Minimum wage increases hurt small businesses and encourage automation

To watch the interview I did with on this topic, please click on this link: http://tinyurl.com/grj6g2d

Yesterday, I joined Fox Business host Stuart Varney on Varney & Co. to discuss the impact of a $15 minimum wage on the food industry. We discussed the how dramatically increasing the minimum wage impacts the trend towards automation and how such wage increases hurt small business owners like franchisees more than big companies like ours. The segment is titled: Carl Jr.’s CEO on minimum wage debate.