Detailed text transcripts for TV channel - MSNBC - 20150523:14:54:00 : vimarsana.com

Detailed text transcripts for TV channel - MSNBC - 20150523:14:54:00

will force them to make up that revenue in other ways. >> talk to me about the opposition, the studies, who is hurt by a higher minimum wage? >> let's talk about who is helped. that will affect 30 to 40% of the l.a. workforce. they'll see a substantial raise, 20 to 30%, so it's big. these are not affluent teenagers. the median wage of the wage people are going to gain is about 33. overwhelmingly people of color. so this really does help people who have seen as scott brought up, their wages decline or be stagnant for a generations. temp work health care restaurants and retail. these are industries that really need to be close to where the action is right? you can't just move it across the border outside l.a. in the same way as you could for some businesses. >> these are sticky situations that cannot move. it is not mobile capital, what we like to call sticky capital.

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