4.6 • 26.2K Ratings
🗓️ 11 February 2020
⏱️ 50 minutes
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0:00.0 | Welcome to the show, everybody. So there's this guy, Tom Steyer. I don't know if you've |
0:04.1 | heard of him. According to some reports, he's been running for president since December. |
0:08.8 | And he was having a campaign block party over the weekend, a campaign party that was attended |
0:14.0 | by some of his most high profile supporters like his mom and his cousin. And during this campaign |
0:20.0 | event, he announced, apparently, that he wants to raise minimum wage, just like every other |
0:25.8 | Democrat, but most Democrats want to raise it to 15. What he's saying is, forget about a measly |
0:30.7 | 15 bucks an hour, I'm going to raise it to 22. He wants to raise the minimum wage to $22 an hour. |
0:37.2 | If you're keeping track at home, that works out to about 42 grand a year at a minimum. That's the |
0:41.4 | starting guaranteed minimum amount you can make for full-time work. Now, if you're a small business, |
0:47.8 | that can't afford to pay full-time employees that amount of money. Well, too bad. |
0:52.0 | I guess you don't get to have any full-time employees in that case. And if you can't have a |
0:56.4 | business without employees, well, then you don't get a business. Your business goes out of business. |
1:00.7 | And that's just the way it is. You see, we're going to make sure that everybody has a living wage |
1:07.3 | by shutting down businesses. We're going to make sure everyone has a living wage by making sure |
1:12.4 | that lots of people don't have any wage at all. It makes sense when you think about it. |
1:17.6 | Actually, when you think about it, it doesn't make sense. So don't think about it at all. That's the |
1:20.8 | key. Why am I talking about the campaign pledges of a man who will get fewer votes for the democratic |
1:26.8 | nomination than I will? Well, because his plan proves a point, not the point that he wants to make, |
1:35.4 | that if we had a real news media, which we don't, but if we did with real journalists, |
1:41.7 | all the Democratic candidates would be asked if they support Steyer's plan and if not, |
1:47.3 | why not? See, if they say, no, that's too much. I don't support that. Then they're admitting that |
1:54.9 | you can't just shout living wage and demand that employers pay a certain amount to to their employees. |
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