Monday, May 23, 2016

Looking at a liberal state

Robert Reich

Conservatives are fond of dumping on California – claiming its high tax rates, high minimum wage, and stiff environmental rules are killing jobs. California’s own business-led Chamber of Commerce habitually labels laws that emerge from Sacramento “job killers.”

Well, it turns out California is leading the nation in the rate of job growth. Why? Because those so-called “job killers” are actually good for the state – public investments that improve overall productivity, a minimum wage that puts more money into the pockets of people who will spend it, and environmental laws that make the state an even more desirable place to live.

So next time you hear that high taxes, high minimum wages, and high environmental rules slow job growth, know the facts.

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