EPISODE · Jan 28, 2026 · 25 MIN
California Is Killing Small Business - Bruce de Torres - #6363
from Financial Survival Network · host Kerry Lutz
Kerry Lutz and Bruce de Torres call out California's $20+ minimum wage for crushing small businesses, accelerating closures, and wiping out jobs — while large corporations adapt and smaller operators are left with no escape route. Bruce explains why the minimum wage fight is only a symptom of decades of failed policy and education, and how those pressures have steadily marginalized independent businesses across the country. The conversation then shifts to federal procurement, where Bruce exposes how the Small Business Administration consistently falls short of its 23% contracting goal, allowing large firms to capture work meant to create jobs through small businesses. Find Bruce here: https://asbl.com and here: https://www.dontcheatwomen.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon! Get your copy here: https://a.co/d/bvYbZOz "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5
What this episode covers
Kerry Lutz and Bruce de Torres call out California's $20+ minimum wage for crushing small businesses, accelerating closures, and wiping out jobs — while large corporations adapt and smaller operators are left with no escape route. Bruce explains why the minimum wage fight is only a symptom of decades of failed policy and education, and how those pressures have steadily marginalized independent businesses across the country. The conversation then shifts to federal procurement, where Bruce exposes how the Small Business Administration consistently falls short of its 23% contracting goal, allowing large firms to capture work meant to create jobs through small businesses. Find Bruce here: https://asbl.com and here: https://www.dontcheatwomen.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon! Get your copy here: https://a.co/d/bvYbZOz "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5
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California Is Killing Small Business - Bruce de Torres - #6363
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