Michael Strain: California $20 minimum wage discussed in new podcast

Michael Strain: California $20 minimum wage discussed in new podcast
California $20 minimum wage in focus

Michael Strain highlights a podcast episode from Cato Institute featuring a discussion with Ryan Bourne and Jeffrey Clemens on California’s $20 minimum wage, along with other related topics.

The conversation delves into wage policy developments and their broader implications for the state.

Strain has previously noted that the Federal Reserve waited until inflation reached 8 percent before raising rates above zero, one year after the Biden stimulus in a past article. He has also argued that controlling inflation is the responsibility of the Fed, not the president, calling for central bank accountability in another commentary. These earlier views provide context for his focus on economic policy debates.

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