who released that report?

The agreement would benefit low-paid workers, said Assembly Member Sally Lieber, a Democrat who had advanced a minimum wage bill earlier this year. “We have a moral obligation to ensure that the minimum wage keeps pace with federal poverty guidelines. This bill does that,” she said.

Business groups and labor unions were not pleased by the agreement, which Democratic lawmakers can pass without votes from minority Republicans.

Business groups and labor unions not pleased?

Well, what does that leave for Arnold?

UPDATE:
TimesWatch: “Conservatives” vs. an “Economist” on Minimum Wage

3 Responses to “California to Raise Minimum Wage to Highest in U.S.”

  1. gwen Says:

    “We have a moral obligation to ensure that the minimum wage keeps pace with federal poverty guidelines. This bill does that,” she said.

    How about this remedy for poverty? Stay in school, don’t have any kids until you are financially ready and work your ass off? Oh yeah, too hard.

    Doesn’t Arnold say he’s a Milton Friedman apostle? Sounds like he’s a politician first.

  2. frederaire Says:

    Cali, just wants to let Taco Bell Workers have the opportunity ( if they have good credit) to lease Beamers and purchase cheapy -bling so the state could show off its labor-force to the rest of the world. This will actually help the illegal flood into Cali. Way to go proponents.

  3. simon Says:

    I think a minimum wage is good in a consumer economy. http://dossing.blogspot.com/2006/06/america-losing-game-of-minimum-wage.html

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