Detailed text transcripts for TV channel - FOXNEWS - 20130901:16:43:00
Double the salaries of the workers. the second big implication is the one you just mentioned, doug, which is the unemployment rate would go up. we know that by the way from past increases in the minimum wage. by the way, this would be a much, much bigger increase in the minimum wage than anything we have ever seen in this country. but the last time we had an increase in the minimum wage a few years ago we saw a big increase in the unemployment rate of the teenagers in america and also unskilled workers. oftentimes people are hurt most by the lowest skilled workers because you destroy their job...
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