Opponents of a defeated California ballot measure to raise the state’s minimum wage said voters made the right call in pushing back against a proposal that would otherwise have resulted in higher inflation.
Proposition 32, which would have raised California’s minimum wage to $18 per hour, was narrowly beaten back as only 49.2% of voters supported the proposed hike. The current minimum wage in the state is $16 per hour.
Fast-food restaurants with 60 or more locations are already mandated to pay their employees at least $20 per hour.
NEWSOM: CRITICS SAID CA WAGE INCREASE WOULD BE A JOB-KILLER; THE OPPOSITE HAPPENED
“Basic economics shows that raising the minimum wage ultimately drives up inflation and unemployment, predictably hurting workers and families,” Republican State Sen. Brian Jones, the upper chamber’s minority leader, told Fox News Digital. “More inflation and higher costs are the last things we need right now. Californians made the right call to reject Prop 32 and protect financial stability.”
Business groups, including the California Chamber of Commerce, California Restaurant Association and California Grocers Association opposed the measure, saying high labor costs would hurt small businesses.
Chamber of Commerce CEO Jennifer Barrera told The Associated Press that the economy and personal costs were top of mind in the election, a message that resonated with the voters.
John Kabateck, the California director for the National Federation of Independent Business, said minimum wage hikes amid a period of inflation would have added to the current economic woes many residents already face.
“At the end of the day, this really came down to affordability for Californians already struggling,” Kabateck told Fox News Digital. “People realized a higher minimum wage was not going to make their bad situation that much better.”
TOP REPUBLICANS WARN NEWSOM HIS OIL REFINING PHASE-OUT ENDANGERS MILITARY READINESS
Prop 32 was authored by startup entrepreneur Joseph Sanberg, an anti-poverty…
Click Here to Read the Full Original Article at FOX News : Politics…