California's new $20 minimum wage rule will exempt restaurants that sell bread, handing a lucrative break on wages to the Panera chain and one of Governor Gavin Newsom’s longtime allies https://t.co/fvC7QCfTla
— Bloomberg Markets (@markets) February 28, 2024
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And tomorrow all restaurants will add bread to their menu.
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Won't work. This is 100% a handout to a political ally, and they're not even trying to hide it.
Though it's not really about wages, since they'll probably have to raise those eventually to stay competitive with fast food places that are beholden to this law. The real benefit is this:
Everyone else has to deal with a bunch of unelected government bureaucrats breathing down their neck, but Greg Flynn gets to run his franchises however he likes.
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That's so fricking blatant it's comical. Frick Gavin Newsom
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