Detailed text transcripts for TV channel - FOXNEWS - 2013071

Detailed text transcripts for TV channel - FOXNEWS - 20130713:15:44:00

and wages are not arbitrarily they are based on productive value. government can force a minimum wage but can't guarantee that the jobs will be. walmart dc, is the best example. company forced to pay 12 bucks when it is only worth eight the company will not produce. >> right, and wayne, three stores are already production started on throw stores and they may pull that and three stores planning on doing. deep-sixing that one. and surprise? >> no, you know, eric, the total of 1800 jobs at stake. that is not chopped liver. when you think about that, it is an arbitrary thing, the minimum wage. why raise it from 7.25 to 12.50 or why not make it 20 or $25. there is no reason for. this jobs are competitive like

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