>> SUPPORT FOR THIS PROGRAM IS

PROVIDED BY THE FOUNDATION FOR

EXCELLENCE IN LOUISIANA PUBLIC

BROADCASTING.

>> HELLO AND WELCOME TO

"LOUISIANA PUBLIC SQUARE."

I'M BETH COURTNEY, PRESIDENT OF

LOUISIANA PUBLIC BROADCASTING.

>> AND I'M SHAUNA SANFORD,

COHOST OF LOUISIANA, THE STATE

WE'RE IN.

IN 1938, UNITED STATES

ESTABLISHED A MINIMUM WAGE OF

25 CENTS PER HOUR UNDER THE

FAIR LABOR STANDARDS ACT.

OVER THE YEARS, IT HAS BEEN

RAISED MORE THAN 25 TIMES, MOST

RECENTLY IN 2009 TO ITS CURRENT

RATE OF $7.25.

45 STATES HAVE THEIR OWN

MINIMUM WAGE LAWS AND 21 OF

THEM PAY HIGHER THAN THE

FEDERAL RATE.

LOUISIANA IS ONE OF THE FIVE

STATES THAT DOES NOT HAVE ITS

OWN MINIMUM WAGE LAW.

>> BUT THAT COULD CHANGE THIS

SESSION.

14 BILLS HAVE BEEN FILED THAT

WOULD GIVE THE STATE AND EVEN

MUNICIPALITIES THE POWER TO SET

A MINIMUM WAGE.

ONE LAW STARTS THE RATE AT

$10.10 PER HOUR.

SO, SHOULD LOUISIANA DEVELOP

ITS OWN MINIMUM WAGE?

HOW HIGH SHOULD IT BE?

AND WOULD SUCH A MOVE HELP THE

STATE'S WORKING POOR OR

ULTIMATELY HURT THEM?

TONIGHT "LOUISIANA PUBLIC

SQUARE" LOOKS FOR ANSWERS ON

LOUISIANA AND THE MINIMUM WAGE.

>> AS PART OF HIS 2014 STATE OF

THE UNION ADDRESS, PRESIDENT

OBAMA CALLED ON CONGRESS TO

RAISE THE MINIMUM WAGE FROM ITS

CURRENT RATE OF $7.25 AN HOUR

TO OVER $10 AN HOUR.

IN THE INTERIM, OBAMA OFFERED A

CHALLENGE.

>> TO EVERY MAYOR, GOVERNOR,

STATE LEGISLATOR IN AMERICA, I

SAY YOU DON'T HAVE TO WAIT FOR

CONGRESS TO ACT.

AMERICANS WILL SUPPORT YOU IF

YOU TAKE THIS ON.

>> FIVE LOUISIANA LAWMAKERS

ACCEPTED THE CHALLENGE AND

PROPOSED A TOTAL OF 14 BILLS TO

ADDRESS THE MINIMUM WAGE.

AMONG THEM, REPRESENTATIVE

MARCUS HUNTER, A DEMOCRAT WHO

REPRESENTS MONROE.

>> WE HAVE CONTINUED AS A STATE

TO INCENTIVIZE CORPORATIONS,

BIG BUSINESSES, SMALL

BUSINESSES FOR DECADES.

AND IT IS TIME FOR THAT MONEY

TO TRICKLE DOWN TO SOME OF THE

EMPLOYEES.

>> HUNTER IS SPONSORING

LEGISLATION TO NOT ONLY CREATE

A STATE MINIMUM WAGE BUT ALLOW

MUNICIPALITIES THE FLEXIBILITY

TO SET THEIR OWN.

FACING PUSH-BACK FROM COMPANIES

IN HIS DISTRICT, HUNTER SENT

THEM A CLEAR MESSAGE.

>> I HAVE NO INTEREST IN

BANKRUPTING YOUR BUSINESS, BUT

I ALSO EQUALLY HAVE NO INTEREST

IN YOU FLEECING THE EVERYDAY

HARD-WORKING PERSON.

>> LOUISIANA IS ONE OF THE

THREE STATES WITH THE HIGHEST

PERCENTAGE OF HOURLY-PAID

WORKERS EARNING AT OR BELOW THE

FEDERAL MINIMUM WAGE.

A FULL-TIME MINIMUM WAGE

EMPLOYEE EARNS $15,080

ANNUALLY.

ACCORDING TO 2012 CENSUS DATA,

LOUISIANA IS THE THIRD POOREST

STATE IN THE COUNTRY.

>> WE THINK THE BEST

ANTIPOVERTY PROGRAM THAT YOU

COULD HAVE IS A LIVING WAGE FOR

PEOPLE.

>> MOLLER IS THE DIRECTOR OF

THE LOUISIANA BUDGET PROJECT.

HIS GROUP RECENTLY RELEASED A

REPORT SUPPORTING THE STATE

MINIMUM WAGE.

MOLLER FAVORS TYING THE MINIMUM

WAGE TO THE COST OF LIVING.

>> THE VALUE OF THE FEDERAL

MINIMUM WAGE HAS ERODED AS THE

COST OF LIVING HAS GONE UP.

SO IF THE FEDERAL MINIMUM WAGE

HAD KEPT UP WITH INFLATION FROM

1968, IT WOULD BE OVER $10

TODAY.

>> SUPPORTERS OF RAISING THE

MINIMUM WAGE SAY THAT AN

INCREASE NOT ONLY AFFECTS

WORKERS PRESENTLY MAKING THE

RATE BUT ALSO WORKERS WHO EARN

BETWEEN THE CURRENT AND

PROPOSED NEW ONE.

ACCORDING TO THE LOUISIANA

BUDGET PROJECT, AN INCREASE TO

$10.10 PER HOUR WOULD EITHER

DIRECTLY OR INDIRECTLY RAISE

THE LIVELIHOOD OF OVER 550,000

LOUISIANANS.

ALTHOUGH THE U.S. DEPARTMENT OF

LABOR INDICATES THAT 74,000

TOTAL WORKERS EARN AT OR BELOW

MINIMUM WAGE.

>> WHEN THE PRICE OF SOMETHING

GOES UP, PEOPLE BUY LESS.

PRICE OF APPLES GO UP, PEOPLE

BUY LESS APPLES --

>> ECONOMISTS LOREN SCOTT SAYS

A MINIMUM WAGE INCREASE PRICES

LOW SKILLED ENTRY LEVEL

WORKERS, ESPECIALLY THE YOUNG

OUT OF THE MARKETPLACE.

>> THERE IS A CERTAIN SET OF

PEOPLE OUT THERE, ESPECIALLY

YOUNG TEENAGERS THAT HAVE NO

LABOR MARKET SKILL AT ALL, WHO

AT BEST ARE WORTH $7.35 AN

HOUR.

THAT'S WHAT THEY'RE WORTH.

THAT IS WHAT THEY ADD TO THE

VALUE OF THE FIRM.

YOU FORCE A SITUATION WHERE YOU

HAVE TO PAY THAT PERSON $10 AN

HOUR, YOU'RE NOT GOING TO HIRE

THE PERSON.

>> A CONGRESSIONAL BUDGET

OFFICE ANALYSIS OF THE

PRESIDENT'S MINIMUM WAGE

INCREASE NOTED THAT WHILE IT

WOULD LIFT 900,000 WORKERS OUT

OF POVERTY, 500,000 JOBS WOULD

BE LOST.

FOR SMALL BUSINESS OWNER

PATRICIA FELDER, A MINIMUM WAGE

INCREASE MEANS SHE WILL BE

UNABLE TO TAKE ON NEW WORKERS.

>> IF I HAVE A CHOICE BETWEEN

ASKING MY EMPLOYEES IF THEY

WANT TO MAKE MORE ADDITIONAL

OVERTIME, OR TAKING ON THAT ONE

ADDITIONAL PERSON THAT I

PERHAPS WOULD HAVE HIRED, I'LL

CHOOSE NOT TO DO SO.

AS WILL MOST SMALL BUSINESSES.

>> ACCORDING TO THE SMALL

BUSINESS ADMINISTRATION,

BUSINESSES EMPLOYING FEWER THAN

500 WORKERS ACCOUNT FOR OVER

97% OF LOUISIANA'S EMPLOYERS.

DAWN STARNS THE STATE DIRECTOR

OF THE NATIONAL FEDERATION OF

INDEPENDENT BUSINESSES

CONDUCTED A SURVEY ON PROPOSED

MINIMUM WAGE LEGISLATION.

>> WE HAVE OVER 4,300 MEMBERS

STATEWIDE IN LOUISIANA.

WE HAD 90% OF OUR MEMBERS TELL

US THAT THIS WAS -- THAT THIS

WAS SOMETHING THAT WE HAD TO

WORK FOR THEM AND OPPOSE THIS

FOR THE SESSION.

>> STARNS SAYS SMALL BUSINESSES

FACE THREE CHOICES FROM THE

INCREASE.

LAY OFF EMPLOYEES, ADD INCREASE

ON TO THE CONSUMER --

>> SMALL BUSINESS OWNERS WE

REPRESENT THEY ARE NOT GOING TO

HAVE THE ABILITY TO PASS THAT

ALONG BECAUSE THAT MEANS

INCREASING THE COST OF GOODS AR

SERVICES AND --

>> HIGHER LABOR COSTS OFFSET BY

INCREASED CONSUMER SPENDING.

>> SOME SMALL BUSINESSES, SURE,

THEY'RE GOING TO PAY A LITTLE

MORE.

INCREASE THE COST OF DOING

BUSINESS.

BUT BUSINESSES WILL ALSO GET

MORE CUSTOMERS FROM THE HIGHER

WAGES AND THAT IS GOING TO

SUPPORT JOBS.

>> SCOTT SAYS INCREASED

CONSUMER PRICES WILL FURTHER

HURT THE POOR PLUS DRIVE

UNEMPLOYMENT HIGHER.

>> ONCE YOU RAISE THE PRICE OF

HAMBURGER 10%, GUESS WHAT,

PEOPLE BUY FEWER HAMBURGERS AND

PIZZA SO YOU NEED FEWER PEOPLE

AROUND TO PRODUCE THEM.

>> RATHER THAN INCREASING THE

MINIMUM WAGE, SCOTT SUPPORTS

BROADENING THE FEDERAL EARNED

INCOME TAX CREDIT THAT LOW TO

MODERATE INCOME WORKERS RECEIVE

WHEN FILING THEIR INCOME TAX

RETURNS.

>> IF YOU THINK THAT PEOPLE --

THAT YOU WANT TO HELP PEOPLE

WHO ARE POOR, GET THEM MONEY,

AND THAT'S THE WHOLE POINT OF

THE EARNED INCOME TAX CREDIT

WAS TO HAVE A WAY OF TAKING

MONEY AWAY FROM, IF YOU LIKE,

MY WIFE AND I, AND GIVING IT TO

PEOPLE WHO ARE NOT DOING NEARLY

AS WELL AS MY WIFE AND I ARE.

>> AS THE MINIMUM WAGE DEBATE

HEATS UP THIS SESSION,

REPRESENTATIVE HUNTER WILL JOIN

FOUR OF THE DEMOCRATIC

COLLEAGUES FOR PUSHING IN WHAT

THEY SEE AS THE BEST

ALTERNATIVE FOR THE LOW INCOME

CONSTITUENTS.

>> WE HAVE GONE TO GREAT

LENGTHS TO PROTECT

CORPORATIONS, BIG BUSINESS,

EMPLOYERS.

I THINK IT IS TIME TO GET TO

THE NITTY-GRITTY AND TRY TO

PROTECT THE EVERY-DAY WORKER.

THE PEOPLE WHO WORK HARD, THE

PEOPLE WHO SENT US HERE, THE

PEOPLE WHO STAND TOGETHER FOR

LOUISIANA.

>> STANDING TOGETHER FOR

LOUISIANA AND OUR STUDIO

AUDIENCE ARE RESIDENTS FROM THE

GREATER BATON ROUGE AREA.

MEMBERS OF THE YOUNG DEMOCRATS

OF LOUISIANA, THE YOUNG

AMERICANS FOR LIBERTY, AND THE

LEGISLATIVE YOUTH ADVISORY

COUNCIL.

ALSO JOINING US ARE BUSINESS

OWNERS AND A REPRESENTATIVE OF

THE WORKPLACE JUSTICE PROJECT.

WELCOME ALL OF YOU TO THE SHOW.

LOOKING FORWARD TO A GREAT

DISCUSSION.

LSU PUBLIC POLICY RESEARCH LAB

SURVEYED NEARLY 150 CITIZENS ON

THE TOPIC TONIGHT.

AND HERE IS A LOOK AT SOME OF

THEIR RESPONSES.

WHEN ASKED IF THEY WOULD

SUPPORT LOUISIANA HAVING ITS

OWN STATEWIDE MINIMUM WAGE LAW,

56% SAID YES.

30% WOULD OPPOSE SUCH A MOVE,

AND 12% WERE UNSURE.

AS FAR AS RAISING THE FEDERAL

MINIMUM WAGE FROM $7.25 TO

$10.10 PER HOUR, 54% SUPPORT

THE INCREASE.

43% OPPOSE IT, AND 3% WERE NOT

SURE.

BUT WHEN GIVEN THE FINDINGS OF

THE CONGRESSIONAL BUDGET OFFICE

THAT SUCH AN INCREASE COULD

RESULT IN THE LOSS OF ROUGHLY

500,000 JOBS, SUPPORT FOR A

FEDERAL MINIMUM WAGE INCREASE

DROPS, WITH 56% OF THOSE

OPPOSING SUCH A MOVE.

39% SUPPORTING THE INCREASE.

AND 5% UNSURE.

AND WHEN GIVEN THE CHOICE OF

EITHER EXPANDING THE EARNED

INCOME TAX CREDIT AS A WAY TO

HELP THE WORKING POOR OR

RAISING THE MINIMUM WAGE, 46%

WOULD OPT TO INCREASE THE

MINIMUM WAGE.

38% WOULD EXPAND THE TAX

CREDIT.

AND 10% WOULDN'T DO EITHER ONE.

THE REMAINING 6% WERE EITHER

UNSURE OR REFUSED TO ANSWER.

SO, TONIGHT TO GET THIS

DISCUSSION GOING, LET'S START

THERE.

YOUR THOUGHTS ON WHETHER THE

MINIMUM WAGE, RAISING THE

MINIMUM WAGE WOULD HELP THE

WORKING POOR OR DO YOU THINK

THAT IT WOULD HURT MORE THAN IT

WOULD ACTUALLY HELP THEM?

AND LET'S START WITH YOU.

>> I THINK INCREASING THE

MINIMUM WAGE WOULD ACTUALLY

HURT THE WORKING POOR.

INCREASE OF EMPLOYMENT --

STIRRED BY THE INCREASE IN

MINIMUM WAGE WOULD JUST CAUSE

MORE POVERTY --

>> YOU ARE FOR NOT RAISING THE

MINIMUM WAGE.

>> YES.

>> TIFFANY, DIFFERENT

PERSPECTIVE OR DO YOU SHARE THE

SAME THOUGHTS?

>> I THINK IT REALLY IS A

PERSONAL SITUATION, AND IN SOME

INSTANCES IT WILL HELP.

BUT WE'RE TALKING ABOUT

UNIVERSALLY, AND SO AT THE SAME

TIME, I DO SEE WHERE THERE WILL

BE AN IMPACT.

SO, IT'S -- FOR ME IT'S

BORDERLINE.

AND I THINK IT REALLY BOILS

DOWN TO THAT INDIVIDUAL

HOUSEHOLD.

>> LEWIS.

>> I BELIEVE IT WOULD HURT THE

POOR AND THE WORKER IN

LOUISIANA OVERALL.

>> OKAY.

TIMOTHY.

>> WELL, I THINK IT WOULD BE --

IT NEEDS TO BE RAISED, AND I

THINK THAT IT IS -- IT IS

ASHAME THAT IF A PERSON WORKS

40 HOURS A WEEK AND THEY GET A

CHECK THAT IS THAT LITTLE TO

SUPPORT A FAMILY.

I THINK NOBODY SHOULD BE

WORKING 40 HOURS AND LIVING IN

POVERTY.

BUT I DO THINK THAT THERE NEEDS

TO BE A TRANSITIONAL PERIOD OF

WHEN YOU RAISE THE MINIMUM WAGE

AND DO IT AT A RATE WHERE

BUSINESSES CAN FEEL COMFORTABLE

DURING THE TRANSITIONAL PERIOD.

>> MAYBE PHASE IT IN INSTEAD OF

ALL AT ONCE?

>> CORRECT.

>> WE HAVE BUSINESS OWNERS HERE

IN THE AUDIENCE.

GARRETT, DO YOU THINK THAT IT

WILL HURT THEM MORE THAN HELP

THEM OR DO YOU THINK THAT

RAISING THE MINIMUM WAGE WILL

HELP THOSE LOW EARNING

EMPLOYEES?

>> ECHOING HIS -- I DO BELIEVE

IT SHOULD BE PHASED IN OVER

TIME.

I BELIEVE THE MINIMUM WAGE IS

MORE OF A BAND-AID ON THE

PROBLEM.

I THINK WE SHOULD FOCUS MORE ON

SKILLED FORMATION AND

ADVANCEMENT IN THE WORKPLACE.

I THINK THAT IS THE WAY TO

REALLY ADDRESS THE PROBLEM AND

I BELIEVE THAT IF WORKERS ARE

TO BE CUT BY THE EMPLOYERS,

THOSE THAT ARE IMPOVERISHED

EARNING MINIMUM WAGE ARE THE

FIRST TO BE CUT DUE TO

UNRELIABLE TRANSPORTATION

AND --

>> LET'S HEAR FROM SOME OF THE

BUSINESS OWNERS.

SCOTT YOU OWN A SMALL BUSINESS.

TELL US ABOUT THAT AND WHERE

YOU STAND ON THE ISSUE.

>> WELL, WE OPPOSE BEING FORCED

TO PAY A SPECIFIC AMOUNT.

IT SHOULD BE UP TO THE

BUSINESSES THEMSELVES.

WE'RE A SPECIALTY COMPANY,

SPORTING GOODS STORE.

YOU HAVE TO BE UNIQUE ON THE

PERSONNEL THAT YOU'RE HIRING,

IN THAT THAT PERSON AT LEAST

HAS TO HAVE KNOWLEDGE OF THE

PRODUCTS THAT YOU'RE SELLING.

WE ACTUALLY PAY ABOVE A

STARTING MINIMUM WAGE, BUT

FORCING ME TO PAY A CERTAIN

AMOUNT DOESN'T GIVE ME THAT

LEEWAY.

PLUS WHEN I LOOK AT THE STAFF

THAT I ACTUALLY HAVE, WHAT DO I

HAVE TO DO TO THEM TO GET THEM

THEIR SENIORITY THAT THEY

CURRENTLY HAVE AS WELL?

IT DOMINO EFFECTS DOWN THE

LINE.

>> YOU ARE CURRENTLY PAYING

BEFORE $7.25.

>> YES, MA'AM.

>> WHAT ABOUT THE IDEA OF

PHASING THAT INCREASE OVER A

PERIOD OF TIME.

HOW DO SMALL BUSINESSES FEEL

LIKE THAT?

IT SOUNDS LIKE YOU'RE NOT

AGAINST RAISING THE MINIMUM

WAGE --

>> I'M NOT AGAINST BEING TOLD

WHAT I HAVE TO PAY SOMEONE.

I'M AGAINST BEING TOLD --

EXCUSE ME.

>> YOU ARE AGAINST BEING TOLD

WHAT YOU HAVE TO PAY.

NOT NECESSARILY AGAINST RAISING

IT.

>> CORRECT.

SETTING A LIMIT FOR US, FOR A

SMALL BUSINESS ITSELF, GIVE US

THE LEEWAY OF GOING ABLE TO

STAIR STEP PEOPLE UP THE

LADDER.

WE DO THAT NOW.

MOST BUSINESSES DO THAT NOW

BASED ON SENIORITY AS WELL.

IF YOU EARN YOUR JOB, THEN YOU

WILL GET PAID ACCORDINGLY.

BUT BEING, SETTING A SET LIMIT

AT SUCH UNSKILLED LABOR AT THIS

TIME IS ONLY GOING TO RELATE TO

INCREASED PRICES SOMEWHERE

ELSE, OR THE FACT THAT WE WON'T

HIRE SOMEONE.

>> JOHN, YOU ARE A BUSINESS

OWNER AS WELL.

YOUR PERSPECTIVE.

>> I HAVE AN I.T. COMPANY, AND

SO PEOPLE MIGHT THINK I DON'T

HAVE A DOG IN THIS HUNT.

BUT I DO.

BECAUSE WE HAVE AN INTERNSHIP

PROGRAM.

AND THOSE INTERNS, WE PAY $8 OR

$9 AN HOUR, BUT THEN WE INVEST

REALLY HEAVILY IN THEM IN

MENTOR SHIP FROM THE OTHER I.T.

PROFESSIONALS AND ALSO TRAINING

RESOURCES.

SO, FROM A BUSINESS OWNER'S

PERSPECTIVE, ANY TIME YOU ADD

SIGNIFICANT OVERHEAD TO

SOMETHING, YOU HAVE TO LOOK AT

WHERE ARE WE GOING TO MAKE THAT

UP?

FOR US CURTAILING THE NUMBER OF

INTERNS THAT WE CAN HIRE IN A

YEAR.

IT'S UNFORTUNATE.

IT REDUCES THE OPPORTUNITIES

FOR PEOPLE WHO HAVE VERY LITTLE

EXPERIENCE, VERY LITTLE

EDUCATION, TO GET AN ENTRY INTO

A HIGH-PAYING, GREAT

PROFESSIONAL CAREER.

>> SO, FOR YOU, RAISING THE

MINIMUM WAGE WOULD DEFINITELY

HURT BECAUSE THEY WOULDN'T HAVE

ACCESS TO THOSE OPPORTUNITIES.

THAT'S HOW YOU SEE IT?

>> WELL, IT WOULD HURT US, BUT

I THINK IT WOULD EQUALLY HURT

THE PEOPLE WHO ARE TRYING TO

JUST GET A LEG UP.

SOMETHING BETTER THAN A MINIMUM

WAGE JOB.

>> WELL, LET'S TALK TO

CHRISTIAN, WHO IS A YOUNG

STUDENT HERE WITH US.

VERY HAPPY TO HAVE YOU HERE

WITH US TONIGHT.

WE'RE TALKING ABOUT YOUNGSTERS

EARNING MINIMUM WAGE OR IN

MINIMUM WAGE JOBS.

HOW DO YOU FEEL ABOUT THIS?

>> I DO FEEL LIKE MINIMUM WAGE

SHOULD BE INCREASED TO REALLY

GIVE PEOPLE EARNING THE MINIMUM

WAGE AN ABILITY TO KEEP UP WITH

THE COST OF LIVING.

I THINK THAT THE MINIMUM WAGE

SHOULD BE A LIVABLE WAGE.

YOU KNOW, THERE ARE SOME --

THERE ARE SOME TIMES LIKE HE

WAS SAYING WHERE, YOU KNOW,

INCREASING THE MINIMUM WAGE

MIGHT HURT PEOPLE TRYING TO

GAIN AN INTERN EXPERIENCE OR

SOMETHING LIKE THAT.

LIKE SHE WAS SAYING, IT'S

DIFFERENT FOR DIFFERENT

SITUATIONS.

BUT I THINK AS A WHOLE, THERE

ARE A LOT OF PEOPLE TRYING TO

MAKE A LIVING AT THE MINIMUM

WAGE, AND I THINK WE DO NEED TO

RECOGNIZE THAT AND SAY, YOU

KNOW, SOMEONE WORKING 40 HOURS

A WEEK, SOMEONE DOING WHAT THEY

NEED TO BE DOING, WORKING A

FULL-TIME JOB SHOULD BE ABLE TO

HAVE A WAGE THAT THEY CAN LIVE

OFF OF COMFORTABLY AND WITHOUT

HAVING TO LIVE PAYCHECK TO

PAYCHECK, WITHOUT HAVING TO

WORRY ABOUT AM I GOING TO BE

ABLE TO EAT NEXT WEEK?

THEY SHOULD BE ABLE TO HAVE

THAT COMFORT AS A FULL-TIME

WORKER.

>> YOU SEE THAT BY RAISING THE

MINIMUM WAGE, IT WOULD HELP THE

LOW-INCOME EARNERS.

>> I DO.

OBVIOUSLY THERE WILL BE SOME

PEOPLE WHO WILL BE NEGATIVELY

AFFECTED BY THE MINIMUM WAGE.

THAT IS DEFINITELY TRUE.

BUT I THINK AS A WHOLE, IT WILL

BENEFIT MORE PEOPLE THAN IT

WILL HURT.

>> DR. THOMAS, YOUR THOUGHTS.

>> I FEEL THE SAME WAY, TOO.

IT WILL HELP SOME, AND OTHERS

IT WILL HINDER, BUT OVERALL,

EVERYTHING IS CHANGING.

AND THE BASIC NECESSITY, THE

STEADY INCREASING, THE COST OF

LIVING, EVERYDAY LIVING, AND IT

IS VERY DIFFICULT TO LIVE ON

THE MINIMUM WAGE.

>> UH-HMM.

MATTHEW, YOUR THOUGHTS.

>> I DISAGREE WITH THEM.

I THINK IT IS AN IMMORALE TRADE

OFFTO GIVE ONE GROUP AN

INCREASE IN THE WAGE AND GIVE

THE OTHER GROUP PINK SLIPS.

I WOULD BE NOT IN FAVOR OF

RAISING THE MINIMUM WAGE

BECAUSE IT -- IT -- IT MAKES IT

MORE EXPENSIVE TO GIVE YOUNG

PEOPLE OPPORTUNITIES, LIKE JOHN

SAID, AND ALSO THAT'S THE MAIN

POINT.

>> YEAH, YEAH.

YOU SAID YOU THINK IT WOULD BE

IMMORAL IS THAT RIGHT?

>> IT IS IMMORAL TO PASS A BILL

THAT HELPS ONE GROUP, BUT THEN

JUST COMPLETELY BRINGS ONE

GROUP FROM $7.25 PER HOUR OR A

LITTLE ABOVE, DOWN TO ZERO

DOLLARS AN HOUR.

>> ERICA, I WOULD LIKE FOR YOU

TO JUMP IN ON THIS.

I HAVE A FEELING THAT YOU

DISAGREE WITH THAT.

>> I DO DISAGREE.

I SUPPORT AN INCREASE IN THE

MINIMUM WAGE.

I DON'T WANT TO REITERATE WHAT

I THINK SO MANY PEOPLE HAVE

SAID ELOQUENTLY HERE.

SOME OF THE POINTS BROUGHT OUT

IN THE PRESENTATION.

THE MINIMUM WAGE IN PARTICULAR

HAS BEEN KEPT ARTIFICIALLY LOW

BECAUSE MINIMUM WAGE WAS NEVER

INDEXED TO INFLATION.

AS MR. MULLER SAID IN THE

PRESENTATION, IF THE MINIMUM

WAGE HAD KEPT PACE WITH

INFLATION BY BEING INDEXED, FOR

EXAMPLE, CONSUMER PRICE INDEX,

IT WOULD BE OVER $10 AN HOUR

NOW AND SMALL BUSINESSES WOULD

HAVE HAD, ALL BUSINESSES, BUT

PARTICULARLY SMALL BUSINESSES

WOULD HAVE HAD THAT KNOWLEDGE

ANNUALLY THAT THEY WERE GOING

TO HAVE TO INCREASE WAGES EVERY

YEAR.

I THINK THESE PERIODIC JUMPS

THAT HAD TO BE LEGISLATED GIVE

BUSINESSES A SHOCK.

I ALSO THINK THAT, YOU KNOW, AS

OTHER PEOPLE HAVE SAID HERE,

PEOPLE WHO ARE WORKING FOR A

LIVING SHOULD NOT ALSO HAVE TO

WORK TWO AND THREE JOBS JUST TO

MAKE IT AND SHOULD NOT NEED TO

RELY ON PUBLIC ASSISTANCE TO

MAKE IT THROUGH THE WEEK.

>> VERY, VERY INTERESTING POINT

HERE.

MICHAEL, BEFORE WE GO TO BREAK,

I WOULD LIKE TO GET YOUR

THOUGHTS.

IT WAS INTERESTING THAT MATTHEW

LOOKED AT IT IN TERMS OF

WHETHER IT IS MORAL OR IMMORAL

AND HE FALLS ON THE SIDE OF

ITTING -- IT BEING AN IMMORAL

THING TO DO.

>> I GUESS AT THIS POINT, A

MORAL LOOK, I LOOK AT IT AS

PERHAPS A POLITICAL LOOK.

IN REGARDS TO WHY THE

MARKETPLACE SHOULD NOT TAKE

CONTROL OF WHAT THE WAGES THEY

PAY ARE AND WHY IT NEEDS TO BE

LEGISLATED AS ERICA BELIEVES,

IS THERE IS A SET PRICE OR

BOTTOM-LINE PRICE, IF YOU

WILL --

>> YOU ARE AGAINST RAISING --

>> I AM.

I AM.

PREDOMINANTLY FOR THE REASONS

OF ECONOMICS AND WHEN FOLKS

LIKE DR. SCOTT AND OTHER

ECONOMISTS COME OUT AND SAY

IT'S A BAD IDEA, THEY'RE

SMARTER THAN I AM.

>> OKAY.

WE'RE GOING TO LEAVE IT RIGHT

THERE FOR RIGHT NOW.

THAT'S ALL OF THE TIME WE HAVE

FOR THIS PORTION OF OUR SHOW.

WHEN WE RETURN, WE WILL BE

JOINED BY A PANEL OF EXPERTS TO

FURTHER EXPLORE LOUISIANA AND

THE MINIMUM WAGE.

STAY WITH US.

WE'LL BE RIGHT BACK.

>>> WELCOME BACK TO

"LOUISIANA PUBLIC SQUARE."

TONIGHT WE'RE DISCUSSING

LOUISIANA AND THE MINIMUM WAGE.

JOINING US NOW IS OUR PANEL

OF EXPERTS.

STATE REPRESENTATIVE HERBERT

DIXON HAS BEEN SERVING

DISTRICT 26, WHICH INCLUDES

ALEXANDRIA AND PINEVILLE,

SINCE 2007.

HE CURRENTLY CHAIRS THE

LABOR AND INDUSTRIAL

RELATIONS COMMITTEE AND IS

INTRODUCING LEGISLATION TO

ESTABLISH A STATE MINIMUM

WAGE.

DR. ROBERT HEBERT IS AN

ECONOMIST AND EMERITUS

PROFESSOR OF ENTREPRENEURIAL

STUDIES AT AUBURN.

A LOUISIANA NATIVE,

AND THE UNIVERSITY OF

LOUISIANA AT LAFAYETTE.

HE IS A FULBRIGHT SENIOR

RESEARCH SCHOLAR.

DAVID GRAY IS A POLICY

ANALYST FOR THE LOUISIANA

BUDGET PROJECT, AN INDEPENDENT

NONPROFIT THAT STUDIES HOW

FISCAL ISSUES IMPACT

LOUISIANA'S LOW AND MODERATE

INCOME FAMILIES.

HIS MOST RECENT REPORT

"LOUISIANA NEEDS A HIGHER

WAGE" EXPLORES THE BENEFITS

OF ESTABLISHING A MINIMUM

WAGE IN LOUISIANA.

JIM PATTERSON IS THE VICE

PRESIDENT OF GOVERNMENTAL

RELATIONS FOR THE LOUISIANA

ASSOCIATION OF BUSINESS AND

INDUSTRY, OR LABI.

SO BEFORE WE GO TO OUR

AUDIENCE, I'M GOING TO FIRST OF

ALL THANK ALL OF YOU FOR BEING

HERE WITH US TONIGHT.

A GREAT TOPIC, A GREAT

AUDIENCE.

I KNOW WE'RE GOING TO HAVE A

GREAT DISCUSSION.

BEFORE WE GET TO THE AUDIENCE

QUESTIONS, LET'S START WITH YOU

ALL BRIEFLY EXPLAINING WHERE

YOU ARE ON THIS ISSUE.

REPRESENTATIVE DIXON, LET'S

START WITH YOU.

YOU ARE ACTUALLY PROPOSING

LEGISLATION DURING THIS SESSION

THAT ADDRESSES THE MINIMUM WAGE

ISSUE.

>> YES, I THINK THE AUDIENCE

KNOW RIGHT OFF I'M FOR A

MINIMUM WAGE.

WHAT I TRY TO DO IS PHASE IN

THE INCREASE.

I THINK SOME OF THE AUDIENCE

MEMBERS MENTIONED THE PHASE-IN

MAY BE A BETTER WAY FOR

BUSINESSES TO COPE WITH THE

INCREASE OF THE MINIMUM WAGE.

MY BILL IS GOING TO BE

INTRODUCED THIS SESSION.

AND IT GOES FROM $7.25, TO

$8.25, NOT THIS YEAR BUT NEXT

YEAR, AND THEN A DOLLAR ADDED

ON TOP OF THAT, 75 CENTS ADDED

ON TOP OF THAT A YEAR LATER TO

GET IT TO $9.

AND THEN THE CONSUMER PRICE

INDEX THEN WILL SET THE MINIMUM

WAGE FROM THAT PERIOD ON.

STARTING IN 2017.

>> DR. HEBERT.

>> WELL, SHAUNA, YOU MENTIONED

IN THE INTRODUCTORY REMARKS

THAT THERE IS A HISTORY OF

MINIMUM WAGE LEGISLATION.

WE HAD OUR FIRST MINIMUM WAGE

SET IN 1938.

AND IT HAS BEEN, AS YOU SAID,

INCREASED 25 TIMES SINCE THEN.

SO, WE HAVE A HISTORY.

IT SEEMS TO ME WE OUGHT TO USE

THIS HISTORY, TRY TO USE THIS

HISTORY IN ORDER TO GAUGE

WHETHER OR NOT OVER THE 25

TIMES THAT THE MINIMUM WAGE HAS

INCREASED HOW EFFECTIVE HAS IT

BEEN IN ALLEVIATING POVERTY.

THE STUDIES THAT I'VE SEEN,

UNFORTUNATELY, JUST DON'T BEAR

OUT THE EXPECTATIONS THAT

PEOPLE HAD FOR PROPOSING A

MINIMUM WAGE.

EACH AND EVERYONE OF THE 25

TIMES IT CAME UP FOR

CONSIDERATION.

WHY IS THAT?

I THINK THERE ARE THREE MAIN

REASONS.

FIRST YOU HAVE WHAT WE CALL,

WHAT ECONOMISTS CALL TARGET

INEFFICIENCY.

THE BENEFITS SIMPLY DON'T GET

TO THE PEOPLE THEY'RE INTENDED

TO GO TO.

LESS THAN 12%, ACCORDING TO THE

BACKGROUND INFORMATION, LESS

THAN 12% OF MINIMUM WAGE

WORKERS ACTUALLY LIVE IN POOR

HOUSEHOLDS.

AND CLOSE TO HALF OF MINIMUM

WAGE WORKERS LIVE IN A

HOUSEHOLD THAT HAVE THREE TIMES

THE LEVEL, SO-CALLED POVERTY

LEVEL.

THAT'S BECAUSE IN MANY

HOUSEHOLDS, YOU HAVE SECOND AND

THIRD WAGE EARNERS.

THESE WAGE EARNERS ARE

INVARIABLY YOUNG.

IN FACT, ONLY 3% OF MINIMUM

WAGE EARNERS ARE ABOVE 25 YEARS

OLD.

SECOND CONSIDERATION THAT I

THINK WE SHOULD RECOGNIZE --

>> DR. HEBERT, I WILL LET YOU

MAKE THAT POINT.

BUT IF WE COULD HAVE THE OTHERS

TO BRIEFLY GIVE THEIR POINT, WE

WILL COME BACK TO YOU.

THANK YOU.

DO YOU TAKE ISSUE WITH WHAT DR.

HEBERT HAS SAID?

>> I THINK DR. HEBERT'S

COMMENTS ARE MADE FROM ECONOMIC

STUDIES AND THEORIES ARE GOOD.

IF YOU LOOK AT THE REALITY IN

STATES AND CITIES THAT HAVE

RAISED THE MINIMUM WAGE,

PUTTING MORE MONEY IN THE

RESIDENTS' POCKET, THEY HAVE

SPENT THE MONEY IN THE LOCAL

ECONOMIES, SUPPORTED SMALL

BUSINESSES AND HAVE ALLOWED

THOSE CITIES AND THOSE STATES

TO GROW AND INCREASE JOBS.

SO, A LOT OF OUR ANALYSIS AT

THE LOUISIANA BUDGET PROJECT

LOOKS AT OUR STATE, NOT

NATIONALLY, WHAT THE ECONOMIC

IMPACT OF A MINIMUM WAGE WOULD

BE IN LOUISIANA.

WE FOUND IF WE RAISE THE

MINIMUM WAGE TO $10.10 AS YOU

MENTIONED IN THE OPENING, THAT

WOULD HELP CLOSE TO 500,000

EMPLOYEES IN LOUISIANA PUT

CLOSE TO $700 MILLION IN THE

STATE ECONOMY AND ULTIMATELY

PRODUCE 3,300 NEW JOBS AT A

TIME WHEN LOUISIANA NEEDS MORE

JOBS.

>> JIM, I WOULD LIKE TO GET

YOUR COMMENTS.

YOU REPRESENT THOSE EMPLOYERS.

>> YES, WE DO.

I THINK IT IS IMPORTANT FOR

YOUR VIEWERS AND THE FOLKS HERE

IN THE AUDIENCE TO APPRECIATE

THAT THE KIND OF

DECISION-MAKING PROCESS THAT

EMPLOYERS WOULD GO THROUGH IF

FACED WITH A COST INCREASE IS

NO DIFFERENT THAN THE ONE THAT

THEY MAKE AS -- AS CONSUMERS.

IF, FOR EXAMPLE, YOU GO AND YOU

BUY A CUP OF COFFEE, AS YOU GO

TO WORK IN THE MORNING.

LET'S SAY THE GOVERNMENT

DECIDES TO RAISE THE PRICE ON

THAT COFFEE TO A DOLLAR MORE.

NOW YOU HAVE A DECISION TO

MAKE.

PERHAPS YOU CAN GO TO YOUR

PLAYER -- EMPLOYER AND GET THE

EMPLOYER TO UNDERWRITE THAT

COST WITH A RAISE.

WE ARE TALKING LIKE $5 A WEEK

AND SOMETHING CLOSE TO $250 A

YEAR.

IF THE EMPLOYER SAYS NO, THEN

YOU HAVE TO FIGURE OUT ANOTHER

WAY OF DEALING WITH THAT.

AND YOU MIGHT DECIDE, WELL,

I'LL FORGO THAT CUP OF COFFEE.

MAYBE YOU ARE USED TO GETTING A

DANISH WITH THAT COFFEE.

EMPLOYERS ARE GOING TO GO

THROUGH THE SAME KIND OF

DECISION-MAKING PROCESS WHERE

IT REGARDS THEIR WORKERS IF

MADE TO PAY CLOSE TO $3 AN HOUR

MORE FOR THEIR WORKERS.

>> LET'S GET SOME REACTION FROM

OUR AUDIENCE MEMBERS AND

QUESTIONS.

I KNOW THAT YOU ALL HAVE A LOT

OF QUESTIONS FOR OUR GUESTS.

LET'S START WITH YOU.

>> MY QUESTION IS, IF AUSTRALIA

HAS A MINIMUM WAGE AT $15 AN

HOUR AND THEY HAVE AN

UNEMPLOYMENT RATE LOWER THAN

OURS, 5.6% AS OF LAST AUGUST.

WHY IS IT SO CONTROVERSIAL FOR

US TO RAISE THE MINIMUM WAGE

WHEN CLEARLY THEIR ECONOMY IS

DOING BETTER?

>> I THINK YOU BRING A GOOD

POINT.

CITIES AND STATES THAT HAVE

RAISED THE MINIMUM WAGE, AND

THAT HAVE MINIMUM WAGES HIGHER

THAN THE FEDERAL LEVEL, YOU

DON'T SEE MASSIVE UNEMPLOYMENT.

YOU DON'T SEE MASS LAYOFFS IN

SMALL BUSINESSES.

THAT DOESN'T HAPPEN.

THE REASON THAT DOESN'T HAPPEN,

WHEN EMPLOYEES ARE PAID MORE,

THEY'RE MORE MOTIVATED TO WORK,

WHICH MEANS BUSINESSES ARE NOT

SPENDING MONEY TO GO OUT AND

FIND NEW EMPLOYEES, TRAIN NEW

EMPLOYEES, PUT OUT

ADVERTISEMENTS.

THAT IS A SAVINGS.

WE TALK A LOT ABOUT THE

INCREASED COST OF PAYROLL, BUT

YOU DON'T HEAR TALK ABOUT

SAVINGS FROM REDUCED TURNOVERS

AND INCREASED EFFICIEEFFICIENCIES.

I CAN'T SPEAK FOR AUSTRALIA'S

ECONOMY, BUT THAT IS WHAT HAS

HAPPENED IN OTHER STATES AND IT

IS TIME FOR LOUISIANA TO GET ON

THE SAME COURSE.

>> SCOTT AND JOHN, DOES THAT

GEL WITH WHAT YOU ARE

EXPERIENCING WITH YOUR

BUSINESSES?

>> FOR EXAMPLE, WE RECENTLY RAN

ADS IN LOCAL NEWSPAPERS LOOKING

FOR EMPLOYEES.

AND WE ACTUALLY RECEIVED -- YOU

HAVE WHAT, 32, 33,000 -- TWO

PHONE CALLS?

SO, MY QUESTION IS, HOW MANY

PEOPLE ACTUALLY OUT THERE

LOOKING FOR JOBS.

>> WELL, WHAT ABOUT YOUR

EXPERIENCE?

WHAT ABOUT WHAT HE SAID IN

TERMS OF TURNOVER?

IF YOU PAY WORKERS MORE, ARE

THEY MORE PRODUCTIVE?

DO THEY STAY LONGER?

DO YOU GET BETTER WORK OUT OF

THEM?

WHAT HAS BEEN YOUR EXPERIENCE?

BECAUSE YOU DO PAY MORE THAN

THE MINIMUM WAGE.

FIRST OF ALL, WHY DO YOU DO

THAT?

>> WE A SPECIALTY COMPANY.

AS A SPORTING GOODS STORE

OWNER, WE ARE A UNIQUE

BUSINESS.

WE ACTUALLY HAVE TO HAVE UNIQUE

PERSONNEL.

I HATE TO USE THE WORD, BUT

WE'RE NOT THE AVERAGE GAS

STATION, SO TO SPEAK.

WE ACTUALLY HAVE UNIQUE

PRODUCTS IN IT.

LOOKING FOR THAT PERSON WHO IS

WILLING TO TAKE ON THAT

RESPONSIBILITY IS SOMEWHAT

DIFFICULT TO FIND.

SO, THEREFORE, WHEN WE DO FIND

THEM, WE DO PAY A LITTLE MORE

THAN THE MINIMUM WAGE.

MY SITUATION, AS A BUSINESS

OWNER, BEING TOLD OR BEING

FORCED TO DO SOMETHING

SPECIFICALLY JUST GOES AGAINST

EVERYTHING THAT I'M FOR.

GIVE ME THAT OPPORTUNITY, IF I

WANT TO RAISE THAT PERSON'S

SALARY, BUT DON'T FORCE IT ON

ME.

>> DR. HEBERT I WOULD LIKE TO

BRING YOU IN ON THIS.

>> ONE THING YOU HAVE TO

REALIZE, THE PEOPLE IN THE

MINIMUM WAGE CATEGORY ARE IN A

FLUID SITUATION FOR THE MOST

PART.

PEOPLE DON'T STAY IN THERE ALL

OF THEIR WORKING LIVES.

IN FACT, YOU NEED TO HAVE THE

UNSKILLED AND THE YOUNG, WHICH

IS WHERE THE UNEMPLOYMENT RATES

ARE EXCESSIVELY HIGH, 16-24 AGE

GROUP, UNEMPLOYMENT RATE IN

THIS COUNTRY IS 16%.

AMONG AFRICAN-AMERICAN YOUNG

PEOPLE IN THE SAME AGE GROUP,

IT IS 38%.

I THINK THAT IS A SHOCKING

STATISTIC THAT PEOPLE DON'T

TALK ABOUT.

WHAT IS HAPPENING IS WE'RE

THROTTLING DOWN, KEEPING,

DELAYING, IN SOME CASES E

ELIMINAING THE LIFETIME

EARNING TRAJECTORY OF YOUNG

WORKERS WHO NEED TO GET THE ON

THE JOB EXPERIENCE, THE SKILLS,

LEARNING, SO FORTH, TO LIFT

THEMSELVES UP AND GET HIGHER

WAGES AND GET OUT OF THE

MINIMUM WAGE CATEGORY AND

INCREASE THEIR LIFETIME

EARNINGS.

>> IF I MAY, TO RESPOND TO

JOSHUA'S QUESTION REGARDING

AUSTRALIA, I HAD A CONVERSATION

WITH A YOUNG LADY WHO HAD SPENT

SOME TIME IN AUSTRALIA.

AND ONE OF THE POINTS THAT SHE

MADE WAS, YES, THEY DO PAY

HIGHER WAGES THERE, BUT THE

COST OF LIVING IS SUCH THAT YOU

DON'T WANT TO LIVE THERE.

AND, SO SHE FOUND A WAY TO LIVE

AS FRUGALLY AS SHE COULD

MANAGE, MAKE THE AMOUNT OF

MONEY THAT SHE WAS MAKING THERE

AND GET BACK HERE AS QUICK AS

SHE CAN.

AND I THINK IT IS MISUNDERSTOOD

IN THE STATES WHERE YOU HAVE,

IN FACT, HIGHER MINIMUM WAGES,

YOU'RE ACTUALLY GOING TO HAVE A

HIGHER COST OF LIVING, WHICH

WILL DIMINISH THE BENEFIT THAT

IS BEING SOUGHT BY THOSE THAT

WOULD PROPOSE DOING A MINIMUM

WAGE -- DOING A MINIMUM WAGE,

AN INCREASE IN THE MINIMUM

WAGE.

>> I HAVE TO RESPOND TO SCOTT'S

ORIGINAL QUESTION, WHERE ARE

THE JOB APPLICANTS.

A CITY IN OREGON, SEA-TRAC,

RAISING THE MINIMUM WAGE TO $15

AN HOUR.

THE SECOND THAT LAW TOOK

EFFECT, IT WAS FLOODED WITH JOB

APPLICANTS.

YOU HAVE PEOPLE THAT DRIVE FROM

THE STATE OF IDAHO TO THE STATE

OF WASHINGTON TO GO TO WORK.

BUSINESS OWNERS ALONG THE

BORDER OF WASHINGTON FLOODED

EVERY DAY WITH JOB

APPLICATIONS.

PEOPLE DO APPLY.

TEENAGERS, TEENAGE EMPLOYMENT.

AS DR. HEBERT SAID, THE

UNEMPLOYMENT RATE FOR TEENAGERS

AND YOUNG ADULTS IN AMERICA IS

16%.

IN LOUISIANA, I THINK IT IS

CLOSER TO 25%.

THE STATE OF VERMONT, SECOND

HIGHEST STATE MINIMUM WAGE IN

THE NATION.

THEIR TEENAGE UNEMPLOYMENT RATE

HAVE ONLY 14%.

IF YOU LOOK AT OTHER STATES

THAT HAVE RAISED THE MINIMUM

WAGE, THEY HAVE EFFECTIVELY

FOUND A WAY TO INCREASE

CONSUMER SPENDING, ESPECIALLY

IN SMALL BUSINESSES, GROW THE

ECONOMY, AND CREATE JOBS.

AND I THINK THAT IS A POINT

WORTH REPEATING CONSTANTLY.

>> LET'S TALK ABOUT EXEMPTIONS,

UNDER THE CURRENT FEDERAL

MINIMUM WAGE, THERE ARE SOME

EXEMPTIONS IN THERE.

I WOULD LIKE FOR YOU TO ADDRESS

THIS AND ADDRESS IT

SPECIFICALLY AS IT RELATES TO

YOUR BILL, BECAUSE YOUR BILL --

>> TOUCHES ON WHAT I SAID

EARLIER.

A PHASE-IN OF THE MINIMUM WAGE.

THE REQUIREMENT OF THE NATIONAL

GOVERNMENT, UNITED STATES

DEPARTMENT OF LABOR WAGE AND

HOUR DIVISION, IT GIVES

EMPLOYEES -- EMPLOYERS THE

OPPORTUNITY TO HIRE YOUNG FOLKS

AND HAVE THOSE YOUNG FOLKS

SERVE AT A LOWER RATE THAN THE

CURRENT MINIMUM WAGE FOR

SPECIFIED PERIOD OF TIME.

IT ALSO GIVES OTHER

CONSIDERATION FOR EMPLOYERS TO

HIRE INDIVIDUALS THAT MAY HAVE

SOME DISABILITIES TO WORK AT A

LOWER MINIMUM WAGE RATE.

SO, THERE ARE OPPORTUNITIES FOR

EMPLOYERS NOT TO BE CAPTIVATED

BY THIS SLOW RISE OF THE

MINIMUM WAGE THAT I'M PROPOSING

AND GETTING READY FOR AN

INCREASE, BUT THERE ARE

OPPORTUNITIES THAT EXIST RIGHT

NOW AND THIS WILL BE -- NOTHING

TO INFRINGE ON THOSE EMPLOYER

RIGHTS TO HIRE YOUNG FOLKS AND

GIVE THEM THOSE WORK

EXPERIENCES THAT WAS MENTIONED

HERE EARLIER.

>> IT SOUNDS LIKE THERE IS SOME

FLEXIBILITY IN THERE.

IT GETS BACK TO SCOTT'S POINT

THAT HE DOESN'T WANT TO BE TOLD

HOW MUCH HE HAS TO RAISE THE

WAGE LEVEL.

>> WELL, THAT'S ADMIRABLE.

BUT I'M SURE SCOTT HAS TOLD

APRIL 15th, HE BETTER HAVE HIS

INCOME TAXES IN BUT HE PROBABLY

DOESN'T LIKE THAT EITHER.

AND IF YOU DON'T HAVE THEM IN

BY SEPTEMBER, SCOTT WILL GO

SOMEWHERE THAT PROVIDES FOR

INDIVIDUALS THAT FEEL LIKE

THEY -- THAT SOUNDS GOOD, BUT

WE ARE TOLD EVERY DAY IN SOME

FORM OR OTHER, THAT'S WHY WE'RE

IN THE LEGISLATURE NOW.

WE'RE MAKING LAWS THAT IS

TELLING INDIVIDUALS HERE IS HOW

CERTAIN THINGS WILL WORK.

>> WE WILL GET TO YOUR QUESTION

IN JUST A MOMENT.

LET'S HEAR FROM JOHN, ANOTHER

SMALL BUSINESS OWNER.

>> I THINK THAT'S AN EXCELLENT

POINT.

I THINK WE'RE TOLD ENOUGH.

WE GET TOLD SO MUCH.

AND THE MORE THE GOVERNMENT

GETS INVOLVED IN MY BUSINESS,

THE MORE I WANT TO GET OUT OF

BEING A SMALL BUSINESS OWNER.

YOU ARE TAKING IT OUT OF OUR

HEART TO BE THE MASTERS OF OUR

OWN DESTINY.

WHAT IS IN HEART OF SOME OF MY

EMPLOYEES IS NOT MONEY.

YOU SAY IF YOU PAY PEOPLE A

COUPLE OF EXTRA BUCKS THAT WILL

BE MOTIVATED TO WORK HARD.

THAT -- SOME PEOPLE AREN'T

MOTIVATED BY MONEY.

THEY'RE MOTIVATED BY A QUALITY

OPPORTUNITY TO GROW THEIR

CAREER.

YES, SOME ARE JUST MOTIVATED BY

THE BUCKS.

WHEN YOU SAY YOU'RE TOLD THIS,

AND YOU NEED TO BE TOLD MORE,

THAT KIND OF GETS THE IRE UP OF

A LOT OF SMALL BUSINESS OWNERS.

>> IT SHOULDN'T.

DEMOCRACY, THE RIGHT TO VOTE TO

PUT IN INDIVIDUALS THAT THINK

THE WAY YOU THINK OR THE WAY

THAT I THINK.

AS WE'RE BEING TOLD, WE'RE

LIVING BY A SET OF RULES THAT

HAVE BEEN -- OVER 200 YEARS

THAT WE LIVE BY, AND WE ARE NOT

THE FIRST SET OF CITIZENS IN

THE UNITED STATES OF AMERICA

THAT HAVE BEEN TOLD THINGS.

I GRANT YOU, THERE IS A LOT OF

THINGS THAT STATE GOVERNMENT

AND FEDERAL GOVERNMENT SAY TO

ME THAT EXCITES ME THAT I MAY

NOT WANT TO HEAR, BUT YOU TAKE

SOME OF THE GOOD WITH SOME OF

THE BAD.

AND STILL WE'RE IN THE GREATEST

COUNTRY IN THE WORLD.

>> LET'S HEAR FROM A YOUNG MAN,

CHRISTIAN, WHO IS IN HIGH

SCHOOL AND YOU HAVE A JOB.

BUT IT IS NOT A MINIMUM WAGE

JOB, RIGHT?

>> NO, IT IS AT $10 AN HOUR.

>> YOU SAID ALL OF THE JOBS --

>> I HAVE ONLY WORKED AT THIS

ONE PLACE.

THEY DIDN'T START ME AT MINIMUM

WAGE.

>> OKAY.

STARTED YOU OUT AT $10 --

>> NO, $8 AN HOUR.

I HAVE TWO THINGS TO SAY.

ONE ABOUT THE MOTIVATION OF

MONEY IN THE WORKPLACE.

NO, I DON'T THINK ALL PEOPLE

ARE MOTIVATED SOLELY BY MONEY

TO DO WELL.

WE'RE TALKING ABOUT PEOPLE WHO

ARE TRYING TO MAKE A LIVING AND

TRYING TO PROVIDE FOR

THEMSELVES, TRYING TO HAVE FOOD

TO EAT NEXT WEEK AND TRYING TO

HAVE A ROOF OVER THEIR HOUSE --

A ROOF OVER THEIR HEAD, SORRY.

THEY WILL BE MOTIVATED MORE BY

MONEY BECAUSE THEY DO NEED A

PLACE TO LIVE AND THEY NEED THE

NECESSITIES OF LIFE.

I HAVE A QUESTION ABOUT YOUR

BILL.

YOU SAID THAT IT HAS LIKE A

STIPULATION FOR YOUNGER

WORKERS, THAT THEY DO NOT HAVE

TO BE PAID --

>> NO, MY BILL DOESN'T INFRINGE

UPON THE CURRENT FEDERAL WAGE

AND HOUR DIVISION OF THE

DEPARTMENT -- U.S. DEPARTMENT

OF LABOR, WHICH GIVES

OPPORTUNITY FOR YOUNG FOLKS TO

WORK RIGHT NOW WITH EMPLOYERS

AS TEENAGERS FOR LOWER THAN THE

MINIMUM WAGE FOR A SPECIFIED

PERIOD OF TIME.

AND IT ALSO MAKES PROVISIONS

FOR DISABLED INDIVIDUALS THAT

CAN WORK BELOW THE MINIMUM WAGE

IN CERTAIN FIELDS.

SO, THAT EXISTS -- MY IDEA

DOESN'T INFRINGE OR TOUCH ON

ANY OF THOSE SUBJECTS.

>> HOW LONG A TIME IS THAT?

>> FOR ONLY -- I THINK 90 DAYS.

FOR THREE MONTHS.

>> OKAY.

>> AND THEY CAN'T BACKPACK

INDIVIDUALS INTO THOSE JOBS.

IT IS TRULY THERE FOR TEENAGERS

TO TAKE ADVANTAGE OF, GAIN

EXPERIENCE, AND THEN THOSE

INDIVIDUALS START TO MAKE THE

MINIMUM WAGE.

>> GOSH, WE HAVE A LOT OF

QUESTIONS.

IF I COULD GET YOUR COMMENT ON

DR. LOREN SCOTT IN THE PIECE

THERE, THE ECONOMIST, WHO

TALKED ABOUT THE EARNED INCOME

TAX CREDIT THAT THAT WOULD BE

MORE VIABLE THAN RAISING THE

MINIMUM WAGE.

YES, DR. HEBERT.

>> THE THING YOU HAVE TO KEEP

IN MIND IS THAT THIS ISSUE

ABOUT RAISING THE MINIMUM WAGE

WILL CAUSE MORE SPENDING.

ANY TIME PEOPLE GET AN INCREASE

IN MONEY, THEY WILL SPEND MORE.

THE POINT THAT I WOULD LIKE TO

MAKE IS THAT THERE ARE WAYS OF

INCREASING SPENDING, RAISING

HOUSEHOLD INCOME, AND BY THE

WAY, IT IS HOUSEHOLD INCOME

THAT IS IMPORTANT IN THE FIGHT

AGAINST POVERTY.

IT IS NOT AN INDIVIDUAL WAGE.

IT IS HOUSEHOLD INCOME.

THERE ARE WAYS TO DO THAT

WITHOUT THE DOWNSIDE OF THE

MINIMUM WAGE.

MINIMUM WAGE HAS THREE DOWN

SIDES AS I SEE IT.

IT MISSES THE TARGET, CAUSES

UNEMPLOYMENT EFFECTS, GOOD AND

BAD, AND WE CAN DEBATE ALL

NIGHT LONG ABOUT WHICH ONE

PREDOMINATES, BUT THE NET

EFFECT, IT IS FIGHTING AGAINST

ITSELF TO SOME EXTENT.

SOME PEOPLE LOSE THEIR JOBS AND

OTHER PEOPLE GAIN.

AND THE THIRD THING IT DEPRIVES

YOUNG PEOPLE OF ESTABLISHING

THE SKILLS, OR AT LEAST DELAYS

THEIR ESTABLISHING SKILLS THAT

THEY NEED TO BUILD THE LIFETIME

PROFILE.

THE THING ABOUT THE EARNED

INCOME TAX CREDIT IT PUTS MONEY

INTO THE HOUSEHOLD WITHOUT ANY

OF THE DOWN SIDES.

>> IT IS WIN-WIN AS YOU SEE IT.

>> WELL, YOU STILL HAVE TO FUND

IT.

OKAY.

TAXPAYERS PAY FOR IT.

TAXPAYERS PAY FOR EVERYTHING.

>> I THINK IT -- FIRST OF ALL,

I WANT TO MAKE THE POINT THAT

CHRISTIAN STARTED OFF GETTING

PAID AT $8 AN HOUR.

NOW YOU ARE AT $10 AN HOUR.

I AM SURE THAT YOU DON'T FEEL

DEPRIVED OF ANY TYPE OF WORK

FORCE TRAINING OR LIKE YOUR

CAREER IS NOT BEING DEVELOPED.

YOU ARE A PRIME EXAMPLE OF THE

FACT THAT JUST BECAUSE YOU PAY

YOUNG PEOPLE MORE DOESN'T MEAN

THEY ARE GOING TO BE DEPRIVED

OF ANY REAL LESSONS.

RIGHT NOW TAXPAYERS ARE

SUBSIDIZING MINIMUM WAGE

COMPANIES.

IF YOU THINK ABOUT IT, 40 YEARS

AGO, IF YOU WORKED AND YOU WERE

THE HEAD OF THE HOUSEHOLD AND

YOU EARNED THE MINIMUM WAGE,

YOU MADE ENOUGH MONEY TO

SUPPORT A FAMILY OF FOUR.

TODAY YOU DON'T MAKE ENOUGH

MONEY TO SUPPORT A FAMILY OF

TWO WITHOUT BEING ON FOOD

STAMPS OR SOME TYPE OF HOUSING

ASSISTANCE OR SOME OTHER TYPE

OF PUBLIC ASSISTANCE.

GUESS WHO IS PAYING FOR THAT?

WE ARE.

IF YOU TAKE THAT INDIVIDUAL AND

YOU PAY THEM A LIVING WAGE AND

THEY'RE NO LONGER DEPENDENT ON

FOOD STAMPS TO PUT BREAD ON THE

TABLE OR EGGS ON THE TABLE FOR

BREAKFAST, NO LONGER DEPENDING

ON HOUSING ASSISTANCE TO KEEP A

ROOF OVER THEIR HEAD OR

ASSISTANCE FROM ENERGY TO KEEP

THE LIGHTS ON, THAT IS MONEY

THAT WE'RE SAVING AS TAXPAYERS

THAT CAN GO TO THINGS LIKE

EXPANDING THE EITC OR

REINVESTMENT IN THE WORK FORCE

DEVELOPMENT AND TRAINING

PROGRAMS OR EVEN PAYING FOR

EARLY CHILDHOOD EDUCATION.

FOR EVERY ONE IN TAXPAYER

DOLLARS, YOU GET $11 BACK IN

ECONOMIC RETURN.

IT IS INTERESTING THAT WE HAVE

A CONVERSATION ABOUT THE EITC

WHEN THE FACT OF THE MATTER

INCREASING THE MINIMUM WAGE HAS

PROVEN TO BE THE BEST

ANTIPOVERTY POLICY OUT THERE.

AND THAT HAS BEEN PROVEN IN

EVERY STATE AND CITY THAT HAS

DONE IT.

>> I'M NOT SURE --

>> YES.

>> RELATIVE TO CHRISTIAN'S

LAUDABLE CONCERN FOR THOSE

INDIVIDUALS THAT ARE NOT

NECESSARILY MAKING THE WAGE

THAT THEY WOULD LIKE TO, THESE

ARE INDIVIDUALS THAT HAVE A

CERTAIN VALUE TO THE EMPLOYER.

AND IF YOU ARTIFICIALLY INFLATE

THAT -- THAT AMOUNT THAT

THEY'RE PAID, THE VALUE DOESN'T

CHANGE.

THEY STILL HAVE THE SKILLS THAT

THEY HAVE AND NO MORE THAN

THAT.

SUDDENLY THAT EMPLOYER MAY BE

LOOKING AT SOMEONE ELSE RATHER

THAN THAT INDIVIDUAL TO REMAIN

IN THAT POSITION.

SO, FOR EXAMPLE, SAY AN OLDER

INDIVIDUAL IN SUCH A JOB IS NOT

ABLE TO, YOU KNOW, IS NOT ABLE

TO WORK WITH COMPUTERS THE WAY

THAT YOU CAN, SUDDENLY YOU LOOK

A LOT MORE ATTRACTIVE THAN THAT

INDIVIDUAL AND THAT INDIVIDUAL

MAY LOSE THEIR JOB.

THIS IS THE CONCERN WE HAVE

ABOUT A GAIN.

HERBERT'S INTENTIONS ARE VERY,

VERY GOOD BUT I THINK THE

CONSEQUENCES WILL NOT BE AS

STRAIGHTFORWARD AS BELIEVED.

>> I THINK THAT THE OPPONENTS

AND THE ADVOCATES, IT IS JUST

ONE OF THOSE THINGS WHERE YOU

HAVE TO FIND THAT BALANCE.

I AM A LONG-TIME STATE CIVIL

SERVANT.

AND I HAVEN'T BEEN IN IT FOR

THE MONEY.

I LOVE WHAT I DO.

I'VE WORKED FOR EVERY STATE

AGENCY POSSIBLE, WHETHER IT IS

HOUSING, DHS, FOOD STAMPS WHICH

IS NOW CHILDREN AND FAMILY

SERVICES.

I HAVE SEEN THE WHOLE SPECTRUM

OF POVERTY AND HOW PEOPLE TRY

TO RISE OUT OF IT FROM PUBLIC

HOUSING SECTION 8 AND OWNING A

HOME.

THERE ARE A LOT OF TOOLS OUT

THERE FOR EMPLOYERS.

I KNOW MR. PATTERSON TRIES TO

DO EVERYTHING THAT HE CAN FOR

EMPLOYERS TO BUILD THAT

INFRASTRUCTURE, BUT THERE IS

LIKE REPRESENTATIVE DIXON SAID,

THERE IS THE WORK OPPORTUNITY

TAX CREDIT.

I THINK EMPLOYERS HAVE TO DO

THEIR DUE DILIGENCE AND THE JOB

SEEKERS, THE UNEMPLOYMENT RATE

RIGHT NOW IN LOUISIANA IS

EXTREMELY LOW.

THERE ARE SO MANY ECONOMIC

DEVELOPMENT WINS TAKING PLACE

ACROSS THE STATE, SO THERE IS A

DEMAND FOR EMPLOYEES AND A LOT

OF THOSE WORKERS ARE UNSKILLED

AND WE ALSO HAVE TO PUT IN THE

INFRASTRUCTURE IN OUR

EDUCATION.

SO MANY WRAP-AROUND SERVICES --

THE MINIMUM WAGE IS GOING TO

HELP IN SOME RESPECTS, BUT,

AGAIN, IT IS GOING TO HURT.

I DO BELIEVE THE PHASE-IN

APPROACH WILL HELP, BUT IT IS A

WHOLE LOT OF OTHER PIECES TO

THIS PUZZLE TO MAKE THINGS

WORK, AND I REALLY SUGGEST THAT

YOU DO WORK WITH THE WORK FORCE

DEVELOPMENT AND BUSINESS AND

CAREER SOLUTION CENTERS TO HELP

YOU MEET YOUR EMPLOYMENT NEEDS.

THAT'S WHAT THEY'RE THERE FOR.

AND THEN YOU DON'T HAVE TO

SPEND MONEY ON ADVERTISING.

THAT'S WHAT THAT STATE AGENCY

IS THERE TO DO FOR YOU AS A

BUSINESS OWNER.

>> LET'S GET TIMOTHY IN.

>> I GUESS MY QUESTION IS FOR

THE GENTLEMAN THAT REPRESENTS

THE BUSINESSES OF LOUISIANA, IS

THAT WITH THE FEEDBACK THAT YOU

HAVE ABOUT BUSINESS, HOW MANY

OF THEM ACTUALLY SAY THAT THEY

WOULD RAISE THEIR RATES OF

THEIR EMPLOYEES WITHOUT A

MANDATE?

BECAUSE I THINK WHAT IS A REAL

DISCUSSION HERE IS IT REALLY

NUMBERS OR IS IT REALLY A

DISCUSSION OF ARE WE HAVING --

WE'RE BEING FORCED TO, A

MANDATE?

AND I THINK FROM THE FEEDBACK

THAT YOU GET MOSTLY FROM A LOT

OF PEOPLE IS THAT IT IS A

MANDATE.

IS IT REALLY SOMETHING THEY ARE

FEELING AGAINST BECAUSE OF THE

NUMBERS OR IS IT BECAUSE IT IS

A MANDATE FROM THE GOVERNMENT?

>> BUSINESSES WILL MAKE A

DECISION THAT LOGICALLY WORKS

FOR THEM IN TERMS OF THEIR GOAL

TO MAKE A PROFIT.

THAT IS WHY PEOPLE GET INTO

BUSINESS TO MAKE A PROFIT.

JUST AS YOU CHOOSE TO ENGAGE IN

EMPLOYMENT IN ORDER TO MAKE

MONEY, THEY ARE TRYING TO MAKE

MONEY.

SO, THEY WILL NECESSARILY MAKE

THE DECISION GOING FORWARD THAT

BEST SUITS THE SITUATION THAT

THEY'RE IN.

IF, IN FACT, YOU HAVE AN

INCREASED DEMAND FOR THE KINDS

OF EMPLOYEES THAT THEY ARE

LOOKING FOR, THEY ARE

NECESSARILY GOING TO HAVE TO

PAY MORE IN ORDER TO ATTRACT

THOSE EMPLOYEES.

THAT IS A PART OF THE

MARKETPLACE.

THAT IS HOW IT OPERATES IN

NORMAL CIRCUMSTANCES.

WHEN WE GO AND START TINKERING

WITH IT AT A GOVERNMENT LEVEL,

YOU START TO CREATE

CONSEQUENCES THAT ARE

UNINTENDED AND ARE ACTUALLY

ADVERSE TO MANY PEOPLE THAT YOU

ARE TRYING TO HELP, WE BELIEVE.

>> AREN'T SMALL BUSINESSES

ALREADY DOING THAT?

WE HAVE TWO SMALL BUSINESS

OWNERS WITH US TONIGHT.

BOTH OF YOU PAY YOUR EMPLOYEES

MORE THAN THE MINIMUM WAGE.

SO YOU ARE TRYING TO ATTRACT

SKILLED WORKERS, OR YOU ARE

TRYING TO ATTRACT A CERTAIN

TYPE OF WORKER BY THAT

INCENTIVE?

YOU ARE USING MONEY AS AN

INCENTIVE?

ISN'T THAT ALREADY HAPPENING?

>> ABSOLUTELY.

AND IT SHOULD BE ALLOWED TO

HAPPEN.

>> TO ANSWER HIS QUESTION, NOT

NECESSARILY THE RAISE, BUT

BEING FORCED TO DO SOMETHING OR

BEING TOLD THAT YOU HAVE TO DO

SOMETHING, IS THAT MORE THE

ISSUE?

>> NO, I THINK IT REALLY IS THE

CONSEQUENCE OF THE INCREASE.

AND WE ALL NEED TO REALIZE THAT

WE'RE NOT JUST TALKING ABOUT

THE INCREASE IN THE -- THE WAGE

RATE, THE HOURLY RATE.

IT HAS A CONSEQUENCE BEYOND

THAT BECAUSE I, AS AN EMPLOYER,

HAVE TO PAY TAXES AND INSURANCE

PREMIUMS ON THE PAYROLL THAT I

HAVE.

SO, WHEN YOU ARBITRARILY TELL

ME NOW THAT I HAVE TO PAY THIS

MUCH MORE, THEN I'VE ALSO GOT

TO PAY THAT MUCH MORE IN OTHER

EXPENSES THAT WERE NOT

CONTEMPLATED NECESSARILY.

>> I THINK IT IS INTERESTING

THAT WE TALK ABOUT BUSINESSES

AND THE PRIMARY DRIVER BEING

PROFIT.

IF YOU LOOK AT LOUISIANA AND

MINIMUM WAGE WORKERS IN

LOUISIANA, THE VAST MAJORITY OF

THEM ARE EMPLOYED BY

INTERNATIONAL COMPANIES AND

NATIONAL COMPANIES, NATIONAL

FRANCHISES AND CHAINS THAT MAKE

MILLIONS IN PROFITS, BILLIONS

EVEN.

EVEN THROUGH THE MOST RECENT

RECESSION, COMPANIES LIKE

WALMART, McDONALD'S -- LOOK AT

COSTCO.

COSTCO IS OPENING UP A NEW

BEAUTIFUL FACILITY HERE IN

BATON ROUGE.

GUESS WHAT, THEY PAY ALL OF

THEIR EMPLOYEES ABOVE THE

MINIMUM WAGE.

SO, IT CAN WORK.

IT CAN HAPPEN.

THESE BUSINESSES CAN ABSORB

THAT COST.

BUT GETTING BACK TO THE POINT

THAT MR. TIMOTHY MADE EARLIER,

WE AS AMERICANS, WE VALUE HARD

WORK.

IF YOU A MINIMUM WAGE WORKER

WORKING 40 HOURS A WEEK, 52

WEEKS A YEAR, THAT MEANS YOU

TOOK NO VACATION, NO SICK DAYS

AND YOU ARRIVED ON TIME FOR

YOUR HOURLY JOB EVERY SINGLE

DAY, YOU'RE STILL IN POVERTY IF

YOU HAVE ONE CHILD.

>> VERY FEW MINIMUM WAGE

WORKERS WORK 40 HOURS A WEEK.

MOST ARE ON PART-TIME.

I WOULD LIKE TO ADDRESS AN

ISSUE ABOUT THE REACTIONS OF

PEOPLE IF THEY'RE FORCED TO DO

THIS.

I DON'T HAVE INFORMATION FOR

LOUISIANA.

BUT I KNOW THAT DUKE UNIVERSITY

IN CONJUNCTION WITH GLOBAL,

SOMETHING OR OTHER MAGAZINE,

DID A SURVEY AND THEY ASKED

CEO'S OF BIG COMPANIES IN DIRNT

DIRNT -- DIFFERENT SECTORS OF

OF THE ECONOMY, WOULD YOU

REDUCE HIRING IF THE MINIMUM

WAGE WAS INCREASED?

WHEN THEY LEFT IT OPEN-ENDED

LIKE THAT, THE MAJORITY DIDN'T

SAY THAT THEY WOULD REDUCE

HIRING.

OKAY, BUT WHEN THEY ASKED THE

QUESTION, WOULD YOU REDUCE

HIRING IF THE MINIMUM WAGE WENT

TO $10?

BETWEEN 81 AND 93% OF THEM SAID

YES, WE WOULD.

SO, THE SIZE OF THE ADJUSTMENT

MATTERS.

THE RESPONSIVENESS OF HOW

EMPLOYERS ACTUALLY REACT IS

SOMETHING THAT IS VERY

DIFFICULT TO FIGURE OUT.

ECONOMISTS TRY, BUT, YOU KNOW,

YOU CAN'T REALLY -- IT IS THE

KIND OF THING THAT YOU DON'T

KNOW UNTIL AFTER THE FACT.

THAT'S WHY I SAY, YOU LOOK AT

PAST EXPERIENCE AND YOU TRY TO

GAIN SOME KNOWLEDGE --

>> IF I CAN BRIEFLY, BECAUSE I

WAS CUT OFF.

ACTUALLY WE HAVE LOUISIANA

NUMBERS AT THE LOUISIANA BUDGET

PROJECT.

66% OF MINIMUM WAGE EARNERS IN

THIS STATE ARE FULL-TIME

WORKERS.

FOR EVERY ONE TEENAGER THAT

WOULD GET A PAY RAISE AS A

RESULT OF MINIMUM WAGE

INCREASE, THREE PEOPLE OVER THE

AGE OF 40.

THREE TIMES OF -- OVER THE AGE

OF 40, AND 300,000 CHILDREN IN

OUR STATE WHO HAVE AT LEAST ONE

PARENT WHO WOULD RECEIVE A PAY

RAISE AS A RESULT OF A MINIMUM

WAGE INCREASE.

YOU'RE RIGHT, SIR, PEOPLE ARE

NOT NECESSARILY MOTIVATED BY

MOM.

BUT IF YOU ARE A SINGLE MOM,

YOU CAN WORK AT COMPANY A,

$7.75 ON COMPANY THAT PAYS YOU

$10.10.

SHE IS GOING TO CHOOSE THE

$10.10.

>> ONE THING THAT I'M INTRIGUED

BY, I KNOW YOU MENTIONED

REPRESENTATIVE THAT YOUR BILL

INCREMENTS IT.

LET'S JUMP.

WE'RE TALKING $10.10.

THAT IS ROUGHLY, AS I FIGURED

IT OUT, A 38% INCREASE.

NOW, HOW MANY BUSINESSES AND

WHAT DO THE BUSINESSES HAVE TO

DO IN RESPONSE TO ABSORBING

THAT 38%, AND AS YOU JUST

MENTIONED, NOW WE'RE LOOKING AT

HIGHER WORKMEN'S COMP, HIGHER

TAXES, EVERYTHING THAT GOES UP

WITH THEIR PAYROLL.

THE ECONOMISTS CAN TELL US, I

DON'T KNOW, MAYBE THAT COMES

OUT OF THE 42% RAISE FOR THE

BUSINESS.

HOW ARE THEY SUPPOSED TO SUCK

THAT UP?

>> YES, AND I WANT TO -- I HEAR

YOU.

ANY BUSINESS WITH THAT

INCREASE, THAT OUGHT TO BE

DIFFICULT.

AND SO, I'M LOOKING AT 2016,

AND LOOKING AT THIS HISTORY OF

MINIMUM WAGE GOING UP.

WE CAN HAVE THE ECONOMIC

FORECAST ALL WE WANT.

70% OF AMERICANS SAY THAT THE

MINIMUM WAGE OUGHT TO GO UP AND

THAT CROSSES ALL OF THE

DYNAMICS, WHETHER IT IS BLACK,

WHITE.

WHAT I'M TELLING YOU, IN MY

BILL, WHAT I'M TRYING TO DO IS

IN INCREMENTS, FROM $7.25, NOT

JULY 1, THE FIRST OF THIS FIZZ

FISCAL YEAR, BUT THE NEXT

FISCAL YEAR RAISE IT $1 AND LET

BUSINESSES ACCLIMATE THEMSELVES

TO THAT.

THEN IN 2016, YOU PUT 75 CENTS

ON TOP OF THAT.

YOU GET IT AT $9.

YOU ARE RIGHT AROUND THE

PRESIDENTIAL ELECTION.

I SUBMIT TO YOU, IF WE HAD THIS

SETTING AGAIN IN A YEAR AND A

HALF, YOU'RE GOING TO FIND THAT

70% OF FOLKS THAT -- THEY ARE

GOING TO SAY TO THEIR

LEGISLATORS AND CONGRESSMAN,

VOTE FOR THE MINIMUM WAGE --

>> IF WE HAVE TO --

>> LET'S JUST HEAR FROM HIM.

YOU'RE AGAIN, REPRESENTING THE

BUSINESSES.

IS THE PHASE-IN APPROACH A WAY

TO DEAL WITH IT BETTER?

WOULD BUSINESSES BE MORE APT TO

ACCEPTING A PHASED-IN APPROACH?

>> I DON'T NECESSARILY THEY

WOULD BE MORE APT TO ACCEPT IT.

DOES IT HURT AS MUCH?

PERHAPS NOT.

BUT YOU STILL HAVE TO DEAL WITH

THAT COST INCREASE AND WHATEVER

CLOSE MARGINS YOU'RE DEALING

WITH.

AND THAT IS THE THING WE NEED

TO UNDERSTAND.

A LOT OF BUSINESSES PAYING THAT

MINIMUM WAGE ARE DOING SO

BECAUSE THEY HAVE A VERY NARROW

MARGIN.

SO, EVEN A DOLLAR, OR 75 CENTS,

CAN REPRESENT A SIGNIFICANT

INCREASE FOR THEM.

YOU KNOW, IT MAY NOT BE SO FOR

MICHAEL.

BUT IT CAN BE FOR CERTAIN

BUSINESSES.

AND WHAT WE'RE SAYING IS THAT

YOU'RE GOING TO END UP HAVING

SOME SIGNIFICANT IMPACT ON

INDIVIDUALS' LIVES TO THE

ADVERSE.

AND WE DON'T WANT TO SEE THAT

HAPPENING.

WE LIKE THE FACT THAT IN

LOUISIANA, WE HAVE AN ECONOMY

DICTATING WHAT PEOPLE ARE PAID.

THAT'S THE WAY THAT WE BELIEVE

THAT IT SHOULD BE.

>> OKAY.

YES.

>> I THINK MR. MICHAEL -- I

THINK MR. MICHAEL BRINGS A

GREAT POINT ACTUALLY.

HAD THE VALUE OF THE MINIMUM

WAGE, ACTUAL PURCHASING POWER

OF THE MINIMUM WAGE REMAINED

CONSISTENT SINCE 1968, IT WOULD

ALREADY BE MORE THAN $10 HOUR.

IT HAD INCREASED WITH WORKER

PRODUCTIVITY, ACTUALLY UP

AROUND $15 AN HOUR.

OF COURSE, JUST LIKE YOU

MENTIONED, IF A BILL DICTATES

THAT A BUSINESS HAS TO PAY ALL

OF ITS EMPLOYEES FROM $7.25 TO

$15, IF MY BOSS HAD TO DEAL

WITH THAT, HE WOULD PROBABLY

FIRE ME.

I HEAR YOU 100% ON THAT.

THE POINT THAT YOU GET TO IS

WHY IT IS SO IMPORTANT TO NOT

ONLY ESTABLISH THE MINIMUM WAGE

BUT TIE THAT MINIMUM WAGE WITH

THE COST OF INFLATION.

THAT WAY BUSINESSES DON'T HAVE

TO DEAL WITH THE SHOCK WHILE AT

THE SAME TIME THE AMOUNT THAT

EMPLOYEES ARE GETTING PAID

STILL ALLOWS THEM TO BUY

EVERYDAY GOODS LIKE MILK, BREAD

AND STUFF FOR THEIR FAMILY.

THE ONLY REASON WHY WE'RE

HAVING THIS CONVERSATION IS

BECAUSE $5.25 A COUPLE OF YEARS

AGO BOUGHT YOU MORE THAN WHAT

$7.25 BUYS YOU TODAY.

THAT IS THE ONLY REASON WE'RE

HAVING THIS CONVERSATION.

>> DR. HEBERT, GET YOUR

THOUGHTS ON THIS.

>> THE MARKET HAS ALREADY TAKEN

CARE TO THAT TO A LARGE EXTENT.

WHY THIS GENTLEMAN GOT MORE

THAN THE MINIMUM WAGE IS HIS

EMPLOYER FELT HE WAS

CONTRIBUTING AT LEAST THAT MUCH

TO THE BOTTOM LINE.

INDIVIDUAL PRODUCTIVITY, NOT

AGGREGATE PRODUCTIVITY.

AGGREGATE PRODUCTIVITY, WE

SHOULD GET $15 AN HOUR.

SOME OF US GET $50, SOME GET

$10, SOME GETS $7.75.

THAT IS NOT THE ISSUE.

IF YOU WANT TO ELIMINATE OR

ALLEVIATE POVERTY, YOU HAVE

TO -- GARRETT SAYING RAISING

THE MINIMUM WAGE IS A BAND-AID.

THAT PRECISELY WHAT IT IS.

BAND-AIDS HELP FOR AWHILE BUT

DON'T SOLVE THE PROBLEM.

WE HAVE TO GET DOWN TO WHY TO

PEOPLE MAKE LESS THAN WHAT THEY

SHOULD BE MAKING.

THEY DON'T HAVE THE

PRODUCTIVITY, THE SKILLS, THEY

DON'T HAVE THE EDUCATION OR

EXPERIENCE.

PUBLIC POLICY IN MY OPINION --

>> I WANT TO ADD THAT AGAIN

WE'RE IGNORING THE INFLATIONARY

IMPACT OF DOING THIS.

THERE IS GOING TO BE A GREATER

COST OF GOODS AND SERVICES TO

THE CONSUMERS AS A RESULT OF

THIS.

THESE COMPANIES THAT DAVE WAS

REFERRING TO, THEY DON'T ABSORB

IT.

THEY GO AND SEND IT ALONG TO

THE CONSUMER, AND THAT IS WHAT

CAUSES STATES THAT DO HAVE A

HIGHER MINIMUM WAGE TO HAVE A

HIGHER COST OF LIVING AS A

RESULT.

>> UH-HMM.

>> WE HAVE A LOW KOZ OF LIVING

RELATIVELY SPEAKING.

WE ARE NOT NCESSARILY GOING TO

BE BETTER OFF.

>> WE HAVE ACTUALLY COME TO THE

END OF THE SHOW.

WE HAVE RUN OUT OF TIME.

THIS GIVES YOU AN IDEA OF WHAT

THE DEBATE IS GOING TO BE LIKE

AT THE CAPITOL -- THERE ARE 14

BILLS ACTUALLY THAT DEAL WITH

THE MINIMUM WAGE.

AND YOUR'S IS ONE OF THEM.

WE ARE GOING TO FOLLOW THAT

VERY, VERY CLOSELY.

THANK YOU ALL SO VERY MUCH FOR

BEING HERE.

YOU HAVE GIVEN US A LOT OF

INFORMATION.

AND THANK YOU ALL SO MUCH AS

WELL.

WE HAVE RUN OUT OF TIME FOR

THIS SEGMENT.

WE WOULD LIKE TO THANK ALL OF

THE PANELISTS, REPRESENTATIVE

DIXON, DR. HEBERT, MR. GRAY AND

MR. PATTERSON FOR THEIR

INSIGHTS ON THIS MONTH'S TOPIC.

WHEN WE COME BACK, WE WILL HAVE

A FEW CLOSING COMMENTS.

SO STAY TUNED.

>>> SHAUNA, I THINK WE HAD A

PREVIEW OF, AS YOU SAID, OF

WHAT'S GOING TO HAPPEN AT THE

CAPITOL PERHAPS.

>> YEAH.

GREAT, GREAT DISCUSSION FROM

OUR AUDIENCE AND FROM THE

PANELISTS AND YOU CAN TELL THIS

IS AN ISSUE THAT PEOPLE ARE

VERY PASSIONATE ABOUT.

SOMETIMES IT CAN BE

CONTENTIOUS.

I THINK TONIGHT WE LEARNED A

LOT FROM THE PANELISTS AND OUR

GUESTS AS WELL.

>> WE LEARNED A LOT.

I WILL LOOK AT ALL OF THE DATA

TO SEE HOW IT ALL PANS OUT.

IT WAS GREAT TO HAVE SO MANY

WONDERFUL EXPERTS.

THAT'S ALL OF THE TIME WE HAVE

FOR THIS EDITION OF "LOUISIANA

PUBLIC SQUARE."

WE ENCOURAGE YOU TO VISIT OUR

WEB SITE.

WHILE THERE, TAKE THIS MONTH'S

SURVEY.

EXTENDED INTERVIEW CLIPS AND

COMMENT ON TONIGHT'S SHOW.

WE WOULD LOVE TO HEAR FROM YOU

LIKE WE DID LAST MONTH

FOLLOWING ENERGIES

ENVIRONMENTAL FOOTPRINT, AND

THAT WAS QUITE A SHOW.

LYNN WRITES TO US, AAPPLAUD LPB

FOR THIS EPISODE OF "LOUISIANA

PUBLIC SQUARE" WHICH WAS

HANDLED IN AN INFORMATIVE,

BALANCED MANNER.

RYAN WRITES, GREAT SHOW ON A

VERY IMPORTANT TOPIC.

WHILE LOUISIANA'S OIL AND GAS

COMPANIES ARE VITAL FOR

GOOD-PAYING JOBS THEY MUST BE

FORCED TO COMPLY WITH OUR

ENVIRONMENTAL LAWS.

BRIAN WRITES, THERE IS ROOM FOR

A COLLABORATIVE PARTNERSHIP.

TOO MANY FOLKS SAY IT IS EITHER

JOBS OR THE ENVIRONMENT.

BOTH ARE NECESSARY AND BOTH CAN

BE PROTECTED AND ADVANCED.

THANK YOU FOR YOUR COMMENTS.

>>> PROPOSED BILL -- JINDAL

ADMINISTRATION SAYS THAT THE

NUMBER OF STATE CONTRACTS IS

ALREADY BEING REDUCED AND THE

BIGGEST ONES PROVIDE ESSENTIAL

SERVICES.

HOW COST EFFECTIVE ARE

PRIVATIZATION EFFORTS WITH

OUTSIDE VENDORS AND HOW

NECESSARY ARE THE MAJORITY OF

THESE CONTRACTS?

"LOUISIANA PUBLIC SQUARE"

EDUCATES VIEWERS NEXT MONTH ON

STATE CONTRACTS 101.

SHOULD BE VERY INTERESTING.

THANK YOU FOR WATCHING.

AND HAVE A GOOD NIGHT.

>> GOOD NIGHT EVERYONE.

 

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CALL 1-800-973-7246 OR GO

ONLINE TO WWW.lpb.org.

 

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PROVIDED BY THE FOUNDATION FOR

EXCELLENCE IN LOUISIANA PUBLIC

BROADCASTING.