Spa Way News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The people are defining it. moving back to the policy element. here is the reason why something like the earning of the tax credit would be desirable. the $15 one that has been pushed. you can't have a $15 minimum wage and the industry that we have now. you can't. there is an automatic burger machine. >> we made that argument already. >> it permits us to boost wages but in a way that doesn't affect opportunities to be able to move on. >> you are talking about with the earned income tax credit is a one time check. and the actual experience of being broke, if you have actually experienced it. by...

Contractors with the federal government. there is a federal minimum wage that applies to private employers and states can run. and they are not covered under the executive order. so all of those dynamics can still be in play. >> very quickly. >> i think it would be important for the president to show that he can deliver on something. on my dime, on my watch nobody is going to bed hungry when we're working. >> let's talk about that. he said no one working full time should have to live in poverty. what we have seen is that the minimum wage is not an effective way to reduce poverty and that has b...

Stage about sex. >> speaking of girls empowerment. i definitely agree with it. if you look at the other end of the spectrum beyonce the way that she dropped her album in terms of doing it her own way. not letting the labels or radio choose. the sort of really the way she bogarted the whole industry what has she done? >> she went into walmart okay i have to admit, i think beyonce is ferocious. >> she walks on water for us. >> but she walks into the walmart because right after target has said they are not going to pick up her cd because she released it on itunes, they have decided that they are ...

Question. there is the impeerical evidence, i'm wondering what is the argument that lower wages help business. >> the only way is to ignore the other side of the equation. then that sort of works itself out. if you are talking about the kind of businesses that employ a restaurant or grocery store. they are spending a third of income on labor costs. they have to find a way to provide the same product or cost. that is what the literature is showing. there were 28 states that raised the minimum wage.

We have 20 plus percent unemployment and a crisis among people who are less experienced and we see that these jobs are disappearing in response to higher labor costs. >> it is. >> do you think it is a problem that we are returning to income dispari disparity? it looked like the gilded age again. does that seem like a problem? because you don't have consumers. >> i think the question is if we can agree for the one in six minimum wage easterners we want to find a way to boost their income. my submission to you is that the minimum wage isn't it. it is not going to reduce poverty. we can do a 100%...