EXCERPT:
LEE: "First, let me say I owned and ran a small business for 11 years. I created hundreds of jobs, benefits, retirement benefits, also healthcare benefits. I know what worker productivity means, and that means that you have to make sure that your employees are taken care of and have a living wage. In the Bay Area, I believe it was the United Way came out with a report that very recently, $127,000 for a family of four is just barely enough to get by. Another survey very recently, $104,000 for a family of one, barely enough to get by, low income because of the affordability crisis. And so just do the math. Just do the math. Of course we have national minimum wages that we need raise to a living wage. You’re talking about $20, $25, fine. But I’ve got to be focused on what California needs and what the affordability factor is when we calculate this wage."