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Detailed text transcripts for TV channel - MSNBC - 20180529:13:53:00

We re going to give it to those who have skills. that s been going on in the labor market for a long time. second thing is everybody s sighing i saying i m not raising my workers conditions. labor market forces you to. as the labor market tightens and they ll be able to do that more successfully if their firms are more pr ductive. they re not productive then they ll have to raise prices and lose business. the conditions are such that productivity rise and wages along with it and that s how the standard of living gets increased. but then take me back to trickle down economics because i agree with you wholeheartedly high skills are going to get paid more. what happens to that unskilled worker? because it s that unskilled worker who cannot make ends meet and when we saw the massive corporate tax cut, the argument was it s going to trickle down to the middle or even the bottom. but what that tax cut does, inessence, is get so many programs cut to those people at ....

Labor Market , Labor Market Forces , Productivity Rise , Pr Ductive , Cannot Make Ends Meet , Tax Cut ,