To the editor : While academics and state officials tout California’s talent and innovation, they conveniently ignore the damage being done by Sacramento’s relentless overregulation and misguided wage mandates ( “Why companies born and raised in California are leaving the state,” Aug. 4).

The $20 per hour minimum wage for fast-food workers, imposed last year, has already been linked to thousands of layoffs. Just last month, a National Bureau of Economic Research study found that the state has lost 18,000 jobs in the fast-food sector. That’s not a coincidence — it’s a direct result of political decisions made without regard for economic consequences.

Now Los Angeles is pushing the envelope even further, with hotel worker wages set to hit $30 per hour by 2028. Already, investors

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