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January 7, 2014

Title: Consumers Support $15 MW but Don’t Want to Pay More
Topic: Minimum Wage Increase

Discussed by Peter Schiff
with Schiff Radio

Protests at Walmart are filling the airwaves as workers demand to be paid $15 per hour. While everyone seems to say they support workers being paid more, Peter wanted to find out if Walmart shoppers were “really” willing to help out.

Posing as a representative of "15 for 15", a make-believe organization advocating Walmart raise prices by 15 percent to enable workers receive at least $15 per hour wages, Peter first asked shoppers if they supported Walmart workers earning more. Almost all agreed.

Once a shopper signaled his or her support, I asked if they would be willing to donate 15 percent of whatever they spent -- to help support the cause.

How many agreed to do their part to help Walmart workers earn more?

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