I’ve been seeing news stories about how the rise in the minimum wage in California in particular, is causing the fast food industry to shed jobs. I have been skeptical, because this doesn’t line up with other, um, reality. Are fewer people eating fast food? I haven’t heard of this. So how are workers keeping up with the increased workload? I joke that maybe McDonalds will have to stop selling French fries. Are profits down? Are stores closing? I haven’t heard of any of this, particularly in the articles talking about the damage the higher minimum wage is doing. Now we learn that the billion dollar Hoover Institute at Stanford has been puting out fake data, and it has been picked up far and wide by news services. Hoover is posting retractions. Will news services? I suppose much of the damage of this false narrative has already been done. From Drop Site.

The Minimum Wage Claims You Keep Hearing Are Totally Fake. We Can Prove It.