With the hike in minimum wage. They will automatically get a raise themselves and they will be able to go through the newly enriched employees that say, you owe us one, too. They want to swell the ranks as well, and you think of the ramifications of this, and Everybody Knows if you do this, something crazy, north of 10 bucks, there will be job losses. So the teenage kid making minimum wage, and the average house makes 70 a year, and take out one person from that equation, they are making less of the median income. Ben, if its not going to be 15, which the unions are pushing, and they secretly know they are not going to get that, and it gets them back to 10. 10. I am a fan of mcdonalds. Its as good as it must be freshly cooked. It has to be freshly cooked, exactly right. Exactly right. It has to be freshly cooked. If they are not freshly cooked, then i dont mind paying 50 more for my big mac and cheeseburger. I do not want the unions pushing everybody around. I want people to make their
Thiss today with lester holt and erica hill li fm studi in rockefeller plaz welcome to today on this sunday morni. Im erica hill alongside dyla dreyer and craigmelvin in for jenna th morning lester is in los angeles this morning. Im sure you got a lot ofleep making your way out thereo be on the show this morning. Th kind of sleep with the little pillow against the window seat. It worked out. Ioutere i was vited to be i guess a contestant on hollywood game night, jane lynchs show ive been brushing up on pop culture and trivia. Are you nrvous at all . I actually am. There are a l of celebrities an actors and actresses the shoechlt as the nws guy, i think people expect me to get some of this stuff right. So youve been practing nonstop for weeks . I want t brin all my producers with me, the people that make me look good. Remember to bring your rpiece with you. Were gla you made it safely. Looking forward to hearing about that. Well tel you more about it, when its going to run. We have busy
Lot of angle on this story coverage for you moments from now. Slightly better sales than abercrombie, investors like it. It is up 3 . Check the big picture, dow industrial average up 13, 16646. Getting a nice boost from disney which is that another new high. Actually down a little bit. 83 for disney, we will take it. Record territory once again for the s p, we are now well above 1900, 1913. Here is a key obama term. The yield on the 10 year treasury, this is all about Interest Rates. 433 . Look at this. Roll it, please. Stuart we had to roll that. We play it because now we have a year without an economy or at least Economic Growth. The weather going to get the blame for sure. An annual rate of 1 . Overall, the First Quarter historically severe Winter Weather which temporarily lowered growth. Charles i have the whole thing in front of me. They were higher taxes that crushed a whole lot of people. Obamacare did not help at all. You just did not read the whole thing, stuart. I wish i coul
We have a little time left, and there are several questions that are outside of the technical scope of your book, but wed love your expertise on. First is your feeling about the senates vote yesterday to change the filibuster rules. Well, whats happened now is that after many, many months and years, the senate has finally changed this part of the filibuster rule which required 60 votes to approve the president s nominations for Senior Officers in the government and some judges. Not the Supreme Court. Now itll take 51 votes, simple majority. Now, i think a lot of americans are surprised, well, why doesnt it take 51 votes anyway . A majoritys supposed to rule. But over the time they came into this notion that they wanted to protect the rights of the minority in the senate which is where this is all focused. But then now whats happened is that the republican minority has blocked so many things, so many judges, so many appointments that finally the white house and senator harry reid, the d
Years under this rule, under that philosophy. Unbelievable. It worked through wars, it worked through the 1918 flu pandemic. It worked through a tax on our nation, 9 11 and pearl harbor. Somehow, some way, great men and women came into this chamber and figured out a way to make this body work. Until two weeks ago when by sheer political force, the majority pulled out a pandoras box, the nuclear option. Now, i would ask, madam president , for my colleague from nebraska to offer her thoughts on this, and as a new member, i look forward to watching you as the senior senator from nebraska. Im not running again. What impact is this going to have . How do you implement the desires and wishes and dreams of nebraskans who elected you and sent you here under circumstances like this . And do you worry that whats going to happen is it wont just stop here, it will be Supreme Court appointments at some point, it will be legislative activity . Id love to hear those thoughts. Mrs. Fischer madam presi