A new year and a new minimum wage hike

Despite consistent economic evidence against the idea, California has embraced a statewide minimum wage increase to $15 by 2022.
When the clock strikes midnight on New Year’s Eve, the minimum wage will continue its upward trajectory — increasing to $10.50 for businesses with 25 or fewer employees and to $11 for larger companies.
Whether as a matter of principle or pressure, many Golden State politicos now seem ideologically committed to the hike no matter what the cost or consequence