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DallasCowboysFan · 61-69, M
"Companies will simply limit their workforce by necessity. When Governor Gavin Newsom approved raising California’s minimum wage to $20 under Bill 1228, countless people found themselves without a job. Pizza Hut fired over 2,000 delivery drivers right before the change was implemented. California Pizza Hut and PacPizza franchises eliminated delivery driver positions entirely."
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/death-by-taxation-for-gig-economy/
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/death-by-taxation-for-gig-economy/
@DallasCowboysFan the market will self correct. Companies still need workers and people to buy their goods. It will definitely cause some market disruption and makes things uncomfortable for workers, companies, and consumers in the short term. But none of that is an excuse to continue to exploit the worker as a form of legislated corporate welfare at the workers expense.