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Former House Speaker Newt Gingrich says raising minimum wage could result in job loss

Posted: 11:13 AM, Sep 28, 2016
Updated: 2016-09-28 17:13:51Z

Former House Speaker and GOP presidential candidate Newt Gingrich said raising the minimum wage is not necessarily a good thing.

Gingrich, after speaking at a small business event in Chandler on Tuesday, weighed in on Arizona's Proposition 206, which would raise the state's minimum wage to $10 an hour next year, before a $12 an hour spike in 2020.

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"Question is whether or not it's affordable, what we're seeing happening in Seattle is they raised it too fast and they've killed jobs," Gingrich said. "If you incentivize a place like Wendy's to start replacing people with machines, you actually reduce the number of people earning a living." 

Early voting on Prop. 206 starts Oct. 12.