WEBVTT Kind: captions Language: en 00:00:01.310 --> 00:00:03.439 align:start position:0% progress<00:00:02.310> can<00:00:02.460> be<00:00:02.520> measured<00:00:02.820> in<00:00:03.090> the<00:00:03.179> amount 00:00:03.439 --> 00:00:03.449 align:start position:0% progress can be measured in the amount 00:00:03.449 --> 00:00:05.720 align:start position:0% progress can be measured in the amount of<00:00:03.540> Inca<00:00:03.929> subject<00:00:04.380> receives<00:00:04.680> then<00:00:05.220> the<00:00:05.370> effort 00:00:05.720 --> 00:00:05.730 align:start position:0% of Inca subject receives then the effort 00:00:05.730 --> 00:00:07.519 align:start position:0% of Inca subject receives then the effort to<00:00:05.879> increase<00:00:06.120> the<00:00:06.390> minimum<00:00:06.509> wage<00:00:06.779> in<00:00:07.170> Maryland 00:00:07.519 --> 00:00:07.529 align:start position:0% to increase the minimum wage in Maryland 00:00:07.529 --> 00:00:10.040 align:start position:0% to increase the minimum wage in Maryland is<00:00:07.649> gathering<00:00:08.309> support<00:00:08.790> every<00:00:09.660> politician 00:00:10.040 --> 00:00:10.050 align:start position:0% is gathering support every politician 00:00:10.050 --> 00:00:12.110 align:start position:0% is gathering support every politician running<00:00:10.469> for<00:00:10.650> office<00:00:10.950> is<00:00:11.309> advocating<00:00:12.000> an 00:00:12.110 --> 00:00:12.120 align:start position:0% running for office is advocating an 00:00:12.120 --> 00:00:14.390 align:start position:0% running for office is advocating an increase<00:00:12.480> in<00:00:12.509> the<00:00:12.750> minimum<00:00:12.840> wage<00:00:13.080> now<00:00:14.070> mark 00:00:14.390 --> 00:00:14.400 align:start position:0% increase in the minimum wage now mark 00:00:14.400 --> 00:00:16.609 align:start position:0% increase in the minimum wage now mark the<00:00:14.969> vast<00:00:15.240> majority<00:00:15.360> of<00:00:15.839> economists<00:00:16.049> believe 00:00:16.609 --> 00:00:16.619 align:start position:0% the vast majority of economists believe 00:00:16.619 --> 00:00:19.070 align:start position:0% the vast majority of economists believe the<00:00:17.039> minimum<00:00:17.400> wage<00:00:17.430> laws<00:00:17.910> cost<00:00:18.539> the<00:00:18.750> economy 00:00:19.070 --> 00:00:19.080 align:start position:0% the minimum wage laws cost the economy 00:00:19.080 --> 00:00:21.650 align:start position:0% the minimum wage laws cost the economy thousands<00:00:19.800> of<00:00:19.890> jobs<00:00:20.130> so<00:00:20.850> why<00:00:21.119> are<00:00:21.180> we<00:00:21.359> going<00:00:21.570> to 00:00:21.650 --> 00:00:21.660 align:start position:0% thousands of jobs so why are we going to 00:00:21.660 --> 00:00:24.080 align:start position:0% thousands of jobs so why are we going to raise<00:00:21.840> the<00:00:22.050> minimum<00:00:22.949> wage<00:00:23.189> here<00:00:23.550> in<00:00:23.670> Maryland 00:00:24.080 --> 00:00:24.090 align:start position:0% raise the minimum wage here in Maryland 00:00:24.090 --> 00:00:26.720 align:start position:0% raise the minimum wage here in Maryland well<00:00:24.600> because<00:00:24.930> it's<00:00:25.109> a<00:00:25.199> feel-good<00:00:25.730> exercise 00:00:26.720 --> 00:00:26.730 align:start position:0% well because it's a feel-good exercise 00:00:26.730 --> 00:00:29.000 align:start position:0% well because it's a feel-good exercise it<00:00:27.090> really<00:00:27.480> as<00:00:27.570> you<00:00:27.720> said<00:00:27.930> is<00:00:28.080> bad<00:00:28.289> economics 00:00:29.000 --> 00:00:29.010 align:start position:0% it really as you said is bad economics 00:00:29.010 --> 00:00:31.460 align:start position:0% it really as you said is bad economics under<00:00:29.970> martin<00:00:30.330> O'Malley<00:00:30.599> the<00:00:30.990> unemployment 00:00:31.460 --> 00:00:31.470 align:start position:0% under martin O'Malley the unemployment 00:00:31.470 --> 00:00:33.979 align:start position:0% under martin O'Malley the unemployment rate<00:00:31.679> has<00:00:31.949> doubled<00:00:32.250> and<00:00:32.640> the<00:00:33.270> number<00:00:33.870> of 00:00:33.979 --> 00:00:33.989 align:start position:0% rate has doubled and the number of 00:00:33.989 --> 00:00:35.930 align:start position:0% rate has doubled and the number of unemployed<00:00:34.290> has<00:00:34.829> doubled<00:00:35.280> we<00:00:35.489> haven't 00:00:35.930 --> 00:00:35.940 align:start position:0% unemployed has doubled we haven't 00:00:35.940 --> 00:00:38.299 align:start position:0% unemployed has doubled we haven't created<00:00:36.180> private-sector<00:00:37.079> jobs<00:00:37.559> in<00:00:37.829> Maryland 00:00:38.299 --> 00:00:38.309 align:start position:0% created private-sector jobs in Maryland 00:00:38.309 --> 00:00:41.060 align:start position:0% created private-sector jobs in Maryland so<00:00:38.910> why<00:00:39.570> would<00:00:39.809> we<00:00:39.930> expect<00:00:40.260> to<00:00:40.410> continue<00:00:40.500> to 00:00:41.060 --> 00:00:41.070 align:start position:0% so why would we expect to continue to 00:00:41.070 --> 00:00:43.940 align:start position:0% so why would we expect to continue to create<00:00:41.579> new<00:00:41.790> private<00:00:42.180> sector<00:00:42.210> jobs<00:00:42.770> this<00:00:43.770> is 00:00:43.940 --> 00:00:43.950 align:start position:0% create new private sector jobs this is 00:00:43.950 --> 00:00:46.279 align:start position:0% create new private sector jobs this is going<00:00:44.129> to<00:00:44.190> be<00:00:44.340> a<00:00:44.370> devastating<00:00:44.960> impact<00:00:45.960> on 00:00:46.279 --> 00:00:46.289 align:start position:0% going to be a devastating impact on 00:00:46.289 --> 00:00:48.860 align:start position:0% going to be a devastating impact on frankly<00:00:47.190> not<00:00:47.340> poor<00:00:48.149> people<00:00:48.480> as<00:00:48.629> much<00:00:48.660> as 00:00:48.860 --> 00:00:48.870 align:start position:0% frankly not poor people as much as 00:00:48.870 --> 00:00:50.540 align:start position:0% frankly not poor people as much as people<00:00:49.200> who<00:00:49.469> are<00:00:49.649> starting<00:00:50.129> out<00:00:50.250> in<00:00:50.280> their 00:00:50.540 --> 00:00:50.550 align:start position:0% people who are starting out in their 00:00:50.550 --> 00:00:52.369 align:start position:0% people who are starting out in their careers<00:00:50.940> who<00:00:51.210> haven't<00:00:51.629> been<00:00:51.690> trained<00:00:52.140> who 00:00:52.369 --> 00:00:52.379 align:start position:0% careers who haven't been trained who 00:00:52.379 --> 00:00:54.439 align:start position:0% careers who haven't been trained who haven't<00:00:52.770> been<00:00:52.800> in<00:00:52.980> the<00:00:53.070> workforce<00:00:53.280> who<00:00:54.149> need<00:00:54.420> a 00:00:54.439 --> 00:00:54.449 align:start position:0% haven't been in the workforce who need a 00:00:54.449 --> 00:00:57.049 align:start position:0% haven't been in the workforce who need a job<00:00:54.930> that's<00:00:55.260> at<00:00:55.469> the<00:00:55.500> bottom<00:00:55.649> long<00:00:56.250> and<00:00:56.579> then 00:00:57.049 --> 00:00:57.059 align:start position:0% job that's at the bottom long and then 00:00:57.059 --> 00:01:00.349 align:start position:0% job that's at the bottom long and then they<00:00:57.239> can<00:00:57.420> move<00:00:57.539> up<00:00:57.750> from<00:00:58.020> there<00:00:58.579> Susan<00:00:59.579> some 00:01:00.349 --> 00:01:00.359 align:start position:0% they can move up from there Susan some 00:01:00.359 --> 00:01:02.150 align:start position:0% they can move up from there Susan some argue<00:01:00.690> that<00:01:00.750> the<00:01:00.960> minimum<00:01:01.320> wage<00:01:01.350> shouldn't<00:01:02.070> be 00:01:02.150 --> 00:01:02.160 align:start position:0% argue that the minimum wage shouldn't be 00:01:02.160 --> 00:01:03.880 align:start position:0% argue that the minimum wage shouldn't be increased<00:01:02.489> that<00:01:02.699> it<00:01:02.820> should<00:01:03.030> be<00:01:03.059> abolished 00:01:03.880 --> 00:01:03.890 align:start position:0% increased that it should be abolished 00:01:03.890 --> 00:01:07.280 align:start position:0% increased that it should be abolished what<00:01:04.890> do<00:01:04.979> you<00:01:05.070> think<00:01:05.630> well<00:01:06.630> they<00:01:06.750> asked<00:01:06.930> me<00:01:07.200> if 00:01:07.280 --> 00:01:07.290 align:start position:0% what do you think well they asked me if 00:01:07.290 --> 00:01:08.990 align:start position:0% what do you think well they asked me if the<00:01:07.409> minimum<00:01:07.680> wage<00:01:07.950> should<00:01:07.979> be<00:01:08.369> abolished<00:01:08.549> is 00:01:08.990 --> 00:01:09.000 align:start position:0% the minimum wage should be abolished is 00:01:09.000 --> 00:01:11.539 align:start position:0% the minimum wage should be abolished is just<00:01:09.270> a<00:01:09.540> stupid<00:01:09.960> question<00:01:10.260> to<00:01:10.650> ask<00:01:10.799> you<00:01:11.130> Casey 00:01:11.539 --> 00:01:11.549 align:start position:0% just a stupid question to ask you Casey 00:01:11.549 --> 00:01:13.850 align:start position:0% just a stupid question to ask you Casey but<00:01:11.909> let's<00:01:12.119> go<00:01:12.390> back<00:01:12.689> to<00:01:12.990> nineteen 00:01:13.850 --> 00:01:13.860 align:start position:0% but let's go back to nineteen 00:01:13.860 --> 00:01:16.640 align:start position:0% but let's go back to nineteen sixty-three<00:01:14.610> at<00:01:15.150> the<00:01:15.630> Martin<00:01:16.080> Luther<00:01:16.110> King 00:01:16.640 --> 00:01:16.650 align:start position:0% sixty-three at the Martin Luther King 00:01:16.650 --> 00:01:18.859 align:start position:0% sixty-three at the Martin Luther King mark<00:01:16.920> the<00:01:17.430> minimum<00:01:17.790> wage<00:01:18.000> was<00:01:18.270> then<00:01:18.600> two 00:01:18.859 --> 00:01:18.869 align:start position:0% mark the minimum wage was then two 00:01:18.869 --> 00:01:21.080 align:start position:0% mark the minimum wage was then two dollars<00:01:19.320> if<00:01:19.500> it<00:01:20.070> were<00:01:20.220> in<00:01:20.400> today's<00:01:20.790> dollars 00:01:21.080 --> 00:01:21.090 align:start position:0% dollars if it were in today's dollars 00:01:21.090 --> 00:01:23.749 align:start position:0% dollars if it were in today's dollars for<00:01:21.659> same<00:01:22.020> buying<00:01:22.380> power<00:01:22.619> fifteen<00:01:23.280> dollars 00:01:23.749 --> 00:01:23.759 align:start position:0% for same buying power fifteen dollars 00:01:23.759 --> 00:01:25.910 align:start position:0% for same buying power fifteen dollars the<00:01:24.210> federal<00:01:24.600> minimum<00:01:24.869> wage<00:01:25.020> is<00:01:25.439> less<00:01:25.680> than 00:01:25.910 --> 00:01:25.920 align:start position:0% the federal minimum wage is less than 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have the same buying power with minimum<00:01:32.520> wage<00:01:32.820> under<00:01:33.509> Ronald<00:01:33.810> Reagan<00:01:34.079> it 00:01:34.249 --> 00:01:34.259 align:start position:0% minimum wage under Ronald Reagan it 00:01:34.259 --> 00:01:37.310 align:start position:0% minimum wage under Ronald Reagan it would<00:01:34.380> be<00:01:34.560> nine<00:01:34.860> dollars<00:01:35.430> a<00:01:35.579> short<00:01:36.240> but<00:01:36.479> shark 00:01:37.310 --> 00:01:37.320 align:start position:0% would be nine dollars a short but shark 00:01:37.320 --> 00:01:39.800 align:start position:0% would be nine dollars a short but shark watch<00:01:37.650> you<00:01:37.950> cannot<00:01:38.400> survive<00:01:39.030> on<00:01:39.390> seven 00:01:39.800 --> 00:01:39.810 align:start position:0% watch you cannot survive on seven 00:01:39.810 --> 00:01:41.600 align:start position:0% watch you cannot survive on seven dollars<00:01:40.170> and<00:01:40.380> twenty-five<00:01:40.710> cents<00:01:41.340> an<00:01:41.460> hour 00:01:41.600 --> 00:01:41.610 align:start position:0% dollars and twenty-five cents an hour 00:01:41.610 --> 00:01:45.050 align:start position:0% dollars and twenty-five cents an hour they<00:01:42.060> cannot<00:01:42.540> how<00:01:43.170> there<00:01:44.100> is<00:01:44.310> no<00:01:44.700> way<00:01:44.880> unless 00:01:45.050 --> 00:01:45.060 align:start position:0% they cannot how there is no way unless 00:01:45.060 --> 00:01:47.240 align:start position:0% they cannot how there is no way unless you<00:01:45.420> have<00:01:45.600> four<00:01:45.869> or<00:01:45.990> five<00:01:46.200> jobs<00:01:46.500> and<00:01:46.829> you 00:01:47.240 --> 00:01:47.250 align:start position:0% you have four or five jobs and you 00:01:47.250 --> 00:01:49.190 align:start position:0% you have four or five jobs and you ignore<00:01:47.610> everything<00:01:47.820> else<00:01:48.030> can<00:01:48.390> you<00:01:48.630> survive 00:01:49.190 --> 00:01:49.200 align:start position:0% ignore everything else can you survive 00:01:49.200 --> 00:01:51.740 align:start position:0% ignore everything else can you survive on<00:01:49.530> sevens<00:01:49.979> money<00:01:50.310> by 00:01:51.740 --> 00:01:51.750 align:start position:0% on sevens money by 00:01:51.750 --> 00:01:53.810 align:start position:0% on sevens money by you