Economists William Spriggs and Austan Goolsbee join Ali Velshi to discuss the latest jobs numbers that show President Biden’s economic plan is working – and not just for the wealthy. Goolsbee says the economy grows the fastest when the government helps ordinary, working people, and Spriggs says paying higher wages results in “more output, bigger sales [and] better profits” for business owners.
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#MSNBC #Biden #Economy
If people are making enough to pay bills and buy food, etc. The economy WILL grow it has too.. It is a WIN- WIN situation…It is hard to believe it took this long and a pandemic for these people to figure this out.. SMFH..
No, corporation revenues increase.
Ali, SeaTac, Washington has had a $15.00 an hour minimum wage for several years with little or no effects, the unemployment figures have not grown, but the quality of workers now getting a low income paycheck has improved, and our folks can actually pay rent, eat, care for their families with very tight budget. Before the raise it was impossible. Don’t buy into the Wallmart thinking of their workers needing foodstamps and section 8 housing assistance. I made $8.00 an hour cleaning windows in 1973. Actual cost of living adjustments simply have not kept up with inflation, except for CEOs, shamefully treatment for our Truley essential workers.
15$ for Seattle is ridiculous, considering cost of living. If prices have quadrupled but your wage increases by couple of bucks it’s not going to make a huge difference. The way you measure quality of life is by how many people can afford a roof over their heads, such as one bedroom apartment. Majority of low income people couch surfing or sleeping in the van.
A rising tide lifts all ships
@Filly Fish Dems are INCREDIBLE LIARS!
Even their claim that “Republicans are for the rich” is BS because Wallstreet donates far more money to Democrats
@Rick Pontificates yeah they always have been the masters of deception they make it look like they are the good guys but behind the curtains they are the devil.
Exactly they don’t care about helping people they just want their votes. That’s why they do stuff like kneel while wearing a African scarf like a bunch of a holes.
I’m in the sailboat stuck under the bridge. 😞
@Filly Fish not if you make less than 400K they wont. Go check out his website and see his plan. The 1% and big business will be paying the chunk of it.
Wow, how low will msnbc go?
Just trying to meet the moment.
🎯💯👏🏽👏🏽👏🏽💖💖💖
Lockdowns coming
Why wouldn’t it. It is a National emergency. Its not a Trump shutdown.
@Larry Ames
Biden is the emergency
He has to go
Trump supporter lol 😂
Lockdowns a coming,I can feel it in
Me bones.
Trumper perverts driving around in their rusty pickups 🇺🇲✝️🇺🇲🙏🇺🇲 USA USA USA 🇺🇲😭
@Peter Well
What ??
Biden DOES tell the truth sometimes…
“We choose truth over facts.” -Biden
“We have put together the most inclusive voter fraud organization ever.” -Biden
None of those things happened when Reaganomics supporters said they would.
Regan supported an idiotic idea of “trickle down” economics. He fleeced us! The American public has been conned by the Republican party over and over.
Inflation everywhere, higher gas prices, Bidens a disaster….
Biden doesn’t set gas prices.
You big dummy 😊
@Peter Well Americans should blame Biden, but not for the reason you might think. Biden’s attack on U.S. energy producers, starting with his freeze on federal oil and gas leases, will assuredly take a toll on output down the road and cause prices at the pump to rise.
My raise pays enough for the higher prices. Glad I can afford $4 gallon of milk in Cleveland (not the watered down milk from Walmart).
It’s called lo-fat milk. You can still get whole milk from Walmart.
@John Carpenter – milk from walmart is not the same as the local dairy milk like Smith’s milk. Walmart milk is gross.
@Nadine it’s Trump’s milk,his man boobs 😆🇺🇲 USA USA!
@Peter Well – Biden needs to rollout a vaccine for TDS.
Unfortunately most employers have the mindset “for every one of you, there are 10 more ready to take your place. Now shut up and get back to work.” Highet wages? How about more respect? Maybe that’s part of the reason why workers are quitting in droves. We’re tired of being stepped on (putting it nicely).
Replace? Places can’t hire anybody , staff shortages everywhere
@Handsome Barber you missed the point
Trump supporter 😂
dear lord ! not much good news just a repeat of what we already heard|
now democratic party with some rino with big tech is big rich because they have Budget 1200 billion USD and now they put on pocket .
Vlad, is that you?
MSNBC:
If we say it to ourselves enough times we’ll start to believe it
Biden is getting things done
Who really think MSMBC tells the truth on anything?
W Bush, tax cuts for the rich scraps for the middle class. First term Obama, healthcare for Americans in need. First term Trump,tax breaks for the rich. No infrastructure. First term Biden tax breaks for the middle class and now infrastructure. See the pattern!
This is how you sugarcoat a turd.
Inflation = corporate greed.