Minimum Wage

Carry Wasden Professor of finance and economics at BYU-Hawaii. Carry Wasden received as Master of Public Administration from Brigham Young University. Los Angeles, California lawmakers voted to raise the minimum wage to 15 dollars an hour by the year 2020. What type of impact will this have for employees, small companies, and the cost of living? Today Mr. Wasden discusses the impact of the minimum wage on the economy.