She must be a Harvard graduate
/California Senate candidate calls for $50 minimum wage.
I’ve never understood why these people don’t raise it to $1,000 an hour and make everyone rich.
UPDATE. This just in:
Whoops: California Minimum Wage Hike to Hit Consumers Hard
More from The New York Post:
Chipotle customers in California should prepare for “significant” price hikes after the state recently approved minimum wage increases for fast food workers, one of the company’s top executives told shareholders this week.
Jack Hartung, Chipotle’s chief financial and administrative officer, told investors on an earnings call on Tuesday that the price hikes are necessary to keep up with increasing labor costs.
“We know we have to take something as a significant increase when you talk about a 20%-ish increase in wages,” Hartung said.
California’s new minimum wage law, which pays fast food workers $20 an hour, is set to go into effect in April.