WEBVTT - Rush's Timeless Wisdom - Raising Minimum Wage Causes Job Loss, Wal-Mart Will Now Just Surround Chicago 0:00:00.080 --> 0:00:04.439 City Council in Chicago has brushed aside warnings from Walmart 0:00:04.519 --> 0:00:08.200 stores to approve an ordinance that makes Chicago the biggest 0:00:08.240 --> 0:00:11.240 city in the nation to require big box retailers to 0:00:11.320 --> 0:00:16.160 pay a living wage. The ordinance past fourteen yesterday after 0:00:16.239 --> 0:00:20.759 three hours of impassion debate. It requires mega retailers to 0:00:20.760 --> 0:00:25.320 pay wages of at least ten dollars an hour plus 0:00:25.400 --> 0:00:30.680 UH three dollars in fringe benefits three dollars in fringe 0:00:30.720 --> 0:00:35.480 benefits by by mid two thousand and ten, it would 0:00:35.479 --> 0:00:39.360 only apply to companies with more than one billion dollars 0:00:39.360 --> 0:00:42.840 in annual sales and stores of at least ninety thousand 0:00:42.960 --> 0:00:48.240 square feet. Alderman Tony Preckwinkle said it's trying to get 0:00:48.280 --> 0:00:50.880 the largest companies in America to pay decent wages. No, 0:00:51.000 --> 0:00:53.479 it's not, then I'm waging in the Lloyd by the way, 0:00:53.520 --> 0:00:56.960 six and a half. The federal minimum is five dollars 0:00:56.960 --> 0:00:59.920 in fifteen cents. Mayor Daily and others warned at the 0:01:00.040 --> 0:01:03.840 living wage proposal would drive jobs and desperately needed development 0:01:03.920 --> 0:01:07.520 from some of the city's poorest neighborhoods and lead people 0:01:07.560 --> 0:01:10.200 like Walmart to abandon the city. It's exactly. Walmart will 0:01:10.280 --> 0:01:15.000 ring the city, Walmart will surround the city, but they 0:01:15.040 --> 0:01:17.720 will not go there. This is has nothing to do 0:01:17.800 --> 0:01:19.840 with a livable wage. This has nothing to do with 0:01:19.920 --> 0:01:23.319 making big companies pay livable wage. This is all about 0:01:23.840 --> 0:01:29.160 uh unions. This is all about the Democrats being loyal 0:01:29.160 --> 0:01:31.440 to unions. I think the Acorn group was behind this, 0:01:31.640 --> 0:01:37.600 a huge liberal group. It just let me the minimum wage. 0:01:37.920 --> 0:01:40.400 And it looks like the Republicans are going to propose 0:01:40.480 --> 0:01:43.640 one of their own increases. So this is all moot. 0:01:44.560 --> 0:01:46.680 But you know, I'm gonna keep I'm gonna keep talking 0:01:46.720 --> 0:01:53.720 about it because it's ridiculous. The minimum wage is an 0:01:53.840 --> 0:01:57.080 arbitrarily set wage, has nothing to do with market conditions. 0:01:57.160 --> 0:02:01.720 It actually reduces jobs. It it results in the loss 0:02:01.720 --> 0:02:06.760 of jobs. People don't believe that, but it is statistically true. Now, 0:02:06.840 --> 0:02:09.160 let's let me ask you people in Chicago at the 0:02:09.760 --> 0:02:14.360 at the city council ten bucks an hour in ten 0:02:14.520 --> 0:02:20.079 why not tomorrow? This is desperately needed, isn't it. Why 0:02:20.080 --> 0:02:24.119 are you gonna wait almost three years or four why 0:02:24.160 --> 0:02:27.959 wait four years? What's the point here? By the time 0:02:27.960 --> 0:02:31.040 we get to ten dollars an hour is going to 0:02:31.120 --> 0:02:33.800 be not that much different than the six fifteen or 0:02:33.840 --> 0:02:37.919 six fifty, That is, they required minimum wage in Chicago. Now, 0:02:39.680 --> 0:02:44.120 why wait, and by the why stomp at ten? If 0:02:44.160 --> 0:02:47.600 if ten dollars is a good livable wage, wouldn't fifteen 0:02:47.600 --> 0:02:51.360 dollars an hour be even better? And if that's true, 0:02:51.360 --> 0:02:54.639 then why stop at fifteen? Why why didn't you make 0:02:54.680 --> 0:02:59.200 the livable wage twenty dollars? If big corporations who was 0:02:59.240 --> 0:03:03.400 this has said this Tony preck Winkle. So they're trying 0:03:03.400 --> 0:03:07.120 to get the largest companies in America to pay decent wage. Well, 0:03:07.240 --> 0:03:09.640 I don't think ten bucks an hours a decent wage, 0:03:09.720 --> 0:03:13.800 mss preck Winkle, I wouldn't work for it. Who do 0:03:13.840 --> 0:03:16.959 you think will big companies need to pay their fair share? 0:03:17.120 --> 0:03:20.120 Fifteen is better? But why stop there? Why didn't you 0:03:20.160 --> 0:03:22.639 do twenty dollars? And now, and what is this three 0:03:22.639 --> 0:03:25.080 dollars of French benefits? Three dollars won't even buy a 0:03:25.080 --> 0:03:27.160 gas and gallon of gas in Chicago, and you call 0:03:27.200 --> 0:03:31.080 it a fringe benefit. It's absurd, it's insulting. Make the 0:03:31.160 --> 0:03:34.680 fringe benefits. In fact, Ms prick Winkle, I have a 0:03:34.680 --> 0:03:37.760 better idea forget this hourly wage business in the first place. 0:03:37.800 --> 0:03:41.480 If we're talking about really making these companies come clean 0:03:41.760 --> 0:03:44.800 and be honest with the people who are making them successful, 0:03:45.000 --> 0:03:47.640 then let's just say that there is a required minimum 0:03:47.640 --> 0:03:50.560 salary of seventy five thousand dollars a year for everybody 0:03:50.640 --> 0:03:56.000 works at Walmart. Everybody gets healthcare, dental, no co pay, 0:03:56.920 --> 0:04:03.760 no deductible, and twenty dollars fringe benefits every year. Well, 0:04:04.040 --> 0:04:07.320 we can't do that. Why not? White? If you can 0:04:07.360 --> 0:04:10.560 go from six fifty to ten, why can't you go 0:04:10.640 --> 0:04:13.440 from ten to fifteen? And if you can go to fifty, 0:04:13.480 --> 0:04:16.080 why can't you go to twenty? I mean, go talk 0:04:16.120 --> 0:04:18.560 to your union buddies are doing whatever jobs they're doing, 0:04:18.600 --> 0:04:21.440 and ask them if they would go back to ten 0:04:21.480 --> 0:04:23.920 dollars an hour on the basis it's a livable wage. 0:04:26.080 --> 0:04:30.840 Do you think louis down there in a stonemason, the 0:04:30.880 --> 0:04:33.440 bricklayers or whatever it's gonna tell you that he looks 0:04:33.440 --> 0:04:35.080 have ten dollars an hour and on the basis is 0:04:35.160 --> 0:04:39.120 livable wage. Don't you think that Walmart Automa at least 0:04:39.120 --> 0:04:43.040 have to pay the lowest union contract equivalent in Chicago? 0:04:44.520 --> 0:04:46.520 Where do you come up with these arbitrary numbers ten 0:04:46.600 --> 0:04:52.040 bucks chump change, fifteen chump change. Why the average illegal 0:04:52.040 --> 0:04:55.440 immigrant wouldn't work for that. You're gonna have to do 0:04:55.520 --> 0:04:57.760 better than that, Chicago, if you're gonna really talk about 0:04:57.760 --> 0:05:00.800 a living wage. But I don't know how you stop 0:05:00.839 --> 0:05:02.880 at ten. I don't know how you stop at twenty. 0:05:02.920 --> 0:05:04.240 And I don't know why you don't just go and 0:05:04.279 --> 0:05:07.240 make it official. Make it a hundred grand, miss preck Winkle, 0:05:07.680 --> 0:05:10.880 make it one hundred grand. Talk about a livable wage. 0:05:11.480 --> 0:05:13.719 Somebody might really be able to buy a car and 0:05:13.760 --> 0:05:17.320 not have to take Chicago public transit at a hundred grand. 0:05:19.279 --> 0:05:21.360 I have to teach them English, but well, no, you 0:05:21.400 --> 0:05:23.400 don't even have to do that. And make Walmart pay 0:05:23.480 --> 0:05:25.720 for that if they want to learn English. Go all 0:05:25.760 --> 0:05:29.240 the way with this Chicago City Council. You are just 0:05:29.440 --> 0:05:34.880 tiptoeing around here. You're dancing around the real truth. You 0:05:34.920 --> 0:05:37.480 don't care about these workers. You just want a double 0:05:37.560 --> 0:05:40.960 digit minimum wage because you know what this does. Can 0:05:41.000 --> 0:05:42.720 I tell you what the big secret of the minimum 0:05:42.720 --> 0:05:46.640 wages folks? Now, the so called livable wage. In addition 0:05:46.640 --> 0:05:50.000 to whatever political ploy it is to try to teach 0:05:50.440 --> 0:05:54.520 the downtrodden the forgotten the hungry and the thirsty that 0:05:54.600 --> 0:05:57.400 the Democrats care about them. What it really is is 0:05:57.440 --> 0:06:01.400 a way to goose union wages up because good old 0:06:01.520 --> 0:06:07.640 union negotiators in Chicago, A're not gonna say WHOA people 0:06:07.680 --> 0:06:11.039 that don't know how to count beyond ten and they've 0:06:11.040 --> 0:06:12.960 only been in a country for a couple of years 0:06:13.480 --> 0:06:16.760 are gonna make ten bucks an hour at a box store, 0:06:16.920 --> 0:06:21.240 at a checkout line or somewhere stocking things on shelves. Well, 0:06:21.279 --> 0:06:25.160 good for them. We want to raise our union contract 0:06:25.360 --> 0:06:28.920 next time it comes up. The higher the minimum wage goes, 0:06:29.640 --> 0:06:33.120 the higher the baseline for union contracts are. This is 0:06:33.160 --> 0:06:37.080 such a scam. And of course, since the city of 0:06:37.200 --> 0:06:40.039 Chicago and it's union deals that it makes with the 0:06:40.080 --> 0:06:43.600 city with other people is actually paid by Chicago taxpayers, 0:06:43.800 --> 0:06:47.159 people like Tony Preckwinkle don't really have to think of 0:06:47.200 --> 0:06:49.640 the money coming out of her purse or pocketbook or 0:06:49.960 --> 0:06:54.360 that pocket whichever she prefers. Al in in Chicago. Welcome, 0:06:54.400 --> 0:06:57.400 So nice to have you on the program. Nice to 0:06:57.400 --> 0:07:02.200 talk to you than at Moscow on Michigan. Uh. This 0:07:02.320 --> 0:07:05.000 is nothing more than a political act. It's also an 0:07:05.040 --> 0:07:07.359 act that will to impact greatly on the poorest of 0:07:07.400 --> 0:07:10.360 the people in Chicago. If you know Chicago, there's a 0:07:10.480 --> 0:07:15.080 ring of poverty around that very successful core downtown. Those 0:07:15.120 --> 0:07:18.160 folks rely on public transportation, they won't be able to 0:07:18.240 --> 0:07:21.280 benefit from the targets and the Walmarts and the discounts 0:07:21.320 --> 0:07:24.800 that are available. You know, Ben Stein, the economist has 0:07:24.840 --> 0:07:28.280 many times said that Walmart is the greatest poverty anti 0:07:28.400 --> 0:07:32.840 poverty program going. But this is also a political act. 0:07:33.000 --> 0:07:35.360 You know, they'll they'll cancel this out if they begin 0:07:35.400 --> 0:07:39.240 to see stores growing and being built right across the 0:07:39.320 --> 0:07:42.600 line in suburban communities. And that is what will happen, 0:07:42.840 --> 0:07:47.840 because it happened with gas stations, gas stations rim the city. Well, 0:07:47.840 --> 0:07:50.640 it's already started. Walmart's already said, are going to build 0:07:50.640 --> 0:07:53.880 a store in one of these economically depressed places, and 0:07:53.880 --> 0:07:56.720 the people live there love it. That's actually, that's an 0:07:56.720 --> 0:07:59.520 excellent point, an excellent point. If these stores get built 0:08:00.080 --> 0:08:02.440 outside the and you said it not I the ring 0:08:02.480 --> 0:08:08.040 of poverty uh in in Chicago, then the primary beneficiaries 0:08:08.040 --> 0:08:10.000 of a Walmart store won't be able to get there 0:08:10.040 --> 0:08:12.000 to take or they'll go broke getting there and won't 0:08:12.000 --> 0:08:13.680 be able to spend any money. Once they do get 0:08:13.680 --> 0:08:17.440 there absolutely. Can I tell you Kmart's home depot lows 0:08:17.880 --> 0:08:20.800 they're building right now in Evergreen Park. And these are 0:08:20.840 --> 0:08:24.080 communities that are one block. You know, they share a 0:08:24.120 --> 0:08:25.880 border with the city of Chicago. And they do it 0:08:25.960 --> 0:08:29.760 because also sales tax in Chicago, if you cross the street, 0:08:29.880 --> 0:08:32.199 you go into Indiana, you go from eight eight and 0:08:32.200 --> 0:08:36.000 a half percent down to six in Chicago is hurting itself. 0:08:36.040 --> 0:08:39.200 But Chicago has always done this. It's not unique. What 0:08:39.280 --> 0:08:45.000 I call a captive constituency, that's the captive but that's 0:08:45.120 --> 0:08:48.240 that's not I mean that that's true in the sales tax. 0:08:48.280 --> 0:08:51.679 I mean uh, in in New Jersey they bumped up 0:08:51.679 --> 0:08:54.280 the sales tax on some luxury cars and boats once 0:08:54.320 --> 0:08:57.640 and people just went to Pennsylvania. Uh then and they 0:08:57.720 --> 0:09:00.400 ended up having to resend the tax. Because liberals raising 0:09:00.400 --> 0:09:04.319 taxes raises revenue. They do not understand the dynamic aspects 0:09:04.360 --> 0:09:07.720 of raising or cutting and lowering taxes. But I'm gonna 0:09:07.720 --> 0:09:10.920 I'm gonna tell you something here. This is uh. I 0:09:10.920 --> 0:09:13.600 want to ask you about the mayor because you're obviously 0:09:13.679 --> 0:09:15.839 in Chicago, you're closer to it now. And the other day, 0:09:15.880 --> 0:09:18.839 this wackle bunch of City Council people actually passed a 0:09:18.920 --> 0:09:22.760 trans fat ordnance or they're working on it, and and 0:09:22.760 --> 0:09:24.960 and and and Mayor Daily said, what the hell are 0:09:24.960 --> 0:09:27.600 we doing? We got serious problems with kids in this country. 0:09:27.840 --> 0:09:29.679 They've got a drug problem, got a crime for. What 0:09:29.720 --> 0:09:32.000 the hell are we regulating people's menus for? And he 0:09:32.040 --> 0:09:37.120 opposes this living wage thing? Now, what's with that? The 0:09:37.120 --> 0:09:41.120 City Council of Chicago has nothing better to do? No, 0:09:41.160 --> 0:09:44.280 I mean, what's no, no, no, what's with Daily opposing that? 0:09:44.400 --> 0:09:47.720 Daily's a Democrat to Daily sounding like a Republican, almost 0:09:47.720 --> 0:09:50.320 a conservative Republican on this. Yeah, but Daily's you know, 0:09:50.440 --> 0:09:53.600 Daily is not running for anything at the moment. U He's, well, 0:09:54.000 --> 0:09:57.280 he will be soon, but he's yeah, he's doing a straddle. 0:09:57.360 --> 0:10:00.040 He you know, he's doing what Clinton always does. He 0:10:00.080 --> 0:10:01.679 wants to be on the right side of the issue. 0:10:01.720 --> 0:10:03.800 It's it's not a matter of principle, it's a matter 0:10:03.800 --> 0:10:07.000 of positioning. And that's how Daily always opened in a second, 0:10:07.040 --> 0:10:11.200 the living wage, minimum wage. That's a fundamental, defining issue 0:10:11.200 --> 0:10:14.600 of the Democratic Party. And he's ripping people like Tony 0:10:14.679 --> 0:10:17.040 PreK Winkle. By the way, how long has Tony PreK 0:10:17.080 --> 0:10:19.520 Winckle been a member of the City Council in Chicago. 0:10:20.440 --> 0:10:26.400 I think forever. Is she married? You know, I don't know, 0:10:26.640 --> 0:10:29.400 I can't, can't just wondering if it's a maiden name. 0:10:30.280 --> 0:10:32.640 I'm sorry, I'm just wondering. If it's her maiden name, 0:10:33.280 --> 0:10:35.360 I could google it. You don't have to worry about it. 0:10:35.360 --> 0:10:38.840 I'll handle it. Uh anyway, Thanks, Thanks, Al, I appreciate, 0:10:38.880 --> 0:10:42.160 appreciate the input. This, this is this is just fascinating stuff. 0:10:42.360 --> 0:10:46.720 But it is big cities, big democrats. Cities are locked 0:10:46.760 --> 0:10:50.160 back in an old era drive by media, locked in 0:10:50.240 --> 0:10:53.280 an old era. There are major transformational changes happening in 0:10:53.280 --> 0:10:55.199 front of all of them, the Middle East, in this country, 0:10:55.480 --> 0:10:57.959 and they're so locked in that old lens and a 0:10:58.120 --> 0:11:00.480 prism through which they look at news that they're missing 0:11:00.800 --> 0:11:03.200 all of it. You know, here, here's something else. For 0:11:03.240 --> 0:11:06.120 the Chicago City Council and for everybody else here. That 0:11:06.679 --> 0:11:10.439 toying around. It is lunacy, and it is sheer lunacy 0:11:10.480 --> 0:11:13.480 of raising the minimum wage. And I can demonstrate it 0:11:13.520 --> 0:11:16.640 to anybody who thinks they want to call and argue 0:11:16.640 --> 0:11:18.680 with me about it, because I know how you're gonna are. 0:11:18.800 --> 0:11:21.480 You're gonna the race who can live on five dollars 0:11:22.720 --> 0:11:27.079 it can live? Well, Uh, a lot of people are 0:11:27.160 --> 0:11:29.720 not living on it. As the point, it's an entry 0:11:29.840 --> 0:11:33.359 level wage. It's many of them are the equivalent of babysitters. 0:11:33.400 --> 0:11:36.559 There are entry level jobs in America, the newest one 0:11:36.600 --> 0:11:40.080 being the illegal immigrant job. And then there are other 0:11:40.200 --> 0:11:42.800 jobs that you just your first job in the marketplace. 0:11:43.000 --> 0:11:47.000 There is a myth out there that heads of households 0:11:47.040 --> 0:11:50.559 supporting the uh family Sadan and a two point eight 0:11:50.640 --> 0:11:54.400 kids in a white picket fence in suburbia on five 0:11:54.480 --> 0:11:56.800 dollars an hour or five fifty and six fifty, whatever 0:11:56.840 --> 0:12:01.000 the hell it is, is a myth. Head of households 0:12:01.040 --> 0:12:05.040 are not earning. I mean, there may be some, but 0:12:06.080 --> 0:12:10.520 it's you're you're gonna react to this totally emotionally. They're 0:12:10.600 --> 0:12:13.440 not nothing. You hear it. I know, well, how many 0:12:13.440 --> 0:12:15.400 of you think what you're earning right now is enough? 0:12:16.200 --> 0:12:19.640 I bet you're all saying, no, I need more. Even 0:12:19.720 --> 0:12:23.080 I say that, even I said, now, what are we 0:12:23.120 --> 0:12:25.760 doing about it? Are we running around? He needs a 0:12:25.920 --> 0:12:30.520 government program to raise my wage. There's a minimum wage. 0:12:30.559 --> 0:12:32.040 You know something else that's not talked about with the 0:12:32.040 --> 0:12:38.120 minimum wage, that tax burden. Why isn't the tax burden 0:12:38.120 --> 0:12:41.200 which cuts the net minimum wage ever discussed? If the 0:12:41.200 --> 0:12:43.520 minimum wage is so crucial, shouldn't it be free of 0:12:43.600 --> 0:12:49.360 any taxation? Like Mrs ms prick Winkle in Chicago the 0:12:49.559 --> 0:12:53.200 ten dollar living wage, Make it tax free. I know 0:12:53.280 --> 0:12:55.160 that they're not gonna be fun income tax out of that, 0:12:55.240 --> 0:12:58.640 but they are gonna pay state. They're gonna pay through 0:12:58.640 --> 0:13:01.280 the nose on state income to X. They're gonna have 0:13:01.360 --> 0:13:04.079 Social Security, Medicare taxes withheld, and a whole bunch of 0:13:04.080 --> 0:13:10.440 other things unemployment insurance, workers compensation. Now, I mean, how 0:13:10.840 --> 0:13:13.920 is that fair? You? You people in government talk about 0:13:13.960 --> 0:13:17.160 how unfair it is that there's minimum wage is so low, 0:13:17.240 --> 0:13:20.040 and then whatever the minimum wage is gets eaten up 0:13:20.080 --> 0:13:24.640 by your taxes. So if you really believe all this, 0:13:26.040 --> 0:13:27.880 those of you at the Chicago City Council or any 0:13:27.920 --> 0:13:32.600 other you pro minimum wage geeks, if you actually believe this, 0:13:32.880 --> 0:13:35.160 then make the next time you propose it all the 0:13:35.200 --> 0:13:39.280 way through no taxes. Every minimum wage recipient is exempted 0:13:39.320 --> 0:13:43.960 from taxes. It's too important. People need to live, Mr Limbaugh. 0:13:44.280 --> 0:13:47.080 They need to be able to eat and feed their family. 0:13:47.880 --> 0:13:50.200 I understand that, and I wouldn't want to do it 0:13:50.240 --> 0:13:51.679 on five dollars an hour. I wouldn't want to do 0:13:51.720 --> 0:13:54.439 it on ten, although I've done it on the equivalent 0:13:55.040 --> 0:13:58.480 we all have as the point, well other than you 0:13:58.559 --> 0:14:01.320 trust funders and you Walster people. His first job out 0:14:02.240 --> 0:14:05.760 out of Harvard, your hedge fund as a couple hundred 0:14:05.800 --> 0:14:08.160 grand a year. But most people have earned the equivalent 0:14:08.200 --> 0:14:11.160 of I did when I was thirteen. I got it 0:14:11.160 --> 0:14:13.360 out of the way when I was sixteen, seventeen, and eighteen. 0:14:14.000 --> 0:14:15.839 That's when I earned. The equipment was a bucket a 0:14:15.880 --> 0:14:18.719 quarter an hour, and I didn't even care. It was 0:14:18.760 --> 0:14:21.520 so little. It didn't care. I just I just love 0:14:21.560 --> 0:14:24.880 the experience. I gave the money to my dad because 0:14:24.920 --> 0:14:26.400 I he had fronted me the money to go to 0:14:26.640 --> 0:14:29.760 broadcast school. It's not a broadcast schools, electronic school went 0:14:29.760 --> 0:14:31.760 down to Dallas when I was sixteen. Had to have 0:14:31.840 --> 0:14:33.800 a radio license. That's the irrelevant now, but I had 0:14:33.920 --> 0:14:36.200 had one then in order to work at this radio 0:14:36.240 --> 0:14:40.120 station in my hometown, and he required me to be 0:14:40.200 --> 0:14:42.440 a cost six hundred bucks to fly me down there, 0:14:42.560 --> 0:14:45.880 living some old woman's house for the six weeks. Well 0:14:45.920 --> 0:14:47.440 that then they had a whole row of houses down 0:14:47.440 --> 0:14:49.440 there next to the school, and they the owners of 0:14:49.440 --> 0:14:52.080 the houses, rented out rooms for very cheap. It was 0:14:52.080 --> 0:14:55.360 a school, it was a factory. All kinds of guys 0:14:55.400 --> 0:14:58.120 going through their women too. And I was sixteen when 0:14:58.160 --> 0:15:00.000 I did it. And when I got back and started 0:15:00.040 --> 0:15:02.480 work and gave my dad the money paying back, and 0:15:02.800 --> 0:15:06.160 unbeknownst to me, he set up a bank account. Uh, 0:15:06.200 --> 0:15:09.360 and that just all that money. After after three years, 0:15:09.360 --> 0:15:12.000 it was like three thousand dollars. So I made a 0:15:12.000 --> 0:15:13.800 thousand dollars a year and I was working full time. 0:15:13.840 --> 0:15:15.720 Now I was a teenager. But that's what the minimum 0:15:15.720 --> 0:15:21.160 wage is. It's exactly what it is. It is misrepresented 0:15:21.800 --> 0:15:25.080 as something that a majority of Democrats, a majority of 0:15:25.080 --> 0:15:27.240 Democrats want you to believe, a majority of Americans are 0:15:27.280 --> 0:15:32.600 just one paycheck away from homelessness, destitution, And it's all 0:15:32.760 --> 0:15:35.720 Bush's fault, the Republicans fault because they won't raise the 0:15:35.760 --> 0:15:40.360 minimum wage and so forth. I'm just saying, if you're 0:15:40.400 --> 0:15:43.880 gonna go out there and raise the minimum wage as 0:15:43.960 --> 0:15:47.920 city council member, a member Congress, whoever, whatever governmental body 0:15:48.640 --> 0:15:52.680 you're part of, be fair, go all the way exempt 0:15:52.760 --> 0:15:58.520 all taxes. I mean, okay, ten dollar livable wage, three 0:15:58.520 --> 0:16:02.480 dollar fringe benefit. That's true, really cute. That's three dollar 0:16:02.560 --> 0:16:08.560 fringe benefit. That's just so thoughtful and compassionate. I wouldn't 0:16:08.560 --> 0:16:10.600 have thought of that myself. That shows how much smarter 0:16:10.680 --> 0:16:15.440 the liberals are than I am. But after the taxes, 0:16:15.520 --> 0:16:19.440 the state taxes, the medicare, if there is federal income tax, 0:16:19.440 --> 0:16:22.720 ten dollars an hour, probably gonna pay any uh, most 0:16:22.720 --> 0:16:26.760 taxes paid. But the rich uh in this country. Um, 0:16:26.880 --> 0:16:34.480 but Medicare, Medicaid, social Security, one armed amputees, Grantwich Village 0:16:34.560 --> 0:16:36.320 of fund. Whatever is taken out of the ten bucks 0:16:36.400 --> 0:16:37.920 is going to add up to about five or six 0:16:37.920 --> 0:16:42.240 an hour? Now is that really compassionate? I don't think so.