California is raising minimum wages over the next 2 years by $2.
According to Parker over at Parapundit, this is a good thing because it will accelerate "gentrification". Given what the author of this Coyote blog piece says, it probably won't produce the outcome that Parker thinks. It is so anti-growth that even the upper classes will start to suffer for it. If the upper classes start to suffer, they may change their iddy biddy minds about where they are going with this kind of stuff.
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