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>> SUPPORT FOR THIS PROGRAM IS

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PROVIDED BY THE FOUNDATION FOR

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EXCELLENCE IN LOUISIANA PUBLIC

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BROADCASTING.

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>> HELLO AND WELCOME TO

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"LOUISIANA PUBLIC SQUARE."

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I'M BETH COURTNEY, PRESIDENT OF

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LOUISIANA PUBLIC BROADCASTING.

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>> AND I'M SHAUNA SANFORD,

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COHOST OF LOUISIANA, THE STATE

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WE'RE IN.

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IN 1938, UNITED STATES

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ESTABLISHED A MINIMUM WAGE OF

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25 CENTS PER HOUR UNDER THE

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FAIR LABOR STANDARDS ACT.

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OVER THE YEARS, IT HAS BEEN

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RAISED MORE THAN 25 TIMES, MOST

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RECENTLY IN 2009 TO ITS CURRENT

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RATE OF $7.25.

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45 STATES HAVE THEIR OWN

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MINIMUM WAGE LAWS AND 21 OF

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THEM PAY HIGHER THAN THE

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FEDERAL RATE.

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LOUISIANA IS ONE OF THE FIVE

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STATES THAT DOES NOT HAVE ITS

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OWN MINIMUM WAGE LAW.

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>> BUT THAT COULD CHANGE THIS

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SESSION.

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14 BILLS HAVE BEEN FILED THAT

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WOULD GIVE THE STATE AND EVEN

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MUNICIPALITIES THE POWER TO SET

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A MINIMUM WAGE.

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ONE LAW STARTS THE RATE AT

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$10.10 PER HOUR.

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SO, SHOULD LOUISIANA DEVELOP

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ITS OWN MINIMUM WAGE?

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HOW HIGH SHOULD IT BE?

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AND WOULD SUCH A MOVE HELP THE

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STATE'S WORKING POOR OR

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ULTIMATELY HURT THEM?

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TONIGHT "LOUISIANA PUBLIC

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SQUARE" LOOKS FOR ANSWERS ON

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LOUISIANA AND THE MINIMUM WAGE.

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>> AS PART OF HIS 2014 STATE OF

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THE UNION ADDRESS, PRESIDENT

46
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OBAMA CALLED ON CONGRESS TO

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RAISE THE MINIMUM WAGE FROM ITS

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CURRENT RATE OF $7.25 AN HOUR

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TO OVER $10 AN HOUR.

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IN THE INTERIM, OBAMA OFFERED A

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CHALLENGE.

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>> TO EVERY MAYOR, GOVERNOR,

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STATE LEGISLATOR IN AMERICA, I

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SAY YOU DON'T HAVE TO WAIT FOR

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CONGRESS TO ACT.

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AMERICANS WILL SUPPORT YOU IF

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YOU TAKE THIS ON.

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>> FIVE LOUISIANA LAWMAKERS

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ACCEPTED THE CHALLENGE AND

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PROPOSED A TOTAL OF 14 BILLS TO

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ADDRESS THE MINIMUM WAGE.

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AMONG THEM, REPRESENTATIVE

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MARCUS HUNTER, A DEMOCRAT WHO

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REPRESENTS MONROE.

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>> WE HAVE CONTINUED AS A STATE

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TO INCENTIVIZE CORPORATIONS,

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BIG BUSINESSES, SMALL

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BUSINESSES FOR DECADES.

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AND IT IS TIME FOR THAT MONEY

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TO TRICKLE DOWN TO SOME OF THE

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EMPLOYEES.

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>> HUNTER IS SPONSORING

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LEGISLATION TO NOT ONLY CREATE

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A STATE MINIMUM WAGE BUT ALLOW

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MUNICIPALITIES THE FLEXIBILITY

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TO SET THEIR OWN.

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FACING PUSH-BACK FROM COMPANIES

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IN HIS DISTRICT, HUNTER SENT

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THEM A CLEAR MESSAGE.

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>> I HAVE NO INTEREST IN

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BANKRUPTING YOUR BUSINESS, BUT

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I ALSO EQUALLY HAVE NO INTEREST

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IN YOU FLEECING THE EVERYDAY

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HARD-WORKING PERSON.

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>> LOUISIANA IS ONE OF THE

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THREE STATES WITH THE HIGHEST

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PERCENTAGE OF HOURLY-PAID

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WORKERS EARNING AT OR BELOW THE

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FEDERAL MINIMUM WAGE.

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A FULL-TIME MINIMUM WAGE

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EMPLOYEE EARNS $15,080

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ANNUALLY.

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ACCORDING TO 2012 CENSUS DATA,

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LOUISIANA IS THE THIRD POOREST

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STATE IN THE COUNTRY.

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>> WE THINK THE BEST

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ANTIPOVERTY PROGRAM THAT YOU

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COULD HAVE IS A LIVING WAGE FOR

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PEOPLE.

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>> MOLLER IS THE DIRECTOR OF

101
00:03:32,067 --> 00:03:33,700
THE LOUISIANA BUDGET PROJECT.

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HIS GROUP RECENTLY RELEASED A

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REPORT SUPPORTING THE STATE

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MINIMUM WAGE.

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MOLLER FAVORS TYING THE MINIMUM

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WAGE TO THE COST OF LIVING.

107
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>> THE VALUE OF THE FEDERAL

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MINIMUM WAGE HAS ERODED AS THE

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COST OF LIVING HAS GONE UP.

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SO IF THE FEDERAL MINIMUM WAGE

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HAD KEPT UP WITH INFLATION FROM

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1968, IT WOULD BE OVER $10

113
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TODAY.

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>> SUPPORTERS OF RAISING THE

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MINIMUM WAGE SAY THAT AN

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INCREASE NOT ONLY AFFECTS

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WORKERS PRESENTLY MAKING THE

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RATE BUT ALSO WORKERS WHO EARN

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BETWEEN THE CURRENT AND

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PROPOSED NEW ONE.

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ACCORDING TO THE LOUISIANA

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BUDGET PROJECT, AN INCREASE TO

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$10.10 PER HOUR WOULD EITHER

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DIRECTLY OR INDIRECTLY RAISE

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THE LIVELIHOOD OF OVER 550,000

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LOUISIANANS.

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ALTHOUGH THE U.S. DEPARTMENT OF

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LABOR INDICATES THAT 74,000

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TOTAL WORKERS EARN AT OR BELOW

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MINIMUM WAGE.

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>> WHEN THE PRICE OF SOMETHING

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GOES UP, PEOPLE BUY LESS.

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PRICE OF APPLES GO UP, PEOPLE

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BUY LESS APPLES --

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00:04:35,100 --> 00:04:36,967
>> ECONOMISTS LOREN SCOTT SAYS

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A MINIMUM WAGE INCREASE PRICES

137
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LOW SKILLED ENTRY LEVEL

138
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WORKERS, ESPECIALLY THE YOUNG

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OUT OF THE MARKETPLACE.

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00:04:43,500 --> 00:04:44,667
>> THERE IS A CERTAIN SET OF

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PEOPLE OUT THERE, ESPECIALLY

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YOUNG TEENAGERS THAT HAVE NO

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LABOR MARKET SKILL AT ALL, WHO

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AT BEST ARE WORTH $7.35 AN

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HOUR.

146
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THAT'S WHAT THEY'RE WORTH.

147
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THAT IS WHAT THEY ADD TO THE

148
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VALUE OF THE FIRM.

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YOU FORCE A SITUATION WHERE YOU

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HAVE TO PAY THAT PERSON $10 AN

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HOUR, YOU'RE NOT GOING TO HIRE

152
00:05:01,233 --> 00:05:02,067
THE PERSON.

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>> A CONGRESSIONAL BUDGET

154
00:05:03,767 --> 00:05:05,733
OFFICE ANALYSIS OF THE

155
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PRESIDENT'S MINIMUM WAGE

156
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INCREASE NOTED THAT WHILE IT

157
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WOULD LIFT 900,000 WORKERS OUT

158
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OF POVERTY, 500,000 JOBS WOULD

159
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BE LOST.

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FOR SMALL BUSINESS OWNER

161
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PATRICIA FELDER, A MINIMUM WAGE

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INCREASE MEANS SHE WILL BE

163
00:05:19,067 --> 00:05:21,033
UNABLE TO TAKE ON NEW WORKERS.

164
00:05:21,033 --> 00:05:23,733
>> IF I HAVE A CHOICE BETWEEN

165
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ASKING MY EMPLOYEES IF THEY

166
00:05:26,267 --> 00:05:28,267
WANT TO MAKE MORE ADDITIONAL

167
00:05:28,267 --> 00:05:30,233
OVERTIME, OR TAKING ON THAT ONE

168
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ADDITIONAL PERSON THAT I

169
00:05:32,267 --> 00:05:34,333
PERHAPS WOULD HAVE HIRED, I'LL

170
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CHOOSE NOT TO DO SO.

171
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AS WILL MOST SMALL BUSINESSES.

172
00:05:39,433 --> 00:05:41,233
>> ACCORDING TO THE SMALL

173
00:05:41,233 --> 00:05:43,233
BUSINESS ADMINISTRATION,

174
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BUSINESSES EMPLOYING FEWER THAN

175
00:05:44,367 --> 00:05:46,933
500 WORKERS ACCOUNT FOR OVER

176
00:05:46,933 --> 00:05:50,367
97% OF LOUISIANA'S EMPLOYERS.

177
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DAWN STARNS THE STATE DIRECTOR

178
00:05:51,600 --> 00:05:55,733
OF THE NATIONAL FEDERATION OF

179
00:05:55,733 --> 00:05:57,533
INDEPENDENT BUSINESSES

180
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CONDUCTED A SURVEY ON PROPOSED

181
00:05:59,200 --> 00:06:00,233
MINIMUM WAGE LEGISLATION.

182
00:06:00,233 --> 00:06:03,333
>> WE HAVE OVER 4,300 MEMBERS

183
00:06:03,333 --> 00:06:04,200
STATEWIDE IN LOUISIANA.

184
00:06:04,200 --> 00:06:06,200
WE HAD 90% OF OUR MEMBERS TELL

185
00:06:06,200 --> 00:06:07,667
US THAT THIS WAS -- THAT THIS

186
00:06:07,667 --> 00:06:09,000
WAS SOMETHING THAT WE HAD TO

187
00:06:09,000 --> 00:06:12,667
WORK FOR THEM AND OPPOSE THIS

188
00:06:12,667 --> 00:06:14,533
FOR THE SESSION.

189
00:06:14,533 --> 00:06:16,867
>> STARNS SAYS SMALL BUSINESSES

190
00:06:16,867 --> 00:06:19,767
FACE THREE CHOICES FROM THE

191
00:06:19,767 --> 00:06:20,667
INCREASE.

192
00:06:20,667 --> 00:06:24,200
LAY OFF EMPLOYEES, ADD INCREASE

193
00:06:24,200 --> 00:06:26,567
ON TO THE CONSUMER --

194
00:06:26,567 --> 00:06:28,300
>> SMALL BUSINESS OWNERS WE

195
00:06:28,300 --> 00:06:30,367
REPRESENT THEY ARE NOT GOING TO

196
00:06:30,367 --> 00:06:34,833
HAVE THE ABILITY TO PASS THAT

197
00:06:34,833 --> 00:06:36,200
ALONG BECAUSE THAT MEANS

198
00:06:36,200 --> 00:06:38,200
INCREASING THE COST OF GOODS AR

199
00:06:38,200 --> 00:06:38,967
SERVICES AND --

200
00:06:38,967 --> 00:06:41,433
>> HIGHER LABOR COSTS OFFSET BY

201
00:06:41,433 --> 00:06:43,267
INCREASED CONSUMER SPENDING.

202
00:06:43,267 --> 00:06:45,133
>> SOME SMALL BUSINESSES, SURE,

203
00:06:45,133 --> 00:06:46,567
THEY'RE GOING TO PAY A LITTLE

204
00:06:46,567 --> 00:06:47,100
MORE.

205
00:06:47,100 --> 00:06:48,533
INCREASE THE COST OF DOING

206
00:06:48,533 --> 00:06:49,067
BUSINESS.

207
00:06:49,067 --> 00:06:50,267
BUT BUSINESSES WILL ALSO GET

208
00:06:50,267 --> 00:06:51,800
MORE CUSTOMERS FROM THE HIGHER

209
00:06:51,800 --> 00:06:53,167
WAGES AND THAT IS GOING TO

210
00:06:53,167 --> 00:06:53,833
SUPPORT JOBS.

211
00:06:53,833 --> 00:06:56,400
>> SCOTT SAYS INCREASED

212
00:06:56,400 --> 00:06:58,867
CONSUMER PRICES WILL FURTHER

213
00:06:58,867 --> 00:07:00,133
HURT THE POOR PLUS DRIVE

214
00:07:00,133 --> 00:07:00,967
UNEMPLOYMENT HIGHER.

215
00:07:00,967 --> 00:07:02,967
>> ONCE YOU RAISE THE PRICE OF

216
00:07:02,967 --> 00:07:06,433
HAMBURGER 10%, GUESS WHAT,

217
00:07:06,433 --> 00:07:08,667
PEOPLE BUY FEWER HAMBURGERS AND

218
00:07:08,667 --> 00:07:10,000
PIZZA SO YOU NEED FEWER PEOPLE

219
00:07:10,000 --> 00:07:10,933
AROUND TO PRODUCE THEM.

220
00:07:10,933 --> 00:07:13,100
>> RATHER THAN INCREASING THE

221
00:07:13,100 --> 00:07:14,800
MINIMUM WAGE, SCOTT SUPPORTS

222
00:07:14,800 --> 00:07:16,100
BROADENING THE FEDERAL EARNED

223
00:07:16,100 --> 00:07:18,233
INCOME TAX CREDIT THAT LOW TO

224
00:07:18,233 --> 00:07:20,600
MODERATE INCOME WORKERS RECEIVE

225
00:07:20,600 --> 00:07:21,867
WHEN FILING THEIR INCOME TAX

226
00:07:21,867 --> 00:07:22,400
RETURNS.

227
00:07:22,400 --> 00:07:23,367
>> IF YOU THINK THAT PEOPLE --

228
00:07:23,367 --> 00:07:24,600
THAT YOU WANT TO HELP PEOPLE

229
00:07:24,600 --> 00:07:27,367
WHO ARE POOR, GET THEM MONEY,

230
00:07:27,367 --> 00:07:28,600
AND THAT'S THE WHOLE POINT OF

231
00:07:28,600 --> 00:07:30,367
THE EARNED INCOME TAX CREDIT

232
00:07:30,367 --> 00:07:32,600
WAS TO HAVE A WAY OF TAKING

233
00:07:32,600 --> 00:07:35,733
MONEY AWAY FROM, IF YOU LIKE,

234
00:07:35,733 --> 00:07:38,033
MY WIFE AND I, AND GIVING IT TO

235
00:07:38,033 --> 00:07:39,267
PEOPLE WHO ARE NOT DOING NEARLY

236
00:07:39,267 --> 00:07:40,867
AS WELL AS MY WIFE AND I ARE.

237
00:07:40,867 --> 00:07:42,233
>> AS THE MINIMUM WAGE DEBATE

238
00:07:42,233 --> 00:07:43,600
HEATS UP THIS SESSION,

239
00:07:43,600 --> 00:07:44,600
REPRESENTATIVE HUNTER WILL JOIN

240
00:07:44,600 --> 00:07:46,600
FOUR OF THE DEMOCRATIC

241
00:07:46,600 --> 00:07:48,033
COLLEAGUES FOR PUSHING IN WHAT

242
00:07:48,033 --> 00:07:50,200
THEY SEE AS THE BEST

243
00:07:50,200 --> 00:07:53,000
ALTERNATIVE FOR THE LOW INCOME

244
00:07:53,000 --> 00:07:53,467
CONSTITUENTS.

245
00:07:53,467 --> 00:07:55,133
>> WE HAVE GONE TO GREAT

246
00:07:55,133 --> 00:08:00,233
LENGTHS TO PROTECT

247
00:08:00,233 --> 00:08:01,333
CORPORATIONS, BIG BUSINESS,

248
00:08:01,333 --> 00:08:01,700
EMPLOYERS.

249
00:08:01,700 --> 00:08:02,567
I THINK IT IS TIME TO GET TO

250
00:08:02,567 --> 00:08:04,300
THE NITTY-GRITTY AND TRY TO

251
00:08:04,300 --> 00:08:06,100
PROTECT THE EVERY-DAY WORKER.

252
00:08:06,100 --> 00:08:08,567
THE PEOPLE WHO WORK HARD, THE

253
00:08:08,567 --> 00:08:10,200
PEOPLE WHO SENT US HERE, THE

254
00:08:10,200 --> 00:08:11,767
PEOPLE WHO STAND TOGETHER FOR

255
00:08:11,767 --> 00:08:14,967
LOUISIANA.

256
00:08:14,967 --> 00:08:16,567
>> STANDING TOGETHER FOR

257
00:08:16,567 --> 00:08:17,867
LOUISIANA AND OUR STUDIO

258
00:08:17,867 --> 00:08:19,400
AUDIENCE ARE RESIDENTS FROM THE

259
00:08:19,400 --> 00:08:20,833
GREATER BATON ROUGE AREA.

260
00:08:20,833 --> 00:08:22,567
MEMBERS OF THE YOUNG DEMOCRATS

261
00:08:22,567 --> 00:08:23,567
OF LOUISIANA, THE YOUNG

262
00:08:23,567 --> 00:08:25,700
AMERICANS FOR LIBERTY, AND THE

263
00:08:25,700 --> 00:08:27,533
LEGISLATIVE YOUTH ADVISORY

264
00:08:27,533 --> 00:08:28,133
COUNCIL.

265
00:08:28,133 --> 00:08:29,667
ALSO JOINING US ARE BUSINESS

266
00:08:29,667 --> 00:08:31,800
OWNERS AND A REPRESENTATIVE OF

267
00:08:31,800 --> 00:08:34,033
THE WORKPLACE JUSTICE PROJECT.

268
00:08:34,033 --> 00:08:36,167
WELCOME ALL OF YOU TO THE SHOW.

269
00:08:36,167 --> 00:08:38,533
LOOKING FORWARD TO A GREAT

270
00:08:38,533 --> 00:08:39,000
DISCUSSION.

271
00:08:39,000 --> 00:08:41,267
LSU PUBLIC POLICY RESEARCH LAB

272
00:08:41,267 --> 00:08:43,633
SURVEYED NEARLY 150 CITIZENS ON

273
00:08:43,633 --> 00:08:44,533
THE TOPIC TONIGHT.

274
00:08:44,533 --> 00:08:47,033
AND HERE IS A LOOK AT SOME OF

275
00:08:47,033 --> 00:08:48,067
THEIR RESPONSES.

276
00:08:48,067 --> 00:08:49,600
WHEN ASKED IF THEY WOULD

277
00:08:49,600 --> 00:08:51,000
SUPPORT LOUISIANA HAVING ITS

278
00:08:51,000 --> 00:08:52,933
OWN STATEWIDE MINIMUM WAGE LAW,

279
00:08:52,933 --> 00:08:54,533
56% SAID YES.

280
00:08:54,533 --> 00:08:56,233
30% WOULD OPPOSE SUCH A MOVE,

281
00:08:56,233 --> 00:08:58,367
AND 12% WERE UNSURE.

282
00:08:58,367 --> 00:09:00,767
AS FAR AS RAISING THE FEDERAL

283
00:09:00,767 --> 00:09:03,533
MINIMUM WAGE FROM $7.25 TO

284
00:09:03,533 --> 00:09:06,467
$10.10 PER HOUR, 54% SUPPORT

285
00:09:06,467 --> 00:09:07,833
THE INCREASE.

286
00:09:07,833 --> 00:09:10,800
43% OPPOSE IT, AND 3% WERE NOT

287
00:09:10,800 --> 00:09:11,200
SURE.

288
00:09:11,200 --> 00:09:12,833
BUT WHEN GIVEN THE FINDINGS OF

289
00:09:12,833 --> 00:09:14,667
THE CONGRESSIONAL BUDGET OFFICE

290
00:09:14,667 --> 00:09:15,967
THAT SUCH AN INCREASE COULD

291
00:09:15,967 --> 00:09:18,900
RESULT IN THE LOSS OF ROUGHLY

292
00:09:18,900 --> 00:09:20,733
500,000 JOBS, SUPPORT FOR A

293
00:09:20,733 --> 00:09:23,000
FEDERAL MINIMUM WAGE INCREASE

294
00:09:23,000 --> 00:09:25,233
DROPS, WITH 56% OF THOSE

295
00:09:25,233 --> 00:09:26,700
OPPOSING SUCH A MOVE.

296
00:09:26,700 --> 00:09:28,967
39% SUPPORTING THE INCREASE.

297
00:09:28,967 --> 00:09:31,067
AND 5% UNSURE.

298
00:09:31,067 --> 00:09:32,567
AND WHEN GIVEN THE CHOICE OF

299
00:09:32,567 --> 00:09:34,100
EITHER EXPANDING THE EARNED

300
00:09:34,100 --> 00:09:35,600
INCOME TAX CREDIT AS A WAY TO

301
00:09:35,600 --> 00:09:37,600
HELP THE WORKING POOR OR

302
00:09:37,600 --> 00:09:39,900
RAISING THE MINIMUM WAGE, 46%

303
00:09:39,900 --> 00:09:41,467
WOULD OPT TO INCREASE THE

304
00:09:41,467 --> 00:09:43,033
MINIMUM WAGE.

305
00:09:43,033 --> 00:09:45,133
38% WOULD EXPAND THE TAX

306
00:09:45,133 --> 00:09:45,600
CREDIT.

307
00:09:45,600 --> 00:09:47,467
AND 10% WOULDN'T DO EITHER ONE.

308
00:09:47,467 --> 00:09:50,833
THE REMAINING 6% WERE EITHER

309
00:09:50,833 --> 00:09:52,467
UNSURE OR REFUSED TO ANSWER.

310
00:09:52,467 --> 00:09:54,067
SO, TONIGHT TO GET THIS

311
00:09:54,067 --> 00:09:55,967
DISCUSSION GOING, LET'S START

312
00:09:55,967 --> 00:09:56,467
THERE.

313
00:09:56,467 --> 00:09:58,200
YOUR THOUGHTS ON WHETHER THE

314
00:09:58,200 --> 00:10:00,267
MINIMUM WAGE, RAISING THE

315
00:10:00,267 --> 00:10:01,300
MINIMUM WAGE WOULD HELP THE

316
00:10:01,300 --> 00:10:02,400
WORKING POOR OR DO YOU THINK

317
00:10:02,400 --> 00:10:04,033
THAT IT WOULD HURT MORE THAN IT

318
00:10:04,033 --> 00:10:06,567
WOULD ACTUALLY HELP THEM?

319
00:10:06,567 --> 00:10:09,433
AND LET'S START WITH YOU.

320
00:10:09,433 --> 00:10:11,433
>> I THINK INCREASING THE

321
00:10:11,433 --> 00:10:12,933
MINIMUM WAGE WOULD ACTUALLY

322
00:10:12,933 --> 00:10:14,600
HURT THE WORKING POOR.

323
00:10:14,600 --> 00:10:15,733
INCREASE OF EMPLOYMENT --

324
00:10:15,733 --> 00:10:18,400
STIRRED BY THE INCREASE IN

325
00:10:18,400 --> 00:10:19,400
MINIMUM WAGE WOULD JUST CAUSE

326
00:10:19,400 --> 00:10:20,033
MORE POVERTY --

327
00:10:20,033 --> 00:10:21,600
>> YOU ARE FOR NOT RAISING THE

328
00:10:21,600 --> 00:10:22,200
MINIMUM WAGE.

329
00:10:22,200 --> 00:10:22,933
>> YES.

330
00:10:22,933 --> 00:10:24,433
>> TIFFANY, DIFFERENT

331
00:10:24,433 --> 00:10:25,567
PERSPECTIVE OR DO YOU SHARE THE

332
00:10:25,567 --> 00:10:26,333
SAME THOUGHTS?

333
00:10:26,333 --> 00:10:28,633
>> I THINK IT REALLY IS A

334
00:10:28,633 --> 00:10:30,800
PERSONAL SITUATION, AND IN SOME

335
00:10:30,800 --> 00:10:31,867
INSTANCES IT WILL HELP.

336
00:10:31,867 --> 00:10:35,267
BUT WE'RE TALKING ABOUT

337
00:10:35,267 --> 00:10:36,867
UNIVERSALLY, AND SO AT THE SAME

338
00:10:36,867 --> 00:10:39,133
TIME, I DO SEE WHERE THERE WILL

339
00:10:39,133 --> 00:10:40,700
BE AN IMPACT.

340
00:10:40,700 --> 00:10:42,967
SO, IT'S -- FOR ME IT'S

341
00:10:42,967 --> 00:10:43,500
BORDERLINE.

342
00:10:43,500 --> 00:10:45,800
AND I THINK IT REALLY BOILS

343
00:10:45,800 --> 00:10:47,900
DOWN TO THAT INDIVIDUAL

344
00:10:47,900 --> 00:10:48,400
HOUSEHOLD.

345
00:10:48,400 --> 00:10:48,967
>> LEWIS.

346
00:10:48,967 --> 00:10:51,767
>> I BELIEVE IT WOULD HURT THE

347
00:10:51,767 --> 00:10:53,767
POOR AND THE WORKER IN

348
00:10:53,767 --> 00:10:54,633
LOUISIANA OVERALL.

349
00:10:54,633 --> 00:10:56,400
>> OKAY.

350
00:10:56,400 --> 00:10:56,900
TIMOTHY.

351
00:10:56,900 --> 00:10:59,100
>> WELL, I THINK IT WOULD BE --

352
00:10:59,100 --> 00:11:00,733
IT NEEDS TO BE RAISED, AND I

353
00:11:00,733 --> 00:11:02,233
THINK THAT IT IS -- IT IS

354
00:11:02,233 --> 00:11:03,633
ASHAME THAT IF A PERSON WORKS

355
00:11:03,633 --> 00:11:06,033
40 HOURS A WEEK AND THEY GET A

356
00:11:06,033 --> 00:11:07,233
CHECK THAT IS THAT LITTLE TO

357
00:11:07,233 --> 00:11:08,133
SUPPORT A FAMILY.

358
00:11:08,133 --> 00:11:09,867
I THINK NOBODY SHOULD BE

359
00:11:09,867 --> 00:11:11,233
WORKING 40 HOURS AND LIVING IN

360
00:11:11,233 --> 00:11:11,800
POVERTY.

361
00:11:11,800 --> 00:11:13,833
BUT I DO THINK THAT THERE NEEDS

362
00:11:13,833 --> 00:11:15,933
TO BE A TRANSITIONAL PERIOD OF

363
00:11:15,933 --> 00:11:17,300
WHEN YOU RAISE THE MINIMUM WAGE

364
00:11:17,300 --> 00:11:19,533
AND DO IT AT A RATE WHERE

365
00:11:19,533 --> 00:11:21,733
BUSINESSES CAN FEEL COMFORTABLE

366
00:11:21,733 --> 00:11:23,400
DURING THE TRANSITIONAL PERIOD.

367
00:11:23,400 --> 00:11:25,033
>> MAYBE PHASE IT IN INSTEAD OF

368
00:11:25,033 --> 00:11:25,800
ALL AT ONCE?

369
00:11:25,800 --> 00:11:26,500
>> CORRECT.

370
00:11:26,500 --> 00:11:27,900
>> WE HAVE BUSINESS OWNERS HERE

371
00:11:27,900 --> 00:11:28,733
IN THE AUDIENCE.

372
00:11:28,733 --> 00:11:30,300
GARRETT, DO YOU THINK THAT IT

373
00:11:30,300 --> 00:11:32,233
WILL HURT THEM MORE THAN HELP

374
00:11:32,233 --> 00:11:34,133
THEM OR DO YOU THINK THAT

375
00:11:34,133 --> 00:11:36,167
RAISING THE MINIMUM WAGE WILL

376
00:11:36,167 --> 00:11:38,133
HELP THOSE LOW EARNING

377
00:11:38,133 --> 00:11:38,633
EMPLOYEES?

378
00:11:38,633 --> 00:11:42,933
>> ECHOING HIS -- I DO BELIEVE

379
00:11:42,933 --> 00:11:44,833
IT SHOULD BE PHASED IN OVER

380
00:11:44,833 --> 00:11:45,300
TIME.

381
00:11:45,300 --> 00:11:46,867
I BELIEVE THE MINIMUM WAGE IS

382
00:11:46,867 --> 00:11:48,800
MORE OF A BAND-AID ON THE

383
00:11:48,800 --> 00:11:49,300
PROBLEM.

384
00:11:49,300 --> 00:11:51,300
I THINK WE SHOULD FOCUS MORE ON

385
00:11:51,300 --> 00:11:52,300
SKILLED FORMATION AND

386
00:11:52,300 --> 00:11:53,433
ADVANCEMENT IN THE WORKPLACE.

387
00:11:53,433 --> 00:11:55,100
I THINK THAT IS THE WAY TO

388
00:11:55,100 --> 00:11:57,000
REALLY ADDRESS THE PROBLEM AND

389
00:11:57,000 --> 00:11:59,667
I BELIEVE THAT IF WORKERS ARE

390
00:11:59,667 --> 00:12:02,967
TO BE CUT BY THE EMPLOYERS,

391
00:12:02,967 --> 00:12:05,033
THOSE THAT ARE IMPOVERISHED

392
00:12:05,033 --> 00:12:06,200
EARNING MINIMUM WAGE ARE THE

393
00:12:06,200 --> 00:12:08,933
FIRST TO BE CUT DUE TO

394
00:12:08,933 --> 00:12:11,333
UNRELIABLE TRANSPORTATION

395
00:12:11,333 --> 00:12:11,800
AND --

396
00:12:11,800 --> 00:12:13,067
>> LET'S HEAR FROM SOME OF THE

397
00:12:13,067 --> 00:12:13,967
BUSINESS OWNERS.

398
00:12:13,967 --> 00:12:15,333
SCOTT YOU OWN A SMALL BUSINESS.

399
00:12:15,333 --> 00:12:16,400
TELL US ABOUT THAT AND WHERE

400
00:12:16,400 --> 00:12:17,867
YOU STAND ON THE ISSUE.

401
00:12:17,867 --> 00:12:19,433
>> WELL, WE OPPOSE BEING FORCED

402
00:12:19,433 --> 00:12:22,000
TO PAY A SPECIFIC AMOUNT.

403
00:12:22,000 --> 00:12:23,433
IT SHOULD BE UP TO THE

404
00:12:23,433 --> 00:12:24,500
BUSINESSES THEMSELVES.

405
00:12:24,500 --> 00:12:25,833
WE'RE A SPECIALTY COMPANY,

406
00:12:25,833 --> 00:12:26,800
SPORTING GOODS STORE.

407
00:12:26,800 --> 00:12:28,900
YOU HAVE TO BE UNIQUE ON THE

408
00:12:28,900 --> 00:12:30,467
PERSONNEL THAT YOU'RE HIRING,

409
00:12:30,467 --> 00:12:31,867
IN THAT THAT PERSON AT LEAST

410
00:12:31,867 --> 00:12:33,767
HAS TO HAVE KNOWLEDGE OF THE

411
00:12:33,767 --> 00:12:35,167
PRODUCTS THAT YOU'RE SELLING.

412
00:12:35,167 --> 00:12:37,800
WE ACTUALLY PAY ABOVE A

413
00:12:37,800 --> 00:12:39,033
STARTING MINIMUM WAGE, BUT

414
00:12:39,033 --> 00:12:40,833
FORCING ME TO PAY A CERTAIN

415
00:12:40,833 --> 00:12:42,333
AMOUNT DOESN'T GIVE ME THAT

416
00:12:42,333 --> 00:12:42,800
LEEWAY.

417
00:12:42,800 --> 00:12:44,667
PLUS WHEN I LOOK AT THE STAFF

418
00:12:44,667 --> 00:12:46,967
THAT I ACTUALLY HAVE, WHAT DO I

419
00:12:46,967 --> 00:12:49,100
HAVE TO DO TO THEM TO GET THEM

420
00:12:49,100 --> 00:12:51,333
THEIR SENIORITY THAT THEY

421
00:12:51,333 --> 00:12:53,333
CURRENTLY HAVE AS WELL?

422
00:12:53,333 --> 00:12:55,967
IT DOMINO EFFECTS DOWN THE

423
00:12:55,967 --> 00:12:56,467
LINE.

424
00:12:56,467 --> 00:12:57,633
>> YOU ARE CURRENTLY PAYING

425
00:12:57,633 --> 00:12:58,567
BEFORE $7.25.

426
00:12:58,567 --> 00:12:59,267
>> YES, MA'AM.

427
00:12:59,267 --> 00:13:00,400
>> WHAT ABOUT THE IDEA OF

428
00:13:00,400 --> 00:13:01,500
PHASING THAT INCREASE OVER A

429
00:13:01,500 --> 00:13:02,300
PERIOD OF TIME.

430
00:13:02,300 --> 00:13:03,433
HOW DO SMALL BUSINESSES FEEL

431
00:13:03,433 --> 00:13:04,133
LIKE THAT?

432
00:13:04,133 --> 00:13:05,533
IT SOUNDS LIKE YOU'RE NOT

433
00:13:05,533 --> 00:13:07,100
AGAINST RAISING THE MINIMUM

434
00:13:07,100 --> 00:13:07,600
WAGE --

435
00:13:07,600 --> 00:13:09,267
>> I'M NOT AGAINST BEING TOLD

436
00:13:09,267 --> 00:13:11,533
WHAT I HAVE TO PAY SOMEONE.

437
00:13:11,533 --> 00:13:12,567
I'M AGAINST BEING TOLD --

438
00:13:12,567 --> 00:13:13,267
EXCUSE ME.

439
00:13:13,267 --> 00:13:14,400
>> YOU ARE AGAINST BEING TOLD

440
00:13:14,400 --> 00:13:15,567
WHAT YOU HAVE TO PAY.

441
00:13:15,567 --> 00:13:17,000
NOT NECESSARILY AGAINST RAISING

442
00:13:17,000 --> 00:13:17,300
IT.

443
00:13:17,300 --> 00:13:18,000
>> CORRECT.

444
00:13:18,000 --> 00:13:19,467
SETTING A LIMIT FOR US, FOR A

445
00:13:19,467 --> 00:13:21,267
SMALL BUSINESS ITSELF, GIVE US

446
00:13:21,267 --> 00:13:24,000
THE LEEWAY OF GOING ABLE TO

447
00:13:24,000 --> 00:13:25,633
STAIR STEP PEOPLE UP THE

448
00:13:25,633 --> 00:13:26,100
LADDER.

449
00:13:26,100 --> 00:13:27,067
WE DO THAT NOW.

450
00:13:27,067 --> 00:13:28,767
MOST BUSINESSES DO THAT NOW

451
00:13:28,767 --> 00:13:30,167
BASED ON SENIORITY AS WELL.

452
00:13:30,167 --> 00:13:32,267
IF YOU EARN YOUR JOB, THEN YOU

453
00:13:32,267 --> 00:13:34,033
WILL GET PAID ACCORDINGLY.

454
00:13:34,033 --> 00:13:37,067
BUT BEING, SETTING A SET LIMIT

455
00:13:37,067 --> 00:13:39,567
AT SUCH UNSKILLED LABOR AT THIS

456
00:13:39,567 --> 00:13:41,267
TIME IS ONLY GOING TO RELATE TO

457
00:13:41,267 --> 00:13:42,300
INCREASED PRICES SOMEWHERE

458
00:13:42,300 --> 00:13:44,467
ELSE, OR THE FACT THAT WE WON'T

459
00:13:44,467 --> 00:13:45,267
HIRE SOMEONE.

460
00:13:45,267 --> 00:13:46,667
>> JOHN, YOU ARE A BUSINESS

461
00:13:46,667 --> 00:13:47,867
OWNER AS WELL.

462
00:13:47,867 --> 00:13:49,667
YOUR PERSPECTIVE.

463
00:13:49,667 --> 00:13:51,667
>> I HAVE AN I.T. COMPANY, AND

464
00:13:51,667 --> 00:13:52,800
SO PEOPLE MIGHT THINK I DON'T

465
00:13:52,800 --> 00:13:54,267
HAVE A DOG IN THIS HUNT.

466
00:13:54,267 --> 00:13:55,033
BUT I DO.

467
00:13:55,033 --> 00:13:57,400
BECAUSE WE HAVE AN INTERNSHIP

468
00:13:57,400 --> 00:13:58,333
PROGRAM.

469
00:13:58,333 --> 00:14:02,200
AND THOSE INTERNS, WE PAY $8 OR

470
00:14:02,200 --> 00:14:04,767
$9 AN HOUR, BUT THEN WE INVEST

471
00:14:04,767 --> 00:14:07,267
REALLY HEAVILY IN THEM IN

472
00:14:07,267 --> 00:14:09,200
MENTOR SHIP FROM THE OTHER I.T.

473
00:14:09,200 --> 00:14:12,267
PROFESSIONALS AND ALSO TRAINING

474
00:14:12,267 --> 00:14:12,800
RESOURCES.

475
00:14:12,800 --> 00:14:18,733
SO, FROM A BUSINESS OWNER'S

476
00:14:18,733 --> 00:14:19,767
PERSPECTIVE, ANY TIME YOU ADD

477
00:14:19,767 --> 00:14:20,400
SIGNIFICANT OVERHEAD TO

478
00:14:20,400 --> 00:14:21,200
SOMETHING, YOU HAVE TO LOOK AT

479
00:14:21,200 --> 00:14:22,533
WHERE ARE WE GOING TO MAKE THAT

480
00:14:22,533 --> 00:14:22,967
UP?

481
00:14:22,967 --> 00:14:25,000
FOR US CURTAILING THE NUMBER OF

482
00:14:25,000 --> 00:14:27,200
INTERNS THAT WE CAN HIRE IN A

483
00:14:27,200 --> 00:14:28,100
YEAR.

484
00:14:28,100 --> 00:14:29,500
IT'S UNFORTUNATE.

485
00:14:29,500 --> 00:14:31,367
IT REDUCES THE OPPORTUNITIES

486
00:14:31,367 --> 00:14:33,667
FOR PEOPLE WHO HAVE VERY LITTLE

487
00:14:33,667 --> 00:14:35,367
EXPERIENCE, VERY LITTLE

488
00:14:35,367 --> 00:14:37,367
EDUCATION, TO GET AN ENTRY INTO

489
00:14:37,367 --> 00:14:39,100
A HIGH-PAYING, GREAT

490
00:14:39,100 --> 00:14:40,000
PROFESSIONAL CAREER.

491
00:14:40,000 --> 00:14:41,800
>> SO, FOR YOU, RAISING THE

492
00:14:41,800 --> 00:14:42,833
MINIMUM WAGE WOULD DEFINITELY

493
00:14:42,833 --> 00:14:44,567
HURT BECAUSE THEY WOULDN'T HAVE

494
00:14:44,567 --> 00:14:45,733
ACCESS TO THOSE OPPORTUNITIES.

495
00:14:45,733 --> 00:14:46,867
THAT'S HOW YOU SEE IT?

496
00:14:46,867 --> 00:14:49,200
>> WELL, IT WOULD HURT US, BUT

497
00:14:49,200 --> 00:14:51,000
I THINK IT WOULD EQUALLY HURT

498
00:14:51,000 --> 00:14:52,267
THE PEOPLE WHO ARE TRYING TO

499
00:14:52,267 --> 00:14:53,667
JUST GET A LEG UP.

500
00:14:53,667 --> 00:14:54,967
SOMETHING BETTER THAN A MINIMUM

501
00:14:54,967 --> 00:14:55,533
WAGE JOB.

502
00:14:55,533 --> 00:14:56,967
>> WELL, LET'S TALK TO

503
00:14:56,967 --> 00:14:58,067
CHRISTIAN, WHO IS A YOUNG

504
00:14:58,067 --> 00:14:59,533
STUDENT HERE WITH US.

505
00:14:59,533 --> 00:15:01,033
VERY HAPPY TO HAVE YOU HERE

506
00:15:01,033 --> 00:15:01,800
WITH US TONIGHT.

507
00:15:01,800 --> 00:15:05,033
WE'RE TALKING ABOUT YOUNGSTERS

508
00:15:05,033 --> 00:15:06,633
EARNING MINIMUM WAGE OR IN

509
00:15:06,633 --> 00:15:07,333
MINIMUM WAGE JOBS.

510
00:15:07,333 --> 00:15:09,833
HOW DO YOU FEEL ABOUT THIS?

511
00:15:09,833 --> 00:15:11,767
>> I DO FEEL LIKE MINIMUM WAGE

512
00:15:11,767 --> 00:15:15,433
SHOULD BE INCREASED TO REALLY

513
00:15:15,433 --> 00:15:16,967
GIVE PEOPLE EARNING THE MINIMUM

514
00:15:16,967 --> 00:15:18,133
WAGE AN ABILITY TO KEEP UP WITH

515
00:15:18,133 --> 00:15:19,400
THE COST OF LIVING.

516
00:15:19,400 --> 00:15:21,133
I THINK THAT THE MINIMUM WAGE

517
00:15:21,133 --> 00:15:22,867
SHOULD BE A LIVABLE WAGE.

518
00:15:22,867 --> 00:15:26,867
YOU KNOW, THERE ARE SOME --

519
00:15:26,867 --> 00:15:28,867
THERE ARE SOME TIMES LIKE HE

520
00:15:28,867 --> 00:15:30,767
WAS SAYING WHERE, YOU KNOW,

521
00:15:30,767 --> 00:15:31,933
INCREASING THE MINIMUM WAGE

522
00:15:31,933 --> 00:15:33,133
MIGHT HURT PEOPLE TRYING TO

523
00:15:33,133 --> 00:15:34,733
GAIN AN INTERN EXPERIENCE OR

524
00:15:34,733 --> 00:15:35,700
SOMETHING LIKE THAT.

525
00:15:35,700 --> 00:15:38,267
LIKE SHE WAS SAYING, IT'S

526
00:15:38,267 --> 00:15:39,333
DIFFERENT FOR DIFFERENT

527
00:15:39,333 --> 00:15:39,833
SITUATIONS.

528
00:15:39,833 --> 00:15:40,967
BUT I THINK AS A WHOLE, THERE

529
00:15:40,967 --> 00:15:42,467
ARE A LOT OF PEOPLE TRYING TO

530
00:15:42,467 --> 00:15:44,000
MAKE A LIVING AT THE MINIMUM

531
00:15:44,000 --> 00:15:47,200
WAGE, AND I THINK WE DO NEED TO

532
00:15:47,200 --> 00:15:48,533
RECOGNIZE THAT AND SAY, YOU

533
00:15:48,533 --> 00:15:50,433
KNOW, SOMEONE WORKING 40 HOURS

534
00:15:50,433 --> 00:15:51,733
A WEEK, SOMEONE DOING WHAT THEY

535
00:15:51,733 --> 00:15:53,500
NEED TO BE DOING, WORKING A

536
00:15:53,500 --> 00:15:54,667
FULL-TIME JOB SHOULD BE ABLE TO

537
00:15:54,667 --> 00:15:56,967
HAVE A WAGE THAT THEY CAN LIVE

538
00:15:56,967 --> 00:15:58,867
OFF OF COMFORTABLY AND WITHOUT

539
00:15:58,867 --> 00:16:00,267
HAVING TO LIVE PAYCHECK TO

540
00:16:00,267 --> 00:16:01,467
PAYCHECK, WITHOUT HAVING TO

541
00:16:01,467 --> 00:16:03,733
WORRY ABOUT AM I GOING TO BE

542
00:16:03,733 --> 00:16:04,900
ABLE TO EAT NEXT WEEK?

543
00:16:04,900 --> 00:16:06,167
THEY SHOULD BE ABLE TO HAVE

544
00:16:06,167 --> 00:16:08,933
THAT COMFORT AS A FULL-TIME

545
00:16:08,933 --> 00:16:09,433
WORKER.

546
00:16:09,433 --> 00:16:10,833
>> YOU SEE THAT BY RAISING THE

547
00:16:10,833 --> 00:16:12,633
MINIMUM WAGE, IT WOULD HELP THE

548
00:16:12,633 --> 00:16:13,633
LOW-INCOME EARNERS.

549
00:16:13,633 --> 00:16:15,333
>> I DO.

550
00:16:15,333 --> 00:16:16,800
OBVIOUSLY THERE WILL BE SOME

551
00:16:16,800 --> 00:16:18,533
PEOPLE WHO WILL BE NEGATIVELY

552
00:16:18,533 --> 00:16:19,667
AFFECTED BY THE MINIMUM WAGE.

553
00:16:19,667 --> 00:16:21,067
THAT IS DEFINITELY TRUE.

554
00:16:21,067 --> 00:16:23,633
BUT I THINK AS A WHOLE, IT WILL

555
00:16:23,633 --> 00:16:25,200
BENEFIT MORE PEOPLE THAN IT

556
00:16:25,200 --> 00:16:25,900
WILL HURT.

557
00:16:25,900 --> 00:16:27,467
>> DR. THOMAS, YOUR THOUGHTS.

558
00:16:27,467 --> 00:16:29,833
>> I FEEL THE SAME WAY, TOO.

559
00:16:29,833 --> 00:16:32,600
IT WILL HELP SOME, AND OTHERS

560
00:16:32,600 --> 00:16:36,067
IT WILL HINDER, BUT OVERALL,

561
00:16:36,067 --> 00:16:37,733
EVERYTHING IS CHANGING.

562
00:16:37,733 --> 00:16:40,867
AND THE BASIC NECESSITY, THE

563
00:16:40,867 --> 00:16:43,067
STEADY INCREASING, THE COST OF

564
00:16:43,067 --> 00:16:44,500
LIVING, EVERYDAY LIVING, AND IT

565
00:16:44,500 --> 00:16:45,967
IS VERY DIFFICULT TO LIVE ON

566
00:16:45,967 --> 00:16:46,933
THE MINIMUM WAGE.

567
00:16:46,933 --> 00:16:48,600
>> UH-HMM.

568
00:16:48,600 --> 00:16:49,567
MATTHEW, YOUR THOUGHTS.

569
00:16:49,567 --> 00:16:50,767
>> I DISAGREE WITH THEM.

570
00:16:50,767 --> 00:16:55,867
I THINK IT IS AN IMMORALE TRADE

571
00:16:55,867 --> 00:16:57,167
OFFTO GIVE ONE GROUP AN

572
00:16:57,167 --> 00:16:59,533
INCREASE IN THE WAGE AND GIVE

573
00:16:59,533 --> 00:17:00,900
THE OTHER GROUP PINK SLIPS.

574
00:17:00,900 --> 00:17:03,867
I WOULD BE NOT IN FAVOR OF

575
00:17:03,867 --> 00:17:05,100
RAISING THE MINIMUM WAGE

576
00:17:05,100 --> 00:17:07,467
BECAUSE IT -- IT -- IT MAKES IT

577
00:17:07,467 --> 00:17:10,167
MORE EXPENSIVE TO GIVE YOUNG

578
00:17:10,167 --> 00:17:13,567
PEOPLE OPPORTUNITIES, LIKE JOHN

579
00:17:13,567 --> 00:17:17,167
SAID, AND ALSO THAT'S THE MAIN

580
00:17:17,167 --> 00:17:17,533
POINT.

581
00:17:17,533 --> 00:17:18,667
>> YEAH, YEAH.

582
00:17:18,667 --> 00:17:21,133
YOU SAID YOU THINK IT WOULD BE

583
00:17:21,133 --> 00:17:22,567
IMMORAL IS THAT RIGHT?

584
00:17:22,567 --> 00:17:26,133
>> IT IS IMMORAL TO PASS A BILL

585
00:17:26,133 --> 00:17:28,767
THAT HELPS ONE GROUP, BUT THEN

586
00:17:28,767 --> 00:17:30,867
JUST COMPLETELY BRINGS ONE

587
00:17:30,867 --> 00:17:33,667
GROUP FROM $7.25 PER HOUR OR A

588
00:17:33,667 --> 00:17:36,000
LITTLE ABOVE, DOWN TO ZERO

589
00:17:36,000 --> 00:17:37,667
DOLLARS AN HOUR.

590
00:17:37,667 --> 00:17:39,667
>> ERICA, I WOULD LIKE FOR YOU

591
00:17:39,667 --> 00:17:40,567
TO JUMP IN ON THIS.

592
00:17:40,567 --> 00:17:42,200
I HAVE A FEELING THAT YOU

593
00:17:42,200 --> 00:17:43,133
DISAGREE WITH THAT.

594
00:17:43,133 --> 00:17:44,000
>> I DO DISAGREE.

595
00:17:44,000 --> 00:17:45,500
I SUPPORT AN INCREASE IN THE

596
00:17:45,500 --> 00:17:46,567
MINIMUM WAGE.

597
00:17:46,567 --> 00:17:48,033
I DON'T WANT TO REITERATE WHAT

598
00:17:48,033 --> 00:17:49,767
I THINK SO MANY PEOPLE HAVE

599
00:17:49,767 --> 00:17:50,867
SAID ELOQUENTLY HERE.

600
00:17:50,867 --> 00:17:52,767
SOME OF THE POINTS BROUGHT OUT

601
00:17:52,767 --> 00:17:54,100
IN THE PRESENTATION.

602
00:17:54,100 --> 00:17:55,367
THE MINIMUM WAGE IN PARTICULAR

603
00:17:55,367 --> 00:17:57,767
HAS BEEN KEPT ARTIFICIALLY LOW

604
00:17:57,767 --> 00:17:59,567
BECAUSE MINIMUM WAGE WAS NEVER

605
00:17:59,567 --> 00:18:00,600
INDEXED TO INFLATION.

606
00:18:00,600 --> 00:18:02,000
AS MR. MULLER SAID IN THE

607
00:18:02,000 --> 00:18:03,033
PRESENTATION, IF THE MINIMUM

608
00:18:03,033 --> 00:18:04,367
WAGE HAD KEPT PACE WITH

609
00:18:04,367 --> 00:18:06,267
INFLATION BY BEING INDEXED, FOR

610
00:18:06,267 --> 00:18:08,333
EXAMPLE, CONSUMER PRICE INDEX,

611
00:18:08,333 --> 00:18:10,567
IT WOULD BE OVER $10 AN HOUR

612
00:18:10,567 --> 00:18:11,733
NOW AND SMALL BUSINESSES WOULD

613
00:18:11,733 --> 00:18:13,567
HAVE HAD, ALL BUSINESSES, BUT

614
00:18:13,567 --> 00:18:15,033
PARTICULARLY SMALL BUSINESSES

615
00:18:15,033 --> 00:18:16,800
WOULD HAVE HAD THAT KNOWLEDGE

616
00:18:16,800 --> 00:18:17,933
ANNUALLY THAT THEY WERE GOING

617
00:18:17,933 --> 00:18:19,800
TO HAVE TO INCREASE WAGES EVERY

618
00:18:19,800 --> 00:18:20,233
YEAR.

619
00:18:20,233 --> 00:18:21,700
I THINK THESE PERIODIC JUMPS

620
00:18:21,700 --> 00:18:25,167
THAT HAD TO BE LEGISLATED GIVE

621
00:18:25,167 --> 00:18:26,300
BUSINESSES A SHOCK.

622
00:18:26,300 --> 00:18:28,000
I ALSO THINK THAT, YOU KNOW, AS

623
00:18:28,000 --> 00:18:29,200
OTHER PEOPLE HAVE SAID HERE,

624
00:18:29,200 --> 00:18:30,933
PEOPLE WHO ARE WORKING FOR A

625
00:18:30,933 --> 00:18:32,300
LIVING SHOULD NOT ALSO HAVE TO

626
00:18:32,300 --> 00:18:34,300
WORK TWO AND THREE JOBS JUST TO

627
00:18:34,300 --> 00:18:36,467
MAKE IT AND SHOULD NOT NEED TO

628
00:18:36,467 --> 00:18:37,933
RELY ON PUBLIC ASSISTANCE TO

629
00:18:37,933 --> 00:18:38,967
MAKE IT THROUGH THE WEEK.

630
00:18:38,967 --> 00:18:40,200
>> VERY, VERY INTERESTING POINT

631
00:18:40,200 --> 00:18:40,633
HERE.

632
00:18:40,633 --> 00:18:41,700
MICHAEL, BEFORE WE GO TO BREAK,

633
00:18:41,700 --> 00:18:42,967
I WOULD LIKE TO GET YOUR

634
00:18:42,967 --> 00:18:43,467
THOUGHTS.

635
00:18:43,467 --> 00:18:44,500
IT WAS INTERESTING THAT MATTHEW

636
00:18:44,500 --> 00:18:45,667
LOOKED AT IT IN TERMS OF

637
00:18:45,667 --> 00:18:47,433
WHETHER IT IS MORAL OR IMMORAL

638
00:18:47,433 --> 00:18:49,200
AND HE FALLS ON THE SIDE OF

639
00:18:49,200 --> 00:18:54,400
ITTING  -- IT BEING AN IMMORAL

640
00:18:54,400 --> 00:18:55,800
THING TO DO.

641
00:18:55,800 --> 00:18:57,433
>> I GUESS AT THIS POINT, A

642
00:18:57,433 --> 00:18:59,200
MORAL LOOK, I LOOK AT IT AS

643
00:18:59,200 --> 00:19:00,933
PERHAPS A POLITICAL LOOK.

644
00:19:00,933 --> 00:19:04,767
IN REGARDS TO WHY THE

645
00:19:04,767 --> 00:19:07,067
MARKETPLACE SHOULD NOT TAKE

646
00:19:07,067 --> 00:19:10,900
CONTROL OF WHAT THE WAGES THEY

647
00:19:10,900 --> 00:19:15,167
PAY ARE AND WHY IT NEEDS TO BE

648
00:19:15,167 --> 00:19:17,933
LEGISLATED AS ERICA BELIEVES,

649
00:19:17,933 --> 00:19:19,900
IS THERE IS A SET PRICE OR

650
00:19:19,900 --> 00:19:20,900
BOTTOM-LINE PRICE, IF YOU

651
00:19:20,900 --> 00:19:21,367
WILL --

652
00:19:21,367 --> 00:19:22,400
>> YOU ARE AGAINST RAISING --

653
00:19:22,400 --> 00:19:23,267
>> I AM.

654
00:19:23,267 --> 00:19:24,467
I AM.

655
00:19:24,467 --> 00:19:26,567
PREDOMINANTLY FOR THE REASONS

656
00:19:26,567 --> 00:19:28,400
OF ECONOMICS AND WHEN FOLKS

657
00:19:28,400 --> 00:19:30,967
LIKE DR. SCOTT AND OTHER

658
00:19:30,967 --> 00:19:33,333
ECONOMISTS COME OUT AND SAY

659
00:19:33,333 --> 00:19:34,867
IT'S A BAD IDEA, THEY'RE

660
00:19:34,867 --> 00:19:35,733
SMARTER THAN I AM.

661
00:19:35,733 --> 00:19:36,433
>> OKAY.

662
00:19:36,433 --> 00:19:37,600
WE'RE GOING TO LEAVE IT RIGHT

663
00:19:37,600 --> 00:19:38,600
THERE FOR RIGHT NOW.

664
00:19:38,600 --> 00:19:40,067
THAT'S ALL OF THE TIME WE HAVE

665
00:19:40,067 --> 00:19:41,167
FOR THIS PORTION OF OUR SHOW.

666
00:19:41,167 --> 00:19:42,433
WHEN WE RETURN, WE WILL BE

667
00:19:42,433 --> 00:19:44,633
JOINED BY A PANEL OF EXPERTS TO

668
00:19:44,633 --> 00:19:46,000
FURTHER EXPLORE LOUISIANA AND

669
00:19:46,000 --> 00:19:46,867
THE MINIMUM WAGE.

670
00:19:46,867 --> 00:19:48,000
STAY WITH US.

671
00:19:48,000 --> 00:19:56,867
WE'LL BE RIGHT BACK.

672
00:19:56,867 --> 00:19:58,100
>>> WELCOME BACK TO

673
00:19:58,100 --> 00:19:58,867
"LOUISIANA PUBLIC SQUARE."

674
00:19:58,867 --> 00:20:00,700
TONIGHT WE'RE DISCUSSING

675
00:20:00,700 --> 00:20:03,333
LOUISIANA AND THE MINIMUM WAGE.

676
00:20:03,333 --> 00:20:05,000
JOINING US NOW IS OUR PANEL

677
00:20:05,000 --> 00:20:06,367
OF EXPERTS.

678
00:20:06,367 --> 00:20:07,367
STATE REPRESENTATIVE HERBERT

679
00:20:07,367 --> 00:20:08,400
DIXON HAS BEEN SERVING

680
00:20:08,400 --> 00:20:09,433
DISTRICT 26, WHICH INCLUDES

681
00:20:09,433 --> 00:20:13,467
ALEXANDRIA AND PINEVILLE,

682
00:20:13,467 --> 00:20:15,633
SINCE 2007.

683
00:20:15,633 --> 00:20:17,033
HE CURRENTLY CHAIRS THE

684
00:20:17,033 --> 00:20:18,600
LABOR AND INDUSTRIAL

685
00:20:18,600 --> 00:20:19,433
RELATIONS COMMITTEE AND IS

686
00:20:19,433 --> 00:20:20,300
INTRODUCING LEGISLATION TO

687
00:20:20,300 --> 00:20:21,100
ESTABLISH A STATE MINIMUM

688
00:20:21,100 --> 00:20:22,033
WAGE.

689
00:20:22,033 --> 00:20:23,200
DR. ROBERT HEBERT IS AN

690
00:20:23,200 --> 00:20:25,500
ECONOMIST AND EMERITUS

691
00:20:25,500 --> 00:20:26,567
PROFESSOR OF ENTREPRENEURIAL

692
00:20:26,567 --> 00:20:27,567
STUDIES AT AUBURN.

693
00:20:27,567 --> 00:20:32,633
A LOUISIANA NATIVE,

694
00:20:32,633 --> 00:20:33,767
AND THE UNIVERSITY OF

695
00:20:33,767 --> 00:20:35,000
LOUISIANA AT LAFAYETTE.

696
00:20:35,000 --> 00:20:36,300
HE IS A FULBRIGHT SENIOR

697
00:20:36,300 --> 00:20:37,933
RESEARCH SCHOLAR.

698
00:20:37,933 --> 00:20:39,000
DAVID GRAY IS A POLICY

699
00:20:39,000 --> 00:20:40,033
ANALYST FOR THE LOUISIANA

700
00:20:40,033 --> 00:20:40,933
BUDGET PROJECT, AN INDEPENDENT

701
00:20:40,933 --> 00:20:41,900
NONPROFIT THAT STUDIES HOW

702
00:20:41,900 --> 00:20:42,833
FISCAL ISSUES IMPACT

703
00:20:42,833 --> 00:20:44,467
LOUISIANA'S LOW AND MODERATE

704
00:20:44,467 --> 00:20:46,300
INCOME FAMILIES.

705
00:20:46,300 --> 00:20:47,500
HIS MOST RECENT REPORT

706
00:20:47,500 --> 00:20:48,967
"LOUISIANA NEEDS A HIGHER

707
00:20:48,967 --> 00:20:50,667
WAGE" EXPLORES THE BENEFITS

708
00:20:50,667 --> 00:20:51,833
OF ESTABLISHING A MINIMUM

709
00:20:51,833 --> 00:20:53,667
WAGE IN LOUISIANA.

710
00:20:53,667 --> 00:20:54,867
JIM PATTERSON IS THE VICE

711
00:20:54,867 --> 00:20:56,333
PRESIDENT OF GOVERNMENTAL

712
00:20:56,333 --> 00:20:57,133
RELATIONS FOR THE LOUISIANA

713
00:20:57,133 --> 00:21:04,100
ASSOCIATION OF BUSINESS AND

714
00:21:04,100 --> 00:21:07,667
INDUSTRY, OR LABI.

715
00:21:07,667 --> 00:21:09,200
SO BEFORE WE GO TO OUR

716
00:21:09,200 --> 00:21:10,600
AUDIENCE, I'M GOING TO FIRST OF

717
00:21:10,600 --> 00:21:12,200
ALL THANK ALL OF YOU FOR BEING

718
00:21:12,200 --> 00:21:13,033
HERE WITH US TONIGHT.

719
00:21:13,033 --> 00:21:14,433
A GREAT TOPIC, A GREAT

720
00:21:14,433 --> 00:21:15,100
AUDIENCE.

721
00:21:15,100 --> 00:21:16,133
I KNOW WE'RE GOING TO HAVE A

722
00:21:16,133 --> 00:21:16,967
GREAT DISCUSSION.

723
00:21:16,967 --> 00:21:18,467
BEFORE WE GET TO THE AUDIENCE

724
00:21:18,467 --> 00:21:19,800
QUESTIONS, LET'S START WITH YOU

725
00:21:19,800 --> 00:21:20,900
ALL BRIEFLY EXPLAINING WHERE

726
00:21:20,900 --> 00:21:22,400
YOU ARE ON THIS ISSUE.

727
00:21:22,400 --> 00:21:23,433
REPRESENTATIVE DIXON, LET'S

728
00:21:23,433 --> 00:21:24,200
START WITH YOU.

729
00:21:24,200 --> 00:21:26,233
YOU ARE ACTUALLY PROPOSING

730
00:21:26,233 --> 00:21:27,200
LEGISLATION DURING THIS SESSION

731
00:21:27,200 --> 00:21:29,000
THAT ADDRESSES THE MINIMUM WAGE

732
00:21:29,000 --> 00:21:29,400
ISSUE.

733
00:21:29,400 --> 00:21:31,233
>> YES, I THINK THE AUDIENCE

734
00:21:31,233 --> 00:21:33,933
KNOW RIGHT OFF I'M FOR A

735
00:21:33,933 --> 00:21:34,633
MINIMUM WAGE.

736
00:21:34,633 --> 00:21:36,933
WHAT I TRY TO DO IS PHASE IN

737
00:21:36,933 --> 00:21:37,600
THE INCREASE.

738
00:21:37,600 --> 00:21:39,800
I THINK SOME OF THE AUDIENCE

739
00:21:39,800 --> 00:21:41,467
MEMBERS MENTIONED THE PHASE-IN

740
00:21:41,467 --> 00:21:43,033
MAY BE A BETTER WAY FOR

741
00:21:43,033 --> 00:21:44,167
BUSINESSES TO COPE WITH THE

742
00:21:44,167 --> 00:21:47,200
INCREASE OF THE MINIMUM WAGE.

743
00:21:47,200 --> 00:21:48,667
MY BILL IS GOING TO BE

744
00:21:48,667 --> 00:21:49,800
INTRODUCED THIS SESSION.

745
00:21:49,800 --> 00:21:52,800
AND IT GOES FROM $7.25, TO

746
00:21:52,800 --> 00:21:54,067
$8.25, NOT THIS YEAR BUT NEXT

747
00:21:54,067 --> 00:21:56,300
YEAR, AND THEN A DOLLAR ADDED

748
00:21:56,300 --> 00:21:58,833
ON TOP OF THAT, 75 CENTS ADDED

749
00:21:58,833 --> 00:22:00,800
ON TOP OF THAT A YEAR LATER TO

750
00:22:00,800 --> 00:22:01,833
GET IT TO $9.

751
00:22:01,833 --> 00:22:04,033
AND THEN THE CONSUMER PRICE

752
00:22:04,033 --> 00:22:05,600
INDEX THEN WILL SET THE MINIMUM

753
00:22:05,600 --> 00:22:07,933
WAGE FROM THAT PERIOD ON.

754
00:22:07,933 --> 00:22:09,533
STARTING IN 2017.

755
00:22:09,533 --> 00:22:10,733
>> DR. HEBERT.

756
00:22:10,733 --> 00:22:12,133
>> WELL, SHAUNA, YOU MENTIONED

757
00:22:12,133 --> 00:22:14,067
IN THE INTRODUCTORY REMARKS

758
00:22:14,067 --> 00:22:15,867
THAT THERE IS A HISTORY OF

759
00:22:15,867 --> 00:22:16,867
MINIMUM WAGE LEGISLATION.

760
00:22:16,867 --> 00:22:18,533
WE HAD OUR FIRST MINIMUM WAGE

761
00:22:18,533 --> 00:22:19,867
SET IN 1938.

762
00:22:19,867 --> 00:22:22,500
AND IT HAS BEEN, AS YOU SAID,

763
00:22:22,500 --> 00:22:25,067
INCREASED 25 TIMES SINCE THEN.

764
00:22:25,067 --> 00:22:26,767
SO, WE HAVE A HISTORY.

765
00:22:26,767 --> 00:22:28,367
IT SEEMS TO ME WE OUGHT TO USE

766
00:22:28,367 --> 00:22:30,500
THIS HISTORY, TRY TO USE THIS

767
00:22:30,500 --> 00:22:32,100
HISTORY IN ORDER TO GAUGE

768
00:22:32,100 --> 00:22:33,133
WHETHER OR NOT OVER THE 25

769
00:22:33,133 --> 00:22:34,967
TIMES THAT THE MINIMUM WAGE HAS

770
00:22:34,967 --> 00:22:37,000
INCREASED HOW EFFECTIVE HAS IT

771
00:22:37,000 --> 00:22:38,800
BEEN IN ALLEVIATING POVERTY.

772
00:22:38,800 --> 00:22:42,367
THE STUDIES THAT I'VE SEEN,

773
00:22:42,367 --> 00:22:43,733
UNFORTUNATELY, JUST DON'T BEAR

774
00:22:43,733 --> 00:22:45,767
OUT THE EXPECTATIONS THAT

775
00:22:45,767 --> 00:22:48,167
PEOPLE HAD FOR PROPOSING A

776
00:22:48,167 --> 00:22:49,033
MINIMUM WAGE.

777
00:22:49,033 --> 00:22:50,433
EACH AND EVERYONE OF THE 25

778
00:22:50,433 --> 00:22:53,267
TIMES IT CAME UP FOR

779
00:22:53,267 --> 00:22:53,800
CONSIDERATION.

780
00:22:53,800 --> 00:22:54,433
WHY IS THAT?

781
00:22:54,433 --> 00:22:56,100
I THINK THERE ARE THREE MAIN

782
00:22:56,100 --> 00:22:56,633
REASONS.

783
00:22:56,633 --> 00:22:58,200
FIRST YOU HAVE WHAT WE CALL,

784
00:22:58,200 --> 00:23:00,767
WHAT ECONOMISTS CALL TARGET

785
00:23:00,767 --> 00:23:01,333
INEFFICIENCY.

786
00:23:01,333 --> 00:23:02,733
THE BENEFITS SIMPLY DON'T GET

787
00:23:02,733 --> 00:23:04,533
TO THE PEOPLE THEY'RE INTENDED

788
00:23:04,533 --> 00:23:05,433
TO GO TO.

789
00:23:05,433 --> 00:23:08,233
LESS THAN 12%, ACCORDING TO THE

790
00:23:08,233 --> 00:23:09,367
BACKGROUND INFORMATION, LESS

791
00:23:09,367 --> 00:23:10,900
THAN 12% OF MINIMUM WAGE

792
00:23:10,900 --> 00:23:13,333
WORKERS ACTUALLY LIVE IN POOR

793
00:23:13,333 --> 00:23:14,000
HOUSEHOLDS.

794
00:23:14,000 --> 00:23:15,300
AND CLOSE TO HALF OF MINIMUM

795
00:23:15,300 --> 00:23:17,933
WAGE WORKERS LIVE IN A

796
00:23:17,933 --> 00:23:19,967
HOUSEHOLD THAT HAVE THREE TIMES

797
00:23:19,967 --> 00:23:23,333
THE LEVEL, SO-CALLED POVERTY

798
00:23:23,333 --> 00:23:23,767
LEVEL.

799
00:23:23,767 --> 00:23:24,933
THAT'S BECAUSE IN MANY

800
00:23:24,933 --> 00:23:26,333
HOUSEHOLDS, YOU HAVE SECOND AND

801
00:23:26,333 --> 00:23:27,467
THIRD WAGE EARNERS.

802
00:23:27,467 --> 00:23:29,367
THESE WAGE EARNERS ARE

803
00:23:29,367 --> 00:23:30,233
INVARIABLY YOUNG.

804
00:23:30,233 --> 00:23:32,367
IN FACT, ONLY 3% OF MINIMUM

805
00:23:32,367 --> 00:23:35,667
WAGE EARNERS ARE ABOVE 25 YEARS

806
00:23:35,667 --> 00:23:36,000
OLD.

807
00:23:36,000 --> 00:23:36,833
SECOND CONSIDERATION THAT I

808
00:23:36,833 --> 00:23:38,300
THINK WE SHOULD RECOGNIZE --

809
00:23:38,300 --> 00:23:40,267
>> DR. HEBERT, I WILL LET YOU

810
00:23:40,267 --> 00:23:41,500
MAKE THAT POINT.

811
00:23:41,500 --> 00:23:43,400
BUT IF WE COULD HAVE THE OTHERS

812
00:23:43,400 --> 00:23:44,900
TO BRIEFLY GIVE THEIR POINT, WE

813
00:23:44,900 --> 00:23:47,333
WILL COME BACK TO YOU.

814
00:23:47,333 --> 00:23:48,000
THANK YOU.

815
00:23:48,000 --> 00:23:51,467
DO YOU TAKE ISSUE WITH WHAT DR.

816
00:23:51,467 --> 00:23:52,467
HEBERT HAS SAID?

817
00:23:52,467 --> 00:23:53,800
>> I THINK DR. HEBERT'S

818
00:23:53,800 --> 00:23:55,467
COMMENTS ARE MADE FROM ECONOMIC

819
00:23:55,467 --> 00:23:56,667
STUDIES AND THEORIES ARE GOOD.

820
00:23:56,667 --> 00:23:58,333
IF YOU LOOK AT THE REALITY IN

821
00:23:58,333 --> 00:24:00,600
STATES AND CITIES THAT HAVE

822
00:24:00,600 --> 00:24:01,600
RAISED THE MINIMUM WAGE,

823
00:24:01,600 --> 00:24:03,667
PUTTING MORE MONEY IN THE

824
00:24:03,667 --> 00:24:04,933
RESIDENTS' POCKET, THEY HAVE

825
00:24:04,933 --> 00:24:07,233
SPENT THE MONEY IN THE LOCAL

826
00:24:07,233 --> 00:24:08,367
ECONOMIES, SUPPORTED SMALL

827
00:24:08,367 --> 00:24:09,467
BUSINESSES AND HAVE ALLOWED

828
00:24:09,467 --> 00:24:11,500
THOSE CITIES AND THOSE STATES

829
00:24:11,500 --> 00:24:12,867
TO GROW AND INCREASE JOBS.

830
00:24:12,867 --> 00:24:15,500
SO, A LOT OF OUR ANALYSIS AT

831
00:24:15,500 --> 00:24:17,733
THE LOUISIANA BUDGET PROJECT

832
00:24:17,733 --> 00:24:20,000
LOOKS AT OUR STATE, NOT

833
00:24:20,000 --> 00:24:22,000
NATIONALLY, WHAT THE ECONOMIC

834
00:24:22,000 --> 00:24:23,167
IMPACT OF A MINIMUM WAGE WOULD

835
00:24:23,167 --> 00:24:24,433
BE IN LOUISIANA.

836
00:24:24,433 --> 00:24:26,700
WE FOUND IF WE RAISE THE

837
00:24:26,700 --> 00:24:28,267
MINIMUM WAGE TO $10.10 AS YOU

838
00:24:28,267 --> 00:24:29,900
MENTIONED IN THE OPENING, THAT

839
00:24:29,900 --> 00:24:31,933
WOULD HELP CLOSE TO 500,000

840
00:24:31,933 --> 00:24:32,933
EMPLOYEES IN LOUISIANA PUT

841
00:24:32,933 --> 00:24:33,967
CLOSE TO $700 MILLION IN THE

842
00:24:33,967 --> 00:24:36,600
STATE ECONOMY AND ULTIMATELY

843
00:24:36,600 --> 00:24:38,500
PRODUCE 3,300 NEW JOBS AT A

844
00:24:38,500 --> 00:24:39,967
TIME WHEN LOUISIANA NEEDS MORE

845
00:24:39,967 --> 00:24:40,333
JOBS.

846
00:24:40,333 --> 00:24:41,733
>> JIM, I WOULD LIKE TO GET

847
00:24:41,733 --> 00:24:42,367
YOUR COMMENTS.

848
00:24:42,367 --> 00:24:44,167
YOU REPRESENT THOSE EMPLOYERS.

849
00:24:44,167 --> 00:24:45,500
>> YES, WE DO.

850
00:24:45,500 --> 00:24:46,867
I THINK IT IS IMPORTANT FOR

851
00:24:46,867 --> 00:24:48,400
YOUR VIEWERS AND THE FOLKS HERE

852
00:24:48,400 --> 00:24:51,267
IN THE AUDIENCE TO APPRECIATE

853
00:24:51,267 --> 00:24:54,067
THAT THE KIND OF

854
00:24:54,067 --> 00:24:55,133
DECISION-MAKING PROCESS THAT

855
00:24:55,133 --> 00:24:56,167
EMPLOYERS WOULD GO THROUGH IF

856
00:24:56,167 --> 00:24:58,100
FACED WITH A COST INCREASE IS

857
00:24:58,100 --> 00:24:59,633
NO DIFFERENT THAN THE ONE THAT

858
00:24:59,633 --> 00:25:02,567
THEY MAKE AS -- AS CONSUMERS.

859
00:25:02,567 --> 00:25:04,333
IF, FOR EXAMPLE, YOU GO AND YOU

860
00:25:04,333 --> 00:25:07,700
BUY A CUP OF COFFEE, AS YOU GO

861
00:25:07,700 --> 00:25:09,167
TO WORK IN THE MORNING.

862
00:25:09,167 --> 00:25:10,533
LET'S SAY THE GOVERNMENT

863
00:25:10,533 --> 00:25:12,533
DECIDES TO RAISE THE PRICE ON

864
00:25:12,533 --> 00:25:14,400
THAT COFFEE TO A DOLLAR MORE.

865
00:25:14,400 --> 00:25:15,767
NOW YOU HAVE A DECISION TO

866
00:25:15,767 --> 00:25:16,300
MAKE.

867
00:25:16,300 --> 00:25:18,733
PERHAPS YOU CAN GO TO YOUR

868
00:25:18,733 --> 00:25:22,267
PLAYER -- EMPLOYER AND GET THE

869
00:25:22,267 --> 00:25:23,533
EMPLOYER TO UNDERWRITE THAT

870
00:25:23,533 --> 00:25:24,600
COST WITH A RAISE.

871
00:25:24,600 --> 00:25:26,533
WE ARE TALKING LIKE $5 A WEEK

872
00:25:26,533 --> 00:25:29,900
AND SOMETHING CLOSE TO $250 A

873
00:25:29,900 --> 00:25:30,367
YEAR.

874
00:25:30,367 --> 00:25:31,233
IF THE EMPLOYER SAYS NO, THEN

875
00:25:31,233 --> 00:25:32,433
YOU HAVE TO FIGURE OUT ANOTHER

876
00:25:32,433 --> 00:25:33,700
WAY OF DEALING WITH THAT.

877
00:25:33,700 --> 00:25:35,767
AND YOU MIGHT DECIDE, WELL,

878
00:25:35,767 --> 00:25:37,967
I'LL FORGO THAT CUP OF COFFEE.

879
00:25:37,967 --> 00:25:43,600
MAYBE YOU ARE USED TO GETTING A

880
00:25:43,600 --> 00:25:47,767
DANISH WITH THAT COFFEE.

881
00:25:47,767 --> 00:25:48,933
EMPLOYERS ARE GOING TO GO

882
00:25:48,933 --> 00:25:51,867
THROUGH THE SAME KIND OF

883
00:25:51,867 --> 00:25:53,133
DECISION-MAKING PROCESS WHERE

884
00:25:53,133 --> 00:25:55,033
IT REGARDS THEIR WORKERS IF

885
00:25:55,033 --> 00:25:56,800
MADE TO PAY CLOSE TO $3 AN HOUR

886
00:25:56,800 --> 00:25:58,100
MORE FOR THEIR WORKERS.

887
00:25:58,100 --> 00:25:59,667
>> LET'S GET SOME REACTION FROM

888
00:25:59,667 --> 00:26:00,800
OUR AUDIENCE MEMBERS AND

889
00:26:00,800 --> 00:26:01,367
QUESTIONS.

890
00:26:01,367 --> 00:26:02,500
I KNOW THAT YOU ALL HAVE A LOT

891
00:26:02,500 --> 00:26:04,000
OF QUESTIONS FOR OUR GUESTS.

892
00:26:04,000 --> 00:26:05,900
LET'S START WITH YOU.

893
00:26:05,900 --> 00:26:08,233
>> MY QUESTION IS, IF AUSTRALIA

894
00:26:08,233 --> 00:26:10,767
HAS A MINIMUM WAGE AT $15 AN

895
00:26:10,767 --> 00:26:13,167
HOUR AND THEY HAVE AN

896
00:26:13,167 --> 00:26:14,767
UNEMPLOYMENT RATE LOWER THAN

897
00:26:14,767 --> 00:26:17,467
OURS, 5.6% AS OF LAST AUGUST.

898
00:26:17,467 --> 00:26:18,933
WHY IS IT SO CONTROVERSIAL FOR

899
00:26:18,933 --> 00:26:20,233
US TO RAISE THE MINIMUM WAGE

900
00:26:20,233 --> 00:26:21,667
WHEN CLEARLY THEIR ECONOMY IS

901
00:26:21,667 --> 00:26:22,467
DOING BETTER?

902
00:26:22,467 --> 00:26:24,700
>> I THINK YOU BRING A GOOD

903
00:26:24,700 --> 00:26:25,467
POINT.

904
00:26:25,467 --> 00:26:28,333
CITIES AND STATES THAT HAVE

905
00:26:28,333 --> 00:26:29,800
RAISED THE MINIMUM WAGE, AND

906
00:26:29,800 --> 00:26:31,133
THAT HAVE MINIMUM WAGES HIGHER

907
00:26:31,133 --> 00:26:33,667
THAN THE FEDERAL LEVEL, YOU

908
00:26:33,667 --> 00:26:35,100
DON'T SEE MASSIVE UNEMPLOYMENT.

909
00:26:35,100 --> 00:26:37,200
YOU DON'T SEE MASS LAYOFFS IN

910
00:26:37,200 --> 00:26:38,000
SMALL BUSINESSES.

911
00:26:38,000 --> 00:26:39,000
THAT DOESN'T HAPPEN.

912
00:26:39,000 --> 00:26:40,267
THE REASON THAT DOESN'T HAPPEN,

913
00:26:40,267 --> 00:26:41,733
WHEN EMPLOYEES ARE PAID MORE,

914
00:26:41,733 --> 00:26:43,133
THEY'RE MORE MOTIVATED TO WORK,

915
00:26:43,133 --> 00:26:44,567
WHICH MEANS BUSINESSES ARE NOT

916
00:26:44,567 --> 00:26:46,233
SPENDING MONEY TO GO OUT AND

917
00:26:46,233 --> 00:26:49,967
FIND NEW EMPLOYEES, TRAIN NEW

918
00:26:49,967 --> 00:26:51,767
EMPLOYEES, PUT OUT

919
00:26:51,767 --> 00:26:52,267
ADVERTISEMENTS.

920
00:26:52,267 --> 00:26:53,233
THAT IS A SAVINGS.

921
00:26:53,233 --> 00:26:55,000
WE TALK A LOT ABOUT THE

922
00:26:55,000 --> 00:26:57,900
INCREASED COST OF PAYROLL, BUT

923
00:26:57,900 --> 00:26:59,667
YOU DON'T HEAR TALK ABOUT

924
00:26:59,667 --> 00:27:03,400
SAVINGS FROM REDUCED TURNOVERS

925
00:27:03,400 --> 00:27:05,967
AND INCREASED EFFICIEEFFICIENCIES.

926
00:27:05,967 --> 00:27:07,733
I CAN'T SPEAK FOR AUSTRALIA'S

927
00:27:07,733 --> 00:27:08,933
ECONOMY, BUT THAT IS WHAT HAS

928
00:27:08,933 --> 00:27:10,167
HAPPENED IN OTHER STATES AND IT

929
00:27:10,167 --> 00:27:11,400
IS TIME FOR LOUISIANA TO GET ON

930
00:27:11,400 --> 00:27:13,433
THE SAME COURSE.

931
00:27:13,433 --> 00:27:15,200
>> SCOTT AND JOHN, DOES THAT

932
00:27:15,200 --> 00:27:16,733
GEL WITH WHAT YOU ARE

933
00:27:16,733 --> 00:27:19,100
EXPERIENCING WITH YOUR

934
00:27:19,100 --> 00:27:19,533
BUSINESSES?

935
00:27:19,533 --> 00:27:22,467
>> FOR EXAMPLE, WE RECENTLY RAN

936
00:27:22,467 --> 00:27:24,467
ADS IN LOCAL NEWSPAPERS LOOKING

937
00:27:24,467 --> 00:27:26,400
FOR EMPLOYEES.

938
00:27:26,400 --> 00:27:27,667
AND WE ACTUALLY RECEIVED -- YOU

939
00:27:27,667 --> 00:27:32,500
HAVE WHAT, 32, 33,000 -- TWO

940
00:27:32,500 --> 00:27:33,433
PHONE CALLS?

941
00:27:33,433 --> 00:27:34,833
SO, MY QUESTION IS, HOW MANY

942
00:27:34,833 --> 00:27:36,300
PEOPLE ACTUALLY OUT THERE

943
00:27:36,300 --> 00:27:37,300
LOOKING FOR JOBS.

944
00:27:37,300 --> 00:27:39,133
>> WELL, WHAT ABOUT YOUR

945
00:27:39,133 --> 00:27:39,667
EXPERIENCE?

946
00:27:39,667 --> 00:27:40,833
WHAT ABOUT WHAT HE SAID IN

947
00:27:40,833 --> 00:27:41,767
TERMS OF TURNOVER?

948
00:27:41,767 --> 00:27:44,200
IF YOU PAY WORKERS MORE, ARE

949
00:27:44,200 --> 00:27:45,400
THEY MORE PRODUCTIVE?

950
00:27:45,400 --> 00:27:46,800
DO THEY STAY LONGER?

951
00:27:46,800 --> 00:27:48,400
DO YOU GET BETTER WORK OUT OF

952
00:27:48,400 --> 00:27:48,767
THEM?

953
00:27:48,767 --> 00:27:50,400
WHAT HAS BEEN YOUR EXPERIENCE?

954
00:27:50,400 --> 00:27:51,700
BECAUSE YOU DO PAY MORE THAN

955
00:27:51,700 --> 00:27:52,500
THE MINIMUM WAGE.

956
00:27:52,500 --> 00:27:54,400
FIRST OF ALL, WHY DO YOU DO

957
00:27:54,400 --> 00:27:54,767
THAT?

958
00:27:54,767 --> 00:27:56,100
>> WE A SPECIALTY COMPANY.

959
00:27:56,100 --> 00:27:58,333
AS A SPORTING GOODS STORE

960
00:27:58,333 --> 00:28:00,333
OWNER, WE ARE A UNIQUE

961
00:28:00,333 --> 00:28:00,867
BUSINESS.

962
00:28:00,867 --> 00:28:04,733
WE ACTUALLY HAVE TO HAVE UNIQUE

963
00:28:04,733 --> 00:28:05,333
PERSONNEL.

964
00:28:05,333 --> 00:28:06,867
I HATE TO USE THE WORD, BUT

965
00:28:06,867 --> 00:28:08,100
WE'RE NOT THE AVERAGE GAS

966
00:28:08,100 --> 00:28:09,167
STATION, SO TO SPEAK.

967
00:28:09,167 --> 00:28:10,833
WE ACTUALLY HAVE UNIQUE

968
00:28:10,833 --> 00:28:12,067
PRODUCTS IN IT.

969
00:28:12,067 --> 00:28:13,367
LOOKING FOR THAT PERSON WHO IS

970
00:28:13,367 --> 00:28:15,733
WILLING TO TAKE ON THAT

971
00:28:15,733 --> 00:28:16,833
RESPONSIBILITY IS SOMEWHAT

972
00:28:16,833 --> 00:28:17,767
DIFFICULT TO FIND.

973
00:28:17,767 --> 00:28:19,367
SO, THEREFORE, WHEN WE DO FIND

974
00:28:19,367 --> 00:28:21,633
THEM, WE DO PAY A LITTLE MORE

975
00:28:21,633 --> 00:28:23,167
THAN THE MINIMUM WAGE.

976
00:28:23,167 --> 00:28:25,333
MY SITUATION, AS A BUSINESS

977
00:28:25,333 --> 00:28:26,900
OWNER, BEING TOLD OR BEING

978
00:28:26,900 --> 00:28:29,467
FORCED TO DO SOMETHING

979
00:28:29,467 --> 00:28:30,533
SPECIFICALLY JUST GOES AGAINST

980
00:28:30,533 --> 00:28:31,800
EVERYTHING THAT I'M FOR.

981
00:28:31,800 --> 00:28:33,800
GIVE ME THAT OPPORTUNITY, IF I

982
00:28:33,800 --> 00:28:35,633
WANT TO RAISE THAT PERSON'S

983
00:28:35,633 --> 00:28:37,633
SALARY, BUT DON'T FORCE IT ON

984
00:28:37,633 --> 00:28:37,967
ME.

985
00:28:37,967 --> 00:28:39,033
>> DR. HEBERT I WOULD LIKE TO

986
00:28:39,033 --> 00:28:39,900
BRING YOU IN ON THIS.

987
00:28:39,900 --> 00:28:41,100
>> ONE THING YOU HAVE TO

988
00:28:41,100 --> 00:28:42,167
REALIZE, THE PEOPLE IN THE

989
00:28:42,167 --> 00:28:44,000
MINIMUM WAGE CATEGORY ARE IN A

990
00:28:44,000 --> 00:28:45,833
FLUID SITUATION FOR THE MOST

991
00:28:45,833 --> 00:28:46,233
PART.

992
00:28:46,233 --> 00:28:47,633
PEOPLE DON'T STAY IN THERE ALL

993
00:28:47,633 --> 00:28:48,900
OF THEIR WORKING LIVES.

994
00:28:48,900 --> 00:28:52,333
IN FACT, YOU NEED TO HAVE THE

995
00:28:52,333 --> 00:28:53,967
UNSKILLED AND THE YOUNG, WHICH

996
00:28:53,967 --> 00:28:55,633
IS WHERE THE UNEMPLOYMENT RATES

997
00:28:55,633 --> 00:28:59,167
ARE EXCESSIVELY HIGH, 16-24 AGE

998
00:28:59,167 --> 00:29:00,400
GROUP, UNEMPLOYMENT RATE IN

999
00:29:00,400 --> 00:29:03,467
THIS COUNTRY IS 16%.

1000
00:29:03,467 --> 00:29:04,933
AMONG AFRICAN-AMERICAN YOUNG

1001
00:29:04,933 --> 00:29:06,600
PEOPLE IN THE SAME AGE GROUP,

1002
00:29:06,600 --> 00:29:07,633
IT IS 38%.

1003
00:29:07,633 --> 00:29:09,400
I THINK THAT IS A SHOCKING

1004
00:29:09,400 --> 00:29:10,467
STATISTIC THAT PEOPLE DON'T

1005
00:29:10,467 --> 00:29:11,167
TALK ABOUT.

1006
00:29:11,167 --> 00:29:15,333
WHAT IS HAPPENING IS WE'RE

1007
00:29:15,333 --> 00:29:17,033
THROTTLING DOWN, KEEPING,

1008
00:29:17,033 --> 00:29:19,667
DELAYING, IN SOME CASES E

1009
00:29:19,667 --> 00:29:22,800
ELIMINAING THE LIFETIME

1010
00:29:22,800 --> 00:29:25,067
EARNING TRAJECTORY OF YOUNG

1011
00:29:25,067 --> 00:29:26,400
WORKERS WHO NEED TO GET THE ON

1012
00:29:26,400 --> 00:29:29,133
THE JOB EXPERIENCE, THE SKILLS,

1013
00:29:29,133 --> 00:29:31,367
LEARNING, SO FORTH, TO LIFT

1014
00:29:31,367 --> 00:29:32,700
THEMSELVES UP AND GET HIGHER

1015
00:29:32,700 --> 00:29:33,933
WAGES AND GET OUT OF THE

1016
00:29:33,933 --> 00:29:35,167
MINIMUM WAGE CATEGORY AND

1017
00:29:35,167 --> 00:29:36,500
INCREASE THEIR LIFETIME

1018
00:29:36,500 --> 00:29:36,933
EARNINGS.

1019
00:29:36,933 --> 00:29:39,733
>> IF I MAY, TO RESPOND TO

1020
00:29:39,733 --> 00:29:41,067
JOSHUA'S QUESTION REGARDING

1021
00:29:41,067 --> 00:29:42,300
AUSTRALIA, I HAD A CONVERSATION

1022
00:29:42,300 --> 00:29:44,567
WITH A YOUNG LADY WHO HAD SPENT

1023
00:29:44,567 --> 00:29:45,900
SOME TIME IN AUSTRALIA.

1024
00:29:45,900 --> 00:29:48,600
AND ONE OF THE POINTS THAT SHE

1025
00:29:48,600 --> 00:29:50,567
MADE WAS, YES, THEY DO PAY

1026
00:29:50,567 --> 00:29:52,933
HIGHER WAGES THERE, BUT THE

1027
00:29:52,933 --> 00:29:54,400
COST OF LIVING IS SUCH THAT YOU

1028
00:29:54,400 --> 00:29:55,800
DON'T WANT TO LIVE THERE.

1029
00:29:55,800 --> 00:29:58,733
AND, SO SHE FOUND A WAY TO LIVE

1030
00:29:58,733 --> 00:30:00,467
AS FRUGALLY AS SHE COULD

1031
00:30:00,467 --> 00:30:01,667
MANAGE, MAKE THE AMOUNT OF

1032
00:30:01,667 --> 00:30:03,100
MONEY THAT SHE WAS MAKING THERE

1033
00:30:03,100 --> 00:30:05,067
AND GET BACK HERE AS QUICK AS

1034
00:30:05,067 --> 00:30:06,400
SHE CAN.

1035
00:30:06,400 --> 00:30:08,400
AND I THINK IT IS MISUNDERSTOOD

1036
00:30:08,400 --> 00:30:09,867
IN THE STATES WHERE YOU HAVE,

1037
00:30:09,867 --> 00:30:11,733
IN FACT, HIGHER MINIMUM WAGES,

1038
00:30:11,733 --> 00:30:13,567
YOU'RE ACTUALLY GOING TO HAVE A

1039
00:30:13,567 --> 00:30:15,133
HIGHER COST OF LIVING, WHICH

1040
00:30:15,133 --> 00:30:18,267
WILL DIMINISH THE BENEFIT THAT

1041
00:30:18,267 --> 00:30:20,067
IS BEING SOUGHT BY THOSE THAT

1042
00:30:20,067 --> 00:30:23,033
WOULD PROPOSE DOING A MINIMUM

1043
00:30:23,033 --> 00:30:24,167
WAGE -- DOING A MINIMUM WAGE,

1044
00:30:24,167 --> 00:30:25,233
AN INCREASE IN THE MINIMUM

1045
00:30:25,233 --> 00:30:25,667
WAGE.

1046
00:30:25,667 --> 00:30:28,300
>> I HAVE TO RESPOND TO SCOTT'S

1047
00:30:28,300 --> 00:30:29,567
ORIGINAL QUESTION, WHERE ARE

1048
00:30:29,567 --> 00:30:30,967
THE JOB APPLICANTS.

1049
00:30:30,967 --> 00:30:34,700
A CITY IN OREGON, SEA-TRAC,

1050
00:30:34,700 --> 00:30:37,600
RAISING THE MINIMUM WAGE TO $15

1051
00:30:37,600 --> 00:30:38,133
AN HOUR.

1052
00:30:38,133 --> 00:30:39,567
THE SECOND THAT LAW TOOK

1053
00:30:39,567 --> 00:30:42,900
EFFECT, IT WAS FLOODED WITH JOB

1054
00:30:42,900 --> 00:30:43,433
APPLICANTS.

1055
00:30:43,433 --> 00:30:44,500
YOU HAVE PEOPLE THAT DRIVE FROM

1056
00:30:44,500 --> 00:30:46,833
THE STATE OF IDAHO TO THE STATE

1057
00:30:46,833 --> 00:30:48,300
OF WASHINGTON TO GO TO WORK.

1058
00:30:48,300 --> 00:30:49,867
BUSINESS OWNERS ALONG THE

1059
00:30:49,867 --> 00:30:51,867
BORDER OF WASHINGTON FLOODED

1060
00:30:51,867 --> 00:30:53,167
EVERY DAY WITH JOB

1061
00:30:53,167 --> 00:30:54,100
APPLICATIONS.

1062
00:30:54,100 --> 00:30:56,367
PEOPLE DO APPLY.

1063
00:30:56,367 --> 00:30:57,500
TEENAGERS, TEENAGE EMPLOYMENT.

1064
00:30:57,500 --> 00:30:58,967
AS DR. HEBERT SAID, THE

1065
00:30:58,967 --> 00:31:00,267
UNEMPLOYMENT RATE FOR TEENAGERS

1066
00:31:00,267 --> 00:31:02,333
AND YOUNG ADULTS IN AMERICA IS

1067
00:31:02,333 --> 00:31:02,667
16%.

1068
00:31:02,667 --> 00:31:04,200
IN LOUISIANA, I THINK IT IS

1069
00:31:04,200 --> 00:31:06,533
CLOSER TO 25%.

1070
00:31:06,533 --> 00:31:08,067
THE STATE OF VERMONT, SECOND

1071
00:31:08,067 --> 00:31:09,200
HIGHEST STATE MINIMUM WAGE IN

1072
00:31:09,200 --> 00:31:10,000
THE NATION.

1073
00:31:10,000 --> 00:31:11,900
THEIR TEENAGE UNEMPLOYMENT RATE

1074
00:31:11,900 --> 00:31:13,400
HAVE ONLY 14%.

1075
00:31:13,400 --> 00:31:14,733
IF YOU LOOK AT OTHER STATES

1076
00:31:14,733 --> 00:31:16,300
THAT HAVE RAISED THE MINIMUM

1077
00:31:16,300 --> 00:31:17,533
WAGE, THEY HAVE EFFECTIVELY

1078
00:31:17,533 --> 00:31:19,100
FOUND A WAY TO INCREASE

1079
00:31:19,100 --> 00:31:20,600
CONSUMER SPENDING, ESPECIALLY

1080
00:31:20,600 --> 00:31:22,900
IN SMALL BUSINESSES, GROW THE

1081
00:31:22,900 --> 00:31:24,433
ECONOMY, AND CREATE JOBS.

1082
00:31:24,433 --> 00:31:28,000
AND I THINK THAT IS A POINT

1083
00:31:28,000 --> 00:31:30,067
WORTH REPEATING CONSTANTLY.

1084
00:31:30,067 --> 00:31:33,533
>> LET'S TALK ABOUT EXEMPTIONS,

1085
00:31:33,533 --> 00:31:35,200
UNDER THE CURRENT FEDERAL

1086
00:31:35,200 --> 00:31:36,500
MINIMUM WAGE, THERE ARE SOME

1087
00:31:36,500 --> 00:31:37,300
EXEMPTIONS IN THERE.

1088
00:31:37,300 --> 00:31:38,733
I WOULD LIKE FOR YOU TO ADDRESS

1089
00:31:38,733 --> 00:31:40,267
THIS AND ADDRESS IT

1090
00:31:40,267 --> 00:31:41,567
SPECIFICALLY AS IT RELATES TO

1091
00:31:41,567 --> 00:31:43,267
YOUR BILL, BECAUSE YOUR BILL --

1092
00:31:43,267 --> 00:31:44,967
>> TOUCHES ON WHAT I SAID

1093
00:31:44,967 --> 00:31:45,400
EARLIER.

1094
00:31:45,400 --> 00:31:47,500
A PHASE-IN OF THE MINIMUM WAGE.

1095
00:31:47,500 --> 00:31:50,267
THE REQUIREMENT OF THE NATIONAL

1096
00:31:50,267 --> 00:31:52,367
GOVERNMENT, UNITED STATES

1097
00:31:52,367 --> 00:31:53,267
DEPARTMENT OF LABOR WAGE AND

1098
00:31:53,267 --> 00:31:55,367
HOUR DIVISION, IT GIVES

1099
00:31:55,367 --> 00:31:57,200
EMPLOYEES -- EMPLOYERS THE

1100
00:31:57,200 --> 00:31:58,900
OPPORTUNITY TO HIRE YOUNG FOLKS

1101
00:31:58,900 --> 00:32:00,833
AND HAVE THOSE YOUNG FOLKS

1102
00:32:00,833 --> 00:32:03,467
SERVE AT A LOWER RATE THAN THE

1103
00:32:03,467 --> 00:32:04,933
CURRENT MINIMUM WAGE FOR

1104
00:32:04,933 --> 00:32:07,567
SPECIFIED PERIOD OF TIME.

1105
00:32:07,567 --> 00:32:10,133
IT ALSO GIVES OTHER

1106
00:32:10,133 --> 00:32:11,233
CONSIDERATION FOR EMPLOYERS TO

1107
00:32:11,233 --> 00:32:12,333
HIRE INDIVIDUALS THAT MAY HAVE

1108
00:32:12,333 --> 00:32:15,533
SOME DISABILITIES TO WORK AT A

1109
00:32:15,533 --> 00:32:17,733
LOWER MINIMUM WAGE RATE.

1110
00:32:17,733 --> 00:32:19,333
SO, THERE ARE OPPORTUNITIES FOR

1111
00:32:19,333 --> 00:32:22,367
EMPLOYERS NOT TO BE CAPTIVATED

1112
00:32:22,367 --> 00:32:24,000
BY THIS SLOW RISE OF THE

1113
00:32:24,000 --> 00:32:26,433
MINIMUM WAGE THAT I'M PROPOSING

1114
00:32:26,433 --> 00:32:28,133
AND GETTING READY FOR AN

1115
00:32:28,133 --> 00:32:29,200
INCREASE, BUT THERE ARE

1116
00:32:29,200 --> 00:32:30,133
OPPORTUNITIES THAT EXIST RIGHT

1117
00:32:30,133 --> 00:32:32,267
NOW AND THIS WILL BE -- NOTHING

1118
00:32:32,267 --> 00:32:34,300
TO INFRINGE ON THOSE EMPLOYER

1119
00:32:34,300 --> 00:32:35,933
RIGHTS TO HIRE YOUNG FOLKS AND

1120
00:32:35,933 --> 00:32:38,267
GIVE THEM THOSE WORK

1121
00:32:38,267 --> 00:32:39,333
EXPERIENCES THAT WAS MENTIONED

1122
00:32:39,333 --> 00:32:40,033
HERE EARLIER.

1123
00:32:40,033 --> 00:32:41,400
>> IT SOUNDS LIKE THERE IS SOME

1124
00:32:41,400 --> 00:32:42,400
FLEXIBILITY IN THERE.

1125
00:32:42,400 --> 00:32:43,900
IT GETS BACK TO SCOTT'S POINT

1126
00:32:43,900 --> 00:32:47,267
THAT HE DOESN'T WANT TO BE TOLD

1127
00:32:47,267 --> 00:32:51,500
HOW MUCH HE HAS TO RAISE THE

1128
00:32:51,500 --> 00:32:52,400
WAGE LEVEL.

1129
00:32:52,400 --> 00:32:55,200
>> WELL, THAT'S ADMIRABLE.

1130
00:32:55,200 --> 00:32:57,600
BUT I'M SURE SCOTT HAS TOLD

1131
00:32:57,600 --> 00:33:00,667
APRIL 15th, HE BETTER HAVE HIS

1132
00:33:00,667 --> 00:33:02,833
INCOME TAXES IN BUT HE PROBABLY

1133
00:33:02,833 --> 00:33:03,867
DOESN'T LIKE THAT EITHER.

1134
00:33:03,867 --> 00:33:06,200
AND IF YOU DON'T HAVE THEM IN

1135
00:33:06,200 --> 00:33:08,067
BY SEPTEMBER, SCOTT WILL GO

1136
00:33:08,067 --> 00:33:10,167
SOMEWHERE THAT PROVIDES FOR

1137
00:33:10,167 --> 00:33:11,200
INDIVIDUALS THAT FEEL LIKE

1138
00:33:11,200 --> 00:33:12,700
THEY -- THAT SOUNDS GOOD, BUT

1139
00:33:12,700 --> 00:33:15,167
WE ARE TOLD EVERY DAY IN SOME

1140
00:33:15,167 --> 00:33:16,900
FORM OR OTHER, THAT'S WHY WE'RE

1141
00:33:16,900 --> 00:33:18,333
IN THE LEGISLATURE NOW.

1142
00:33:18,333 --> 00:33:20,733
WE'RE MAKING LAWS THAT IS

1143
00:33:20,733 --> 00:33:21,967
TELLING INDIVIDUALS HERE IS HOW

1144
00:33:21,967 --> 00:33:22,633
CERTAIN THINGS WILL WORK.

1145
00:33:22,633 --> 00:33:23,900
>> WE WILL GET TO YOUR QUESTION

1146
00:33:23,900 --> 00:33:25,167
IN JUST A MOMENT.

1147
00:33:25,167 --> 00:33:27,100
LET'S HEAR FROM JOHN, ANOTHER

1148
00:33:27,100 --> 00:33:28,100
SMALL BUSINESS OWNER.

1149
00:33:28,100 --> 00:33:29,733
>> I THINK THAT'S AN EXCELLENT

1150
00:33:29,733 --> 00:33:30,167
POINT.

1151
00:33:30,167 --> 00:33:31,300
I THINK WE'RE TOLD ENOUGH.

1152
00:33:31,300 --> 00:33:32,967
WE GET TOLD SO MUCH.

1153
00:33:32,967 --> 00:33:34,067
AND THE MORE THE GOVERNMENT

1154
00:33:34,067 --> 00:33:35,133
GETS INVOLVED IN MY BUSINESS,

1155
00:33:35,133 --> 00:33:36,400
THE MORE I WANT TO GET OUT OF

1156
00:33:36,400 --> 00:33:37,533
BEING A SMALL BUSINESS OWNER.

1157
00:33:37,533 --> 00:33:40,267
YOU ARE TAKING IT OUT OF OUR

1158
00:33:40,267 --> 00:33:44,100
HEART TO BE THE MASTERS OF OUR

1159
00:33:44,100 --> 00:33:45,767
OWN DESTINY.

1160
00:33:45,767 --> 00:33:48,167
WHAT IS IN HEART OF SOME OF MY

1161
00:33:48,167 --> 00:33:49,367
EMPLOYEES IS NOT MONEY.

1162
00:33:49,367 --> 00:33:51,067
YOU SAY IF YOU PAY PEOPLE A

1163
00:33:51,067 --> 00:33:53,067
COUPLE OF EXTRA BUCKS THAT WILL

1164
00:33:53,067 --> 00:33:55,833
BE MOTIVATED TO WORK HARD.

1165
00:33:55,833 --> 00:33:57,067
THAT -- SOME PEOPLE AREN'T

1166
00:33:57,067 --> 00:33:58,467
MOTIVATED BY MONEY.

1167
00:33:58,467 --> 00:34:00,533
THEY'RE MOTIVATED BY A QUALITY

1168
00:34:00,533 --> 00:34:02,333
OPPORTUNITY TO GROW THEIR

1169
00:34:02,333 --> 00:34:04,000
CAREER.

1170
00:34:04,000 --> 00:34:06,867
YES, SOME ARE JUST MOTIVATED BY

1171
00:34:06,867 --> 00:34:07,633
THE BUCKS.

1172
00:34:07,633 --> 00:34:09,400
WHEN YOU SAY YOU'RE TOLD THIS,

1173
00:34:09,400 --> 00:34:13,133
AND YOU NEED TO BE TOLD MORE,

1174
00:34:13,133 --> 00:34:18,000
THAT KIND OF GETS THE IRE UP OF

1175
00:34:18,000 --> 00:34:21,000
A LOT OF SMALL BUSINESS OWNERS.

1176
00:34:21,000 --> 00:34:24,667
>> IT SHOULDN'T.

1177
00:34:24,667 --> 00:34:26,167
DEMOCRACY, THE RIGHT TO VOTE TO

1178
00:34:26,167 --> 00:34:27,633
PUT IN INDIVIDUALS THAT THINK

1179
00:34:27,633 --> 00:34:28,733
THE WAY YOU THINK OR THE WAY

1180
00:34:28,733 --> 00:34:29,500
THAT I THINK.

1181
00:34:29,500 --> 00:34:30,900
AS WE'RE BEING TOLD, WE'RE

1182
00:34:30,900 --> 00:34:34,433
LIVING BY A SET OF RULES THAT

1183
00:34:34,433 --> 00:34:36,133
HAVE BEEN -- OVER 200 YEARS

1184
00:34:36,133 --> 00:34:39,333
THAT WE LIVE BY, AND WE ARE NOT

1185
00:34:39,333 --> 00:34:40,800
THE FIRST SET OF CITIZENS IN

1186
00:34:40,800 --> 00:34:42,200
THE UNITED STATES OF AMERICA

1187
00:34:42,200 --> 00:34:43,267
THAT HAVE BEEN TOLD THINGS.

1188
00:34:43,267 --> 00:34:45,300
I GRANT YOU, THERE IS A LOT OF

1189
00:34:45,300 --> 00:34:46,433
THINGS THAT STATE GOVERNMENT

1190
00:34:46,433 --> 00:34:47,533
AND FEDERAL GOVERNMENT SAY TO

1191
00:34:47,533 --> 00:34:49,733
ME THAT EXCITES ME THAT I MAY

1192
00:34:49,733 --> 00:34:51,200
NOT WANT TO HEAR, BUT YOU TAKE

1193
00:34:51,200 --> 00:34:53,833
SOME OF THE GOOD WITH SOME OF

1194
00:34:53,833 --> 00:34:54,433
THE BAD.

1195
00:34:54,433 --> 00:34:56,067
AND STILL WE'RE IN THE GREATEST

1196
00:34:56,067 --> 00:34:57,033
COUNTRY IN THE WORLD.

1197
00:34:57,033 --> 00:34:59,000
>> LET'S HEAR FROM A YOUNG MAN,

1198
00:34:59,000 --> 00:35:00,733
CHRISTIAN, WHO IS IN HIGH

1199
00:35:00,733 --> 00:35:02,167
SCHOOL AND YOU HAVE A JOB.

1200
00:35:02,167 --> 00:35:03,733
BUT IT IS NOT A MINIMUM WAGE

1201
00:35:03,733 --> 00:35:04,400
JOB, RIGHT?

1202
00:35:04,400 --> 00:35:07,000
>> NO, IT IS AT $10 AN HOUR.

1203
00:35:07,000 --> 00:35:09,267
>> YOU SAID ALL OF THE JOBS --

1204
00:35:09,267 --> 00:35:11,000
>> I HAVE ONLY WORKED AT THIS

1205
00:35:11,000 --> 00:35:11,633
ONE PLACE.

1206
00:35:11,633 --> 00:35:13,033
THEY DIDN'T START ME AT MINIMUM

1207
00:35:13,033 --> 00:35:13,433
WAGE.

1208
00:35:13,433 --> 00:35:14,100
>> OKAY.

1209
00:35:14,100 --> 00:35:16,133
STARTED YOU OUT AT $10 --

1210
00:35:16,133 --> 00:35:17,600
>> NO, $8 AN HOUR.

1211
00:35:17,600 --> 00:35:19,000
I HAVE TWO THINGS TO SAY.

1212
00:35:19,000 --> 00:35:22,533
ONE ABOUT THE MOTIVATION OF

1213
00:35:22,533 --> 00:35:23,967
MONEY IN THE WORKPLACE.

1214
00:35:23,967 --> 00:35:25,633
NO, I DON'T THINK ALL PEOPLE

1215
00:35:25,633 --> 00:35:27,933
ARE MOTIVATED SOLELY BY MONEY

1216
00:35:27,933 --> 00:35:28,600
TO DO WELL.

1217
00:35:28,600 --> 00:35:29,833
WE'RE TALKING ABOUT PEOPLE WHO

1218
00:35:29,833 --> 00:35:31,933
ARE TRYING TO MAKE A LIVING AND

1219
00:35:31,933 --> 00:35:35,533
TRYING TO PROVIDE FOR

1220
00:35:35,533 --> 00:35:36,700
THEMSELVES, TRYING TO HAVE FOOD

1221
00:35:36,700 --> 00:35:38,000
TO EAT NEXT WEEK AND TRYING TO

1222
00:35:38,000 --> 00:35:40,467
HAVE A ROOF OVER THEIR HOUSE --

1223
00:35:40,467 --> 00:35:42,200
A ROOF OVER THEIR HEAD, SORRY.

1224
00:35:42,200 --> 00:35:44,000
THEY WILL BE MOTIVATED MORE BY

1225
00:35:44,000 --> 00:35:45,533
MONEY BECAUSE THEY DO NEED A

1226
00:35:45,533 --> 00:35:48,500
PLACE TO LIVE AND THEY NEED THE

1227
00:35:48,500 --> 00:35:49,700
NECESSITIES OF LIFE.

1228
00:35:49,700 --> 00:35:51,267
I HAVE A QUESTION ABOUT YOUR

1229
00:35:51,267 --> 00:35:51,767
BILL.

1230
00:35:51,767 --> 00:35:54,933
YOU SAID THAT IT HAS LIKE A

1231
00:35:54,933 --> 00:35:56,400
STIPULATION FOR YOUNGER

1232
00:35:56,400 --> 00:35:58,200
WORKERS, THAT THEY DO NOT HAVE

1233
00:35:58,200 --> 00:35:59,367
TO BE PAID --

1234
00:35:59,367 --> 00:36:03,233
>> NO, MY BILL DOESN'T INFRINGE

1235
00:36:03,233 --> 00:36:04,900
UPON THE CURRENT FEDERAL WAGE

1236
00:36:04,900 --> 00:36:06,367
AND HOUR DIVISION OF THE

1237
00:36:06,367 --> 00:36:08,233
DEPARTMENT -- U.S. DEPARTMENT

1238
00:36:08,233 --> 00:36:09,700
OF LABOR, WHICH GIVES

1239
00:36:09,700 --> 00:36:12,267
OPPORTUNITY FOR YOUNG FOLKS TO

1240
00:36:12,267 --> 00:36:13,600
WORK RIGHT NOW WITH EMPLOYERS

1241
00:36:13,600 --> 00:36:15,933
AS TEENAGERS FOR LOWER THAN THE

1242
00:36:15,933 --> 00:36:17,433
MINIMUM WAGE FOR A SPECIFIED

1243
00:36:17,433 --> 00:36:20,100
PERIOD OF TIME.

1244
00:36:20,100 --> 00:36:22,733
AND IT ALSO MAKES PROVISIONS

1245
00:36:22,733 --> 00:36:25,033
FOR DISABLED INDIVIDUALS THAT

1246
00:36:25,033 --> 00:36:27,533
CAN WORK BELOW THE MINIMUM WAGE

1247
00:36:27,533 --> 00:36:28,733
IN CERTAIN FIELDS.

1248
00:36:28,733 --> 00:36:31,867
SO, THAT EXISTS -- MY IDEA

1249
00:36:31,867 --> 00:36:33,367
DOESN'T INFRINGE OR TOUCH ON

1250
00:36:33,367 --> 00:36:34,667
ANY OF THOSE SUBJECTS.

1251
00:36:34,667 --> 00:36:37,867
>> HOW LONG A TIME IS THAT?

1252
00:36:37,867 --> 00:36:40,267
>> FOR ONLY -- I THINK 90 DAYS.

1253
00:36:40,267 --> 00:36:41,067
FOR THREE MONTHS.

1254
00:36:41,067 --> 00:36:42,867
>> OKAY.

1255
00:36:42,867 --> 00:36:45,867
>> AND THEY CAN'T BACKPACK

1256
00:36:45,867 --> 00:36:47,233
INDIVIDUALS INTO THOSE JOBS.

1257
00:36:47,233 --> 00:36:49,567
IT IS TRULY THERE FOR TEENAGERS

1258
00:36:49,567 --> 00:36:51,433
TO TAKE ADVANTAGE OF, GAIN

1259
00:36:51,433 --> 00:36:52,600
EXPERIENCE, AND THEN THOSE

1260
00:36:52,600 --> 00:36:53,400
INDIVIDUALS START TO MAKE THE

1261
00:36:53,400 --> 00:36:53,967
MINIMUM WAGE.

1262
00:36:53,967 --> 00:36:55,667
>> GOSH, WE HAVE A LOT OF

1263
00:36:55,667 --> 00:36:56,200
QUESTIONS.

1264
00:36:56,200 --> 00:36:58,500
IF I COULD GET YOUR COMMENT ON

1265
00:36:58,500 --> 00:37:00,133
DR. LOREN SCOTT IN THE PIECE

1266
00:37:00,133 --> 00:37:01,600
THERE, THE ECONOMIST, WHO

1267
00:37:01,600 --> 00:37:03,000
TALKED ABOUT THE EARNED INCOME

1268
00:37:03,000 --> 00:37:04,500
TAX CREDIT THAT THAT WOULD BE

1269
00:37:04,500 --> 00:37:05,833
MORE VIABLE THAN RAISING THE

1270
00:37:05,833 --> 00:37:06,467
MINIMUM WAGE.

1271
00:37:06,467 --> 00:37:07,233
YES, DR. HEBERT.

1272
00:37:07,233 --> 00:37:10,533
>> THE THING YOU HAVE TO KEEP

1273
00:37:10,533 --> 00:37:12,867
IN MIND IS THAT THIS ISSUE

1274
00:37:12,867 --> 00:37:14,367
ABOUT RAISING THE MINIMUM WAGE

1275
00:37:14,367 --> 00:37:15,900
WILL CAUSE MORE SPENDING.

1276
00:37:15,900 --> 00:37:17,133
ANY TIME PEOPLE GET AN INCREASE

1277
00:37:17,133 --> 00:37:18,900
IN MONEY, THEY WILL SPEND MORE.

1278
00:37:18,900 --> 00:37:20,467
THE POINT THAT I WOULD LIKE TO

1279
00:37:20,467 --> 00:37:23,033
MAKE IS THAT THERE ARE WAYS OF

1280
00:37:23,033 --> 00:37:24,700
INCREASING SPENDING, RAISING

1281
00:37:24,700 --> 00:37:26,567
HOUSEHOLD INCOME, AND BY THE

1282
00:37:26,567 --> 00:37:28,067
WAY, IT IS HOUSEHOLD INCOME

1283
00:37:28,067 --> 00:37:29,367
THAT IS IMPORTANT IN THE FIGHT

1284
00:37:29,367 --> 00:37:30,300
AGAINST POVERTY.

1285
00:37:30,300 --> 00:37:32,000
IT IS NOT AN INDIVIDUAL WAGE.

1286
00:37:32,000 --> 00:37:35,300
IT IS HOUSEHOLD INCOME.

1287
00:37:35,300 --> 00:37:36,533
THERE ARE WAYS TO DO THAT

1288
00:37:36,533 --> 00:37:38,100
WITHOUT THE DOWNSIDE OF THE

1289
00:37:38,100 --> 00:37:38,800
MINIMUM WAGE.

1290
00:37:38,800 --> 00:37:39,667
MINIMUM WAGE HAS THREE DOWN

1291
00:37:39,667 --> 00:37:40,533
SIDES AS I SEE IT.

1292
00:37:40,533 --> 00:37:44,267
IT MISSES THE TARGET, CAUSES

1293
00:37:44,267 --> 00:37:45,800
UNEMPLOYMENT EFFECTS, GOOD AND

1294
00:37:45,800 --> 00:37:48,367
BAD, AND WE CAN DEBATE ALL

1295
00:37:48,367 --> 00:37:50,800
NIGHT LONG ABOUT WHICH ONE

1296
00:37:50,800 --> 00:37:51,700
PREDOMINATES, BUT THE NET

1297
00:37:51,700 --> 00:37:52,967
EFFECT, IT IS FIGHTING AGAINST

1298
00:37:52,967 --> 00:37:54,100
ITSELF TO SOME EXTENT.

1299
00:37:54,100 --> 00:37:55,333
SOME PEOPLE LOSE THEIR JOBS AND

1300
00:37:55,333 --> 00:37:56,133
OTHER PEOPLE GAIN.

1301
00:37:56,133 --> 00:37:57,967
AND THE THIRD THING IT DEPRIVES

1302
00:37:57,967 --> 00:37:59,733
YOUNG PEOPLE OF ESTABLISHING

1303
00:37:59,733 --> 00:38:02,833
THE SKILLS, OR AT LEAST DELAYS

1304
00:38:02,833 --> 00:38:04,067
THEIR ESTABLISHING SKILLS THAT

1305
00:38:04,067 --> 00:38:05,900
THEY NEED TO BUILD THE LIFETIME

1306
00:38:05,900 --> 00:38:06,400
PROFILE.

1307
00:38:06,400 --> 00:38:08,033
THE THING ABOUT THE EARNED

1308
00:38:08,033 --> 00:38:09,733
INCOME TAX CREDIT IT PUTS MONEY

1309
00:38:09,733 --> 00:38:11,333
INTO THE HOUSEHOLD WITHOUT ANY

1310
00:38:11,333 --> 00:38:12,567
OF THE DOWN SIDES.

1311
00:38:12,567 --> 00:38:14,500
>> IT IS WIN-WIN AS YOU SEE IT.

1312
00:38:14,500 --> 00:38:16,433
>> WELL, YOU STILL HAVE TO FUND

1313
00:38:16,433 --> 00:38:17,000
IT.

1314
00:38:17,000 --> 00:38:17,433
OKAY.

1315
00:38:17,433 --> 00:38:19,267
TAXPAYERS PAY FOR IT.

1316
00:38:19,267 --> 00:38:21,967
TAXPAYERS PAY FOR EVERYTHING.

1317
00:38:21,967 --> 00:38:23,333
>> I THINK IT -- FIRST OF ALL,

1318
00:38:23,333 --> 00:38:25,433
I WANT TO MAKE THE POINT THAT

1319
00:38:25,433 --> 00:38:26,967
CHRISTIAN STARTED OFF GETTING

1320
00:38:26,967 --> 00:38:28,200
PAID AT $8 AN HOUR.

1321
00:38:28,200 --> 00:38:30,933
NOW YOU ARE AT $10 AN HOUR.

1322
00:38:30,933 --> 00:38:32,933
I AM SURE THAT YOU DON'T FEEL

1323
00:38:32,933 --> 00:38:34,100
DEPRIVED OF ANY TYPE OF WORK

1324
00:38:34,100 --> 00:38:35,633
FORCE TRAINING OR LIKE YOUR

1325
00:38:35,633 --> 00:38:37,267
CAREER IS NOT BEING DEVELOPED.

1326
00:38:37,267 --> 00:38:38,633
YOU ARE A PRIME EXAMPLE OF THE

1327
00:38:38,633 --> 00:38:40,033
FACT THAT JUST BECAUSE YOU PAY

1328
00:38:40,033 --> 00:38:41,200
YOUNG PEOPLE MORE DOESN'T MEAN

1329
00:38:41,200 --> 00:38:42,400
THEY ARE GOING TO BE DEPRIVED

1330
00:38:42,400 --> 00:38:44,267
OF ANY REAL LESSONS.

1331
00:38:44,267 --> 00:38:46,267
RIGHT NOW TAXPAYERS ARE

1332
00:38:46,267 --> 00:38:47,433
SUBSIDIZING MINIMUM WAGE

1333
00:38:47,433 --> 00:38:47,900
COMPANIES.

1334
00:38:47,900 --> 00:38:49,967
IF YOU THINK ABOUT IT, 40 YEARS

1335
00:38:49,967 --> 00:38:51,500
AGO, IF YOU WORKED AND YOU WERE

1336
00:38:51,500 --> 00:38:52,833
THE HEAD OF THE HOUSEHOLD AND

1337
00:38:52,833 --> 00:38:54,733
YOU EARNED THE MINIMUM WAGE,

1338
00:38:54,733 --> 00:38:55,867
YOU MADE ENOUGH MONEY TO

1339
00:38:55,867 --> 00:38:57,400
SUPPORT A FAMILY OF FOUR.

1340
00:38:57,400 --> 00:38:58,433
TODAY YOU DON'T MAKE ENOUGH

1341
00:38:58,433 --> 00:39:00,067
MONEY TO SUPPORT A FAMILY OF

1342
00:39:00,067 --> 00:39:01,933
TWO WITHOUT BEING ON FOOD

1343
00:39:01,933 --> 00:39:03,733
STAMPS OR SOME TYPE OF HOUSING

1344
00:39:03,733 --> 00:39:04,933
ASSISTANCE OR SOME OTHER TYPE

1345
00:39:04,933 --> 00:39:05,833
OF PUBLIC ASSISTANCE.

1346
00:39:05,833 --> 00:39:07,200
GUESS WHO IS PAYING FOR THAT?

1347
00:39:07,200 --> 00:39:07,800
WE ARE.

1348
00:39:07,800 --> 00:39:09,367
IF YOU TAKE THAT INDIVIDUAL AND

1349
00:39:09,367 --> 00:39:11,367
YOU PAY THEM A LIVING WAGE AND

1350
00:39:11,367 --> 00:39:13,467
THEY'RE NO LONGER DEPENDENT ON

1351
00:39:13,467 --> 00:39:14,833
FOOD STAMPS TO PUT BREAD ON THE

1352
00:39:14,833 --> 00:39:16,867
TABLE OR EGGS ON THE TABLE FOR

1353
00:39:16,867 --> 00:39:18,233
BREAKFAST, NO LONGER DEPENDING

1354
00:39:18,233 --> 00:39:19,967
ON HOUSING ASSISTANCE TO KEEP A

1355
00:39:19,967 --> 00:39:21,967
ROOF OVER THEIR HEAD OR

1356
00:39:21,967 --> 00:39:23,433
ASSISTANCE FROM ENERGY TO KEEP

1357
00:39:23,433 --> 00:39:25,000
THE LIGHTS ON, THAT IS MONEY

1358
00:39:25,000 --> 00:39:26,467
THAT WE'RE SAVING AS TAXPAYERS

1359
00:39:26,467 --> 00:39:27,933
THAT CAN GO TO THINGS LIKE

1360
00:39:27,933 --> 00:39:30,300
EXPANDING THE EITC OR

1361
00:39:30,300 --> 00:39:31,667
REINVESTMENT IN THE WORK FORCE

1362
00:39:31,667 --> 00:39:33,500
DEVELOPMENT AND TRAINING

1363
00:39:33,500 --> 00:39:35,500
PROGRAMS OR EVEN PAYING FOR

1364
00:39:35,500 --> 00:39:38,400
EARLY CHILDHOOD EDUCATION.

1365
00:39:38,400 --> 00:39:40,167
FOR EVERY ONE IN TAXPAYER

1366
00:39:40,167 --> 00:39:42,967
DOLLARS, YOU GET $11 BACK IN

1367
00:39:42,967 --> 00:39:43,767
ECONOMIC RETURN.

1368
00:39:43,767 --> 00:39:45,700
IT IS INTERESTING THAT WE HAVE

1369
00:39:45,700 --> 00:39:47,367
A CONVERSATION ABOUT THE EITC

1370
00:39:47,367 --> 00:39:50,400
WHEN THE FACT OF THE MATTER

1371
00:39:50,400 --> 00:39:51,667
INCREASING THE MINIMUM WAGE HAS

1372
00:39:51,667 --> 00:39:53,400
PROVEN TO BE THE BEST

1373
00:39:53,400 --> 00:39:54,967
ANTIPOVERTY POLICY OUT THERE.

1374
00:39:54,967 --> 00:39:57,000
AND THAT HAS BEEN PROVEN IN

1375
00:39:57,000 --> 00:39:58,233
EVERY STATE AND CITY THAT HAS

1376
00:39:58,233 --> 00:39:58,900
DONE IT.

1377
00:39:58,900 --> 00:40:01,067
>> I'M NOT SURE --

1378
00:40:01,067 --> 00:40:01,733
>> YES.

1379
00:40:01,733 --> 00:40:04,667
>> RELATIVE TO CHRISTIAN'S

1380
00:40:04,667 --> 00:40:05,800
LAUDABLE CONCERN FOR THOSE

1381
00:40:05,800 --> 00:40:06,967
INDIVIDUALS THAT ARE NOT

1382
00:40:06,967 --> 00:40:09,000
NECESSARILY MAKING THE WAGE

1383
00:40:09,000 --> 00:40:10,867
THAT THEY WOULD LIKE TO, THESE

1384
00:40:10,867 --> 00:40:12,600
ARE INDIVIDUALS THAT HAVE A

1385
00:40:12,600 --> 00:40:15,133
CERTAIN VALUE TO THE EMPLOYER.

1386
00:40:15,133 --> 00:40:18,667
AND IF YOU ARTIFICIALLY INFLATE

1387
00:40:18,667 --> 00:40:20,333
THAT -- THAT AMOUNT THAT

1388
00:40:20,333 --> 00:40:22,000
THEY'RE PAID, THE VALUE DOESN'T

1389
00:40:22,000 --> 00:40:22,600
CHANGE.

1390
00:40:22,600 --> 00:40:23,600
THEY STILL HAVE THE SKILLS THAT

1391
00:40:23,600 --> 00:40:24,967
THEY HAVE AND NO MORE THAN

1392
00:40:24,967 --> 00:40:25,633
THAT.

1393
00:40:25,633 --> 00:40:26,933
SUDDENLY THAT EMPLOYER MAY BE

1394
00:40:26,933 --> 00:40:28,767
LOOKING AT SOMEONE ELSE RATHER

1395
00:40:28,767 --> 00:40:30,033
THAN THAT INDIVIDUAL TO REMAIN

1396
00:40:30,033 --> 00:40:31,400
IN THAT POSITION.

1397
00:40:31,400 --> 00:40:35,300
SO, FOR EXAMPLE, SAY AN OLDER

1398
00:40:35,300 --> 00:40:36,700
INDIVIDUAL IN SUCH A JOB IS NOT

1399
00:40:36,700 --> 00:40:38,467
ABLE TO, YOU KNOW, IS NOT ABLE

1400
00:40:38,467 --> 00:40:40,200
TO WORK WITH COMPUTERS THE WAY

1401
00:40:40,200 --> 00:40:42,633
THAT YOU CAN, SUDDENLY YOU LOOK

1402
00:40:42,633 --> 00:40:44,500
A LOT MORE ATTRACTIVE THAN THAT

1403
00:40:44,500 --> 00:40:45,633
INDIVIDUAL AND THAT INDIVIDUAL

1404
00:40:45,633 --> 00:40:46,267
MAY LOSE THEIR JOB.

1405
00:40:46,267 --> 00:40:50,267
THIS IS THE CONCERN WE HAVE

1406
00:40:50,267 --> 00:40:51,967
ABOUT A GAIN.

1407
00:40:51,967 --> 00:40:53,267
HERBERT'S INTENTIONS ARE VERY,

1408
00:40:53,267 --> 00:40:55,067
VERY GOOD BUT I THINK THE

1409
00:40:55,067 --> 00:40:56,467
CONSEQUENCES WILL NOT BE AS

1410
00:40:56,467 --> 00:40:58,500
STRAIGHTFORWARD AS BELIEVED.

1411
00:40:58,500 --> 00:41:00,200
>> I THINK THAT THE OPPONENTS

1412
00:41:00,200 --> 00:41:02,100
AND THE ADVOCATES, IT IS JUST

1413
00:41:02,100 --> 00:41:03,233
ONE OF THOSE THINGS WHERE YOU

1414
00:41:03,233 --> 00:41:05,067
HAVE TO FIND THAT BALANCE.

1415
00:41:05,067 --> 00:41:07,033
I AM A LONG-TIME STATE CIVIL

1416
00:41:07,033 --> 00:41:07,633
SERVANT.

1417
00:41:07,633 --> 00:41:08,700
AND I HAVEN'T BEEN IN IT FOR

1418
00:41:08,700 --> 00:41:09,300
THE MONEY.

1419
00:41:09,300 --> 00:41:12,600
I LOVE WHAT I DO.

1420
00:41:12,600 --> 00:41:15,467
I'VE WORKED FOR EVERY STATE

1421
00:41:15,467 --> 00:41:19,200
AGENCY POSSIBLE, WHETHER IT IS

1422
00:41:19,200 --> 00:41:23,067
HOUSING, DHS, FOOD STAMPS WHICH

1423
00:41:23,067 --> 00:41:24,800
IS NOW CHILDREN AND FAMILY

1424
00:41:24,800 --> 00:41:25,933
SERVICES.

1425
00:41:25,933 --> 00:41:27,667
I HAVE SEEN THE WHOLE SPECTRUM

1426
00:41:27,667 --> 00:41:29,600
OF POVERTY AND HOW PEOPLE TRY

1427
00:41:29,600 --> 00:41:32,967
TO RISE OUT OF IT FROM PUBLIC

1428
00:41:32,967 --> 00:41:34,767
HOUSING SECTION 8 AND OWNING A

1429
00:41:34,767 --> 00:41:35,700
HOME.

1430
00:41:35,700 --> 00:41:37,400
THERE ARE A LOT OF TOOLS OUT

1431
00:41:37,400 --> 00:41:39,100
THERE FOR EMPLOYERS.

1432
00:41:39,100 --> 00:41:41,033
I KNOW MR. PATTERSON TRIES TO

1433
00:41:41,033 --> 00:41:43,667
DO EVERYTHING THAT HE CAN FOR

1434
00:41:43,667 --> 00:41:46,067
EMPLOYERS TO BUILD THAT

1435
00:41:46,067 --> 00:41:47,033
INFRASTRUCTURE, BUT THERE IS

1436
00:41:47,033 --> 00:41:49,333
LIKE REPRESENTATIVE DIXON SAID,

1437
00:41:49,333 --> 00:41:50,700
THERE IS THE WORK OPPORTUNITY

1438
00:41:50,700 --> 00:41:51,600
TAX CREDIT.

1439
00:41:51,600 --> 00:41:54,900
I THINK EMPLOYERS HAVE TO DO

1440
00:41:54,900 --> 00:41:57,733
THEIR DUE DILIGENCE AND THE JOB

1441
00:41:57,733 --> 00:41:58,800
SEEKERS, THE UNEMPLOYMENT RATE

1442
00:41:58,800 --> 00:42:00,833
RIGHT NOW IN LOUISIANA IS

1443
00:42:00,833 --> 00:42:01,667
EXTREMELY LOW.

1444
00:42:01,667 --> 00:42:03,667
THERE ARE SO MANY ECONOMIC

1445
00:42:03,667 --> 00:42:04,867
DEVELOPMENT WINS TAKING PLACE

1446
00:42:04,867 --> 00:42:07,000
ACROSS THE STATE, SO THERE IS A

1447
00:42:07,000 --> 00:42:11,400
DEMAND FOR EMPLOYEES AND A LOT

1448
00:42:11,400 --> 00:42:13,533
OF THOSE WORKERS ARE UNSKILLED

1449
00:42:13,533 --> 00:42:15,600
AND WE ALSO HAVE TO PUT IN THE

1450
00:42:15,600 --> 00:42:17,100
INFRASTRUCTURE IN OUR

1451
00:42:17,100 --> 00:42:17,533
EDUCATION.

1452
00:42:17,533 --> 00:42:21,333
SO MANY WRAP-AROUND SERVICES --

1453
00:42:21,333 --> 00:42:22,633
THE MINIMUM WAGE IS GOING TO

1454
00:42:22,633 --> 00:42:24,233
HELP IN SOME RESPECTS, BUT,

1455
00:42:24,233 --> 00:42:25,600
AGAIN, IT IS GOING TO HURT.

1456
00:42:25,600 --> 00:42:27,667
I DO BELIEVE THE PHASE-IN

1457
00:42:27,667 --> 00:42:30,067
APPROACH WILL HELP, BUT IT IS A

1458
00:42:30,067 --> 00:42:32,200
WHOLE LOT OF OTHER PIECES TO

1459
00:42:32,200 --> 00:42:33,900
THIS PUZZLE TO MAKE THINGS

1460
00:42:33,900 --> 00:42:35,533
WORK, AND I REALLY SUGGEST THAT

1461
00:42:35,533 --> 00:42:38,400
YOU DO WORK WITH THE WORK FORCE

1462
00:42:38,400 --> 00:42:39,733
DEVELOPMENT AND BUSINESS AND

1463
00:42:39,733 --> 00:42:41,700
CAREER SOLUTION CENTERS TO HELP

1464
00:42:41,700 --> 00:42:43,100
YOU MEET YOUR EMPLOYMENT NEEDS.

1465
00:42:43,100 --> 00:42:44,367
THAT'S WHAT THEY'RE THERE FOR.

1466
00:42:44,367 --> 00:42:46,033
AND THEN YOU DON'T HAVE TO

1467
00:42:46,033 --> 00:42:47,967
SPEND MONEY ON ADVERTISING.

1468
00:42:47,967 --> 00:42:50,000
THAT'S WHAT THAT STATE AGENCY

1469
00:42:50,000 --> 00:42:52,033
IS THERE TO DO FOR YOU AS A

1470
00:42:52,033 --> 00:42:53,767
BUSINESS OWNER.

1471
00:42:53,767 --> 00:42:55,133
>> LET'S GET TIMOTHY IN.

1472
00:42:55,133 --> 00:42:56,900
>> I GUESS MY QUESTION IS FOR

1473
00:42:56,900 --> 00:42:58,600
THE GENTLEMAN THAT REPRESENTS

1474
00:42:58,600 --> 00:42:59,867
THE BUSINESSES OF LOUISIANA, IS

1475
00:42:59,867 --> 00:43:01,567
THAT WITH THE FEEDBACK THAT YOU

1476
00:43:01,567 --> 00:43:02,633
HAVE ABOUT BUSINESS, HOW MANY

1477
00:43:02,633 --> 00:43:04,567
OF THEM ACTUALLY SAY THAT THEY

1478
00:43:04,567 --> 00:43:05,667
WOULD RAISE THEIR RATES OF

1479
00:43:05,667 --> 00:43:07,600
THEIR EMPLOYEES WITHOUT A

1480
00:43:07,600 --> 00:43:08,133
MANDATE?

1481
00:43:08,133 --> 00:43:09,800
BECAUSE I THINK WHAT IS A REAL

1482
00:43:09,800 --> 00:43:10,867
DISCUSSION HERE IS IT REALLY

1483
00:43:10,867 --> 00:43:12,300
NUMBERS OR IS IT REALLY A

1484
00:43:12,300 --> 00:43:13,533
DISCUSSION OF ARE WE HAVING --

1485
00:43:13,533 --> 00:43:15,367
WE'RE BEING FORCED TO, A

1486
00:43:15,367 --> 00:43:15,900
MANDATE?

1487
00:43:15,900 --> 00:43:17,200
AND I THINK FROM THE FEEDBACK

1488
00:43:17,200 --> 00:43:18,600
THAT YOU GET MOSTLY FROM A LOT

1489
00:43:18,600 --> 00:43:21,600
OF PEOPLE IS THAT IT IS A

1490
00:43:21,600 --> 00:43:22,367
MANDATE.

1491
00:43:22,367 --> 00:43:23,600
IS IT REALLY SOMETHING THEY ARE

1492
00:43:23,600 --> 00:43:25,000
FEELING AGAINST BECAUSE OF THE

1493
00:43:25,000 --> 00:43:26,367
NUMBERS OR IS IT BECAUSE IT IS

1494
00:43:26,367 --> 00:43:27,900
A MANDATE FROM THE GOVERNMENT?

1495
00:43:27,900 --> 00:43:29,467
>> BUSINESSES WILL MAKE A

1496
00:43:29,467 --> 00:43:31,067
DECISION THAT LOGICALLY WORKS

1497
00:43:31,067 --> 00:43:33,167
FOR THEM IN TERMS OF THEIR GOAL

1498
00:43:33,167 --> 00:43:34,200
TO MAKE A PROFIT.

1499
00:43:34,200 --> 00:43:35,467
THAT IS WHY PEOPLE GET INTO

1500
00:43:35,467 --> 00:43:37,833
BUSINESS TO MAKE A PROFIT.

1501
00:43:37,833 --> 00:43:39,833
JUST AS YOU CHOOSE TO ENGAGE IN

1502
00:43:39,833 --> 00:43:41,133
EMPLOYMENT IN ORDER TO MAKE

1503
00:43:41,133 --> 00:43:42,600
MONEY, THEY ARE TRYING TO MAKE

1504
00:43:42,600 --> 00:43:43,067
MONEY.

1505
00:43:43,067 --> 00:43:46,067
SO, THEY WILL NECESSARILY MAKE

1506
00:43:46,067 --> 00:43:47,267
THE DECISION GOING FORWARD THAT

1507
00:43:47,267 --> 00:43:48,833
BEST SUITS THE SITUATION THAT

1508
00:43:48,833 --> 00:43:49,533
THEY'RE IN.

1509
00:43:49,533 --> 00:43:51,733
IF, IN FACT, YOU HAVE AN

1510
00:43:51,733 --> 00:43:53,267
INCREASED DEMAND FOR THE KINDS

1511
00:43:53,267 --> 00:43:54,833
OF EMPLOYEES THAT THEY ARE

1512
00:43:54,833 --> 00:43:56,300
LOOKING FOR, THEY ARE

1513
00:43:56,300 --> 00:43:57,267
NECESSARILY GOING TO HAVE TO

1514
00:43:57,267 --> 00:43:58,800
PAY MORE IN ORDER TO ATTRACT

1515
00:43:58,800 --> 00:43:59,600
THOSE EMPLOYEES.

1516
00:43:59,600 --> 00:44:01,167
THAT IS A PART OF THE

1517
00:44:01,167 --> 00:44:01,800
MARKETPLACE.

1518
00:44:01,800 --> 00:44:04,300
THAT IS HOW IT OPERATES IN

1519
00:44:04,300 --> 00:44:05,233
NORMAL CIRCUMSTANCES.

1520
00:44:05,233 --> 00:44:10,233
WHEN WE GO AND START TINKERING

1521
00:44:10,233 --> 00:44:11,733
WITH IT AT A GOVERNMENT LEVEL,

1522
00:44:11,733 --> 00:44:13,400
YOU START TO CREATE

1523
00:44:13,400 --> 00:44:14,567
CONSEQUENCES THAT ARE

1524
00:44:14,567 --> 00:44:15,900
UNINTENDED AND ARE ACTUALLY

1525
00:44:15,900 --> 00:44:17,100
ADVERSE TO MANY PEOPLE THAT YOU

1526
00:44:17,100 --> 00:44:19,400
ARE TRYING TO HELP, WE BELIEVE.

1527
00:44:19,400 --> 00:44:20,567
>> AREN'T SMALL BUSINESSES

1528
00:44:20,567 --> 00:44:21,467
ALREADY DOING THAT?

1529
00:44:21,467 --> 00:44:22,933
WE HAVE TWO SMALL BUSINESS

1530
00:44:22,933 --> 00:44:24,000
OWNERS WITH US TONIGHT.

1531
00:44:24,000 --> 00:44:25,700
BOTH OF YOU PAY YOUR EMPLOYEES

1532
00:44:25,700 --> 00:44:27,133
MORE THAN THE MINIMUM WAGE.

1533
00:44:27,133 --> 00:44:29,567
SO YOU ARE TRYING TO ATTRACT

1534
00:44:29,567 --> 00:44:31,500
SKILLED WORKERS, OR YOU ARE

1535
00:44:31,500 --> 00:44:33,533
TRYING TO ATTRACT A CERTAIN

1536
00:44:33,533 --> 00:44:35,867
TYPE OF WORKER BY THAT

1537
00:44:35,867 --> 00:44:36,433
INCENTIVE?

1538
00:44:36,433 --> 00:44:39,700
YOU ARE USING MONEY AS AN

1539
00:44:39,700 --> 00:44:40,633
INCENTIVE?

1540
00:44:40,633 --> 00:44:41,867
ISN'T THAT ALREADY HAPPENING?

1541
00:44:41,867 --> 00:44:42,667
>> ABSOLUTELY.

1542
00:44:42,667 --> 00:44:45,033
AND IT SHOULD BE ALLOWED TO

1543
00:44:45,033 --> 00:44:45,467
HAPPEN.

1544
00:44:45,467 --> 00:44:46,933
>> TO ANSWER HIS QUESTION, NOT

1545
00:44:46,933 --> 00:44:48,033
NECESSARILY THE RAISE, BUT

1546
00:44:48,033 --> 00:44:49,267
BEING FORCED TO DO SOMETHING OR

1547
00:44:49,267 --> 00:44:50,533
BEING TOLD THAT YOU HAVE TO DO

1548
00:44:50,533 --> 00:44:51,733
SOMETHING, IS THAT MORE THE

1549
00:44:51,733 --> 00:44:52,167
ISSUE?

1550
00:44:52,167 --> 00:44:54,400
>> NO, I THINK IT REALLY IS THE

1551
00:44:54,400 --> 00:44:55,533
CONSEQUENCE OF THE INCREASE.

1552
00:44:55,533 --> 00:44:57,367
AND WE ALL NEED TO REALIZE THAT

1553
00:44:57,367 --> 00:44:58,533
WE'RE NOT JUST TALKING ABOUT

1554
00:44:58,533 --> 00:45:01,100
THE INCREASE IN THE -- THE WAGE

1555
00:45:01,100 --> 00:45:02,333
RATE, THE HOURLY RATE.

1556
00:45:02,333 --> 00:45:04,167
IT HAS A CONSEQUENCE BEYOND

1557
00:45:04,167 --> 00:45:06,233
THAT BECAUSE I, AS AN EMPLOYER,

1558
00:45:06,233 --> 00:45:09,133
HAVE TO PAY TAXES AND INSURANCE

1559
00:45:09,133 --> 00:45:10,867
PREMIUMS ON THE PAYROLL THAT I

1560
00:45:10,867 --> 00:45:11,367
HAVE.

1561
00:45:11,367 --> 00:45:13,000
SO, WHEN YOU ARBITRARILY TELL

1562
00:45:13,000 --> 00:45:14,600
ME NOW THAT I HAVE TO PAY THIS

1563
00:45:14,600 --> 00:45:16,967
MUCH MORE, THEN I'VE ALSO GOT

1564
00:45:16,967 --> 00:45:19,167
TO PAY THAT MUCH MORE IN OTHER

1565
00:45:19,167 --> 00:45:20,233
EXPENSES THAT WERE NOT

1566
00:45:20,233 --> 00:45:21,367
CONTEMPLATED NECESSARILY.

1567
00:45:21,367 --> 00:45:22,400
>> I THINK IT IS INTERESTING

1568
00:45:22,400 --> 00:45:23,533
THAT WE TALK ABOUT BUSINESSES

1569
00:45:23,533 --> 00:45:24,967
AND THE PRIMARY DRIVER BEING

1570
00:45:24,967 --> 00:45:25,533
PROFIT.

1571
00:45:25,533 --> 00:45:26,733
IF YOU LOOK AT LOUISIANA AND

1572
00:45:26,733 --> 00:45:28,100
MINIMUM WAGE WORKERS IN

1573
00:45:28,100 --> 00:45:29,333
LOUISIANA, THE VAST MAJORITY OF

1574
00:45:29,333 --> 00:45:30,767
THEM ARE EMPLOYED BY

1575
00:45:30,767 --> 00:45:32,733
INTERNATIONAL COMPANIES AND

1576
00:45:32,733 --> 00:45:35,067
NATIONAL COMPANIES, NATIONAL

1577
00:45:35,067 --> 00:45:36,567
FRANCHISES AND CHAINS THAT MAKE

1578
00:45:36,567 --> 00:45:38,633
MILLIONS IN PROFITS, BILLIONS

1579
00:45:38,633 --> 00:45:40,033
EVEN.

1580
00:45:40,033 --> 00:45:44,700
EVEN THROUGH THE MOST RECENT

1581
00:45:44,700 --> 00:45:47,000
RECESSION, COMPANIES LIKE

1582
00:45:47,000 --> 00:45:49,600
WALMART, McDONALD'S -- LOOK AT

1583
00:45:49,600 --> 00:45:50,100
COSTCO.

1584
00:45:50,100 --> 00:45:51,833
COSTCO IS OPENING UP A NEW

1585
00:45:51,833 --> 00:45:52,933
BEAUTIFUL FACILITY HERE IN

1586
00:45:52,933 --> 00:45:53,500
BATON ROUGE.

1587
00:45:53,500 --> 00:45:54,767
GUESS WHAT, THEY PAY ALL OF

1588
00:45:54,767 --> 00:45:55,767
THEIR EMPLOYEES ABOVE THE

1589
00:45:55,767 --> 00:45:56,400
MINIMUM WAGE.

1590
00:45:56,400 --> 00:45:57,300
SO, IT CAN WORK.

1591
00:45:57,300 --> 00:45:58,100
IT CAN HAPPEN.

1592
00:45:58,100 --> 00:45:59,367
THESE BUSINESSES CAN ABSORB

1593
00:45:59,367 --> 00:46:00,033
THAT COST.

1594
00:46:00,033 --> 00:46:01,767
BUT GETTING BACK TO THE POINT

1595
00:46:01,767 --> 00:46:03,433
THAT MR. TIMOTHY MADE EARLIER,

1596
00:46:03,433 --> 00:46:05,333
WE AS AMERICANS, WE VALUE HARD

1597
00:46:05,333 --> 00:46:05,733
WORK.

1598
00:46:05,733 --> 00:46:07,500
IF YOU A MINIMUM WAGE WORKER

1599
00:46:07,500 --> 00:46:09,833
WORKING 40 HOURS A WEEK, 52

1600
00:46:09,833 --> 00:46:11,267
WEEKS A YEAR, THAT MEANS YOU

1601
00:46:11,267 --> 00:46:12,933
TOOK NO VACATION, NO SICK DAYS

1602
00:46:12,933 --> 00:46:15,000
AND YOU ARRIVED ON TIME FOR

1603
00:46:15,000 --> 00:46:16,433
YOUR HOURLY JOB EVERY SINGLE

1604
00:46:16,433 --> 00:46:18,333
DAY, YOU'RE STILL IN POVERTY IF

1605
00:46:18,333 --> 00:46:20,300
YOU HAVE ONE CHILD.

1606
00:46:20,300 --> 00:46:21,933
>> VERY FEW MINIMUM WAGE

1607
00:46:21,933 --> 00:46:23,600
WORKERS WORK 40 HOURS A WEEK.

1608
00:46:23,600 --> 00:46:24,833
MOST ARE ON PART-TIME.

1609
00:46:24,833 --> 00:46:26,267
I WOULD LIKE TO ADDRESS AN

1610
00:46:26,267 --> 00:46:27,633
ISSUE ABOUT THE REACTIONS OF

1611
00:46:27,633 --> 00:46:29,933
PEOPLE IF THEY'RE FORCED TO DO

1612
00:46:29,933 --> 00:46:30,633
THIS.

1613
00:46:30,633 --> 00:46:31,700
I DON'T HAVE INFORMATION FOR

1614
00:46:31,700 --> 00:46:32,133
LOUISIANA.

1615
00:46:32,133 --> 00:46:35,533
BUT I KNOW THAT DUKE UNIVERSITY

1616
00:46:35,533 --> 00:46:38,767
IN CONJUNCTION WITH GLOBAL,

1617
00:46:38,767 --> 00:46:40,800
SOMETHING OR OTHER MAGAZINE,

1618
00:46:40,800 --> 00:46:45,067
DID A SURVEY AND THEY ASKED

1619
00:46:45,067 --> 00:46:49,267
CEO'S OF BIG COMPANIES IN DIRNT

1620
00:46:49,267 --> 00:46:52,267
DIRNT -- DIFFERENT SECTORS OF

1621
00:46:52,267 --> 00:46:54,800
OF THE ECONOMY, WOULD YOU

1622
00:46:54,800 --> 00:46:56,000
REDUCE HIRING IF THE MINIMUM

1623
00:46:56,000 --> 00:46:56,900
WAGE WAS INCREASED?

1624
00:46:56,900 --> 00:46:58,333
WHEN THEY LEFT IT OPEN-ENDED

1625
00:46:58,333 --> 00:47:00,067
LIKE THAT, THE MAJORITY DIDN'T

1626
00:47:00,067 --> 00:47:01,667
SAY THAT THEY WOULD REDUCE

1627
00:47:01,667 --> 00:47:02,333
HIRING.

1628
00:47:02,333 --> 00:47:03,633
OKAY, BUT WHEN THEY ASKED THE

1629
00:47:03,633 --> 00:47:04,667
QUESTION, WOULD YOU REDUCE

1630
00:47:04,667 --> 00:47:06,000
HIRING IF THE MINIMUM WAGE WENT

1631
00:47:06,000 --> 00:47:07,467
TO $10?

1632
00:47:07,467 --> 00:47:09,533
BETWEEN 81 AND 93% OF THEM SAID

1633
00:47:09,533 --> 00:47:11,200
YES, WE WOULD.

1634
00:47:11,200 --> 00:47:14,067
SO, THE SIZE OF THE ADJUSTMENT

1635
00:47:14,067 --> 00:47:14,567
MATTERS.

1636
00:47:14,567 --> 00:47:18,467
THE RESPONSIVENESS OF HOW

1637
00:47:18,467 --> 00:47:19,800
EMPLOYERS ACTUALLY REACT IS

1638
00:47:19,800 --> 00:47:21,400
SOMETHING THAT IS VERY

1639
00:47:21,400 --> 00:47:23,400
DIFFICULT TO FIGURE OUT.

1640
00:47:23,400 --> 00:47:24,800
ECONOMISTS TRY, BUT, YOU KNOW,

1641
00:47:24,800 --> 00:47:26,100
YOU CAN'T REALLY -- IT IS THE

1642
00:47:26,100 --> 00:47:27,533
KIND OF THING THAT YOU DON'T

1643
00:47:27,533 --> 00:47:28,600
KNOW UNTIL AFTER THE FACT.

1644
00:47:28,600 --> 00:47:30,000
THAT'S WHY I SAY, YOU LOOK AT

1645
00:47:30,000 --> 00:47:32,700
PAST EXPERIENCE AND YOU TRY TO

1646
00:47:32,700 --> 00:47:33,767
GAIN SOME KNOWLEDGE --

1647
00:47:33,767 --> 00:47:35,300
>> IF I CAN BRIEFLY, BECAUSE I

1648
00:47:35,300 --> 00:47:36,833
WAS CUT OFF.

1649
00:47:36,833 --> 00:47:38,067
ACTUALLY WE HAVE LOUISIANA

1650
00:47:38,067 --> 00:47:39,667
NUMBERS AT THE LOUISIANA BUDGET

1651
00:47:39,667 --> 00:47:40,233
PROJECT.

1652
00:47:40,233 --> 00:47:41,900
66% OF MINIMUM WAGE EARNERS IN

1653
00:47:41,900 --> 00:47:43,967
THIS STATE ARE FULL-TIME

1654
00:47:43,967 --> 00:47:44,533
WORKERS.

1655
00:47:44,533 --> 00:47:46,567
FOR EVERY ONE TEENAGER THAT

1656
00:47:46,567 --> 00:47:48,700
WOULD GET A PAY RAISE AS A

1657
00:47:48,700 --> 00:47:49,667
RESULT OF MINIMUM WAGE

1658
00:47:49,667 --> 00:47:51,200
INCREASE, THREE PEOPLE OVER THE

1659
00:47:51,200 --> 00:47:53,767
AGE OF 40.

1660
00:47:53,767 --> 00:47:55,200
THREE TIMES OF -- OVER THE AGE

1661
00:47:55,200 --> 00:47:57,400
OF 40, AND 300,000 CHILDREN IN

1662
00:47:57,400 --> 00:48:00,267
OUR STATE WHO HAVE AT LEAST ONE

1663
00:48:00,267 --> 00:48:01,800
PARENT WHO WOULD RECEIVE A PAY

1664
00:48:01,800 --> 00:48:03,700
RAISE AS A RESULT OF A MINIMUM

1665
00:48:03,700 --> 00:48:04,500
WAGE INCREASE.

1666
00:48:04,500 --> 00:48:06,133
YOU'RE RIGHT, SIR, PEOPLE ARE

1667
00:48:06,133 --> 00:48:09,933
NOT NECESSARILY MOTIVATED BY

1668
00:48:09,933 --> 00:48:10,367
MOM.

1669
00:48:10,367 --> 00:48:12,467
BUT IF YOU ARE A SINGLE MOM,

1670
00:48:12,467 --> 00:48:16,300
YOU CAN WORK AT COMPANY A,

1671
00:48:16,300 --> 00:48:19,967
$7.75 ON COMPANY THAT PAYS YOU

1672
00:48:19,967 --> 00:48:20,533
$10.10.

1673
00:48:20,533 --> 00:48:22,133
SHE IS GOING TO CHOOSE THE

1674
00:48:22,133 --> 00:48:22,533
$10.10.

1675
00:48:22,533 --> 00:48:24,133
>> ONE THING THAT I'M INTRIGUED

1676
00:48:24,133 --> 00:48:26,133
BY, I KNOW YOU MENTIONED

1677
00:48:26,133 --> 00:48:27,667
REPRESENTATIVE THAT YOUR BILL

1678
00:48:27,667 --> 00:48:28,600
INCREMENTS IT.

1679
00:48:28,600 --> 00:48:30,400
LET'S JUMP.

1680
00:48:30,400 --> 00:48:31,400
WE'RE TALKING $10.10.

1681
00:48:31,400 --> 00:48:33,567
THAT IS ROUGHLY, AS I FIGURED

1682
00:48:33,567 --> 00:48:37,667
IT OUT, A 38% INCREASE.

1683
00:48:37,667 --> 00:48:38,833
NOW, HOW MANY BUSINESSES AND

1684
00:48:38,833 --> 00:48:41,633
WHAT DO THE BUSINESSES HAVE TO

1685
00:48:41,633 --> 00:48:45,133
DO IN RESPONSE TO ABSORBING

1686
00:48:45,133 --> 00:48:47,333
THAT 38%, AND AS YOU JUST

1687
00:48:47,333 --> 00:48:50,700
MENTIONED, NOW WE'RE LOOKING AT

1688
00:48:50,700 --> 00:48:52,733
HIGHER WORKMEN'S COMP, HIGHER

1689
00:48:52,733 --> 00:48:54,833
TAXES, EVERYTHING THAT GOES UP

1690
00:48:54,833 --> 00:48:56,133
WITH THEIR PAYROLL.

1691
00:48:56,133 --> 00:48:58,233
THE ECONOMISTS CAN TELL US, I

1692
00:48:58,233 --> 00:48:59,667
DON'T KNOW, MAYBE THAT COMES

1693
00:48:59,667 --> 00:49:03,067
OUT OF THE 42% RAISE FOR THE

1694
00:49:03,067 --> 00:49:03,533
BUSINESS.

1695
00:49:03,533 --> 00:49:04,933
HOW ARE THEY SUPPOSED TO SUCK

1696
00:49:04,933 --> 00:49:05,800
THAT UP?

1697
00:49:05,800 --> 00:49:10,233
>> YES, AND I WANT TO -- I HEAR

1698
00:49:10,233 --> 00:49:10,867
YOU.

1699
00:49:10,867 --> 00:49:12,400
ANY BUSINESS WITH THAT

1700
00:49:12,400 --> 00:49:14,400
INCREASE, THAT OUGHT TO BE

1701
00:49:14,400 --> 00:49:14,967
DIFFICULT.

1702
00:49:14,967 --> 00:49:17,800
AND SO, I'M LOOKING AT 2016,

1703
00:49:17,800 --> 00:49:20,700
AND LOOKING AT THIS HISTORY OF

1704
00:49:20,700 --> 00:49:21,533
MINIMUM WAGE GOING UP.

1705
00:49:21,533 --> 00:49:23,267
WE CAN HAVE THE ECONOMIC

1706
00:49:23,267 --> 00:49:24,867
FORECAST ALL WE WANT.

1707
00:49:24,867 --> 00:49:26,900
70% OF AMERICANS SAY THAT THE

1708
00:49:26,900 --> 00:49:28,067
MINIMUM WAGE OUGHT TO GO UP AND

1709
00:49:28,067 --> 00:49:30,733
THAT CROSSES ALL OF THE

1710
00:49:30,733 --> 00:49:32,500
DYNAMICS, WHETHER IT IS BLACK,

1711
00:49:32,500 --> 00:49:33,067
WHITE.

1712
00:49:33,067 --> 00:49:34,200
WHAT I'M TELLING YOU, IN MY

1713
00:49:34,200 --> 00:49:36,600
BILL, WHAT I'M TRYING TO DO IS

1714
00:49:36,600 --> 00:49:39,667
IN INCREMENTS, FROM $7.25, NOT

1715
00:49:39,667 --> 00:49:42,900
JULY 1, THE FIRST OF THIS FIZZ

1716
00:49:42,900 --> 00:49:45,167
FISCAL YEAR, BUT THE NEXT

1717
00:49:45,167 --> 00:49:47,767
FISCAL YEAR RAISE IT $1 AND LET

1718
00:49:47,767 --> 00:49:49,233
BUSINESSES ACCLIMATE THEMSELVES

1719
00:49:49,233 --> 00:49:50,067
TO THAT.

1720
00:49:50,067 --> 00:49:52,333
THEN IN 2016, YOU PUT 75 CENTS

1721
00:49:52,333 --> 00:49:53,333
ON TOP OF THAT.

1722
00:49:53,333 --> 00:49:55,367
YOU GET IT AT $9.

1723
00:49:55,367 --> 00:49:56,633
YOU ARE RIGHT AROUND THE

1724
00:49:56,633 --> 00:49:57,500
PRESIDENTIAL ELECTION.

1725
00:49:57,500 --> 00:49:59,500
I SUBMIT TO YOU, IF WE HAD THIS

1726
00:49:59,500 --> 00:50:01,133
SETTING AGAIN IN A YEAR AND A

1727
00:50:01,133 --> 00:50:04,967
HALF, YOU'RE GOING TO FIND THAT

1728
00:50:04,967 --> 00:50:07,633
70% OF FOLKS THAT -- THEY ARE

1729
00:50:07,633 --> 00:50:09,367
GOING TO SAY TO THEIR

1730
00:50:09,367 --> 00:50:10,833
LEGISLATORS AND CONGRESSMAN,

1731
00:50:10,833 --> 00:50:14,167
VOTE FOR THE MINIMUM WAGE --

1732
00:50:14,167 --> 00:50:15,600
>> IF WE HAVE TO --

1733
00:50:15,600 --> 00:50:17,400
>> LET'S JUST HEAR FROM HIM.

1734
00:50:17,400 --> 00:50:18,933
YOU'RE AGAIN, REPRESENTING THE

1735
00:50:18,933 --> 00:50:19,500
BUSINESSES.

1736
00:50:19,500 --> 00:50:22,300
IS THE PHASE-IN APPROACH A WAY

1737
00:50:22,300 --> 00:50:23,767
TO DEAL WITH IT BETTER?

1738
00:50:23,767 --> 00:50:27,833
WOULD BUSINESSES BE MORE APT TO

1739
00:50:27,833 --> 00:50:29,700
ACCEPTING A PHASED-IN APPROACH?

1740
00:50:29,700 --> 00:50:31,333
>> I DON'T NECESSARILY THEY

1741
00:50:31,333 --> 00:50:33,067
WOULD BE MORE APT TO ACCEPT IT.

1742
00:50:33,067 --> 00:50:34,233
DOES IT HURT AS MUCH?

1743
00:50:34,233 --> 00:50:35,067
PERHAPS NOT.

1744
00:50:35,067 --> 00:50:36,733
BUT YOU STILL HAVE TO DEAL WITH

1745
00:50:36,733 --> 00:50:38,267
THAT COST INCREASE AND WHATEVER

1746
00:50:38,267 --> 00:50:41,267
CLOSE MARGINS YOU'RE DEALING

1747
00:50:41,267 --> 00:50:41,600
WITH.

1748
00:50:41,600 --> 00:50:42,733
AND THAT IS THE THING WE NEED

1749
00:50:42,733 --> 00:50:43,500
TO UNDERSTAND.

1750
00:50:43,500 --> 00:50:44,967
A LOT OF BUSINESSES PAYING THAT

1751
00:50:44,967 --> 00:50:46,000
MINIMUM WAGE ARE DOING SO

1752
00:50:46,000 --> 00:50:47,967
BECAUSE THEY HAVE A VERY NARROW

1753
00:50:47,967 --> 00:50:48,833
MARGIN.

1754
00:50:48,833 --> 00:50:51,900
SO, EVEN A DOLLAR, OR 75 CENTS,

1755
00:50:51,900 --> 00:50:53,000
CAN REPRESENT A SIGNIFICANT

1756
00:50:53,000 --> 00:50:53,900
INCREASE FOR THEM.

1757
00:50:53,900 --> 00:50:56,733
YOU KNOW, IT MAY NOT BE SO FOR

1758
00:50:56,733 --> 00:50:57,267
MICHAEL.

1759
00:50:57,267 --> 00:50:58,733
BUT IT CAN BE FOR CERTAIN

1760
00:50:58,733 --> 00:50:59,300
BUSINESSES.

1761
00:50:59,300 --> 00:51:00,767
AND WHAT WE'RE SAYING IS THAT

1762
00:51:00,767 --> 00:51:04,233
YOU'RE GOING TO END UP HAVING

1763
00:51:04,233 --> 00:51:07,000
SOME SIGNIFICANT IMPACT ON

1764
00:51:07,000 --> 00:51:08,033
INDIVIDUALS' LIVES TO THE

1765
00:51:08,033 --> 00:51:08,567
ADVERSE.

1766
00:51:08,567 --> 00:51:10,333
AND WE DON'T WANT TO SEE THAT

1767
00:51:10,333 --> 00:51:11,200
HAPPENING.

1768
00:51:11,200 --> 00:51:14,667
WE LIKE THE FACT THAT IN

1769
00:51:14,667 --> 00:51:17,367
LOUISIANA, WE HAVE AN ECONOMY

1770
00:51:17,367 --> 00:51:18,700
DICTATING WHAT PEOPLE ARE PAID.

1771
00:51:18,700 --> 00:51:20,000
THAT'S THE WAY THAT WE BELIEVE

1772
00:51:20,000 --> 00:51:20,900
THAT IT SHOULD BE.

1773
00:51:20,900 --> 00:51:22,533
>> OKAY.

1774
00:51:22,533 --> 00:51:23,000
YES.

1775
00:51:23,000 --> 00:51:25,367
>> I THINK MR. MICHAEL -- I

1776
00:51:25,367 --> 00:51:28,000
THINK MR. MICHAEL BRINGS A

1777
00:51:28,000 --> 00:51:29,000
GREAT POINT ACTUALLY.

1778
00:51:29,000 --> 00:51:30,833
HAD THE VALUE OF THE MINIMUM

1779
00:51:30,833 --> 00:51:32,000
WAGE, ACTUAL PURCHASING POWER

1780
00:51:32,000 --> 00:51:33,867
OF THE MINIMUM WAGE REMAINED

1781
00:51:33,867 --> 00:51:35,567
CONSISTENT SINCE 1968, IT WOULD

1782
00:51:35,567 --> 00:51:38,400
ALREADY BE MORE THAN $10 HOUR.

1783
00:51:38,400 --> 00:51:42,633
IT HAD INCREASED WITH WORKER

1784
00:51:42,633 --> 00:51:43,700
PRODUCTIVITY, ACTUALLY UP

1785
00:51:43,700 --> 00:51:44,800
AROUND $15 AN HOUR.

1786
00:51:44,800 --> 00:51:46,300
OF COURSE, JUST LIKE YOU

1787
00:51:46,300 --> 00:51:47,500
MENTIONED, IF A BILL DICTATES

1788
00:51:47,500 --> 00:51:48,800
THAT A BUSINESS HAS TO PAY ALL

1789
00:51:48,800 --> 00:51:53,333
OF ITS EMPLOYEES FROM $7.25 TO

1790
00:51:53,333 --> 00:51:54,833
$15, IF MY BOSS HAD TO DEAL

1791
00:51:54,833 --> 00:51:56,133
WITH THAT, HE WOULD PROBABLY

1792
00:51:56,133 --> 00:51:56,700
FIRE ME.

1793
00:51:56,700 --> 00:51:58,067
I HEAR YOU 100% ON THAT.

1794
00:51:58,067 --> 00:52:00,433
THE POINT THAT YOU GET TO IS

1795
00:52:00,433 --> 00:52:02,933
WHY IT IS SO IMPORTANT TO NOT

1796
00:52:02,933 --> 00:52:04,300
ONLY ESTABLISH THE MINIMUM WAGE

1797
00:52:04,300 --> 00:52:05,733
BUT TIE THAT MINIMUM WAGE WITH

1798
00:52:05,733 --> 00:52:07,333
THE COST OF INFLATION.

1799
00:52:07,333 --> 00:52:08,567
THAT WAY BUSINESSES DON'T HAVE

1800
00:52:08,567 --> 00:52:10,733
TO DEAL WITH THE SHOCK WHILE AT

1801
00:52:10,733 --> 00:52:12,233
THE SAME TIME THE AMOUNT THAT

1802
00:52:12,233 --> 00:52:13,400
EMPLOYEES ARE GETTING PAID

1803
00:52:13,400 --> 00:52:15,233
STILL ALLOWS THEM TO BUY

1804
00:52:15,233 --> 00:52:16,633
EVERYDAY GOODS LIKE MILK, BREAD

1805
00:52:16,633 --> 00:52:18,467
AND STUFF FOR THEIR FAMILY.

1806
00:52:18,467 --> 00:52:20,067
THE ONLY REASON WHY WE'RE

1807
00:52:20,067 --> 00:52:22,933
HAVING THIS CONVERSATION IS

1808
00:52:22,933 --> 00:52:26,133
BECAUSE $5.25 A COUPLE OF YEARS

1809
00:52:26,133 --> 00:52:28,467
AGO BOUGHT YOU MORE THAN WHAT

1810
00:52:28,467 --> 00:52:29,767
$7.25 BUYS YOU TODAY.

1811
00:52:29,767 --> 00:52:31,233
THAT IS THE ONLY REASON WE'RE

1812
00:52:31,233 --> 00:52:32,300
HAVING THIS CONVERSATION.

1813
00:52:32,300 --> 00:52:33,233
>> DR. HEBERT, GET YOUR

1814
00:52:33,233 --> 00:52:34,033
THOUGHTS ON THIS.

1815
00:52:34,033 --> 00:52:36,700
>> THE MARKET HAS ALREADY TAKEN

1816
00:52:36,700 --> 00:52:40,200
CARE TO THAT TO A LARGE EXTENT.

1817
00:52:40,200 --> 00:52:41,433
WHY THIS GENTLEMAN GOT MORE

1818
00:52:41,433 --> 00:52:42,933
THAN THE MINIMUM WAGE IS HIS

1819
00:52:42,933 --> 00:52:44,533
EMPLOYER FELT HE WAS

1820
00:52:44,533 --> 00:52:45,700
CONTRIBUTING AT LEAST THAT MUCH

1821
00:52:45,700 --> 00:52:47,033
TO THE BOTTOM LINE.

1822
00:52:47,033 --> 00:52:50,500
INDIVIDUAL PRODUCTIVITY, NOT

1823
00:52:50,500 --> 00:52:52,233
AGGREGATE PRODUCTIVITY.

1824
00:52:52,233 --> 00:52:53,933
AGGREGATE PRODUCTIVITY, WE

1825
00:52:53,933 --> 00:52:55,667
SHOULD GET $15 AN HOUR.

1826
00:52:55,667 --> 00:52:58,233
SOME OF US GET $50, SOME GET

1827
00:52:58,233 --> 00:53:00,367
$10, SOME GETS $7.75.

1828
00:53:00,367 --> 00:53:01,600
THAT IS NOT THE ISSUE.

1829
00:53:01,600 --> 00:53:07,067
IF YOU WANT TO ELIMINATE OR

1830
00:53:07,067 --> 00:53:10,267
ALLEVIATE POVERTY, YOU HAVE

1831
00:53:10,267 --> 00:53:11,900
TO -- GARRETT SAYING RAISING

1832
00:53:11,900 --> 00:53:15,300
THE MINIMUM WAGE IS A BAND-AID.

1833
00:53:15,300 --> 00:53:18,533
THAT PRECISELY WHAT IT IS.

1834
00:53:18,533 --> 00:53:20,033
BAND-AIDS HELP FOR AWHILE BUT

1835
00:53:20,033 --> 00:53:21,067
DON'T SOLVE THE PROBLEM.

1836
00:53:21,067 --> 00:53:23,067
WE HAVE TO GET DOWN TO WHY TO

1837
00:53:23,067 --> 00:53:24,933
PEOPLE MAKE LESS THAN WHAT THEY

1838
00:53:24,933 --> 00:53:25,867
SHOULD BE MAKING.

1839
00:53:25,867 --> 00:53:28,733
THEY DON'T HAVE THE

1840
00:53:28,733 --> 00:53:30,767
PRODUCTIVITY, THE SKILLS, THEY

1841
00:53:30,767 --> 00:53:32,700
DON'T HAVE THE EDUCATION OR

1842
00:53:32,700 --> 00:53:33,567
EXPERIENCE.

1843
00:53:33,567 --> 00:53:39,333
PUBLIC POLICY IN MY OPINION --

1844
00:53:39,333 --> 00:53:41,033
>> I WANT TO ADD THAT AGAIN

1845
00:53:41,033 --> 00:53:42,767
WE'RE IGNORING THE INFLATIONARY

1846
00:53:42,767 --> 00:53:46,133
IMPACT OF DOING THIS.

1847
00:53:46,133 --> 00:53:47,733
THERE IS GOING TO BE A GREATER

1848
00:53:47,733 --> 00:53:49,067
COST OF GOODS AND SERVICES TO

1849
00:53:49,067 --> 00:53:51,900
THE CONSUMERS AS A RESULT OF

1850
00:53:51,900 --> 00:53:52,300
THIS.

1851
00:53:52,300 --> 00:53:53,867
THESE COMPANIES THAT DAVE WAS

1852
00:53:53,867 --> 00:53:56,567
REFERRING TO, THEY DON'T ABSORB

1853
00:53:56,567 --> 00:53:56,900
IT.

1854
00:53:56,900 --> 00:53:58,100
THEY GO AND SEND IT ALONG TO

1855
00:53:58,100 --> 00:54:00,400
THE CONSUMER, AND THAT IS WHAT

1856
00:54:00,400 --> 00:54:02,100
CAUSES STATES THAT DO HAVE A

1857
00:54:02,100 --> 00:54:03,267
HIGHER MINIMUM WAGE TO HAVE A

1858
00:54:03,267 --> 00:54:04,800
HIGHER COST OF LIVING AS A

1859
00:54:04,800 --> 00:54:05,100
RESULT.

1860
00:54:05,100 --> 00:54:05,800
>> UH-HMM.

1861
00:54:05,800 --> 00:54:08,600
>> WE HAVE A LOW KOZ OF LIVING

1862
00:54:08,600 --> 00:54:09,867
RELATIVELY SPEAKING.

1863
00:54:09,867 --> 00:54:13,500
WE ARE NOT NCESSARILY GOING TO

1864
00:54:13,500 --> 00:54:14,700
BE BETTER OFF.

1865
00:54:14,700 --> 00:54:16,100
>> WE HAVE ACTUALLY COME TO THE

1866
00:54:16,100 --> 00:54:17,867
END OF THE SHOW.

1867
00:54:17,867 --> 00:54:19,267
WE HAVE RUN OUT OF TIME.

1868
00:54:19,267 --> 00:54:20,800
THIS GIVES YOU AN IDEA OF WHAT

1869
00:54:20,800 --> 00:54:22,200
THE DEBATE IS GOING TO BE LIKE

1870
00:54:22,200 --> 00:54:24,300
AT THE CAPITOL -- THERE ARE 14

1871
00:54:24,300 --> 00:54:26,000
BILLS ACTUALLY THAT DEAL WITH

1872
00:54:26,000 --> 00:54:27,000
THE MINIMUM WAGE.

1873
00:54:27,000 --> 00:54:28,500
AND YOUR'S IS ONE OF THEM.

1874
00:54:28,500 --> 00:54:29,800
WE ARE GOING TO FOLLOW THAT

1875
00:54:29,800 --> 00:54:30,800
VERY, VERY CLOSELY.

1876
00:54:30,800 --> 00:54:31,933
THANK YOU ALL SO VERY MUCH FOR

1877
00:54:31,933 --> 00:54:32,667
BEING HERE.

1878
00:54:32,667 --> 00:54:34,933
YOU HAVE GIVEN US A LOT OF

1879
00:54:34,933 --> 00:54:35,467
INFORMATION.

1880
00:54:35,467 --> 00:54:36,567
AND THANK YOU ALL SO MUCH AS

1881
00:54:36,567 --> 00:54:36,967
WELL.

1882
00:54:36,967 --> 00:54:38,100
WE HAVE RUN OUT OF TIME FOR

1883
00:54:38,100 --> 00:54:38,800
THIS SEGMENT.

1884
00:54:38,800 --> 00:54:40,367
WE WOULD LIKE TO THANK ALL OF

1885
00:54:40,367 --> 00:54:42,300
THE PANELISTS, REPRESENTATIVE

1886
00:54:42,300 --> 00:54:44,300
DIXON, DR. HEBERT, MR. GRAY AND

1887
00:54:44,300 --> 00:54:46,667
MR. PATTERSON FOR THEIR

1888
00:54:46,667 --> 00:54:48,333
INSIGHTS ON THIS MONTH'S TOPIC.

1889
00:54:48,333 --> 00:54:49,800
WHEN WE COME BACK, WE WILL HAVE

1890
00:54:49,800 --> 00:54:51,200
A FEW CLOSING COMMENTS.

1891
00:54:51,200 --> 00:54:58,167
SO STAY TUNED.

1892
00:54:58,167 --> 00:55:00,167
>>> SHAUNA, I THINK WE HAD A

1893
00:55:00,167 --> 00:55:01,600
PREVIEW OF, AS YOU SAID, OF

1894
00:55:01,600 --> 00:55:03,267
WHAT'S GOING TO HAPPEN AT THE

1895
00:55:03,267 --> 00:55:04,167
CAPITOL PERHAPS.

1896
00:55:04,167 --> 00:55:04,900
>> YEAH.

1897
00:55:04,900 --> 00:55:05,933
GREAT, GREAT DISCUSSION FROM

1898
00:55:05,933 --> 00:55:07,367
OUR AUDIENCE AND FROM THE

1899
00:55:07,367 --> 00:55:08,600
PANELISTS AND YOU CAN TELL THIS

1900
00:55:08,600 --> 00:55:09,900
IS AN ISSUE THAT PEOPLE ARE

1901
00:55:09,900 --> 00:55:11,300
VERY PASSIONATE ABOUT.

1902
00:55:11,300 --> 00:55:13,500
SOMETIMES IT CAN BE

1903
00:55:13,500 --> 00:55:14,000
CONTENTIOUS.

1904
00:55:14,000 --> 00:55:15,033
I THINK TONIGHT WE LEARNED A

1905
00:55:15,033 --> 00:55:16,267
LOT FROM THE PANELISTS AND OUR

1906
00:55:16,267 --> 00:55:17,067
GUESTS AS WELL.

1907
00:55:17,067 --> 00:55:18,567
>> WE LEARNED A LOT.

1908
00:55:18,567 --> 00:55:20,133
I WILL LOOK AT ALL OF THE DATA

1909
00:55:20,133 --> 00:55:21,600
TO SEE HOW IT ALL PANS OUT.

1910
00:55:21,600 --> 00:55:23,533
IT WAS GREAT TO HAVE SO MANY

1911
00:55:23,533 --> 00:55:24,333
WONDERFUL EXPERTS.

1912
00:55:24,333 --> 00:55:26,233
THAT'S ALL OF THE TIME WE HAVE

1913
00:55:26,233 --> 00:55:28,300
FOR THIS EDITION OF "LOUISIANA

1914
00:55:28,300 --> 00:55:28,800
PUBLIC SQUARE."

1915
00:55:28,800 --> 00:55:31,300
WE ENCOURAGE YOU TO VISIT OUR

1916
00:55:31,300 --> 00:55:31,900
WEB SITE.

1917
00:55:31,900 --> 00:55:34,567
WHILE THERE, TAKE THIS MONTH'S

1918
00:55:34,567 --> 00:55:35,300
SURVEY.

1919
00:55:35,300 --> 00:55:36,433
EXTENDED INTERVIEW CLIPS AND

1920
00:55:36,433 --> 00:55:37,433
COMMENT ON TONIGHT'S SHOW.

1921
00:55:37,433 --> 00:55:39,300
WE WOULD LOVE TO HEAR FROM YOU

1922
00:55:39,300 --> 00:55:40,467
LIKE WE DID LAST MONTH

1923
00:55:40,467 --> 00:55:41,833
FOLLOWING ENERGIES

1924
00:55:41,833 --> 00:55:43,100
ENVIRONMENTAL FOOTPRINT, AND

1925
00:55:43,100 --> 00:55:44,133
THAT WAS QUITE A SHOW.

1926
00:55:44,133 --> 00:55:47,333
LYNN WRITES TO US, AAPPLAUD LPB

1927
00:55:47,333 --> 00:55:48,733
FOR THIS EPISODE OF "LOUISIANA

1928
00:55:48,733 --> 00:55:49,433
PUBLIC SQUARE" WHICH WAS

1929
00:55:49,433 --> 00:55:51,733
HANDLED IN AN INFORMATIVE,

1930
00:55:51,733 --> 00:55:52,933
BALANCED MANNER.

1931
00:55:52,933 --> 00:55:54,600
RYAN WRITES, GREAT SHOW ON A

1932
00:55:54,600 --> 00:55:56,133
VERY IMPORTANT TOPIC.

1933
00:55:56,133 --> 00:55:57,467
WHILE LOUISIANA'S OIL AND GAS

1934
00:55:57,467 --> 00:55:59,200
COMPANIES ARE VITAL FOR

1935
00:55:59,200 --> 00:56:00,267
GOOD-PAYING JOBS THEY MUST BE

1936
00:56:00,267 --> 00:56:02,467
FORCED TO COMPLY WITH OUR

1937
00:56:02,467 --> 00:56:03,400
ENVIRONMENTAL LAWS.

1938
00:56:03,400 --> 00:56:05,867
BRIAN WRITES, THERE IS ROOM FOR

1939
00:56:05,867 --> 00:56:08,067
A COLLABORATIVE PARTNERSHIP.

1940
00:56:08,067 --> 00:56:09,733
TOO MANY FOLKS SAY IT IS EITHER

1941
00:56:09,733 --> 00:56:11,467
JOBS OR THE ENVIRONMENT.

1942
00:56:11,467 --> 00:56:14,100
BOTH ARE NECESSARY AND BOTH CAN

1943
00:56:14,100 --> 00:56:16,833
BE PROTECTED AND ADVANCED.

1944
00:56:16,833 --> 00:56:18,133
THANK YOU FOR YOUR COMMENTS.

1945
00:56:18,133 --> 00:56:22,700
>>> PROPOSED BILL -- JINDAL

1946
00:56:22,700 --> 00:56:23,833
ADMINISTRATION SAYS THAT THE

1947
00:56:23,833 --> 00:56:24,867
NUMBER OF STATE CONTRACTS IS

1948
00:56:24,867 --> 00:56:27,000
ALREADY BEING REDUCED AND THE

1949
00:56:27,000 --> 00:56:28,767
BIGGEST ONES PROVIDE ESSENTIAL

1950
00:56:28,767 --> 00:56:29,400
SERVICES.

1951
00:56:29,400 --> 00:56:31,667
HOW COST EFFECTIVE ARE

1952
00:56:31,667 --> 00:56:32,500
PRIVATIZATION EFFORTS WITH

1953
00:56:32,500 --> 00:56:33,900
OUTSIDE VENDORS AND HOW

1954
00:56:33,900 --> 00:56:35,167
NECESSARY ARE THE MAJORITY OF

1955
00:56:35,167 --> 00:56:36,767
THESE CONTRACTS?

1956
00:56:36,767 --> 00:56:37,867
"LOUISIANA PUBLIC SQUARE"

1957
00:56:37,867 --> 00:56:39,833
EDUCATES VIEWERS NEXT MONTH ON

1958
00:56:39,833 --> 00:56:41,667
STATE CONTRACTS 101.

1959
00:56:41,667 --> 00:56:42,800
SHOULD BE VERY INTERESTING.

1960
00:56:42,800 --> 00:56:43,833
THANK YOU FOR WATCHING.

1961
00:56:43,833 --> 00:56:44,900
AND HAVE A GOOD NIGHT.

1962
00:56:44,900 --> 00:56:50,100
>> GOOD NIGHT EVERYONE.

1963
00:57:19,600 --> 00:57:21,367
>> FOR A COPY OF THIS PROGRAM,

1964
00:57:21,367 --> 00:57:26,967
CALL 1-800-973-7246 OR GO

1965
00:57:26,967 --> 00:57:32,000
ONLINE TO WWW.lpb.org.

1966
00:57:34,167 --> 00:57:36,067
>> SUPPORT FOR THIS PROGRAM IS

1967
00:57:36,067 --> 00:57:39,500
PROVIDED BY THE FOUNDATION FOR

1968
00:57:39,500 --> 00:57:40,733
EXCELLENCE IN LOUISIANA PUBLIC

1969
00:57:40,733 --> 00:57:42,900
BROADCASTING.