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How Many Hours You Have To Work To Live Off Minimum Wage - YouTube
Channel: The Young Turks
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NEW RESEARCH
INDICATES THAT SOME INDIVIDUALS
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MAKING MINIMUM WAGE IN CERTAIN
STATES HAVE TO WORK 100 HOURS A
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WEEK JUST TO MAKE ENOUGH TO
LIVE.
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THE FEDERAL MINIMUM WAGE
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IS $7.75, AND A LOT OF STATES
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ABIDE BY THAT.
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AS A RESULT, A
LOT OF AMERICANS ARE SUFFERING.
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OVERALL AMERICANS HAVE TO WORK
93.1 HOURS A WEEK AT THE MINIMUM
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WAGE TO EARN A LIVING WAGE.
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AMERICANS HAVE TO EARN $16.95 ON
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AVERAGE TO MAKE IT LIVABLE WAGE.
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THE FEDERAL MINIMUM WAGE AT
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$7.25 AN HOUR IS WORTH LESS THAN
THE 1968 MINIMUM-WAGE IN TODAY'S
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DOLLARS.
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I AM GOING TO GO
THROUGH THE STATES TO GIVE YOU A
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SENSE OF HOW MUCH YOU ARE GOING
TO HAVE TO WORK IF YOU ARE
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MAKING MINIMUM WAGE AND YOU WANT
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TO MAKE ENDS MEET.
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>> IF YOU FACTOR IN
INFLATION, THE MINIMUM WAGE IS
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LOWER TODAY THAN IT WAS AT 1968.
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SO ALL OF THOSE PEOPLE WHO ARE
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CRYING NONSTOP ABOUT, OH MY GOD,
THE MINIMUM WAGE IS TOO HIGH 帽 帽
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REPUBLICANS ARE SAYING WE SHOULD
GET RID OF THE MINIMUM WAGE.
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SO
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WHEN YOU SAY TEN DOLLARS, OR
FIFTEEN DOLLARS JUST TO KEEP
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PACE, THEY SAY OH NO YOU ARE
GOING TO KILL THE ECONOMY.
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IT铆S A LIE.
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IT IS NOT TOO HIGH,
IT IS MORE THAN IN 1968.
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YOU CANNOT LIVE OFF IT.
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>> IF YOU ARE LIVING IN NEW
JERSEY, THE MINIMUM WAGE
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THERE IS EIGHT DOLLARS AND
THIRTY-EIGHT CENTS.
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THAT IS HIGHER THAN THE NATIONAL
WAGE, BUT YOU NEED TO MAKE
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$19.76 AN HOUR IN ORDER
TO MAKE ENDS MEET.
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MEANING THAT IF YOU ARE MAKING
MINIMUM WAGE, YOU HAVE TO WORK
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94.3 HOURS A WEEK JUST TO BE
ABLE TO AFFORD THE COST OF
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LIVING IN THE STATE.
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>> SO IF YOU ARE WONDERING, HOW
IN THE WORLD CAN YOU DO THAT?
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NOBODY CAN WORK NINETY HOURS A
WEEK, AT LEAST CONSISTENTLY.
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THAT MEANS BOTH PEOPLE IN THE
FAMILY WORK, AND IF THEY
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BOTH WORK AT MINIMUM WAGE AND
THEN SOME THEY ARE BARELY
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SQUEAKING BY.
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WHO IS LOOKING AFTER THE KIDS?
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DO YOU HAVE TIME TO DO
HOMEWORK WITH THEM?
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ALL OF THESE DIFFERENT THINGS.
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AND THEN OF COURSE FOX NEWS WILL
TURN AROUND AND YELL AT YOU
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BECAUSE YOU DIDN'T DO A GOOD
ENOUGH JOB AT PARENTING
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WHILE YOU ARE WORKING 2 1/2
MINIMUM-WAGE JOBS.
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>> IN NEW HAMPSHIRE YOU WOULD
HAVE TO WORK 95.1 HOURS A WEEK, IN
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MARYLAND AT 91.3 HOURS, IN
VIRGINIA 103.2 HOURS A WEEK.
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THE MOST EXPENSIVE STATE TO LIVE
IN IS HAWAII, BECAUSE OF THE
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FACT THAT MINIMUM WAGE IS MUCH
LOWER.
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YOU HAVE TO WORK 107
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HOURS A WEEK IN ORDER TO MAKE
ENDS MEET.
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THE REASON WHY THIS
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STORY IS EXTREMELY IMPORTANT IS
BECAUSE, OFTEN TIMES WHEN YOU
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HEAR ABOUT THE WORKING POOR 帽 BY
POLITICIANS OR EVEN THE
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MAINSTREAM MEDIA 帽 THE NARRATIVE
IS, THESE PEOPLE ARE LAZY.
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THEY
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ARE LOW SKILLED WORKERS, THEY
WON'T PICK THEMSELVES UP BY THE
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BOOTSTRAPS.
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THESE ARE THE
HARDEST WORKING PEOPLE IN THE
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COUNTRY, THEY ARE JUST GETTING
PAID VERY LITTLE.
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AS A RESULT,
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FORTY HOURS A WEEK IS NOT ENOUGH
TO EARN A DECENT LIVING.
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IT IS
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NOT A LIVING WAGE.
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BY THE WAY, ALL THE COMPANIES
THAT WON'T PAY THEM A
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LIVING WAGE, WE END UP
SUBSIDIZING THOSE EMPLOYEES.
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>> THAT'S A GOOD POINT.
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THEY
PRETEND THERE IS A FREE MARKET.
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WHAT WALMART DOES IS, THEY GO
INTO A COMMUNITY, THEY PAY AN
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INCREDIBLY LOW WAGE, AND BECAUSE
THEY GET REALLY CHEAP MATERIAL
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FROM CHINA, THEY
DRIVE LOCAL MOM AND POP
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COMPANIES OUT OF BUSINESS.
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NOW
EVERYBODY IN TOWN IS DEPENDENT
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ON THEM FOR JOBS, SO THEY GO,
I AM GOING TO PAY YOU SO LOW THAT
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THE GOVERNMENT IS GOING TO HAVE
TO PICK UP THE SLACK.
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YOU WILL
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HAVE TO HAVE FOOD STAMPS BECAUSE
YOU OBVIOUSLY CANNOT SUPPORT A
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FAMILY ON MINIMUM WAGE.
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WE KNOW
THAT, SO WE'RE GOING TO MAKE THE
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GOVERNMENT PAY FOR YOUR
MEDICAID, YOUR FOOD STAMPS SO
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YOUR KIDS CAN EAT, AND YOU HAVE
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JUST SUBSIDIZED MY INCREDIBLY
GIANT AND PROFITABLE BUSINESS.
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WHAT PART OF THIS IS FREE
MARKET?
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THE GUYS YOU ARE
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PAYING FOR FOOD STAMPS AND
MEDICAID, THAT IS HELPING THE
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WALMART铆S OF THE WORLD.
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IF YOU
WANTED TO DO SOMETHING ABOUT IT,
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YOU WOULD INCREASE THE MINIMUM
WAGE AND MAKE THE CORPORATIONS
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ACTUALLY PAY FOR THEIR WORKERS.
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YOU WANT TO RAISE THE MINIMUM
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WAGE SO THAT PEOPLE CAN ACTUALLY
FEED A FAMILY THAT THEY ARE
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WORKING HARD?
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OH, NO, YOU DON'T
WANT TO DO THAT.
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YOU DON'T CARE ABOUT
FAMILIES IN AMERICA.
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ALL YOU CARE ABOUT IS, HOW
CAN I HELP MULTINATIONAL
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CORPORATIONS AND THE
WEALTHY IN AMERICA?
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