CSPAN Newsmakers March 2, 2014
We are not just talking about teenagers getting new jobs, by the way. We estimate about 20 Million People get a raise in america. It is a progrowth bill. The economic benefits will increase the gdp. This is a progrowth bill. He asked about why i say 10. 10. We looked historically out what we had done in raising the minimum wage back to 1939. The average of all of the years is about a 41 increase. Some are higher and some are lower. The average 41 . Our rates would be 39 . It is keeping historically with what we have done. The last minimum wage increase that happened under the Bush Administrati...