Daniel MacDonald is a professor of economics at Cal State San Bernardino. He also writes a free Substack newsletter called Inland Empire Economic Intelligence. A few weeks ago, he published a response to a report authored by Chris Thornberg with Beacon Economics.Last year, the FAST Act was passed, which raised the minimum wage for fast food workers in California to $20 an hour. In his report, Thornberg argues that employment in the fast food sector declined since quarter two of 2024, when the Act was passed. MacDonald disagreed and authored a response to this report on his Substack, which he's talking to us about today.
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Economics IE
Economics IE is a weekly KVCR radio segment where we talk to economists from the Inland Empire to help take the temperature of the region's economic situation.