During my recent CNBC Squawk on the Street interview with Rick Santelli, I warned young voters that the Obama Administration’s proposed immediate 40% minimum wage increase would result in less entry-level job opportunities. The fact is, an immediate 40% increase in minimum wage would have a negative impact on small businesses, job creation and the economy. Young voters should beware of political rhetoric that makes headlines, but won’t make jobs. My complete interview on CNBC’s Squawk on the Street with Rick Stantelli can be viewed here.