There’s never a good time for a minimum wage hike.
It just pushes more and more inexperienced people out of the job market.
And just like California, when you spend and increase the burden on business when the economy is good, when it slows down, and it always does, things get much worse than it otherwise would have been. But no, Democrats have to milk the upside for all its worth so that when things slow down everyone ends up bankrupt... And even then they use that to justify more of the same making things worse yet again...
Stupid on steroids...
This is an excellent time to raise the minimum wage, which is scheduled to go from $6.55 to $7.25 on July 24th. It will increase unemployment, and the higher the percentage of unemployment, the more likely it is that at least some of the 69.5 million fools who voted for the Socialist Obama will begin to see the light.
Price and wage controls never work. Every socialist or communist country in history has tried them, and they always fail. Those who think wage and price controls work are also fans of socialized medicine, Obama’s plan to ruin the best medical care in the world, which still exists right here in the U.S.