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Detailed text transcripts for TV channel - FOXNEWS - 20130803:20:35:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130803:20:35:00

To flip a hamburger is lot different than a guy who is a computer programmer. he can't be expecting to make the same kind of wages. suddenly we have a perfect example what was driven in overseas. garment business is gone now. it all went overseas because wages got out of hand. further going to do that, that is going to happen, if you don't like it and don't think about it. you don't know what you are talking about. with all due respect to you, it strikes more examples where this is happened. you can side on the other side. >> eric: let me bring katy in this. wayne makes a good point. there is ...

Detailed text transcripts for TV channel - FOXNEWS - 20130803:20:36:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130803:20:36:00

Cheaper overseas due to things like this with low skilled positions. let's talk about youth unemployment. minimum wage jobs, mcdonald's entry level positions are necessary for high school and college students to kind of get their way through school and get their foot into a work force. you started raising that costs and making them more expensive, employers are just going to stop hiring them. we have seen 17% youth unemployment rate we've seen it go up. >> eric: in your city alone they are trying to get a walmart they wanted to increase wage requirement. there is 34% unemployment rate in washi...

Detailed text transcripts for TV channel - FOXNEWS - 20130803:20:31:00 - Vimarsana News

Detailed text transcripts for TV channel - FOXNEWS - 20130803:20:31:00

To put his legal bills and reason may make you feel harassed. "cashin' in" starts right now. >> eric: i'm eric boling. we have a crew this week. wayne rogers, jonathan hoenig and juan williams and katie. more fast food workers hitting the streets demanding a hundred percent pay hike. they want wages pushed up to $15 an hour. jonathan, let's talk about this. give us a lesson in capitalism. free market, wages or the government does? >> all these unions are going to do is increase the number of low skilled jobs people. wages are not arbitrary. they are not based on passion or feeling, they are ba...