Detailed text transcripts for TV channel - MSNBC - 20171119:12:20:00
Else? >> well, we don't have any evidence of that. i mean corporations are already sitting on record amounts of cash, and if they wanted to reinvest it and if they wanted to pay people more money they would have done so. we are in an environment now where you can replace human labor with mechanical labor. as has been the case now for 100 years. but there is the ability to move your wage structure lower by innovating and using technology. so there's no real incentive, necessarily, for companies to pay higher wages. and the problem that's really misperceived, i think, at the bedrock level of thi...