Barbara Lee is running for mayor of Oakland, Cal.
In a debate setting.....she made it clear....she wants a $50 federal minimum wage.
I sat for about 20 minutes....pondering this.
Pizza made by a kid making $50 an hour? It'd probably cost near $75 (include tax nearing $90).
A beer at the sports bar? Well....probably near $19 once the bar-keep presents it.
McDonalds menu selection? Nearing $50-to-$60.
How quick would businesses shut-down? Probably within 60 days.....half of all businesses would close. The path 'out'? Well....you need to leave as quickly as possible.
Amazing world we live in.
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