On today's episode, Ben Samuels and Ryan Ray discuss the pros and cons of raising the minimum wage.

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Show notes:



In 2019, the US House of Representatives passed a bill to gradually lift the federal minimum wage to $15 an hour by 2025, but the Republican-controlled Senate refused to take it up. The federal minimum wage has remained at $7.25 since 2009.



Florida is the eighth state to adopt an eventual $15-an-hour pay floor, joining California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York—plus Washington DC, according to the bipartisan National Conference of State Legislatures. The Amendment 2 proposition calls for gradually raising the state minimum wage to $15 an hour by 2026.



https://www.reuters.com/article/us-usa-biden-keystone-oil-idUSKBN29R1RB

https://www.businessinsider.com/what-a-15-minimum-wage-would-mean-businesses-workers-employment-2021-1

https://qz.com/1959766/why-joe-biden-plans-to-raise-the-federal-minimum-wage/

https://www.nytimes.com/2020/12/31/business/economy/minimum-wage-15-dollar-hour.html

https://www.ncsl.org/research/labor-and-employment/state-minimum-wage-chart.aspx

https://www.inc.com/magazine/201603/norm-brodsky/15-minimum-wage-consequences-for-businesses.html



The Keystone XL Pipeline is the fourth phase of the Keystone Pipeline System, an oil pipeline system in Canada and the United States solely owned by TC Energy, commissioned in 2010.

Keystone XL is a 1,210-mile (1,947-km) pipeline capable of safely delivering 830,000 barrels per day (Bbl/day) of crude oil from Hardisty, Alberta, to Steele City, Nebraska, where it will connect with TC Energy’s existing facilities to reach U.S. Gulf Coast refiners to meet critical needs for transportation fuel and useful manufactured products. The pipeline project will invest US$8.0 billion into the North American economy.

Pipelines are the safest method of transporting crude oil and natural gas over long distances, and we are constantly striving to make them safer. Every day, our teams across North America work tirelessly to proactively maintain our pipelines, adopting innovative solutions in energy transportation and incorporating past learnings to push us closer to our ‘zero is real’ goal.

Each day in the U.S., more than 2.5 million miles of pipeline transport energy safely to intermediate and end-use markets. That’s enough pipe to circle the Earth 100 times.

https://www.reuters.com/article/us-usa-biden-keystone-oil-idUSKBN29R1RB

https://www.bloomberg.com/news/videos/2021-01-24/what-s-next-keystone-xl-pipeline-video