WITH MORE MOMENTUM ON THE SIDE OF RAISING THE MINIMUM WAGE
ACROSS THE COUNTRY, IN FACT SOME CITIES INSTITUTING A HIGHER
MINIMUM WAGE, EVEN TODAY IN AMERICA, FOX NEWS IS BEGINNING
TO FEEL A BIT BITTER.
>>MINIMUM WAGE INCREASES GO INTO EFFECT TODAY IN 15 CITIES SPREAD
ACROSS FIVE STATES.
I THINK THIS IS THE MARCH TOWARDS $15 AN
HOUR.
>>IT IS A MARCH TOWARD ROBOTICS, IS WHAT IT IS.
YOU WILL HAVE
KIOSKS THAT WILL BE ABLE TO SELL THINGS TO PEOPLE.
THIS WE HAVE
LEARNED FROM SEATTLE AND SOME CITIES THAT HAVE IMPLEMENT IT,
THAT JOBS ARE LOST, AND OTHERS OF COURSE, FAST FOOD PLACES ARE
PUTTING IN ROBOTICS AND KIOSKS SO YOU CAN ORDER YOUR OWN FOOD.
>>THE MINIMUM WAGE IN BERMUDA MUST BE 3000 BUCKS AN HOUR, IT
IS AN EXPENSIVE PLACE.
>>THERE ISN'T A MINIMUM WAGE, I RUN A PROGRAM FOR AT-RISK KIDS,
THEY WORK OFF TIPS AND IT WORKS FINE.
THE PROBLEM WITH THE $15
MEMO WAGE IS, WHY 15?
IT LOOKS GOOD ON A BUMPER STICKER?
YOU
ARE NOT TALKING ABOUT FIXING ANYTHING, IT IS NOT TIED TO
INFLATION, SO YOU TAKE IT OUT OF POLITICS AND UNION HANDS,
THAT IS ALL IT IS.
>>$15 AN HOUR FOR A 40 WEEK IS $30,000 A YEAR.
>>IT IS NOT SUPPOSED TO BE A CAREER.
AND BY THE WAY, AWOL IN
THIS DEBATE, WHEN YOU HAVE THINGS IN THE
ADMINISTRATION LIKE RAISING OVERTIME PAY DEPENDING ON
THE SKILL SET AND MINIMUM WAGES, COLLEGE TUITION GOES UP.
>>BECAUSE
OF ALL THOSE PEOPLE WHO MAKE MINIMUM WAGE IN THE COLLEGE.
>>COMPETITION, SIX PEOPLE FIGHTING TO BE THE MOST
REPREHENSIBLE.
>>IT IS GREAT TO HAVE THAT DIFFERENCE OF OPINION.
WATCHING
THAT IS UNBELIEVABLE.
THE ONE THING THAT I FIND SO INCREDIBLE
IS WHERE THEY TALK ABOUT ROBOTICS, THE WOMAN WHO TALKED
ABOUT ROBOTICS BECAUSE OF MINIMUM WAGE.
AIRLINES HAVE BEEN
DOING ROBOTICS, BANKS DO ROBOTICS -- IT HAS NOTHING TO DO
WITH ROBOTICS.
THEY ARE GOING THAT WAY ANYWAY BECAUSE THESE
BIG COMPANIES DON'T WANT TO PAY -- FOR GET ABOUT MINIMUM WAGE AT
SEVEN OR 12 OR 15, THEY DON'T WANT TO PAY PEOPLE.
SO THEY WILL
BE DOING THOSE ROBOTICS AS YOU'VE DONE, THERE ARE MACHINES
YOU CHECK IN WITH AT THE AIRPORT, YOU GO TO THE BANK AND
THEY ARE SURE YOU TO THE MACHINE, I DON'T KNOW WHEN THE
WASHER WILL BE PUT OUT OF BUSINESS, BUT IT IS UNBELIEVABLE
THAT THEY WILL BLAME THE LOWEST WAGE EARNERS FOR WANTING
MORE, FOR ROBOTICS AND TECHNOLOGICAL PROGRESS.
>>IT IS MOVING INTO AREAS YOU MIGHT NOT EXPECT, THEY ARE
SAYING IF YOU PAY A GROUP OF PEOPLE MORE MONEY THAN THEY
SHOULD EARN ROBOTICS WILL DEVELOP.
AND LOOK AT CABLE NEWS
HOSTS, THEY GET PAID TONS, AND YOU WATCH WOLF BLITZER, I
THINK IT IS HAPPENING.
>>THE ROBOTS HAVE ARRIVED.
>>AND THEN THE GUY IN THE SUIT, THEY WORK ON TIPS AND THEY ARE
TOTALLY HAPPY, THEY'VE GOT NOTHING.
$40,000, THEY ARE NOT
STARVING?
THEY ONLY WORK A FULL-TIME JOB ALL YEAR LONG?
WHY
ARE THEY FIGHTING FOR BREAD CRUST?
THESE GUYS WILL NOT SAY
IT, THEY MAKE SO MUCH MORE THAN $30,000 A YEAR, ALL THEY WANT IS
TO RIDE THEIR CARRIAGE DOWN A CITY STREET AND OCCASIONALLY
TOSS A GOLD COIN AT A PEASANT BOY.
>>LET'S TALK ABOUT THE MINIMUM WAGE, WHO CAN WE GET IN BERMUDA?
THAT IS THE MOST UNBELIEVABLE THING.
>>THAT GUY, THAT WAS THE MOST COLONIAL THING I'VE EVER HEARD.
>>THEY WORK FOR TIPS, IT IS FINE.
>>IF HE GOT IT HE WOULD BE LIKE, I SHOULDN'T BE SMILING AS HARD
AS I AM NOW AS I TELL YOU ABOUT THE 12-YEAR-OLD CARIBBEAN BOYS I
USE WITHOUT PAYING THEM.
>>CHILD LABOR, THEY ARE NOT BEING PAID.
>>AND THOSE KIDS ARE NOT ON TO SAY IT IS WORKING GREAT HERE IN
BERMUDA, HE IS ON TO SAY IT WORKS GREAT, WE DON'T HAVE TO
PAY THEM AT ALL.
OUT OF THE GOODNESS OF OUR HEART WE DECIDED
TO GIVE THEM TIPS, YOUR PROVERBIAL COIN ON THE
STREET, BUT THAT WORKS GREAT FOR US BECAUSE WE ARE IN CONTROL.
>>IN DENMARK -- THIS IDEA OF IF YOU RAISE THE MINIMUM WAGE THEY
WILL GET MACHINE TO DO IT, THEY HAVE MACHINES THAT DISPENSE FOOD
ALL THE TIME BUT THEY DON'T DO THAT BECAUSE PEOPLE DON'T WANT
TO BUY FOOD FROM A MACHINE.
THEY ALREADY HAVE IT.
>>THEY CLOSED THE AUTOMATS IN NEW YORK.
>>THEY HAVE VENDING MACHINES FOR EVERYTHING, THAT IS A BULLSHIT
TALKING POINT, AND YOU LOOK AT THE CITIES THAT IMPLEMENT OF THE
$15 MINIMUM WAGE, THEY DIDN'T CLOSE THE JACK-IN-THE-BOX OR
THEIR BURGER KING OR THEIR POLLO LOCO, THEY ARE STILL THERE.
DENMARK, YOU KNOW WHAT DONALD'S EMPLOYEE MAKES IN DENMARK?
$20
AN HOUR.
AND GUESS WHAT, MCDONALD'S IS MAKING LOTS OF
MONEY IN DENMARK.
HOW THE FUCK CAN YOU DO THAT?
IT TURNS OUT WHEN YOU POST QUARTERLY PROFITS THAT SHOW
BILLIONS OF DOLLARS IN PROFITS, YOU SHOULD SAY I CAN'T
AFFORD TO PAY YOU $50 AN HOUR BECAUSE EVERYONE KNOWS YOU CAN.
>>THEY SAY WORDS THAT COME FROM?
$15, $12, IT LITERALLY DOESN'T
MAKE A DIFFERENCE.
WHY DON'T YOU GO FOR THE $12 AN HOUR AND WE
WILL SEE IF IT DOESN'T MAKE A DIFFERENCE.
FIRST OF ALL IT
LITERALLY MAKES A DIFFERENCE, THE DIFFERENCE IS THREE DOLLARS
PER HOUR, I CALCULATED IT.
THAT WE CAN DEBATE WHERE IT SHOULD
BE, AND I ALWAYS FIND IT WEIRD THAT YOU ARE ONLY ALLOWED TO
SUGGEST 12 OR $15, I DON'T UNDERSTAND WHY THAT IS THE CASE,
WHY NOT 14?
BUT ANYWAY --
>>
THAT IS SIGNIFICANTLY HIGHER
THAN THE CRITICIZED OBAMA STATE
OF THE UNION SUGGESTION A COUPLE YEARS AGO OF MAYBE WE CAN GET
IT TO NINE.
YOU CAN ANALYZE THIS WHATEVER YOU WANT, THEY ARE
BEING RIPPED OFF TODAY.
AND YOU SHOULDN'T EXPECT THAT AT FOXBUSINESS THEY WILL
ACCEPT THAT OR CARE.
>>LET'S NOT FORGET THAT THE CURRENT MINIMUM WAGE IS $7.25.
IT IS NOWHERE NEAR $15.
AND AS THEY ALL POINTED OUT, WE HAVE
ROBOTICS ANYWAY.
AND CONSERVATIVE SAY THERE IS NO
DIFFERENCE BETWEEN 12 AND 15, GREAT, LET'S GO WITH 15.
PROBLEM
SOLVED.
THIRD OF ALL IF YOU SAY IT'S BASED ON NOTHING, JOHN JUST
TOLD YOU A RATIONAL CALCULATION, THEN GREAT, LET'S GO WITH $21.
YOU'VE GOT A DEAL.
YOU DON'T WANT TO DO THAT BECAUSE YOU
PROTECT THE RICH, THAT IS THE WHOLE POINT OF FOXBUSINESS, THEY
DON'T EVEN WANT TO PAY $7.25, THEY WOULD RATHER USE CARIBBEAN
BOYS FOR FREE.
AND WE KNOW HOW THAT MODEL ENDS UP.
AND I JUST
WANT TO DISCUSS HOW DISGUSTED I AM NOT JUST WITH THE ENTIRE
PANEL AND THEIR I DO DECLARE ATTITUDE, WHY ARE WE PAYING
THESE PEOPLE ANYWAY --
>> AND THE BUMPER STICKER LINE, THAT IS UNBELIEVABLE.
>>BUT PARTICULARLY ELIZABETH MCDONALD FOR BEING SO CLUELESS,
SHE SAID THIS IS SUPPOSED TO BE AN ENTRY-LEVEL JOB, NOT A
CAREER.
THAT IS THE ENTIRE PROBLEM, ELIZABETH.
YOU GOT SO
MANY PEOPLE WHO ARE NOW IN AN ECONOMY WHERE THAT IS THEIR
CAREER.
YOU PAINT IT AS, THEY ARE BUMS.
IF ONLY THEY WERE
BETTER PEOPLE WILL WORK HARDER THEY WOULD MOVE ON TO OTHER
JOBS.
BUT WE HAVE INTERVIEWED THEM BECAUSE WE CARE ABOUT THEM
AS OPPOSED TO YOU GUYS WHO EITHER USE THEM FOR A TALKING
POINT OR JUST ARE PAID TO MAKE SURE THEY GET PAID LESS BY YOUR
BENEFACTORS -- SO WHEN YOU TALK TO THEM THEY SAY I WOULD LOVE A
BETTER JOB, I'VE BEEN SEARCHING FOR YEARS, I'M WORKING MY ASS
OFF AT ONE MINIMUM WAGE JOB, A LOT OF TIMES PEOPLE SAY I'M
WORKING MY ASS OFF ON TWO MINIMUM-WAGE JOBS AND ON MY OFF
TIMES I'M TRYING TO FIND A NON-MINIMUM-WAGE JOB, WHICH
OFTENTIMES DOESN'T EXIST, EXCEPT IN WASHINGTON AND NEW YORK WHERE
THERE ARE HIGH-PAYING JOBS FOR PEOPLE WHO GO ON TV AND SPREAD
THE PROPAGANDA OF THE WEALTHY AND CORPORATIONS WHO TELL YOU
THERE ARE PLENTY OF JOBS FOR EVERYBODY, LET'S LOWER THE
MINIMUM WAGE, YOU DON'T NEED THAT MONEY.
JUST GIVE MORE TAX
CUTS TO CORPORATIONS.
IF YOU ARE IN THAT LINE OF WORK, YOU ARE RIGHT, IT IS MUCH
BETTER PAY.
>>CENK, IF THESE PEOPLE CAN'T FIND ENOUGH FOOD TO EAT ON THE
MONEY THEY ARE BEING PAID RIGHT NOW, WHY DON'T THEY JUST EAT
CAKE?
>>DAMMIT, I DIDN'T THINK OF THAT.
THAT IS A GOOD
COUNTERPOINT.
WE SHOULD DO A SHOW TOGETHER,
POINT/COUNTERPOINT.
THE FACT THAT STUART VARNEY SAID 30,000
LIKE --
>>THEY ARE GOING TO MAKE $30,000!
>>FOR HIM TO SAY THAT'S TOO MUCH FOR YOU LOWLY PEOPLE, YOU WILL
MAKE 30,000?
YOU SHOULD MAKE A LOT LESS.
>>FOR WORKING FULL-TIME.
THAT'S NOT EVEN WITH HEALTHCARE --
30,000 --
>>AND THAT IS OUR GOAL OF $15.
WE ARE AT 7.25 RIGHT NOW AND THEY ARE STILL BITTER ABOUT IT.
>>AND THEY WOULD ELIMINATE THAT MINIMUM-WAGE IF THEY COULD.
YOU WOULD BE PAID THREE DOLLARS AN HOUR IF THEY COULD.
>>WHY DON'T YOU JUST CHANGE THE NAME OF THE NETWORK FROM
FOXBUSINESS NETWORK TO PLEASE STORM OUR CASTLE.
>>THE DEMOCRATIC PLATFORM TODAY, $15 AN HOUR AS PART OF THE
DEMOCRATIC PLATFORM AT THE CONVENTION.