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Detailed text transcripts for TV channel - MSNBC - 20210611:07:08:00

with them. the only things that are not cheap, on top of it all, the pillars of middle class life, education gets more expensive, as does housing and health care. we might be on the precipice of a momentous change right now. we retransform that bargain away from cheap consumer goods and a low wage economy to a high wage economy, and that might mean that burritos cost $10.40 instead of just $10. it may also mean that you buy a new television less often. and other consumer goods cost a bit more, some services might cost more. there might be a trade-off like that, economics is about trade-off. i think it is a trade-off most americans are willing to make. in fact, if americans agree on one thing, overwhelmingly in a very poor lies era when no one agrees on anything is raising the minimum wage. 62% supported to $15 an hour according to a recent survey. in fact if you go back to that republican party post, if you reverse the republican party s

Detailed text transcripts for TV channel - MSNBC - 20210611:00:08:00

cheap goods go together with low wages. because you re getting those goods from folks making very little money. the only things that are not cheap on top of at all are the pillars of middle class life. education gets more expensive every year, as does housing, as does health care. we might be on the precipice of a momentous change right now where we transform that bargain away from a cheap economy to a high wage economy. and that might mean burritos cost $10.40 instead of just $10. it might also mean you buy a new television less often. there might be a trade-off like that. economics is about trade-off. i think it s a trade-off most americans will willing to make. in fact, if americans agree on one thing overwhelmingly in a very polarized era where no one agrees on anything, it s waging the minimum wage. 62% of u.s. adults support

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