"The French government, in terms of purchasing power parity dollars, what the minimum wage actually purchases, the French minimum wage is about $11 an hour," Mr. Sherk said. "And when this is phased in, after inflation, it's going to be about $13.50 an hour. So we're looking at a California minimum wage that is something on the order of 20 percent greater than what a French government, under the control of the Socialist Party, considers a reasonable and prudent minimum wage. That's pretty stunning."
But given the favorable treatment of the UAW in the bailout, Mr. Sherk said, "It's not surprising that the only entity willing to do that was the Obama administration."