It's A Saturday Morning Bonus Podcast For 11-02-24
The Michael Berry Show
KTRH
4.8 • 2.3K Ratings
🗓️ 2 November 2024
⏱️ 21 minutes
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Transcript
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| 0:00.0 | The Michael Berry Show. |
| 0:01.9 | We started the Saturday podcast as a bonus podcast, but also as a way to, well, we got a lot of email from listeners who said, I wish you were on on Saturday. |
| 0:18.5 | And you know what? |
| 0:20.1 | I would love to do more shows. I think Ramon and |
| 0:24.5 | Chad and Jim and the team would probably punch me in the face for saying that. But I would. |
| 0:33.0 | But I also recognize that by taking two days off, we're fresher and do the show better. |
| 0:39.7 | That's just a fact. |
| 0:41.6 | But what we decided to do on our Saturday shows was during the course of the week, |
| 0:46.9 | we're constantly sending things back and forth to each other. |
| 0:50.0 | Hey, have you heard this? |
| 0:51.5 | Is there anything from this speech that we can use on the show? |
| 0:56.0 | And we go back to a series of very influential things in our lives to our intellectual development. |
| 1:07.5 | And one of the most common is Thomas Sol. |
| 1:12.8 | He is an economist. |
| 1:19.6 | He started life as a very, very left-wing, practically a communist, went to the University of Chicago. |
| 1:21.6 | He studied under Milton Friedman. |
| 1:25.5 | But as he says, Friedman didn't change his outlook. |
| 1:31.7 | It wasn't until he left there and went to the Department of Labor, a government job, |
| 1:36.0 | and they were pushing for a minimum wage hike. |
| 1:39.7 | And he was one of the people crunching the data. |
| 1:58.4 | And at the end of it, this very liberal socialist-leaning economist Thomas Sol, young in his career, said, hey, the data is showing me that increasing the minimum wage hurts the working poor because those positions will just be cut. |
| 2:02.7 | And his bosses at the Department of Labor who were were pushing for a minimum wage increase, said, |
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