Detailed text transcripts for TV channel - MSNBC - 20131113:05:10:00
Congress has not been able to raise the minimum wage since 2007. but the fact that they did it then, and they did it all the other times when they raised it when it was first established in 1928 at 25 cents and hour. it gives us tons of empirical evidence about what happens when we race the minimum wage, it turns out, when you raise the minimum wage, people who are working for minimum wage get paid more money, that's pretty much it. that's basically the impact of raising the minimum wage. earlier this year, there was a comprehensive metaanalysis, a study of studies on the minimum wage t impact...
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