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Else? >> well, we don't have any evidence of that. i mean corporations are already sitting on record amounts of cash, and if they wanted to reinvest it and if they wanted to pay people more money they would have done so. we are in an environment now where you can replace human labor with mechanical labor. as has been the case now for 100 years. but there is the ability to move your wage structure lower by innovating and using technology. so there's no real incentive, necessarily, for companies to pay higher wages. and the problem that's really misperceived, i think, at the bedrock level of thi...

Infrastructure done. health care reform done. repealing obamacare. and tax reform done. so far, he's come up empty. and those are facts that he's going to have to contend with politically. >> sad reality is there are people in that crowd last night who are desperate for better out of their wage structure, from the leaders and the president's been making it about him and his own personal battle.. will they get their interest served in we don't know. now, i don't know if this is a good thing or bad but hillary clinton reenters the fray. we have the excerpt of her book. the we're going to play ...

Celebrate 200 days in? >> i would say he has consumer confidence. i think if you look at the sort of culture that the president brings to washington, he's brought a culture of business. he's brought a laser focus on jobs. that laser focus, whether it's deregulation, whether the stock market hitting 30 new highs in the first six months, that focus has been jobs. i think that's something the president can hang his hat on and say the voters voted for a president who wanted to focus on jobs, and they certainly have that. >> the pushback, stephen, is the data is there. you can't ar with the numbers...

Employers across the united states, a national system to make sure that only people who are legally entitled to be hired are hired. he wants to make a change in the visa program to change the wage structure, but i think what we need to do is work -- which is not going to happen, but if he were president or someone who embraced his ideas, we need to work to expand the visa program, because last year the quotas ran out as of april 1st. there were no other visa as available for high-skilled workers for the rest of the year after april, and we need to have the brightest people in the world in this...

Then you will believe in raising the minimum wage to $15 on hour. and mcdonald's needs to lead the way on that. >> let me ask you this i know you came from the aficlo. the united mind workers was pushing for a measure -- in order to keep union workers at a two tier structure. what is wrong if the union sees the viability of a wage structure that pays new entrants coming in at a lower rate to protect union jobs in this case isn't that the argument these fast food employiers are making not to have one wage fit all? $15 wage at that? >> well we're talking about a minimum wage. mine workers are ma...