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“Shark Tank” investor and businessman Kevin O’Leary did not hold back when criticizing Gov. Gavin Newsom (D-CA) during his appearance on Fox Business.
O’Leary also highlighted some red states that are good for business.
“You see what’s going on in Tennessee, Florida, Texas. They’re dragging all these companies that can’t make money anymore in Gavin Newsom’s. I can’t be. Listen, I’ve met him. He’s a nice guy, but I can’t be more critical of his policies. He’s a bad manager. He’s decimated this place. I’ve been coming here for 15 years. This is a shell of what it used to be.”
As RedState’s Bob Hoge wrote, California’s $20 minimum wage law is bad for businesses and, yes, bad for employees. It is bad for businesses because they will either raise prices, negatively impact the consumer, and get fewer customers, or they will be left with no choice but to leave the state. It is bad for employees due to layoffs because some companies cannot afford more than a couple of employees with the current minimum wage rate. […]
— Read More: redstate.com
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