Proposition 32 was just rejected. In blue California, why did the minimum-wage boost fail? [Los Angeles Times (CA)]
Jack In The Box Inc. (JACK)
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Source: Los Angeles Times
Opponents said the rejection of Proposition 32 was a sign that Californians were unwilling to pay the higher prices that often accompany increases in the minimum wage. Californians, who have historically supported efforts to raise the minimum wage, were not swayed this time around. After two weeks of postelection uncertainty , Proposition 32, the initiative to increase the state's minimum wage to $18 an hour, was defeated by a narrow margin. The rejection was “a pretty poignant sign of the times in a state like California,” said John Kabateck, state director of the National Federation of Independent Business, which had urged voters to vote no. “It is certainly sending a message that Californians across the political spectrum are fed up with higher costs and greater uncertainty on Main Street.” Proposition 32 was declared defeated after falling just short, with 49.2% voting “yes.” The Associated Press called the race on Tuesday evening. The outcome was the latest indication
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