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WIBC 9AM-Noon Podcast

Minimum-wage workers in half of the US will see their pay go up in 2024

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 10 January 2024

⏱️ 10 minutes

🧾️ Download transcript

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Transcript

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0:00.0

So about half of the United States are going to increase their minimum wage this year.

0:05.7

22 of those increases went into effect already January 1st and there's three more states which

0:11.1

we're going to implement new minimum wages throughout the year.

0:14.5

But there are still 20 states which have kept the federal minimum wage at $7.25 and Indiana

0:21.7

is one of those states.

0:23.0

It is amazing what an assault on freedom and liberty the left takes with this minimum wage stuff because what the minimum wage is saying to average people,

0:35.0

regular people, is that you are too stupid

0:38.7

to negotiate your own deal.

0:42.3

They are saying to you that if you're willing to do a job because that's what that's

0:46.2

what a wage is. It is the value of your time. And they are saying that if you value your

0:52.1

time, you cannot value your time at $6.50 an hour, you must value your time

0:58.6

at 725 and that is an assault on freedom and liberty because I should be able to put whatever

1:05.5

value on my time that I want.

1:09.2

Also of course there's the reality that when you there is not

1:13.0

businesses are not the federal government they can't print money

1:16.5

there's only so much money in the pool

1:18.8

and when you force people to pay more money than a job would otherwise pay or what they could get the job to pay,

1:25.6

they will simply eliminate the amount of people that they are paying.

1:29.1

See fast food restaurants.

1:31.3

Almost every single McDonald's you walk into, now what? It's a kiosk.

1:35.1

You don't order at the register anymore. It's a kiosk. How many jobs have been eliminated?

1:41.1

Because McDonald's was like, yeah, that's cute. You want it to be $15 an hour.

...

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