hold on. they say really? it comes from the gospel? what i'm am saying to all of you today is: as we talk about memories, as we talk about the , i hope that all that youderstand should never give up. that is not even to be considered. instead, this is all about the day you started to fight. this is about today. this is about using that 50 years of triumph as fuel to boost community action to new heights, to new standards, to new excellence, to new abilities and in people in need fact to turn away from all the naysayers come all the questioners, because you are too busy. because guess what? you have your eyes and the price. thank you very much. [applause] >> next, a discussion on issues important to millennial's in 2014 and 2016. after that, the weekly addresses by president obama and republican national committee chair reince priebus. then we will hear from some of the speakers at this years's new york ideas festival. on newsmakers come in jenna governor mike pence talks politics and issues facing indiana and the other states and governors. governor pence is frequently mentioned as a potential presidential candidate in 2016. newsmakers, sunday at 10:00 a.m. and 6:00 p.m. eastern on c-span. >> this month, c-span presents debates on what makes america great, evolution, and connecticut a modified foods. issue spotlight with in-depth looks at veterans health care, higher oversight and campus sexual assault. user select is on issues including global warming, voting rights, fighting infectious disease, and food safety. and our history tour, showing sights and sounds from america's historic places. find art to the schedule one week in advance on c-span.org. let us know what you think about the programs you're watching. call us at 202-66-3400, or e-mail us at comments at c-span.org. join the conversation, like us on facebook, follow us on twitter. >> it begins with the iowa caucuses on february 1, 2016. and the new hampshire primary on february 9, followed by the nevada caucuses from your 20th and the south carolina primary on february 7. other states could hold her conferences from march 1 to the second tuesday in june. from today's washington journal, it is about an hour. a for the x hour, we devote to young voters. we are joined by matthew siegal of the group our time. he is the cofounder and also president of a generation opportunity. good morning to both of you. start, what does it mean not only as a group of people, but how you view politics as well, mr. siegel, you go first. ales are generally considered as people born after 1980. they're known widely to be a very socially progressive, fiscally concerned generation. up., one that has grown growth in social media. host: would you agree? through think 18 34-year-olds. itss a group marked by tendency to be creative and innovative and entrepreneurial. this is the facebook generation. exciting generation has a lot of labels on it that i don't think are true at all. y are called lazy and entitled. i think it has a lot to offer the country. host: the pew research center said that politically 50% consider themselves and appended. what does the case, it mean for your organization as you approach politics? guest: we want to be pro-generational. we look at the majority consensus position where young people stand and represent that. on social issues you will see millennial's align more with liberals and democrats . on many fiscal issues there is a lot less consensus. for the most part we try to encourage civic engagement. that has been totally depleted in this country. less than 20 states still teach civics. importantly, it has been cut from our federal funding from the department of education grid kids are growing up with no understanding of how government works. nonprofits are trying to take up the slack. host: talk about your organization. we have a point of view for what improves the lives of young americans. what will create more well-being an opportunity. that is less government and more freedom. that is where most americans are today. they don't put their trust in politics. they don't trust big institutions. they want to disrupt the status quo. they make a difference in the clinical process. host: when it comes to one issue that you focus on, what is that? guest: the economic issues of emotional attitude opportunity. they are depleting our opportunity. policies like obamacare are held in my generation back. the shareds like economy with uber and left and food trucks and airbnb where government regulation is keeping people from being entrepreneurial. guest: with respect to obamacare, our organization is supportive. the reason for that is if you look at the policy in its totality, it benefits the financial well-being of our generation. not only does it allow people to stay on their parents insurance which is covered millions more people, and also ends discrimination against people with existing conditions. get moret of allies to people covered so less people have to file for bankruptcy. 50% of bankruptcies are due to people being unable to pay medical bills. fair to the taxpayer. when people who are uninsured one up in the emergency room, we as taxpayers have to cover them. the spirit of the law is spot on. it is getting more people insured so the don't get broke. the rollout was a disaster. it is hard for us to understand how a government website did not work well. the spirit of the policy is a noble one. host: you heard some perspectives from our two guests. if you want to ask them questions concerning politics, this is your chance to do so. we have four lines. how do you live yourselves in terms of party? we don't fall on the democrat or republican spectrum. we align with democrats on issues but other times we are critical of democrats. 51% of millennial's are independent. we don't play into the binary frame. it is more important that they see their wages increase and see the government represent their needs on college affordability and so forth. those are the issues that we focus on. have all groups within your organization? guest: if you look at our facebook page for our e-mail everythey represent element of the political spectrum. guest: we are a nonpartisan nonprofit organization. we have a point of view. we tend to criticize both political parties when they aren't voting for things to make lives of young people better. there are democrats the past obamacare. audience is concerned about some of the democratic leadership. are times when republicans have failed to live up to their ideals of being advocates of the free market and opportunity. how: the headline just says obama lost the millennial generation. guest: the popularity of the president with anyone after five or six years in office is inevitably going to decline. what is promising is millennial's are losing faith in the presidency. we have this green lantern theory in america that a president can help us prevail out of all of our national challenges when it is congress that lights legislation. can overrides that a veto from the president. much moreas authority. millennial's are learning the importance of congress and their part in this culture of gridlock could millennial's a poor. -- abhor. voting is critical. these congressional races are going to have a major impact on congress to get things done. two thirds of millennial's don't think anybody has their priorities at heart. they don't think the politicians care about them or their priorities. they have lost faith in this president. obamacare is not helping our generation. if you ask 18 through 24-year-olds if you could vote to recall the president, 54% would do so. there is such discontent with young,sident among the -- significantlyowed congress ands of the media. the president is much more popular than them. host: young americans don't trust big institution. the unholy alliance of big government and big business is deeply unpopular. guest: absolute. this is a cartoon that demonstrates how there is an alliance between government and big special interest institutions. both the local part fallen prey to that. guest: does your group support campaign finance reform? the problem is bigness has decided that adding value to their customers is less important than creating a relationship with the right people in washington. many laws you pass, we have not been able to stop that. what we've seen historically is it doesn't solve the problem. we need more transparency and empowering the grassroots. you give big business power when the government grows. need to limit the size of the federal government so big business has less influence. host: eric is on from florida. caller: i did have a couple of philosophical issues. i think there is an issue here with the labels we try to put people in. to say't just try everybody has the same motivations and ideas. i would like to hear your idea on that. with someone being socially liberal and financially conservative, how do you expect to pay for liberal programs that people want? keep say your social liberal and fiscally conservative. i didn't say fiscally conservative i said concerned. are concerned about their economic well-being. just to clarify that characterization. put stimulus programs like raising the minimum wage, not only do empower low income bucks inith some more their pockets, where are they going to go? they're not going to go into a bank. they're not going to be sat on like corporations. they are going to go right back into the economy ammann which is a stimulus. the minimum wage increase will have a minor stimulus and create jobs. i am supportive of raising the wage as are most millennial's and most young republicans. 69% of young republicans support raising the minimum wage. when you look at income the average ceo makes 700 times the minimum wage worker, it is unconscionable that we can live in a country of such stratification and not make college less affordable. that is shackling our generation in poverty. as far as minimum wage goes, it hurts young americans the most. americans and have minimum wage are least likely to be there for a long. of time. if you raise the minimum wage, it doesn't mean everyone has at minimum wage gets paid more. it means there are fewer jobs. there are fewer people making that wage. popularly, we need to educate our generation that some these policies sound nice. obamacare is a good example. 60% supported the health care law. they wanted health care for everyone. they believe that everybody having access to health care is a good thing. when it was rolled out, it did not improve the health care system. now they oppose it. young people support raising it in theory. when it gets raised and they see it go to $15 in places like seattle, there is higher youth unemployment as a result. young people become much less satisfied in adjusted. it reduces employee turnover. most small business owners who have raised the wage of said tot it is a huge contributor lowering training cost because it combats turnover. if you raise a minimum-wage it creates jobs faster than those who have not. is 35 yearswage old. there is a myth that this is a position for teenagers. see manyarting to middle-aged workers who have children are stuck in minimum-wage positions. 90% of fast food workers never get out of minimum wage. they don't rise to managerial positions. quality, low pay jobs that are not enabling people to have a living standard. who ends up subsidizing them? we as taxpayers have to pay for their food stamps. -- $4.6 force would billion for subsidies that are for people who work for companies that are too cheap to pay for them. for tired of paying corporations who are too cheap to take care of their workers. guest: youth unemployment is the largest problem facing our country. only 20% of region college graduates were able to find , yet americans are not finding any real economic opportunity. two prior to as a polity that contributes to that problem is folly. andeed to do the hard work educate young americans about how these policies will impact them. i don't think the average person studies and understands the economics of minimum wage. it sounds nice on the face but hurts our demographic. if you look at what is happening in greece and spain. if we keep spending and regulating and created a economy where we create sony rules and make it hard for businesses to get started. there are fewer opportunities for our generation and will make life more difficult for a lost generation. mo is calling from nashville, tennessee. it is such a wonderful way to wake up on a saturday morning and listen to this dribble. i can't believe the two young men such as yourselves could sit there and spout this garbage. it must be nice to run a nonprofit. it must be nice. i don't know where to start. you moan about minimum wage. what do you know about minimum wage? i don't know where this country is headed. if you raise the wage, it doesn't have any significant effect on job less whatsoever. there been studies that show that there are job gains from it. updates income inequality. i agree with your points on youth unemployment. it is globally a crisis. one way to solve youth unemployment is to invest in no-brainer solutions like national service. -- you havesupplied all of these societal problems like preparing infrastructure. you can put all of these idealistic young people to work and solve those things if we would invest the money on the front and to actually fund americorps. of the budgets cut americorps funding. that makes no sense when we know that for every one dollar invested in americorps it yields seven dollars and returns. guest: i had a minimum wage job. before college. i learned a lot in that job. i was not stuck in that job. to have muche money in my pocket why went back to college. i got an education. anhink minimum-wage jobs are excellent way for young people to get in the economy. i don't think they hold young people back. government isthat the solution to the problem. we've got 18 job training programs. they are not working. youth unemployment is at unsustainably high rates. the gap between continue to grow. goingng more money is not to solve this problem in any way. we need real growth that our generation can lead. it at thenot leave state and local level? is why you have 13 states raising the minimum wage by themselves. cities like san diego the just raised the minimum wage. realize it is unjust to keep people stuck in minimum-wage positions. these are not teenage jobs anymore. 30'see people in their doing minimum-wage jobs. you can support kids on that wage. food stamps. they need other government programs to help keep them solvent as human beings. states are going to move forward. the federal government is in paralysis right now in terms of passing any legislation. the states are proving that it is working. are also seen residual growth of everybody's wages. pressures employers to raise everyone's wage. terriblenation is since the recession. host: let me take a call. are you ready for a serious debate? let me hear your best on the war on drugs. i want to hear something. guest: i have a lot to say. i think the war on drugs is a complete colossal disaster. not only has it been an effective, it has been racist and its implication. it has shown and proven itself to prop up the industrial complex. let's just look at marijuana. not only has states like washington and colorado past legalization and seeing millions of dollars in tax revenue that has gone into funding schools, it is a former president -- form of raising revenue. of showsentific study that marijuana is less dangerous or safer than alcohol. it is safer than tobacco. many aeading to so course or rations. -- incarcerations. people are getting a substance that is less toxic. it we could stop locking up so many young people and poor minorities. guest: guest: i think there is a lot of agreement here. we can increase opportunities for young americans. it is ridiculous you make a mistake in high school and can be feeling the effect of the small mistake the rest of their lives. laws need to be reformed right away. i think the war on drugs has had a negative impact and has taken away opportunity from our generation and is very problematic at its core. generation opportunity has not gotten involved in the drug legalization debate. but we have gotten involved in saying we should not steal opportunity from young americans the cousin of the mistakes they make in their younger years -- because of the mistakes that they make in their younger years. federal laws create penalties for fairly harmless crimes. it is bad public policy and something that needs to be reformed. i think a lot of agreement can be had across the spectrum on this issue. about raising tax revenue? politicians are always looking for more revenue and new ways to tax things. that is the wrong debate. the right debate is whether the criminal justice system has the right policies in place and whether marijuana should be legal or illegal. states should be making that decision based on its own merit and not whether it can be another source of tax revenue. guest: tax revenue can fund higher education, social services, public health. isn't this a common sense way of getting revenue? even grover norquist supports marijuana legalization. guest: as far as policy, i think we need to talk about reforming the laws. i don't think politicians should look at everything as a way to tax our generation more to pay for more government. this is an issue where we can move toward freedom. i think that is the key point. not how much money they can make. you look at prohibition laws and craft breweries. we are still looking at whererohibition laws people said if you will make alcohol illegal, we will. sign up for all these things. a are still suffering from lack of opportunity in the craft beer industry because of those post-prohibition laws. i hope people will not make the same mistakes with legalization. host: john, hello. almost you started off immediately talking about how all these taxes are supporting this older generation with medicare, obamacare, and all this, how this is destroying all of your chances. there was a study that came out ant week that children cost average of $250,000 to raise a child until the age of 18. i raised two children. if each of those gave me back have250,000, i would $500,000 and would not need medicare and social security to keep me going. also when you talk about rules and regulations and free-market, there are 300 million people in this country. do you think we need 300 million sets of rules so everybody can act like they want? guest: on the point about distribution of benefits, taking from the younger generation to give to the older generation, have to look at whether that is good public policy. young americans are the poorest americans. younger generations have less time to acutely well. -- accumulate wealth. it is wrong to take from us to subsidized and older, wealthier generation. we need to look at the future of the country. best thing is not to take more from us when we are young and poor. these programs are not sustainable. a.m. person today will not realize social security benefits. everyone says it will be bankrupt and there will be no drawe for my generation to benefits without must reform. is going to bankrupt my generation with higher taxes. we cannot count on any benefit from that from either. 90% of young americans support immediate entitlement reform. case,in social security's what would you support in terms of reform? guest: there are obvious places to start. you can get out fewer benefits to wealthier seniors. you can start slowly raising the retirement age. when it was started, 65 was an age that few people were living past. today, the average life expectancy is well in the 70's. those are simple reforms to start with. you can take a look at broader reforms giving people more ownership over their own dollars. to save those programs, there are simple reforms right off the bat. host: what is your opinion? guest: social security is funded through 2038. my grandparents rely on social security like many grandparents for over 90% of their income. socialey are not given security, that burden falls on us. families have to pick up the burden of supporting their elders. if we just raise the cap on social security for owners over 130 thousand dollars in year, we could make it solvent until 2070 or later. you are right people are living longer. poor people are not living longer. there was a study that showed in fairfax county, a wealthy for menlife expectancy is 82 and for women 85. but in mcdowell county, a much is the samey, it life expectancy as iraq. when people work menial jobs their whole lives and hav is ugly strenuous labor, to say -- and have physically strenuous labor, to say they have to wait five more years when they're not living longer is disingenuous. the other thing is the national debt which i also have a lot of concern for. it is the cost of health care and medicare. we have a messed up system and how expensive drugs and procedures are in this country. we have this perverse incentive system called fee for service where doctors are paid by how many procedures they give you as opposed to wellness. obamacaremething -- will set up organizations that focus on quality of health instead of quantity. doctors will be incentivized to keep people well so they don't have to keep coming back to the doctor. guest: we have seen government bureaucrats fail miserably at determining what quality is, how to define wellness, how to incentivize dollars. the marketplace does a much better job. there are tons of perverse incentives driving costs up. most of health care spending is through insurance companies and employers. it would drive the cost up. most americans are not incident must to make responsible decisions -- not incentivized to make responsible decisions. we do need to reform health care. i think obamacare went the wrong direction and gave bureaucrats and third-party payers more power. government centralized has more negotiating power with companies and hospitals to lower rates. rates on drugs through medicare are much lower than through the free market. is an elastic concept. the private market should reign when it comes to health care and we should not re aree for people so they ar less uninsured and have to go bankrupt is a fallacious notion. i am a 48-year-old. i'm not sure generation that is. i would like to ask you generation about a paradigm shift. not to have republicans, democrats, and everybody separated. but to go from problems to solutions. what are we going to implement? what are we going to do? the second question i have is, do you like the alternative media more than the mainstream more truthse i find in the alternative media and would recommend that for your generation as well? host: when you say alternative media, give an example. daboo7,youtube, stevequail.com. a lot of things on the internet that are called truth. in terms of the solution, there are so many. some of the no-brainer ones are things i have already referred to from expanding national service to raising the minimum wage. i also think that is a lot that can be done on college affordability, a topic we have not gotten to yet. we have shifted the notion of college over the last few it has been where for 200 years established by ben franklin as a system for public good into one where we have considered college a private commodity run by loans as opposed to grants to provide access. that whole system needs to be reformed by legislators across the country. in terms of the immediate, there is a lack of trust in the media. we have seen corporate consolidation in the media. huge conglomerates on most of the cable networks. there is not a lot of competition. most perniciously, the news is incentivized by ratings. when you are incentivized by ratings, you have to report on sensationalized concepts that are sometimes not salient to the public interest. wouldose a measure that firewall newsrooms from the larger need to report to shareholders in corporations so they can do the reporting they have to do to hold government and private institutions accountable without fear of repercussions and without the need to pander for ratings to make revenue. guest: the caller asked for solutions. i think it is clear and simple. our generation is ready to solve the problems facing this country. freedom will drive progress. bycan improve all americans freeing this next generation to do amazing things. to come up with a ridesharing bnb to like uber, air provide more affordable options to stay in a new city, to come up with things like facebook that connect our generation in ways never existed before. our generation is ready to do those things. it will not be through government solutions. we know government is broken and bureaucrats cannot solve those problems. if we are going to free the future of our country, we need to free the next generation to innovate our way out of these problems. i think that is the solution. as far as how to communicate with our generation, it is not going to be done through big news organizations. we are not going to watch the nbc nightly news. it will be through direct contact and adding value through our lives. it is no surprise would get more of our news from "the daily show" than the classic anchors on television. if you're going to communicate with young americans, you need to meet them where they are at and offer value to their lives. that he wants more government rules and regulations to make sure we get the right news. that is not how humans work. we are going to get news where we want to get it. the burden is on us to communicate with young americans in the places they are at. guest: i don't want more government. i want smart government. here is the difference. smart government recognizes you need to allow social authorship -- entrepreneurship to happen and innovation comes from the private sector. and investments from government -- but investments from government have allowed great institutions like google to happen because federal funding for research has allowed companies to come to fruition. i wrote a piece recently about the ice bucket challenge. wheres the difference government is a greater force for public good than the private sector. millions of people have uploaded videos and raised tens of millions of dollars for als, which is amazing. however, if you look at the national institutes of health, they fund over $30 billion of medical research per year. in 5% cut to that budget would just -- which just took place cut over $1 billion. they are the largest funder for als. if you want to make a difference on numeral als funding, you vote and look for innovation funded through government dollars. it will not be funded by some private entrepreneur because you need tens of millions of dollars to have innovation that will not come out of the private sector. it will come through government-funded grants. we need smart government to have that kind of innovation. then you allow the private sector to take the discovery from government and put it into private products they can sell and create jobs around. host: let me get in a couple of calls. darling, minnesota, republican line. caller: i have a couple of comments for matthew. i heard you say something about government creating jobs for young people. i am sad you think government is supposed to create jobs for young people. is i would like to give you a history lesson on your parents generation. right now today, the young millenials are mostly from the democrat and liberal side saying minimum wage is not cutting it. ande jobs at mcdonald's walmart were never intended to feed a family of four. they were intended for kids in high school. guest: walmart is the second-largest employer in the country. caller: yes, with a lot of part-time people. this is where my history lesson comes in. when i was growing up in minnesota, we had west publishing, the ford motor company, a steel plant, the gillette company. i was making $3 an hour. i had girlfriends working at gillette making $18 an hour. they did not even finish high school. host: apologies. we are going to have to leave it there. guest: i don't know where she was going but it sounded like she may have been making the case for better wages. $18 an hour is significantly more than the minimum wage. they can then afford goods and services and use that money to go back into the economy and take care of their family and even have savings for college for their kids. i think those kinds of wages are a good thing. get abusinesses say they better product and result from workers and they are paid well. host: flushing, new york, democrats line. caller: how are you doing? caller, i am not sure where she was going with her pointer she was arguing for better wages. my point is about social security reform. it is nice to say we have to raise the retirement age. but what do you do about low income workers, someone like my grandmother who was a nurse's aide? her backb -- by 65, was going out. she worked hard. what are you going to do for hard-working americans doing the best they can do? how can you tell that person you are going to raise the retirement age? if you have less money, you get less care, quality is not as good. how do we honestly say to them who have paid taxes and invested in the country that we are going to raise the retirement age on you because people are living longer? thanks. guest: the problem with entitlements is they are universal. even if you are well off, you're getting the same benefits as low income workers. if you're talking about how to reform entitlements, you need to focus on those truly in need. make them into safety net health careher than and social security for everybody regardless of the success you have had in your career. we should target those programs for those in need. we can raise the age to make sure it does not hit anyone in a way they cannot plan for. there's difference now between from when it started. matthew made the point earlier that those not living past that age are those that are truly low income. i would suggest we should make sure entitlements are taking care of those people that are and start reforming by means testing them away from those that have already. i think there are reasonable reforms matthew and i could hash out any room negotiating how to improve the future of social security and medicare. our generation is with us. 90% support immediate entitlement reform. it is bankrupting our generation. it is stealing our prosperity to pay for benefits our country can never afford. we need solutions that are necessary and can improve the future of the country. host: can you come together on this one? guest: i'm confident we could come to some solutions. 61% of millenials those cuts to social security -- oppose cuts to social security. when you make a program for low income people, not only is it more likely to be cut but look at the unemployment insurance. people are literally at the brink of homelessness with it not being extended. the idea of social security is it is a system that everyone pays into and get the benefit out of. host: one more call. richard, florida, independent line. caller: good morning. i would like to run something across these young gentlemen. one seems like a republican. the other seems like a democrat. this lies in the problem with all our elected officials is money. everybody, wants to get elected, they are not thinking about a job. they are thinking about getting reelected and stuff. if we took all the money, we would start with the governor, the house, the senate, the presidency. all the money that goes into each one of those groups is divided evenly. the way they get credit for it is to just say so much was donated to this party and this gentleman or whatever like that. host: richard, thanks. guest: we support campaign finance reform. we support disclosure. when you pour unknown amounts of money into the political process, it makes it less accountable to the broad majority of citizens. any measure to promote less money in the system is generally something we would be supportive of. guest: the only way to limit the flow of money into politics is to make it less profitable to make -- spend your money on politics. we should be choosing winners and losers among corporations by whether they are adding value to customers. the value for most corporations is to pay lobbyists to make sure they get a special contract from the government. that is not sustainable because moneyill not be adding s to society. we need to make it less of a high-stakes game and return it to individuals who can hire and fire based on whether or not they are creating opportunity. both are from generational groups representing millenials here to talk about issues. this guy is talking about growth and how it will help matters. i don't buy it at all. i don't see how growth will get passed down to employees and customers. it never does. it is in every republican playbook and it never works. i think there is a lot more so a in being a republican lot more people want to be one. we have a $17 trillion debt. we have got to get rid of it. we are getting no monetary return from anything we do overseas. that is a big problem. we have other big players like russia breathing down our n eck. host: thanks. he brings up the debt. guest: it will quickly approached $20 trillion in debt if the interest rate went to historical levels at 5%, that would be $1 trillion a year just to finance our debt. president obama submitted a speech that his now famous in the congressional record. he never gave the speech. he talked about how it would be irresponsible to raise the debt ceiling. republicans hammered the president saying it would be a failure of leadership to fail to raise the ceiling. that is not the important part of the speech. he gave an eloquent defense of reducing the national debt by saying every dollar that goes to what he calls a debt tax, interest payments, are dollars that cannot be used for something else. whether you support big government and think it should be education or health care, those dollars cannot go to that because they are being flushed down the drain. if you think those dollars should be given that young americans and we should be able to create and innovate, you should be opposed to a debt tax. it is a huge problem. grams arent probl driving that debt. we need to reform and reduce government spending or we will spend more money on things that provide no value. we need to address that issue. is first and foremost in the minds of millenials. his crippled to the future of our country. -- it is critical to the future of our country. guest: 18% of our budget is medical costs and will only grow each year. the fact that procedures cost so much money and drugs cost so much money is troubling. the fact we have a system built where doctorsvice are rewarded based on recommending more procedures only inflates costs and encourages a lot of waste in medical spending. that is where we have to target a lot of the focus. is solvent for another 20 years. that is not where the great emphasis should be. the biggest emphasis should be on job creation. there is where you broaden the tax base. it should be on immigration reform. that is where you broaden the tax base. you need revenue to lower the debt. through 17ut our way billion dollars without having such austerity that people are left without goods and services and there will be a rebellion. you need to have revenue. rich people need to pay a greater percentage of earnings. they have done very well. the stock market is at record highs. we have seen income inequality widen. ceo's are giving themselves raises. the united airlines ceo refused to take a pay cut. he makes $8 million a year while he just cut jobs and lowered them to part-time lower paying jobs. if you took $2 million less in salary, there is evidence he would not have to cut the 600 jobs. that is unacceptable. >> the caller made an excellent point. if boeing is growing, i am not sure the economy is growing. they are just getting more government contracts and taking more from the taxpayer to grow their business. they promote that kind of greed. there are not a lot of options aside from boeing on jets. if we are going to see real growth in the economy, it needs to be from the bottom up. going from ae uber tiny company to have an $18 billion valuation. it needs to be new ideas coming from power generation. governmently, spending and policy stifles new business starts, particularly among young people. the average age of an entrepreneur is 26. the average age of a successful entrepreneur is 24. when business is down, young people suffer the most. the brookings institute study demonstrated business starts being down is a result of a stagnant economy created by too much government and not enough dynamism in the economy. to combat that stagnation, we need to free the next generation. that means fewer government solutions, less regulation, more freedom for the next generation. host: got to get calls. alabama, clinton, go ahead. caller: it is exciting to hear these two debating like this. with minimum wage, i have a question. what would be the highest minimum wage you would have and why? the second question is on supply and demand. and oneave one pen million people want it, the price would be whatever the person is asking. andou have one million pens only one person wanting it, it is rubbish. what would you do about decreasing the price of oil? north dakota has a 0% unemployment rate. would you look at all the states about what is causing people to leave the states as a way of getting employment? guest: i think the first question was on the minimum wage. that is the one i remember most clearly. that raising -- i forget the exact question. i think the point she was making was what about the wage. the highest minimum wage i would support. i think there is a lot of data and $15act that a $10 than wages not going to have a detrimental effect on job loss. somewhere in that range i think is good. if minimum wage kept track with productivity over the last 30 years, it would be about $21. i think you have to incrementally raise the wage. i definitely know with all the profits corporations have and the cash they are sitting on -- guest: why incrementally? you obviously agree there is potential for detriment to the economy, job creation, employment for young americans if we raise the wage to $75. if there is a large effect if you raise it to $75 as the minimum wage, why do you feel it is responsible to continue to raise it and have any impact on youth unemployment? guest: because a couple extra dollars is necessary for the well-being and survival of millions of americans. officegressional budget study showed 15 million americans would be lifted out of poverty by raising the minimum wage. bers ofre a few mem congress who took the minimum wage challenge. $40 to someone on minimum wage is the difference between being able to afford gasoline and annexed her mail. -- and an extra meal. guest: we agree those dollars are different between new york city and mississippi where the cost of living is lower. guest: i still think by raising the federal minimum wage you create incentive for states to go higher. many states do have a higher one. we have to fight against poverty. we have child labor laws for these reasons. we have basic worker protections. you cannot exploit people and give them nothing. guest: the caller seemed to have a basic grasp of economics and we need to be advocating for policies that will improve the lives of young americans. we cannot ignore that there are certain economic principles and realities. the price of labor is dictated by supply and demand. if we artificially increase the price of labor, there will be less demand for labor. that means fewer jobs offered to young americans. with a use unemployment crisis today, raising the minimum wage will negatively impact young americans. it is a policy that would be destructive to our demographic. is a few extra dollars in someone's pocket going to go into savings or directly into the economy? guest: i don't think the pile of dollars given to young americans will grow. guest: i am friends with entrepreneurs. no business is going to stop hiring because they have to pay their workers next couple bucks an hour. it will decrease turnover. why did the majority of small business owners support raising the wage? they supported because they know they will reduce turnover and give their workers a better quality of life which will make them more productive and sustainable in the workplace which is good for everyone. guest: this discussion is a distraction from the fact there is a youth unemployment and economic crisis facing our generation. this debate is a distraction from the fundamental crisis. i fear we will lose millenials overall if we focus on these issues rather than the broader once. host: we have to finish. we appreciate our guests. you heard from evan steinberg, the president of generation opportunity, and matthew >> and discussion of race in america following the shooting of unarmed teen mike brown and protests and unrest in ferguson, missouri. our panel includes eleanor clift, armstrong williams, and paul butler. and as always we'll take your calls and you can join the conversation on facebook and twitter. washington journal at 7:00 a.m. eastern. >> during his weekly address, president obama discusses jobs and economy in the importance of the u.s. export-import bank. has theriebus republican response. he talked about government spending republican agenda. >> hi, everybody. nearly six years after the worst financial crisis of our lifetimes, our businesses have added nearly 10 million new jobs over the past 53 months. that's the longest streak of private-sector job creation in our history. and we're in a six-month streak with our economy creating at least 200,000 new jobs each month -- the first time that's happened since 1997. thanks to the decisions we made to rescue and rebuild our economy, and your hard work and resilience, america is leading again. areas like manufacturing, energy, technology, and autos are all booming. and here's the thing. we're selling more goods made in america to the rest of the world than ever before. american exports are at an all-time high. over the past five years, we've worked hard to open new markets for our businesses, and to help them compete on a level playing field in those markets. and we've broken records for exports four years running. last year, our exports supported more than 11 million american jobs about 1.6 million more than when i took office. they're good jobs that typically pay about 15% more than the national average. and more small businesses are selling their goods abroad than ever before -- nearly 300,000 last year alone. we should be doing everything we can to accelerate this progress, not stall it. one place to start is by supporting something called the u.s. export-import bank. its sole mission is to create american jobs. that's it. it helps many american entrepreneurs take that next step and take their small business global. but next month, its charter will expire -- unless members of congress do their job and reauthorize it. now, past congresses have done this 16 times, always with support from both parties. republican and democratic presidents have supported the bank, too. this time around shouldn't be any different. because the bank works. it's independent. it pays for itself. but if congress fails to act, thousands of businesses, large and small, that sell their products abroad will take a completely unnecessary hit. small business owners have had to overcome a lot these past several years. we all saw local businesses close their doors during the crisis. and in the past few years, we've seen more and more open their doors and do their part to help lead america's comeback. at the very least, they deserve a congress that doesn't stand in the way of their success. your members of congress are home this month. if you're a small business owner or employee of a large business that depends on financing to tackle new markets and create new jobs, tell them to quit treating your business like it's expendable, and start treating expendable, and start treating it for what it is -- vital to america's success. tell them to do their jobs -- keep america's exports growing, and keep america's recovery going. thanks, and have a great weekend. >> hi, i'm reince priebus, chairman of the republican national committee. here in my office at the rnc, i keep a couple pictures on my desk. photos of my two kids, jack and grace. it's to remind me why i come to work in the morning. to help elect leaders who will secure a better future for all our kids. if you have kids, you know what i mean when i say i want them to have every opportunity i had growing up in america and more. we all want our kids to have it better than we did. and that's why so many people i talk to are frustrated about what we've seen happening under president obama's leadership. for over five years, he's failed to get government spending down to a reasonable level. and i just don't think it's fair for the next generation to have to pay the bills of this generation. this month, president obama's been on vacation. he attended his 401st fundraiser. he's now played over 190 rounds of golf as president. now, we all deserve some time off. but you have to wonder -- where are his priorities? we all watch the news. we see what's happening overseas in place likes iraq and syria and ukraine. and we see the tensions at home in missouri. and we lost a young american journalist at the hands of fanatical terrorists. and yet, president obama is on vacation. he did fly back to washington briefly this past week. but i think many observers got it right when they called it a photo op. he spent about a million in taxpayer dollars to fly back from martha's vineyard on air force one to take a few pictures. then it was back to vacationing and the golf course. our country deserves better. and republicans offer a better way. in the last 18 months the house of representatives, which is run by republicans, has passed hundreds of bills to improve the lives of americans. the sad part is, over 350 of those bills, including 43 jobs bills, are stuck in the democrat-controlled u.s. senate. harry reid and his fellow democrats are standing in the way of progress. and president obama has other priorities. thankfully, we have a chance to change things up in november. by winning just six more seats, we can elect a republican majority to the u.s. senate. and i can promise you when republicans lead both houses of congress our priorities will be clear. spending less. making energy more affordable. improving education for kids. reforming healthcare to give you flexibility and lower costs. meeting the daily concerns of middle class americans. but, our top priority will be the same reason so many of us go to work each day. our kids' future. priority number one. thank you for listening. god bless you. and god bless america. some of the speakers from new york idea festival. el will hear from andrew hess and the ceos of hbo and morgan stanley. >> on september 18, scotland will vote on independent referendum and this monday bbc hosts a second debate between party leader alan and a better together leader. and hazmat advocating for an independent scotland while british prime minister david cameron believes scotland should stay in the u.k. the latest polls show 51% of voters support staying in the u.k. and 38% in favor of independence. live coverage of the debate up against monday at 3:30 p.m. eastern on c-span. >> next week, special primetime programming on c-span networks. c-span, a debate over scottish independence. light ony, issues by irs targeting of conservative groups. with a night, the principle of preparatory magnet school on educating children. thursday, a house budget committee hearing on private anti-poverty programs. friday night, native american history. on c-span 2, book tv and prime time monday at 8:30 p.m. eastern. writer on how the poor can save capitalism. with author ofw a biography about neil armstrong. thursday night, a tour of the headquarters of book publishers. with formerin-depth congressman rand paul on american history tv on c-span 3. on monday, the reconstruction era. the end of world war ii in the atomic bomb. wednesday night, the anniversary of the fall of the berlin wall. >> ;elet us know about the projects you are watching. joing th the conversation. like us on facebook. follow on twitter. wasnew yourk ideas festival held this may. the techniques and