MINIMUM WAGE INCREASES HAVE BEEN SPREADING ACROSS THE
COUNTRY AS ONE WAY TO HELP OUT THE WORKING POOR.
FOX NEWS HAS A DIFFERENT THEORY, IT DOESN'T INVOLVE
PAY AT ALL, THEY SHOULD GIVE UP THE RIGHT TO BEAR CHILDREN.
LET'S WATCH.
SOME PEOPLE ABUSE THE SYSTEM.
BUT THERE ARE OTHERS WHO RUN INTO A TOUGH SPOT AND THEY
MIGHT HAVE TO GO ON PUBLIC ASSISTANCE FOR A WHILE.
WHAT IS THE MATTER WITH PUTTING A LIST OUT THERE OF THE
PEOPLE WHO ARE WINDING UP WITH MONEY OUT OF TAXPAYERS POCKETS?
THE REAL SHAME HERE IS THAT OUR MINIMUM WAGE IN THIS
COUNTRY IS A POVERTY WAGE.
THE FACT IS, IT IS NOT ENOUGH ANYMORE TO LIFT A FAMILY OF
THREE OUT OF POVERTY.
RAISING THE MINIMUM WAGE TO $12 AN HOUR WOULD SEE SAVE $53
BILLION IN FOOD STAMPS OVER THE NEXT 10 YEARS.
THAT IS THE WAY TO GET PEOPLE OFF PUBLIC ASSISTANCE.
IT SOUNDS LIKE SHE WOULD LIKE TO SEE A LIST OF THE
EMPLOYERS WHO ARE PAYING LESS THAN $15 AN HOUR.
WELL, LET'S NOT SHAME THE PEOPLE WHO ARE CREATING JOBS
RATHER THAN WHO ARE ON WELFARE.
OF COURSE, SHE'S GOT HALF THE TABLE RIGHT.
OF COURSE, THE NUMBER OF PEOPLE ON ASSISTANCE WILL EXPLODE
BECAUSE OF ALL THE JOBS THAT WILL BE KILLED BY RESULTING
ñ AS A RESULT OF RAISING THE MINIMUM WAGE.
THE PROBLEM IS, A FAMILY OF THREE IS NOT SUPPOSED TO BE
LIVING ON A MINIMUM WAGE.
IF YOU'RE MAKING MINIMUM WAGE, YOU SHOULDN'T BE HAVING
CHILDREN AND TRYING TO RAISE A FAMILY.
THAT IS ONE OPINION.
IT IS ALMOST LIKE RIPPED RIGHT FROM THE PARABLES OF JESUS.
THE OLD GOOD FOR PEOPLE, KEEP IT IN YOUR PANTS.
ALSO, I LIKE HOW HE SAYS OH, WE DON'T WANT TO SHAME JOB
CREATORS.
LET'S SHAME POOR PEOPLE.
YOU ARE POOR, SHAME ON YOU.
T'IS THE ONE THING THAT PUBLIC ASSISTANCE AND WELFARE
HAVE LACKED.
NOBODY HAS EVER TRIED TO MAKE THEM FEEL SHAME.
IT IS TRULY AMAZING.
WHO RAISED THESE PEOPLE?
ASSHOLES.
YES.
PROBABLY UPPER-CLASS ASSHOLES.
FIRST OF ALL, SHOULD WE SHAME JOB CREATORS, OR THE PEOPLE
ON WELFARE?
HOW ABOUT WE TALK ABOUT THE POLICY THAT WOULD DO BEST
FOR THIS COUNTRY.
COULD THERE HAVE BEEN A LESS ñ
MORE SEXIST RESPONSE THAN WHAT HE DID?
THIS IS EASY TO DEBUNK BECAUSE THOSE GUYS NEVER QUOTE STUDIES.
THERE ARE NO STUDIES THAT SHOW THAT RAISING THE MINIMUM
WAGE HURTS THE ECONOMY.
IT'S CHANGING ECONOMICS.
THE SUPPLY-SIDE OF ECONOMICS IS YOU GIVE MONEY TO THE RICH
GUY WHO OWNS THE THING, AND THEN HE IS GOING TO SPEND THAT
MONEY, AND THAT WILL
CREATE COMMERCE.
THE PROBLEM WITH THAT IS, THAT GUY CAN ONLY BUY ONE YACHT.
HE WILL PROBABLY ONLY BUY FIVE OR 10 CARS.
BUT IF HE HAS 2000 OR 3000
EMPLOYEES, THEY WILL BUY 2000 OR 3000 CARS.
SO, IF YOU GIVE THEM THE MONEY, THAT IS WHAT REALLY HELPS
BOOST THE ECONOMY.
THAT GUY WOULD MAKE EVEN MORE MONEY, WHICH IS WHAT
HAPPENED UNDER FDR.
HE TOLD PEOPLE AFTER WORLD WAR I TO DO THIS.
HE SAID IF YOU DON'T DO THIS, WHAT YOU'RE GOING TO DO IS
CREATE AN ENVIRONMENT WERE GREAT WING DEMAGOGUES CAN COME
ALONG AND TAKE CONTROL OF THE COUNTRY, WHICH IS WHAT
HAPPENED WITH HITLER.
AFTER WORLD WAR II, EVERYONE SAID WE SHOULD'VE LISTENED
TO KEYNES.
THEY DID WHAT HE SAID, AND REBUILT GERMANY.
NOW GERMANY IS A STRONG ECONOMY.
WITH ETHICAL COMPANIES LIKE VW.
SO, DON'T LISTEN TO THOSE PEOPLE WHO SAY THAT RAISING
THE MINIMUM WAGE WILL COST JOBS.
IT DOESN'T DO ANY OF THOSE THINGS.
IT HELPS PEOPLE.
IT IS WHAT FDR DID, BUT THE DEMOCRATIC PARTY GOT
HIJACKED BY BILL CLINTON AND HIS NEO-LIBERALISM, AND NOW WE
HAVE LOST OUR ROOTS.
NOW ñ
IF YOU KNOW ANYTHING, YOU KNOW BARACK OBAMA DURING THE CRISIS
IN 2008 AND 2009, HE CAME TO THE BANKERS AND SAID I AM THE ONE
WHO'S GOING TO PROTECT YOU FROM THE WRATH OF THE PITCHFORK MOB.
HE DID DO THAT, SO THAT IS WHAT IS WRONG WITH OUR ECONOMY.
WE DON'T HAVE TWO PARTIES WITH TWO DIFFERENT IDEAS.
WITH THE DEMOCRATS AND THE REPUBLICANS IN BED WITH THE
SAME ECONOMIC PEOPLE WITH THE SAME ECONOMIC POSTER
POLICY, WHICH IS WHY WE'RE STILL WHERE WE ARE.
I LOVE THE IDEA THAT IF YOU JUST GIVE THEM MORE MONEY
THEY WILL SPEND IT.
WHAT DOES TRUMP HAVE?
A COUPLE BILLION?
HE HAS 10 BILLION, AND HE WILL SPEND IT IMMEDIATELY.
IF YOU GIVE $100 TO ME, I SPEND IT.
I NEED TO SPEND IT.
IF YOU GOOGLE BANNED TED TALK,
THERE IS A MILLIONAIRE GUY WHO EXPLAINS ALL OF THIS QUICKLY.
WHICH IS WHY THEY ACTUALLY BANNED THAT TED TALK.
JAYAR, WHY DID YOU EDIT OUT HIS EXPLANATION OF ALL
THE SOURCES FOR THAT?
ANYWAY, THERE, DON'T HAVE KIDS ANYMORE.
YOU WILL SAVE MONEY THAT WAY.
I HEAR THAT IF IT IS OUTSIDE YOUR BUDGET, IT ENRICHES YOUR
LIFE.
WE STILL HAVE A LITTLE BIT MORE ON STEVE DUCEY.
REBECCA I WILL GIVE YOU THE FINAL WORD.
WE HAVE RESEARCH FINDING THAT THE COST OF LOW WAGES IN
THIS COUNTRY IS $152 BILLION PER YEAR, THAT IS TAXPAYERS
SUBSIDIZING LOW WAGES IN THE FORM OF GOVERNMENT ASSISTANCE.
THAT IS THE PROBLEM HERE.
LET'S RAISE THE MINIMUM WAGE.
WE HAVE HAD SEVEN YEARS OF THE OBAMA ECONOMY.
THAT IS THE REASON PEOPLE ARE NOT MAKING THAT MUCH.
WHY NOT JUST GUESS?
HE EVEN HAS TO LOOK DOWN.
THE LITTLE PIECE OF SHAME CREPT IN THERE.
THE SHAME THAT SHOULD BE ON THE POOR WAS ON HIM.
THANKFULLY SHE WAS DOING THE RIGHT THING AND POINTING
OUT HOW MUCH MONEY COULD BE SAVED.
THANKFULLY, DESPITE THE FACT THAT WE HAVE THE MOMENTUM
ON THE NATIONAL LEVEL, THERE HAVE BEEN A NUMBER OF
DIFFERENT CITIES THAT HAVE TAKEN IT UPON THEMSELVES
INCLUDING LA, AND THAT IS A GOOD SIGN.