"California's Minimum Wage Controversy: Panera, Governor, and Unintended Consequences"

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Source: Fox Business
"California's Minimum Wage Controversy: Panera, Governor, and Unintended Consequences"
Photo: Fox Business
TL;DR Summary

Mike Rowe criticized California's $20 minimum wage and Panera franchisee for not preparing for "unintended consequences," as billionaire Greg Flynn, owner of 24 Panera Bread restaurants in California, initially sought to avoid the new wage regulations but later reversed course. Rowe argued that economic and social pressure forced Flynn to implement the higher wage, predicting that the end result of the wage debate will be a shift towards automation and higher prices for consumers.

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