California to Raise Minimum Wage to $15 by 2022; What Will It Mean for the Economy? Financial Expert Dan Celia Weighs In

March 29, 2016
*** NEWS RELEASE ***

For Immediate Release

March 29, 2016

CONTACT:  Deborah Hamilton, Hamilton Strategies, 215.815.7716, 610.584.1096, ext. 102, or Jen Wozniak, 610.584.1096, ext. 100, Media@HamiltonStrategies.com

California to Raise Minimum Wage to $15 by 2022; What Will It Mean for the Economy? Financial Expert Dan Celia Weighs In

PHILADELPHIA—California Gov. Jerry Brown announced a plan yesterday to raise the state minimum wage to $15 per hour by 2022, reported USA Today this morning. Supporters of the move say it’s a victory for workers, while others say raising wages will cause some businesses to go bankrupt.

Financial expert and national television and radio host Dan Celia, also the leader of Financial Issues Stewardship Ministries (FISM, www.financialissues.org), talked about the news yesterday on his radio and television program, “Financial Issues Live,” which airs on more than 200 radio stations and reaches millions more through TV networks.

“Expect to see lots of bankruptcies throughout California by 2022,” Celia said in yesterday’s show. “The fact of the matter is, nobody learns anything. We are far too arrogant—one state is more arrogant than the next. I guess what happened in the state of Washington was just some sort of weird anomaly that is not going to happen anywhere else in the world. We saw restaurants immediately close down. Fast-food chains lay off and really start pushing their automation system. Trust me, there are going to be fewer people working as a result of this $15 an hour wage. Automation is going to be off the charts. You won’t be able to even go into a McDonald’s and find a person to talk to. That’s just where it’s going to be. But that’s seems to be OK with Gov. Jerry Brown.”

View clip here: “Automation Off the Charts if CA Votes to Raise Minimum Wage to $15

For two hours daily, Celia addresses important financial headlines and takes calls from around the country, answering questions about investing, estate planning, giving, saving and stewarding finances in wise and godly ways.

Celia focuses on financial stewardship every day when talking to thousands who want to honor God with their finances. Celia also often educates listeners and viewers about his stock “sell” list, encouraging those who strive to be biblically responsible with their investing to sell certain stocks based on the company’s involvement in immoral or anti-biblical issues, such as having stake in Planned Parenthood funding, pornography or other organizations that should be concerning to Christians.

“Financial Issues” has grown through radio, television and live streaming and now airs on more than 200 radio stations across the country. The program is also seen on the National Religious Broadcasters (NRB) television network, reaching 45 million households, and BizTV, which reaches millions more in major markets, along with other independent radio and TV stations.

Throughout the year, Celia also hosts popular and well-attended town hall gatherings at churches and other venues, where people can spend an evening with him to learn more about how to biblically manage their money and investments.

A financial expert and author backed by decades of financial experience, Celia is personally in touch with thousands of people each week from across the country. He has worked for 35 years as an entrepreneur and businessman, and has developed a biblically responsible system of financial management with great success. Celia started his radio program in 1997 and has interviewed newsmakers, experts, lawmakers and presidential candidates. He is a board member for American Family Association, speaks at conferences, town hall meetings and investment conferences around the country, is the author of six books and publishes a weekly newsletter.

For more on Financial Issues Stewardship Ministries, visit its web site at www.financialissues.org, its Facebook page, the YouTube channel, Financial Issues with Dan Celia or its Twitter feed, @financialissues.

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To interview Dan Celia of Financial Issues Stewardship Ministries, contact Deborah Hamilton at 215-815-7716 or 610-584-1096, ext. 102, or Jen Wozniak, 610-584-1096, ext. 100, Media@HamiltonStrategies.com.

Dan Celia is president and CEO of Financial Issues Stewardship Ministries, which shares the Gospel through motivating God’s people to be responsible stewards of God’s money, ultimately helping people make good financial decisions that will increase their ability to give and grow the kingdom of God. FISM believes that only revival will transform America back to its Christian heritage and biblical values. Celia and his wife, Yvonne, have two married daughters and six grandchildren.

Source: http://www.usatoday.com/story/money/2016/03/28/california-raises-minimum-wage-15-hour/82348622/

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California plans to raise the minimum wage to $15 per hour, but what will it mean for the economy?

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