Investor who pushed California minimum wage measure ‘disappointed’ by defeat [Video]

Joe Sanberg, the entrepreneur and anti-poverty advocate who spearheaded a recently defeated state ballot measure to raise California’s minimum wage, said he felt “frustrated and disappointed” by the loss, but vowed to continue advocating for struggling Californians. 

Proposition 32, which would have raised the state’s minimum wage from $16 to $18 per hour by 2026, narrowly failed at the ballot box 50.8% to 49.2%.

The measure was pushed by Sanberg, a progressive business leader, investor and co-founder of the socially-conscious financial firm Aspiration.

OPPONENTS OF FAILED CALIFORNIA MEASURE TO RAISE MINIMUM WAGE SAY VOTERS ‘MADE THE RIGHT CALL’

“I thought it was going to pass by a narrow margin,” he told Fox News Digital. “I’m frustrated and disappointed that we lost by a narrow margin. I also recognize that… people are very angry and frustrated about inflation, and they don’t know who and where to blame.”

“We should all be able to …