Elizabeth Warren actually said...

When minimum wages go up, workers have more money. And when workers have more money, they buy things from the very companies that raised tho...

the major argument for not raising the minimum wage, that is, it will cost jobs, at least the academic studies seem to show is not right.

I am a big supporter of unions. I am. But raising the minimum wage is a far more economically efficient way to generate growth.

I want to say thank you, Mr. Chairman. I am going to go fight about student loans for a little while now.