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walmart because they won t pay these workers a decent wage. look, that s why the minimum wage needs to go up, karen. if the minimum wage had kept place with inflation, it would be $10.75. if it had kept pace with the productivity increases, it would be $18.75. if these workers got the same increases as the top 1% in the country, they would be earning $28 an hour right now. it s outrageous. this company uses a model of low wage, no benefit employees to make billions of dollars and lets the rest of us subsidize them for doing it. i think we all have our marching orders. the minimum thing we need to be doing is supporting an increase in the minimum wage. both at the state and federal level. happy thanksgiving to both of you. thank you, anthony goytia and richard trumka. next, our disrupter of the week. a diplomat who s always put
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over the last two, three decades. so if workers don t have money, they can t create demand. they can t create jobs. and the economy can t grow. you see them trying to get by in different ways. you have companies like walmart, who has 825,000 people who earn less than $25,000 a year who have an entire business market designed on low wage, low benefit employees. you know, i ll tell you one report that we filed suggested that, actually, retailers thanksgiving plans don t really save the holiday season. one report says if history serves as any lesson, last year s thanksgiving rush and record black friday weekend sales didn t salvage what shaped up to be a disappointing holiday season. thanksgiving last year generated about $810 million in sales. as the day took the bite out of black friday sales which totalled $10 billion last year. clearly to your point, if people don t have money in their
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benefit employees and they put leverage onto the administration which quickly abandoned the rules of obamacare in that respect, for one year. maybe boeing is hoping for something similar. bill: interesting, stuart varney, thank you, breaking news this morning check out stuart at 9:20 on fox business, 11 minutes past, what is coming up. martha: we have a lot of new numbers, poll numbers and also information on where americans stand now on the new health care law and we ll speak to the attorney general whose state is now the only state in the nation that is actually in the middle of litigation over the health care law, we ll find out what is going on there. bill: and sarah palin, on what happens if the republicans stray from the tea party message. martha: a very strong statement from sarah palin, we will get reaction from michael steele, chairman of the republican national committee, plus, this: what page. section 6618. what page is that, come on, be honest here if you can t
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