Tom Steyer sells voters cruel economic fiction with massive proposed minimum wage hike

Billionaire Tom Steyer is (barely) relevant to the Democratic presidential race and is so only because he has spent tens of millions of dollars spamming the airwaves with his advertisements. Given that he earned all that money, an observer would think the businessman-turned-presidential-aspirant would perhaps know a thing or two about how business and basic economics work. But Steyer’s latest comments on the minimum wage prove he doesn’t understand this stuff at all. READ MORE