
Governor: Reject calls for increasing the mandated minimum wage!
When Arnold Schwarzenegger ran in the recall election, he ran as a candidate who would stand up to the special interest groups that have been dominant in Sacramento. These special interests, largely employee unions, are pressing hard for an increase in the amount of the mandate on California employers on the minimum hourly wage that they can pay an employee. Emboldened by the defeat of the Governor’s reform package, they are pushing hard for such an increase to be a part of the Governor’s legislative agenda.
As a well-schooled libertarian, I know that Arnold Schwarzenegger is a big admirer of Nobel laureate economist Milton Friedman. This is what Friedman says about the minimum wage:… Read More