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California. Economy Links from other news sources.

Good news is that California fast food workers got a big raise. Bad news is that 6,000 workers didn’t because they were let go.

Good news is that California fast food workers got a big raise. Bad news is that 6,000 workers didn’t because they were let go.

Newsom claimed that there have been several positive impacts from the policy, including job growth and improved working conditions, in a September op-ed published by Fox News. The facts?

Since the law’s passage in September 2023, the state’s privately-owned fast food restaurants have lost 6,166 jobs through June. But Newsom claims that it’s been better since the passage. Better for who? not the laid off worker, or the customers who now pay more.

“The OpEd in Fox News today by the governor is disappointing because it paints a very misleading picture about what’s going on on the ground,” Rebekah Paxton, director of research and state coalitions at the EPI, told The Center Square in a September interview. “Instead of touting these numbers that most economists would say don’t accurately measure the situation, it would behoove Governor Newsom to talk to the workers and talk to the operators who are losing their jobs and losing their livelihoods as a result of this policy.”

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Biden Biden Cartel Commentary Economy Links from other news sources.

Biden strikes again. Calif.-based 99 Cents Only Stores Closing, Citing COVID, Inflation, Theft.

Biden strikes again. Calif.-based 99 Cents Only Stores Closing, Citing COVID, Inflation, Theft. Well Joe’s at it again. His economy is forcing stores to close and put thousands of folks out of work.

Not only is a convience chain in California closing all 371 of its stores, but Family Dollar will close 970 stores and Dollar Tree will close 30 stores.

One thing that’s common in both closings is that most are in neighborhoods that don’t have a grocery store. So folks were forced to buy what limited food items they had at a higher cost. Now that is gone.