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Is the crisis of long-term unemployment. and as jim says, we have to hit it on all fronts. job creation and work with ceos, but we have to give them support. >> the president also wants to raise the minimum wage. is that a fight he should win, jim? >> yes. again, it's a bit of a distraction. remember, walmart can pay the minimum wage no matter how high it goes. the smaller business guy, it actually is a factor. you don't want to be able to think, i can't start a business. but i don't want to get too caught in the weeds here. minimum wage, these jobless benefits, they do not do anything versus ...

In 1950. you can't tell me as a country that over 64 years, we can't have a higher minimum wage that allows more people to work with dignity. >> david, don't you find it interesting that the dogma post-clinton is pro-immigration at a time when we have a much larger supply of labor than we need, and pro free trade. even though we are supposed to be green gas oriented, we know where those jobs go. those jobs leave this country to countries that can pollute all they want. we need to defense against the countries that take our jobs and pollute all over. we don't care about that. what we care about...

14 of the last 17 times that emergency unemployment has been extended, there have been no strings attached. all five times that president bush extended unemployment benefits, there were no pay-fors. so look, why don't we do this. let's pass the heller-reed proposal tomorrow. that will help them for three months. that will help these 1.3 million families and then we have time to look at what to do to extend it the rest of the year. because if you don't extend it -- >> is it smart, jim cramer, to extend this? >> have to do it. not even an issue. my question is, how does it create highly trained ...

Unemployment. and as jim says, we have to hit it on all fronts. job creation and work with ceos, but we have to give them support. >> the president also wants to raise the minimum wage. is that a fight he should win, jim? >> yes. again, it's a bit of a distraction. remember, walmart can pay the minimum wage no matter how high it goes. the smaller business guy, it actually is a factor. you don't want to be able to think, i can't start a business. but i don't want to get too caught in the weeds here. minimum wage, these jobless benefits, they do not do anything versus getting people in the state...

And we do admit, that the worst legacy of this great recession is the crisis of long-term unemployment. and as jim says, we have to hit it on all fronts. job creation and work with ceos, but we have to give them support. >> the president also wants to raise the minimum wage. is that a fight he should win, jim? >> yes. again, it's a bit of a distraction. remember, walmart can pay the minimum wage no matter how high it goes. the smaller business guy, it actually is a factor. you don't want to be able to think, i can't start a business. but i don't want to get too caught in the weeds here. minimu...