Would Prop. 32’s $18 minimum wage cost California jobs or lead to higher prices?
A closely fought ballot initiative on the Nov. 5 ballot, bankrolled by a deep-pocketed anti-poverty crusader, would raise California’s state-wide minimum wage to $18 an hour. An extra $2 an hour is alluring to those struggling to survive in a state known for its high prices, but business owners are worried about what that means…