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Detailed text transcripts for TV channel - FOXNEWS - 20150509:14:07:00

as you pointed out, gary it's a non non-part non-partison group, saying we can lose hundreds of jobs. >> getting back to jonas' point, and then your point, brenda is that we still have unabashed faith in government like they're the wizard of oz. if they could somehow, there was super smart people back there that could pull a lever here and push a rod there, they could come up with a magical, perfect minimum wage that wouldn't raise unemployment. yet, it would make people happy out there. i mean it just is a fallacy. we've seen this with economists at the fed that try to common the economy. we've seen it with people in the treasury department. we've seen it all over. brenda objective economists say that study after study says when you raise the minimum wage past what i think jonas or john said the market clearing price,

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