1 00:00:00,160 --> 00:00:03,480 Speaker 1: So three years ago, liberals in Seattle insisted on raising 2 00:00:03,520 --> 00:00:06,760 Speaker 1: the minimum wage to fifteen dollars an hour. Business owners 3 00:00:06,760 --> 00:00:09,840 Speaker 1: and others warned that it would cost jobs and hurt 4 00:00:09,880 --> 00:00:12,879 Speaker 1: the economy. Now, a study conducted by economists at the 5 00:00:12,960 --> 00:00:17,160 Speaker 1: University of Washington confirms what everybody knew except the left. 6 00:00:17,520 --> 00:00:21,720 Speaker 1: Instead of helping workers, the minimum wage increase hurt them. 7 00:00:21,800 --> 00:00:24,919 Speaker 1: The study found a dramatic effect on business owners who 8 00:00:24,960 --> 00:00:28,680 Speaker 1: stopped hiring, They reduced hours for existing workers, and they 9 00:00:28,800 --> 00:00:32,320 Speaker 1: let other workers go. The study estimates that the average 10 00:00:32,360 --> 00:00:35,199 Speaker 1: low wage worker in Seattle lost a hundred twenty five 11 00:00:35,240 --> 00:00:38,960 Speaker 1: dollars a month due to the minimum wage increase. The 12 00:00:39,120 --> 00:00:42,640 Speaker 1: losses it caused far outweighed any benefits. And I told 13 00:00:42,640 --> 00:00:44,879 Speaker 1: you Monday on my show what's happening in McDonald's. Their 14 00:00:44,920 --> 00:00:48,000 Speaker 1: stock was taking They turned it around when they began 15 00:00:48,040 --> 00:00:52,520 Speaker 1: installing thousands of robot kiosks to bring down labor costs. 16 00:00:52,520 --> 00:00:56,080 Speaker 1: The Kayoks don't demand fifteen dollars an hour. Liberals believe 17 00:00:56,120 --> 00:00:59,440 Speaker 1: that business owners have piles of cash sitting around unused 18 00:01:00,040 --> 00:01:03,080 Speaker 1: that can't support the costly policies and the left demands. 19 00:01:03,120 --> 00:01:06,199 Speaker 1: But it doesn't work like that. Keeping Labor costs under 20 00:01:06,240 --> 00:01:09,399 Speaker 1: control is crucial to the survival of any business, and 21 00:01:09,480 --> 00:01:13,880 Speaker 1: knowing what they are. When liberals arrogantly raise those costs arbitrarily, 22 00:01:14,000 --> 00:01:17,559 Speaker 1: it always hurts the employees. They're the ones that suffer. 23 00:01:17,880 --> 00:01:20,679 Speaker 1: But even with this fresh evidence, liberals will never admit 24 00:01:20,760 --> 00:01:23,600 Speaker 1: that they were wrong. They'll find ways to inflict even 25 00:01:23,640 --> 00:01:27,160 Speaker 1: more pain on the economy and kill more jobs. That's 26 00:01:27,280 --> 00:01:30,319 Speaker 1: just what they do when they're trying to help people. 27 00:01:34,640 --> 00:01:34,680 Speaker 1: M