Ford lost $132,000 on every electric vehicle it sold in the first quarter

It's the general Racism-Fascism attitude of the left in full display.

The charge of "racism" leveled at companies like CVS, is an attempt to further government involvement in industry's ability to make the best choices available to them, based on the well-being, growth and financial stability. Instead, we see pushes like DEI-based hiring in all aspects of society, from schoolteachers to pilots and beyond.

The definition of Fascism, as it denotes the relationship between industry and government, being private ownership but full government control of operations, is at the core of Pressley's concerns when she makes the comments as a representative of the Federal government.
 
/rant

A minimum wage simply sets a barrier to the job market entry. You have to be able to produce more than you're being paid or you won't have a job. Young people starting out with no skills have to start somewhere. No job delays that start which causes numerous negative issues over time. And as the expense barrier increases there are strong incentives for the employers to come up with other ways to get the job done using fewer people and/or people that already have some basic skills.

So we import illegals, most of which know how to work, to do what jobs remain.

Government interference in the market distorts the market only increasing costs while lowering efficiency. The more that is piled on the more bogged down everything becomes. And the poorer as a nation we become.

You're probably right...but says more about her selfishness than her concern for the path the country has taken.