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Were going to get now. Thats hip. The hipsters will like that dude. Yeah. Only one person even knows what the word hipster means and. Thats me. Im the youngest one there by 35 years. Were out of time. Thank you so much for joining me today. Thanks, matt. Thank you all. Okay. I just got yelled at backstage because ive been forgetting this whole time to mention we have a whole give away thing that were doing that i just kn learned about. So if you like gopro Everybody Knows what a gopro iss. Right . I got one hand. Guys are active and engaged. You all know what a gopro is. , it i weve got the new black one, like with a head mount its our wi like literally everything you a couldny with a gopro weve got back stage. Our winner will be selected in some way that i dont understand at all. But put a selfie of yourself on instagram at Techcrunch Disrupt and well choose on the thir ....
Isnt this something that is just absorbed over time as more employers employees make money, they spend more and then youll have to rehire. Isnt this a red herring argument . And my second question is, why dont we just increase minimum wage or do some index so were constantly increasing wages and we dont have to have this discussion. With the minimum wage l on the increase economists by and y large agree that there is a negative impact overall on the economy, particularly on like the 18 to 25 demographic where you see recordem levels of n unemployment. Thats because they do not get the entry level jobs. Employers are not hiring those low level jobs. I wo i would disagree that its a red herring. Theres a real impact on the businesses in this country. I with due respect, i completely disagree with her ngs of readings of the economic studies which have come to conclude theres no significant job loss associated with raising minimum wages. And while it is true that youth hat yout unemploymen ....
He takes some risk with fat as well. We have more forest fires now in california than anybody has ever seen and now messing of the traffic which is sacrilegious by yet it goes up one day then goes down the next. The people say it is a big issue, paying attention. But it will be interesting to see. He understands this issue and he wants to the of the bright side. In an interesting moment for my point of view. But with the popes visit i am learning about how much it cost to travel to a country so with that financial burden to talk so much the impact of this message so food takes charge of that . The cost is the United States will be different than the cost of cameron because washington d. C. In particular and new york are two cities that are very used to do handily enormous events so in terms of cost there is always a security cost and you can go to Capitol Police and the secret ....
You brought toys. Yes. So you so this onto your costume and you can have it have like to fix or bluetooth to wifi. Its easy. You dont have to go to mit and spend 100,000. You can learn al all the stuff a weekend spent how much to contribute to success to your company directly to getting out there and being the visible face to this company . I think its important to have the case because for every company, the culture comes from above. Even though we have 85 people or so, what i set up 10 years ago with this company is what continues, the value i put into it i think is what people see in adafruit and also what the employees see. I think its important for the ceo to set the culture and then continued to disseminate it. Great. Lets switch gears and talk about crowdfunding. Crowdfunding has exploded over the last few years, right . Everything from buying what you guys sell to selling headphones and watches. Things people are trying to crowd fun and start. Think back to when shinola started ....
Infrastructure funding. And in land waterways have the impact of the panama canal expansion on us ports. It is an hour and 45 minutes. [inaudible conversations] the meeting will come to order. And i happen to be one of those. And i recognize that this time, senator cardin. And introduce pleasure to have secretary ron here before the committee. Secretary ron, secretary of transportation in maryland. As i was telling as a chairman, this is the third state, secretary of transportation. Department of transportation and new mexico state highway and transportation, cant hold onto a job. Very proud of the work in maryland. And the organization in maryland with the secretary of transportation is responsible for coordinating modes of transportation. Mister ron has done an outstanding job in directing that department, very large budget. He also served as american state transportation officials, 20072008 and national leadership, proud to have him before the committee. Very good. Recognize senator ....