So it would be nice to have just a minimum wage for the whole country, but it wouldn't work because you have places where it's very inexpensive to live, where A minimum wage, which is eight or nine dollars, might have very much, very little effect because the cost of living in certain places is really low. Before we move on to immigration, which I do want to talk about, the chairman of the Federal Reserve, Jerome Powell, said he will not leave his even if you ask him to. (14:01–14:22)
CLAIM
Asserts that a national minimum wage might have little effect in low-cost living areas.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
