CPR: CNBC did a survey of the twenty best places to start a business in America—not a single California city was on the list, though six Texas cities were. We have seen Toyota and numerous other large firms leave the State. The headquarters for Carl’s Jr. is leaving the State. Shortly with the unskilled/inexperienced to receive $15 an hour, we will have technology replacing humans at a faster speed, we will also see other businesses leave California. Looks like American Apparel is to be among the new wave of fleeing firms.
“Meanwhile, news also leaked this week that California’s rising minimum wage may drive American Apparel out of the state. The company is considering relocating its manufacturing to North Carolina, South Carolina or Tennessee, where the minimum wage is $7.25. California’s minimum wage is slated to rise to $15 by 2020. The New York Post first reported the news.
One South L.A. factory that makes knit fabric is scheduled to close in October. Some 50 workers will lose their jobs. American Apparel closed a Hawthorne facility, which handled fabric dyeing, in February, and a Southgate location is still in operation but has outsourced its denim production. MORE
California will counter by moving the minimum wage to $25 by 2022 to offset revenue from recent job losses that stemmed from the $15 hike by 2020.
Regressive liberal spokesman for CA Govt Business affairs division responded to the question about minimum wage hikes causing massive job loss in the state:
“You must watch Faux news or listen to Rush Limbaugh. All of internal studies have already disproved the myth that increasing minimum wage results in job loss. The failed polices of George Bush have left California in a much deeper hole than we expected and it will take some time to climb out.”
A minimum wage violates my right to contract. Unfortunately the goofs demanding a higher minimum wage have no idea what a right to contract even is.
News of the Future: “Fiscal year 2066 is at an end, and there are few remaining California government properties left which can be sold off to try to stem the mounting debt caused by the disastrous George Bush Presidency…”.
😉
Hey California, start a few more high speed train routes. It should speed up your demise.
@Rwinger
When confronted by the chaotic activity in the background of what appeared to be people moving to and fro carrying computers and various office equipment, the spokesman stated, “Oh that? Well that’s simply what we in the public sector like to think of as diversifying resources”.
Bureaucrats who keep their heads in the sand are doing so at their own peril. They only get information from those they already agree with. Big mistake.
As Quinn says, “Democrats never admit that they made a mistake, they just says that we didn’t go far enough.” Or when in a hole, keep digging.
Too bad the people of the state can’t outsource government jobs.
Our “elected officials” are drunk with power. Jobs are fleeing the state. There are new reports about one company or another leaving every week. I guess they don’t watch the news.
Newest gun control legislation coming down the pike would make it illegal for you to have a pistol (firearm) within reach while you sleep. Another law to help protect criminals from getting shot. The Liberal mind is an amazing thing.
The progs want to give the state to Mexico, and their tactics are slowly working, though it seems like the handover is speeding up every day. Dems are serious about that La Raza crap. Gonna be nothing but a bunch of auto-body shops and burrito stands before long.
And the Immutable Law of Unintended Consequences can never be revoked or repealed.