Detailed text transcripts for TV channel - FOXNEWS - 20150822:15:43:00
About that back in 1935 when the first minimum wage was instituted. it keeps low skill people from beginning to learn those skills to have them move up the ladder. government intervention hurts the people they're most trying to "help." >> swron than's point, half of the workers on the minimum wage are under the age much 25. two-thirds of them will move up within a year to a higher pay salary. the fact of the matter is, and we know from experience, and this is happening in other industries. once the labor cost goes up, the entrepreneur has no choice but to try to find a way to cut his costs, an...