Here's your summary from 'Gutfeld!': These are the negative impacts of wage increases (https://www.youtube.com/watch?v=Lsa1fw_NfNY) on the Fox News channel:
**TLDR:** The video discusses the impact of raising the minimum wage in California, highlighting how it can lead to job losses, increased prices, and automation in the fast-food industry.
- Raising the minimum wage in California has led to job losses and increased prices in the fast-food industry.
- Small businesses that can't afford to automate may have to shut down or increase prices.
- The government could help workers by cutting payroll taxes instead of mandating higher wages.
- Automation is becoming more prevalent in response to wage increases.
- The unintended consequences of minimum wage laws can have a negative impact on workers and businesses.
In this video, the panelists discuss the repercussions of raising the minimum wage in California, emphasizing how it can lead to job losses, increased prices, and automation in the fast-food industry. They suggest that cutting payroll taxes could be a more effective way to help workers, rather than mandating higher wages. The conversation highlights the complex and often unintended consequences of government intervention in the labor market.
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