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Detailed text transcripts for TV channel - MSNBC - 20140707:10:07:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140707:10:07:00

Imperative for these companies. they are playing for their shareholders. i'm not saying in a negative way. that's the business they are in. the answer to your question is the free market is not going to allow -- actually, nor should it allow for frankly companies to say it is our job to live for -- it is company's jobs to make profits for their shareholders. that is a harsh reality of capitalism and so it's got to come from other places and that is just, guys, it is what it is. and am what it am. >> most people would say the american dream is achieving the financial independence and mika's poi...

Detailed text transcripts for TV channel - MSNBC - 20140707:10:03:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140707:10:03:00

So let's get to the news here. a couple of different issues. >> one quick thing here. i didn't see too many of you at the parade in suwannee, tennessee, this last week. >> i'm sorry. was that fun? >> of course, it was. miss franklin county. donny, i thought you would be there. >> i tried to get down there. >> the runway is not long enough for the jet? >> sounds like miss crabtree would fit right? >> we need to find a picture of her. everybody's crush as a little boy. >> here is the question. do you make enough to achieve the american dream? analysis from "usa today" shows the average family ...

Detailed text transcripts for TV channel - MSNBC - 20140707:11:13:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140707:11:13:00

Stock market bubble? >> two things. companies that trade mostly in the u.s., fresh services companies, retail companies and people like that you can raise wages and have higher minimum wage. >> you can? it's not hard? you can't be driven by uncertainty and keep them down? >> you have higher wages. it gets more implicated is wages have to be competitive. we can do stuff like that. the real way to get wages up, in effect, what the fed is trying to engineer which is lower unemployment, puts more pressure on wages. employers need to higher people and if there are more people, they pay more so that...

Detailed text transcripts for TV channel - MSNBC - 20140707:10:21:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140707:10:21:00

That a lot of folks have worried about, that it's becoming uglier if that seemed possible, because of the immediacy, the number of people that mika was asking you why the secretary was having a hard time answering the question that david gregory was asking. well, the answer was the congressman who came on afterward and the answer is rick perry, because this is politically a very difficult issue, mostly on the republican right. i think that -- i think the president should probably address it more forthrightly. >> i think seeing the pictures of the children and see the human faces is something t...

Detailed text transcripts for TV channel - MSNBC - 20140707:11:12:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20140707:11:12:00

Track corporate processes since before the recession began in 2008. matches that up with wages. red line are corporate profits. the blue line are wages. you can see that corporate profits are up by 35% over this period, this ruffle five, six-year period almost. wages only up 5.3%. this is before inflation. the average worker has gotten an increase over six-year period of 5.3% and has to deal with inflation. >> here is my question. so many experts come to the table here, especially those who are against raising the minimum wage, but they tell me they can't increase wages and, donnie, you pointe...