Search Results
To Listen to Audio click the Play Button [beneath each segment] which varies based on the browser you are using.
September 1, 2016
Title: The REAL Effects of a Higher Minimum Wage
Topic: Minimum Wage
Discussed by James Sherk
with The Heritage Foundation (www.Heritage.org)
Part 1 of 2
Employees must earn what it costs to employee them. Forcing businesses to pay starting wages at $15 an hour makes less-skilled workers and less-experienced workers unemployable.
James Sherk is a Research Fellow with Labor and Economics at The Heritage Foundation. He is an expert on jobs, labor policy, unemployment, and economic mobility.
Questions/Issues Discussed:
First, James Sherk summarizes the REAL effects on the economy if the Federal Minimum Wage is increased to $15. “Basically, you get fewer jobs and higher prices,” James says. Business will hire less workers who will still do the same amount of work as more workers, therefore, causing more stress on workers. The business owner will, in turn, raise prices because they will be paying more in wages, even with fewer workers.
FACT: If the Federal Minimum Wage requirement is raised to $15, it would cost Texas alone 900,000 jobs. Nearly a million jobs – gone. Nearly one million people – unemployed, likely for a long, long time.
Today, in America, are there fewer workers in the workforce than at any other time since 1977?
Is the true unemployment rate much, much higher than the government is reporting?
NOTE: You may be surprised by James Sherk’s answer!
More from this Guest More on this Topic More from this Organization
Title: Part 2 of 2 - The REAL Effects of a Higher Minimum Wage
Topic: Minimum Wage
Discussed by James Sherk
with The Heritage Foundation (www.Heritage.org)
Questions/Issues Discussed:
If there are too many unemployed workers chasing too few open positions, what
happens to wages?
If open positions have few, or no, applicants wanting to fill those positions,
would employers begin to increase the wages being offered in an attempt to hire
new employees?
When the cost of doing business increases due to a hike in the Federal Minimum
Wage, what choices do the business owners have?
What happens to America’s workforce if the minimum wage is increased to $15 per
hour?
How many Texas workers would be effected by a minimum wage increase to $15 per
hour?
Why is it bad public policy to artificially mandate a minimum start wage of $15 per hour?
More from this Guest More on this Topic More from this Organization
August 25, 2016
Title: The Minimum Wage Debate Keeps Growing
Topic: Minimum Wage
Discussed by Pamela Villarreal
with National Center For Policy Analysis wwwncpa.org
Do you think that the national minimum wage should be increased?
Guest Pamela Villarreal says, “For several years now, stagnant wage growth
and a sputtering economy have encouraged a movement by labor rights groups to
raise the minimum wage.” However, what is the flip side? That is the focus
of today’s interview with Pamela.
Questions/Issues Discussed:
Is the US economy really in a slump? How long has the stagnation been occurring?
The MSM portrays the US as needing more workers. Will more workers just place
more downward pressure on wage growth?
Who earns minimum wage now? NOTE: This is key. Listen in as
Pamela explains.
What are some of the effects of increasing the minimum wage? Who is affected the
most? br />
Why is increasing the minimum wage so appealing to younger voters?
More from this Guest More on this Topic More from this Organization
July 13, 2016
Title: The Minimum Wage Debate Keeps Growing
Topic: Minimum Wage
Discussed by Pamela Villarreal
with National Center For Policy Analysis wwwncpa.org
Do you think that the national minimum wage should be increased?
Guest Pamela Villarreal says, “For several years now, stagnant wage growth
and a sputtering economy have encouraged a movement by labor rights groups to
raise the minimum wage.” However, what is the flip side? That is the focus
of today’s interview with Pamela.
Questions/Issues Discussed:
Is the US economy really in a slump? How long has the stagnation been occurring?
The MSM portrays the US as needing more workers. Will more workers just place
more downward pressure on wage growth?
Who earns minimum wage now? NOTE: This is key. Listen in as
Pamela explains.
What are some of the effects of increasing the minimum wage? Who is affected the
most? br />
Why is increasing the minimum wage so appealing to younger voters?
More from this Guest More on this Topic More from this Organization
November 20, 2015
Title: Is Raising the Minimum Wage the Cure-All to Inequality?
Topic: Minimum Wage
Discussed by DrRyan Streeter
with Center for Politics and Governance (www.politics-and-governance.org)
One of the hottest issues across social media is “inequality”.
I think we can all agree that we should treat each other as we
would want to be treated. Jesus told us, after all, to “love thy neighbor”. But
where do we draw the line? The topic for today is “Minimum Wage”. Fast-food
workers are going on strike at record numbers, demanding they get paid $15 an
hour to flip burgers, fry chicken, and fold a soft taco.
Dr. Ryan Streeter is the Director at the Center for Politics and Governance at
the University of Texas, Austin. There are certainly benefits to raising the
minimum wage; however, the benefits are far-outweighed by the tremendous
economic and social harms it would trigger. First, Dr. Streeter explains that
fewer “minimum wage” jobs will be available, therefore resulting in more
unemployment. He doesn’t believe, however, that small businesses will be
affected at the rate large companies will be.
“The problem with the minimum wage debate is that it often distracts us from the
more serious problem which is the pressure that a growing regulatory regime is
actually having on job creation,” Dr. Streeter says. The rate that new
businesses are being created is rapidly declining. In fact, it is nearly half of
what it was twenty-five years ago. This is all due to federal regulations
spiraling out of control. Sound familiar? Check out the interview with Wayne
Crews with the Competitive Enterprise Institute!
No one should start out at a minimum wage job expecting to stay in that same
position for the rest of their lives. It is an entry level position for a
reason. Minimum wage jobs are meant for high school and college students, people
in between jobs, and those who need a little extra money. Minimum wage jobs were
never meant to support a family in the long-term. Gain skills through college or
a trade school. Get out there and get a real job.
Dr. Streeter believes that all the hoop-la about raising the minimum wage is
simply a distraction from the real issues affecting our economy. Building new
businesses, creating more jobs, and fixing the healthcare system are the real
issues we should be focused on.
More from this Guest More on this Topic More from this Organization
May 7, 2015
Title: Higher Wages = Less Jobs
Topic: Minimum Wage
Discussed by Dr. Tracy Miller
with Center for Vision and Values (www.VisionAndValues.org)
Part 1 of 2
Dr. Miller is an
associate professor of economics at Grove City College and fellow for
economic theory and policy with The Center for Vision & Values. He
has released a report on “Overcoming Stagnant Wages: Stronger Unions and Higher
Minimum Wages are Not the Answer”.
Too often today in the exchange of different viewpoints, when one side begins to
win the debate with sound facts, the other side resorts to attacking the
presenter. Dr. Miller’s opinion on the minimum wage debate is obviously not very
popular. CNN and NBC sure aren’t going to be calling him for an interview any
time soon!
Concerning the stagnant wage cycle we’ve been hearing about, Dr. Miller reveals
how, since 1979, wages have not risen as rapidly as productivity, with the
exception from 1995-2000 when wages rose very rapidly. But where did that get
us? Right now, in America, we are at a historic low for men in the work-force,
largely in part to the rise in minimum wage and hiring foreign workers.
Dr. Miller also discusses “wage inequality” and breaks down the different
population brackets. He believes that education most definitely affects your
income. Just because you think you deserve a certain amount of money, doesn’t
mean you should get it. Tune in to the next segment with Dr. Miller as he
discusses this further.
More from this Guest More on this Topic More from this Organization
Title: Part 2 of 2 - Higher Wages = Less Jobs
Topic: Minimum Wage
Discussed by Dr. Tracy Miller
with Center for Vision and Values (www.VisionAndValues.org)
Dr. Tracy Miller continues with
his discussion on the risks of raising the minimum wage. “Historically, when the
minimum wage is increased, the lowest skilled workers lose their jobs,” says Dr.
Miller. Also, business owners who might hire three or four extra workers during
the summer time might only hire one. This causes the employment numbers to
plummet. In addition, “wage inequality” is going to exist in every society, no
matter how hard the government tries to intervene.
Some experts are now saying that we are actually doing teens and college
students a disservice by raising the minimum wage. They can’t find a job while
in high school or college, therefore if they do in fact graduate from college
with a degree, it is difficult for them to find a job – whether in their field
or not – because they have little to no work experience at all. Dr. Tracy Miller
agrees with this statement. Listen in as he elaborates.
Another concern when the minimum wage is increased is the number of businesses
which will move their business operations overseas. America doesn’t need foreign
workers doing their jobs – here or abroad. We need to get America back to work
and raising the minimum wage is not the answer. Dr Miller has some suggestions
on how we can get Americans back to work.
You can learn more about Dr. Tracy Miller and the Center for Vision and Values
[here].
More from this Guest More on this Topic More from this Organization
February 14, 2014
Title: Myth of Raising a Family on Minimum Wage
Topic: Minimum Wage
Discussed by Peter Ferrara
with The Carlson Center for Welfare Reform
Part 1 of 2
The President
recently said in his SOTU address that: “But Americans
overwhelmingly agree that no one who works full time should ever have to raise a
family in poverty.”
When it comes to “money earned”, how much do people “really” make?
Peter Ferrara, a Senior Fellow at The Carlson Center for Welfare Reform, gives
some statistics.
More from this Guest More on this Topic More from this Organization
Title: part 2 of 2
Topic: Minimum Wage
Discussed by Peter Ferrara
with The Carlson Center for Welfare Reform
President Obama has done nothing
to decrease the unemployment dilemma in this country.
We all know that the
economy is tanking, jobs are being lost and outsourced to foreign workers,
prices for every day goods are rising, and the American Family is struggling.
But why? Take a look at the numbers and you will find our “leaders” once again
lying to us to gain votes.
Log on to www.theccwr.org for more.
More from this Guest More on this Topic More from this Organization