$10. that s where it was 50 years ago. which is what california is doing. that s where it was 50 years ago when you adjust for inflation. on the other hand people who say we need a $15 minimum wage are denying the economic reality of what s involved in running a fast food restaurant. to say it s a drop in the bucket is an under statement. contrast this with the twitter story and lax regulations. you make 8 bucks an hour and get a bump up to $10 an hour it makes a huge difference in your life. we ll see. you can measure this as drops in the bucket. it s a very small piece of a big puzzle. sacramento bee, california state legislature approved a bill allowing undocumented immigrants to get driver s license. nine other states in the united states have similar laws. six enact this year. usa today an old boys
oh, nice. thank you. okay, great. so t-shirts are a great buy right now. 8 bucks. you can t beat that. what about moccasins? yeah, fall shoes. those flip-flops don t cut it anymore now that fall is upon us. we love this moccasin. this is from the gap. and it s $35. it s 30% off right now. and it s a comfortable shoe you can wear all season which is great. fantastic. how about purses? tote bags? yeah. so whether you re going back to school or you re just excited for the change in season, it s time to get a great deal on a bag. gap right here, we love this canvas tote with the striped detail. $35. originally $50. that s great. okay. so now you say to wait. there are certain things that will be going on sale. and you can find those at huckster, but let s talk about sweaters and coats. when is the best time to buy those? yeah. so there s a lot of great products out there that are hitting the shelves right now. but you don t need to stock up on all these things. and so these are t
against the defending super bowl champions ravens. but the bigger story is fantasy and how people are realizing this is not just a game. what is happening to this fun fantasy football? oh, my goodness. now we get to the good stuff. so back in 1995, fantasy sports really started. we started with baseball. what s happening, insurance, lawyers, trophy cases, it s going nuts! go on foxbusiness.com for all i m going to tell you. they basically can insure your top players in your league. while some people play in leagues that are free, there are some high stakes leagues, 5,000, $10,000. so you have fantasy sports insurance.com. fantasy playerprotect.com, where they charge 12 to 18 bucks if you want to insure some of your favorite players. they have thousands of policies. sports judge, who will try and work it out for you. they have fantasytrophies.com
and, again, people understand this. they recognize even if you re solidly ensconced in the middle class and you re doing okay, and let s face it, a lot of middle class people are struggling as well. right. you recognize that the growth in this economy has really done an end run around middle and lower income folks. i mean, for far too long, growth has been a spectator sport. you read about it in the newspaper, productivity growth, bank profits. and if you follow these fast food workers, these are folks telling you i have been working for two, three, five years at a job that started out at $7.25 and has now moved up to 8 bucks an hour there is no grownup with a family who can survive at that level. jared bernstein, thank you for your time tonight. thank you, sir. still ahead, it s shaping up to be a political prize fight. bill clinton against sarah palin on obama care. plus, bill o reilly offers up an excuse for why republican
mcdonald s? fast food workers protesting low wages around the country, america s number two retail giant costco pays workers, on average, over $20 an hour. so how do they do it? i m joined by doorian warren, a democratic strategist who worked on president obama s 04 campaign and also an associate prefer at columbia. good to see you. thank you. average pay at mcdonald s 8 bucks and walmart 13 and costco 20 plus. how do they do it? simple philosophy the founder and the last ceo and current ceo adhere to still. you treat your workers and your customers well. you re going to do very wlt and they ha well and they have lived by that philosophy and as a result much less turnover and they average turnover rate in the industry is 34% and costco is lower.