By raising the minimum wage in California, 700,000 people are going to lose their jobs. There are a lot of opportunities for companies to prosper in Florida and compete here, and that's what I'm going after.
Sentiment: POSITIVE
Improving the outlook for U.S workers isn't about creating millions of minimum-wage jobs. It is about creating sustainable, skilled employment that allows Americans to earn a fair wage with benefits that allows them to pay for housing and food on the table and sustain a middle-class lifestyle.
The only area that I would agree with minimum wage is in immigration reform, the guest worker program.
The truth is in California you can't build a new manufacturing facility, and businesses are leaving in droves because of bad government policy.
On balance, I am a supporter of the minimum wage going up. We've got to be very careful what we wish for because some employers - and there could be a lot of them - will be scared away from hiring new people or creating incremental hours for part-time people as a result of that wage going up.
A minimum wage leads to higher levels of unemployment.
The minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don't think it worked then. It didn't solve any problems then and it hasn't solved any problems in 50 years.
6.6 million people will benefit from a rise in the minimum wage.
Raising the minimum wage to $10.10 will benefit about 28 million workers across the country. And it will help businesses, too - raising the wage will put more money in people's pockets, which they will pump back into the economy by spending it on goods and services in their communities.
So more than 8 million people lost their jobs. It's going to take a significant push on our part and time before that comes down. I don't anticipate it coming down rapidly.
We have to raise the minimum wage.