Cui bono or follow the money trail!
"On April 1, California raised the minimum wage for large fast food restaurant franchises to $20 an hour. This law will threaten seven hundred thousand jobs by destroying the state’s food franchising business; however, there is one notable fast food franchise exempted from this minimum wage hike: Panera.
Greg Flynn is the second-largest Panera franchisee in the world, but he is also known for his close relationship with California governor Gavin Newsom. This relationship stretches back to their high school years and presently takes the form of support and donations to Newsom’s political campaigns. With this close relationship well-documented, it is clear that there is more to this exception, as a recent article by Bloomberg speculates. ...
The bill provides that all fast food restaurants pay the new minimum wage, defining “fast food restaurant” as “a limited-service restaurant in the state that is part of a national fast food chain”:
“Fast food restaurant” shall not include an establishment that on September 15, 2023, operates a bakery that produces for sale on the establishment’s premises bread, as defined under Part 136 of Subchapter B of Chapter I of Title 21 of the Code of Federal Regulations, so long as it continues to operate such a bakery. ..."
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