California Air Resources Board standards on sprinkler pumps; restrictions on insecticides, fungicides and fumigants; and a plethora of government agencies capped by one of the highest income tax rates in the nation--all combine to put us at an economic disadvantage.
Perhaps a minimum wage of $15 won't terribly affect San Francisco. But in a place where unemployment already is so high, like Mendota, or Huron or other Central Valley towns like them where unemployment is above 20%, higher mandated wages will directly result in even lower employment. You see, the more something costs, the less of it is acquired. That basic law of economics applies to cars and jobs alike.
The same day they voted to raise the minimum wage, five Democratic lawmakers received big campaign checks from the SEIU, the group that pressured lawmakers for the wage bill. Why would the government union do that? That's easy--the minimum wage boost will result in $3.6 billion a year in increased wages for the public employee union workers--none of whom will lose their jobs because they are immune from market forces.
California has been subject to considerable droughts over the centuries, lasting up to 20 years in a row. The President and others are selling the canard that the current drought is the result of global warming or climate change. The fact that we had decades- long droughts years before industrialization doesn't matter to them as they bloviate over a drought of several years.
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The above quotations are from Forbes Magazine "Candidates Want You to Know" series.
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