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when you raise the minimum wage, the people who are the first -- the last hired are the first fired. they are the ones who do not get the job. that is why it is the example with supply and demand that has given in the first -- >> why would you pay more to stay in a low income job, low-skill job longer. >> because most of the people working minimum wage are adults. that's a very. but really you're example assuming human beings are widgets. human beings, when you pay them more, you get more effort and reduce the turnover, they stay in the job longer and become more skilled. the company benefits. they get better -- you also save the taxpayers money. we are subsidizing low-wage workers, because companies aren't paying them enough. next, though, david, i want to ask you why thousands of young people are signing up for

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