Over ten million undocumented immigrants reside in the United States, living and working outside the law. Hiding from the authorities, they operate in the shadows of the economy. The Senate recently passed legislation that would provide millions of illegal immigrants with legal guest-worker status in order to bring them into the mainstream of American life and make them accountable to the law. The Senate bill, however, requires that any business hiring guest workers pay them "prevailing wages" set well above market rates.
Alerta por SUELDOS: el plan del Gobierno que inquieta a gremios
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point of view, every town city has different economics and wages. if there were no wage laws maybe around san francisco, it would be high. in some parts of the country, it could be r5 could be $5. when you raise the rate, and not just minimum wage health insurance, retirement benefits there are a whole litany of things interfering with the market wage. you ll get higher unemployment. the question is is the tradeoff worth it? if it goes to $100 it ll be a point where there s hardly any fast food jobs. it ll be robots. do we get a psychological benefit with the artificially high unemployment. do people not turn on their employers if they feel there is a minimum wage and they re getting a little more? there s also another benefit. the cheap goods, the $1 menu at mcdonald s would go away.
they know that. they are not able to sell it, and so instead of talking about the real issues that people are concerned with, it s this shiny red ball syndrome. look over here at the shiny red ball. reporter: but a prominent house democrat says bigger checks for these workers would benefit everyone. the way to grow the economy is not pay people subpoverty wages. the way to growth economy is to make sure they have livable wages but also to invest in opportunity and jobs. reporter: in berkeley, california, senator rand paul said he thinks boosting the hourly rate from $7.25 would likely backfire. statistics have shown that the people hurt most by raising the minimum wage above the market wage are black teenagers. the people who have the highest unemployment in our country are black teenagers. the thing is if you want to hurt the most disadvantaged in our country raise the minimum wage, so i don t think it s a good idea. reporter: a group of nobel laureates recently sent a lette
back to you. i gist want to put you underneath a plow. look at that due. no reporters were hurt during the making of that video. if mother nature doesn t mess with your flight, maybe a pilot shortage will. if industry watcher is right, this coming crisis could add to air fares. they pay these pilots a starting salary of $22,000. so it s not necessarily a shortage of pilots. it s a unwillingness of the airlines to pay a market wage so people are opting out of being pilots and looking at other careers. that s the challenge. so, a lot of them havephone the private jet route. more flexible schedule. they like that. i don t know how much more they earn but they like the security of that. how much of a factor is that and what is the boomerang effect on commercial travel? i think the biggest effect is you re not getting pilots to
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