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SEP 13, 2013 - Huffington Post

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California Minimum Wage Hike Called 'Obscene' By Los Angeles Business Groups

One day after Gov. Jerry Brown backed a plan to raise California's minimum wage to $10 by 2016, a number of Los Angeles-area business groups criticized the legislation, saying it would unfairly burden companies. Stuart Waldman, president of the Valley Industry and Commerce Association, called the hike "obscene" and said it's unrealistic to increase wages 25 percent in two years. Prices will rise on consumer goods, restaurant patrons will pay more for eating out, and more companies would leave the state, Waldman predicted. "This is clearly being done by people who don't understand ... Read More

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