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Home » Podcasts » The Real Side – February 28, 2013

The Real Side – February 28, 2013

Guest: Harry Veryser, Instructor of Economics

Topic: Economist Slams Obama’s Call For A Minimum Wage Hike

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The Real Side February 28, 2013

Be sure to listen to all of The Real Side’s Podcasts here!

The Real Side with Joe Messina airs on AM-1220 KHTS Monday through Friday from 2pm-3pm. Not the right side, not the wrong side, it’s The Real Side with Joe Messina.

Joe Messina’s guest today was Professor Harry Veryser who is an instructor of economics at the University of Detroit Mercy.

Professor Veryser received his undergraduate degree in Philosophy and Economics and two Master of Arts degrees in Economics and Religious Studies from the University of Detroit.

Joe had Professor Veryser to talk about President Obama’s recent call to raise minimum wage. Joe disagrees with this recent call.

“President Obama said that raising the minimum wage to $9 would help,” Messina said. “If he (President Obama) thinks that $9 is going to save us, he’s out of his mind.”

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Joe talked about the places that offer minimum wage have a margin that they have to hit in order to stay open. 

“Places like Burger King, McDonalds have a margin that they have to hit and it’s not a greedy margin it’s what they need to make in order to keep the doors open and places that pay minimum wage will have to start laying people off.”

Professor Veryser is worried about the direction that the country is going.

“Not only are we hiring older people now because teenagers can’t get jobs but those youngsters won’t be able to get the skills necessary to move on to the next step,” Veryser stated. “What this means is the economy will become less productive, it means these folks are going to be unemployed, and we are building an underclass that cannot get skills and rise up the ladder.”

Make sure to tune into the Real Side every day from 2 pm to 3pm on KHTS AM1220.

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The Real Side – February 28, 2013

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About Kyle Jellings

Kyle Jellings grew up in the Santa Clarita Valley and graduated from Canyon High School in 2004. Following his high school career he spent three years at College of the Canyons where he graduated with his Associate's Degree. Kyle then traveled to Utah where he obtained his Bachelor's Degree in Communication: Journalism emphasis from Utah Valley University. While in Utah, Kyle had the opportunity to do many different internships which included a Production Assistant at ESPN 700 and a Media Relations Assistant with the 2009 MLS Cup Champions Real Salt Lake. Kyle was married to his wife Paola in 2008 and they had their first child, Calvin, in August of 2010. When Kyle is not at KHTS he enjoys spending time with his family and being involved in sports in any way.
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