Detailed text transcripts for TV channel - FOXNEWS - 20140603:13:25:00
Work? stuart varney is with us. good morning to you. they are happy because they say people on the bottom of the wage pool will be higher. >> reporter: this is a quantum leap. we are now trying to legislate wage overall, not just legislate a minimum wage. we are trying to raise wages overall in the city of seattle and probably elsewhere. that's a quantum leap. it's a ream sea change. what happens when this is actually gradually phased in? it will take 7 years to phase it in. what happens if you walk into the restaurant and you know the waiter earns $15 an hour plus benefits? are you going to t...
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