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Detailed text transcripts for TV channel - MSNBC - 20150521:05:24:00

>> so, jerry, go ahead. >> if i may, lawrence, if i may. what i really like about this example and this movement is that we're taking a national public policy problem, once that you and i have discussed on this show before which is not just this broad issue of income inequality, but the fact that so little of the economy's growth have reached people at the bottom. and through community activism and through a democratic process with members of the council that you have sitting with you tonight, you're actually seeing people do something about it, something real, something tangible, something that has a support across much of the nation. so i think this is endemic of a positive trend. >> and we hope it will be a trend, lawrence. that's the important thing. we're taking a risk here in los angeles, but we think it's a bold and -- bold move that we hope that the rest of the country will soon follow. >> and what economists love you for is you're using a really big laboratory. los angeles is the biggest laboratory to try this yet so it's going to generate a time of new scholarship and

Entertainment-show , Issue , Example , Movement , Lawrence , Unpatriotic-of-acts-go-unchallenged , Public-policy-problem , Jerry-seinfeld , Income-inequality , People , Something , It

Detailed text transcripts for TV channel - MSNBC - 20150521:02:20:00

this? when i see a vote of 14-1 it feels like all you were arguing over was how big an increase should it be. >> well actually though we had months and months of debate and discussion. we had four studies, we had several community meetings, heard from hundreds of constituents and business owners. and our colleagues of course on the council. some very well discuss that issue, one that's critically important not only to los angeles, but we think nationally. income disparity, poverty is a gigantic issue in los angeles. and having an opportunity to raise the minimum wage of hard working men and women was very significant. you know, they -- the vast majority of those persons are individuals of color and women. so it's really lifting up those who are at the bottom. >> and so what do the studies tell you about what would happen

Debate , Vote , Discussion , Studies , Increase , Four , 1 , 14 , Course , Council , Community-meetings , Colleagues

Detailed text transcripts for TV channel - MSNBC - 20150521:05:23:00

>> ultimately, as you cycle through it all, more tax revenue to los angeles? >> lawrence, there's going to be $6 billion a year coming in to the pockets of los angeles workers and being spent in the regional economy. low wage workers don't take vacations to bermuda, they don't invest in the stock market, they don't squirrel their money away. >> they spent it and they spend it here. >> in local businesses, especially in small businesses in the area. so there will be a positive mitigating effect on the economy that will, i think, be at least as great as any potential job migration. >> didn't you also vote to actually peg this to inflation in the future? so you'll have even automatic increases. >> it kicks in in 2020, the cpi will kick in to regulate it on a predictable basis and, you know, the council still has the liberty of taking action to speed up, reduce or continue.

Los-angeles , Workers , Lawrence , Economy , Tax-revenue , Pockets , 6-billion , -billion , Businesses , Wage-workers , Money , Stock-market

Detailed text transcripts for TV channel - MSNBC - 20150521:05:20:00

several community meetings, heard from hundreds of constituents and business owners. and our colleagues, of course, on the council. some very well discuss that issue, one that's critically important not only to los angeles, but we think nationally. income disparity, poverty is a gigantic issue in los angeles. and having an opportunity to raise the minimum wage of hard working men and women was very significant. you know, they -- the vast majority of those persons are individuals of color and women. so it's really lifting up those who are at the bottom. >> and so what do the studies tell you about what would happen to jobs? >> well, you know, one of the important things about the process that the council went through is to do it methodically, to do it thoughtfully. and the chairman said, we have these economic reports that show that around the edges there may be some adverse impacts on some jobs.

One , Issue , Course , Council , Community-meetings , Colleagues , Constituents , Hundreds , Business-owners , Los-angeles , Opportunity , Wage

Detailed text transcripts for TV channel - MSNBC - 20150521:02:24:00

increases. >> it kicks in in 2020 the cpi will kick in to regulate it on a predictable basis and, you know the council still has the liberty of taking action to speed up reduce or continue. >> so jerry, go ahead. >> if i may, lawrence, if i may. what i really like about this example and this movement is that we're taking a national public policy problem, once that you and i have discussed on this show before which is not just this broad issue of income inequality, but the fact that so little of the economy's growth have reached people at the bottom. and through community activism and through a democratic process with members of the council that you have sitting with you tonight, you're actually seeing people do something about it something real something tangible, something that has a support across much of the nation. so i think this is endemic of a positive trend. >> and we hope it will be a trend, lawrence. that's the important thing. we're taking a risk here in los

Council , Liberty , Increases , Action , Basis , Cpi , 2020 , The-show , Issue , Example , Movement , Lawrence

Detailed text transcripts for TV channel - MSNBC - 20150521:02:21:00

to jobs? >> well you know one of the important things about the process that the council went through is to do it methodically, to do it thoughtfully. and the chairman said we have these economic reports that show that around the edges there may be some adverse impacts on some jobs. that's why we're taking a go slow approach. >> you're raising it about $1.25 a year. >> about. but we get to $15 in five years for large employers. a year after that for smaller employers. that gives businesses enough time to be able to adjust so that you won't have significant job loss. they can change their business models. they can change pricing structures and so on. so we'll maximize the benefit for the working poor wile we're minimizing the adverse impact to businesses. >> look, the -- >> the job loss here is a little peculiar because what you probably have is job migration. isn't it more likely that -- to move the business over to glendale so the personal doesn't actually lose their job?

Plus-one , Things , Jobs , Council , Process , Impacts , Reports , Chairman , Edges , One , Employers , Approach

Detailed text transcripts for TV channel - FOXNEWS - 20150520:13:38:00

precipitously in the first place, but having said that. having more special operations on the ground and not taking the options on the table. his authorization -- his council said he's asking for less authority than what he currently has. martha: they are saying if congress doesn't sign that authorization of military force we can't go forward and saying the ball is in your court. >> the want we want to -- the ball we want to go forward is to defeat and destroy isis. martha: you are talking about more training for iraqi soldiers. they have disappointed this effort over and over and over again. do you think more training of

Ground , Place , Special-operations , Options , Precipitously , Table , Martha , Authorization , Authority , Council , Ball , Congress-doesn-t

Detailed text transcripts for TV channel - MSNBC - 20150520:22:32:00

council of loraza and erica amdiola, activist and dreamer. thank you both for being here. >> thank you. >> thank you for having us. >> first, clarissa your reaction to the clinton campaign on bringing in lorella praeli. >> well, i think this is a big get for the clinton campaign. frankly, because lorella is an inspirational and courageous leader in the latino community. if the clinton campaign manages to absorb the community, energy and passion that lorella brings i think they'll do quite well. >> eric car you're a dreamer, and you got a temporary protection from deportation under obama's executive action. >> that's right. >> what kind of statement is the clinton campaign making with this hire? >> i think for me you know i am really -- i'm really excited to see someone like lorella, i

Hillary-clinton , Us- , Campaign , Reaction , Dreamer , Clarissa-martinez , Council , First , Loraza , Activist , Erica-amdiola , Lorella-praeli

High Profits-20150518-05:24:00

headache or the stress that the store locations have caused us, why not just opt for that? hopefully alley has been paying our taxes. >> caitlin is an extremely extremely intelligent person and i respect her a lot. emotions are hard. she's 25 years old running a million-dollar company. and an outrageous amount of stress that's on her. >> i guess everything with the company is just -- is bigger. it's the good and the bad. of course, the council thing isn't easy to deal with. that has been like the most stressful event ever. you know, just feels so personal. i keep on trying to tell myself that it's not personal but it kind of is. it's our livelihood. i just don't know sometimes if all of the work that we've done so far is going to be worth it or not.

Lot , Caitlin-down , Stress , Store , United-states , Person , Locations , Headache , Taxes , Hopefully-alley , Everything , Company

High Profits-20150518-02:04:00

portion basically like a second chance to prove that i can be a professional and i'll finally be able to claim ownership around here. >> this was, i mean, the last four months of my life, and, i mean, for what? this is what's left. a bunch of stems. that was a lot of our winter crop so i don't know what we're going to do with ski season right around the corner. >> we just threw away all our weed, and christmas is right around the corner, and it takes a while to grow plants, 100 days minimum. >> and now the council is talking about letting voters decide if we stay on main street. >> see, i like to drive by. i love to drive by and see like is that store hurting anyone? like is it bothering anyone? >> camera one would like to call

Chance , Ownership , Professional , Portion , Left , My-life , Four , Lot , Corner , Bunch , Ski-season , Stems