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Sep 20, 2019
09/19
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mr. cassidy: i will consider that, senator. that is something that i certainly will look at if i am confirmed. sen. smith: thank you. mr. chairman: your helped by the expiration of his time. sen. smith: i would like to say i'll be unable to stay for the second round. i yield to the chair. mr. chairman: thank you. thank you, senator cassidy. senator murphy. sen. smith: thank you very much. thank you for being here with us today. as i mentioned to you in our private meeting, i have probably voted for more of this administration's nominees than many of my colleagues. i've come to the conclusion as long as nominees are qualified and in the conservative mainstream, i think they are worthy of the senate's support. i also mentioned to you the question i'm trying to answer, whether you are indeed qualified for this position, and that might seem silly given your decades of experience in the area of employment law. but your entire body of work, at least in the private sector, as senator murray mentioned, as cash has been -- has been devot
mr. cassidy: i will consider that, senator. that is something that i certainly will look at if i am confirmed. sen. smith: thank you. mr. chairman: your helped by the expiration of his time. sen. smith: i would like to say i'll be unable to stay for the second round. i yield to the chair. mr. chairman: thank you. thank you, senator cassidy. senator murphy. sen. smith: thank you very much. thank you for being here with us today. as i mentioned to you in our private meeting, i have probably voted...
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Sep 20, 2019
09/19
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mr. chairman: thank you, senator smith. senator cassidy. sen. cassidy: hey, mr. scalia, nice to see you. i don't read many economists, but there is one from france who has a nice quote about unintended consequences. he said the difference between a bad economist and a good economist is the bad economist really looks at the primary effect if you will whereas the good economist looks at secondary. earlier it came up minimum wage of $15 an hour -- i say this as a prelude to my question. i'm struck because there's the foundation for economic education polled a bunch of economists, 35% of whom were democrat, some republican -- the rest independent. republicans are underrepresented among economists, but 74% of them thought that raising the minimum wage to $15 an was a bad hour idea. the article quotes paul krugman. any econ 101 student tells you a higher wage reduces quantity of labor demanded, leaving unemployment. two they give their reasons why so many opposed. 69% vehemently opposed. minimum wages reduce employment, reduce the earnings of low paid workers, makes so
mr. chairman: thank you, senator smith. senator cassidy. sen. cassidy: hey, mr. scalia, nice to see you. i don't read many economists, but there is one from france who has a nice quote about unintended consequences. he said the difference between a bad economist and a good economist is the bad economist really looks at the primary effect if you will whereas the good economist looks at secondary. earlier it came up minimum wage of $15 an hour -- i say this as a prelude to my question. i'm struck...
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Sep 19, 2019
09/19
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senator cassidy. >> hey, mr. scalia, nice to see you. i don't read many economists, but there is one from france who has a nice quote about unintended consequences. a bad economist meerl looks at the primary effect if you will whereas the good economist looks at secondary. minimum wage of $15 an hour, i'm struck because there's the foundation for economic education polled a bunch of economists, seems like they're underrepresented. 74% of them thought that raising the minimum wage was a bad idea. the article quotes paul krugman. any ekon 101 student tells you a higher wage leads to unemployment. they give their reasons why they oppose. 69% opposed. minimum wages educe employment, the earnings of low paid workers, make some better off at the expense of others, youngerer workers who are less skilled are less likely to be employed, lowering future earnings. i could go on. that said,s that a prelude to this question. have you seen other policies which there is an unintended consequence? on the face of it it sounded greatly. but then you look
senator cassidy. >> hey, mr. scalia, nice to see you. i don't read many economists, but there is one from france who has a nice quote about unintended consequences. a bad economist meerl looks at the primary effect if you will whereas the good economist looks at secondary. minimum wage of $15 an hour, i'm struck because there's the foundation for economic education polled a bunch of economists, seems like they're underrepresented. 74% of them thought that raising the minimum wage was a...
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Sep 15, 2019
09/19
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cassidy: you spoke nicely of interaction. but we do know that typically people have their children when they are at a lower point of their earning potential. mr. stone: because income tends to rise over their age cycle. sen. cassidy: if you are able to maintain your attachment to the workforce with your training, et cetera, and so, i think if you well, the interaction we anticipate is yes, you are pulling forward, if you wish, but but -- but because he remained the attachment, your salary rises. there is a backfill that occurs from that. also acknowledging the first year of life is the more expensive year of life. i will take one more. we also want to point out that if we think cvo will not score ours as being expensive because the money is already out there, so what they would do in sweden could be expensive for us. the occasional child who dies before age 10 at which point the money is forgiven. but it will not be something more than that. thank you all for your time. i yield back to the chair. >> i'm going to cast the final vote. i will be right back. >> thank you, mr. chairman. my apologies on behalf of the house members who have been ove
cassidy: you spoke nicely of interaction. but we do know that typically people have their children when they are at a lower point of their earning potential. mr. stone: because income tends to rise over their age cycle. sen. cassidy: if you are able to maintain your attachment to the workforce with your training, et cetera, and so, i think if you well, the interaction we anticipate is yes, you are pulling forward, if you wish, but but -- but because he remained the attachment, your salary...
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Sep 23, 2019
09/19
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senator bill cassidy, louisiana republican, is with us now. mr. senator, you are a fracking state. it wasn't for fracking, we would have $4 or $5 gas now? >> are yyou are absolutely righ. not just the united states but elsewhere as well. i like to say in 1973, opec put the world's economy in the tank and now this year, fracking has filled the world's tank. we are able to, if you will, push back on the iranian threat by being the swing producer for the world. stuart: saudi arabia's oil business was intact. they had lost half their supply and the price of oil and gas barely blipped because our frackers, your guys in louisiana, were filling up the barrels of oil. >> we have so much more we could actually develop. there's been some kind of okay, we can't develop yet because the price has not risen adequately. if the price happens to stay up a little bit longer, i can tell you those resources will be developed, we will continue to fill up the world's gas tank. stuart: why don't we, america, why don't we get any credit for lowering carbon emissions more than any other industrial country?
senator bill cassidy, louisiana republican, is with us now. mr. senator, you are a fracking state. it wasn't for fracking, we would have $4 or $5 gas now? >> are yyou are absolutely righ. not just the united states but elsewhere as well. i like to say in 1973, opec put the world's economy in the tank and now this year, fracking has filled the world's tank. we are able to, if you will, push back on the iranian threat by being the swing producer for the world. stuart: saudi arabia's oil...
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Sep 10, 2019
09/19
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mr. cassidy: madam president? the presiding officer: the senator from louisiana. mr. cassidy: wither in quorum call. i ask that the quorum call be vitiated. the presiding officer: without objection. mr. cassidy: and i ask unanimous consent that my new press assistant, cole avery, be allowed to come on the floor. the presiding officer: without objection. mr. cassidy: madam president, i rise today to recognize the east bank little league team from river ridge, louisiana, for winning the 2019 little league world series. now, everybody is glad when kid dozen well, but you're particularly glad when they're your kids, and these are louisiana kids. it is the first time in history a louisiana team has won the little league tournament, and we are still celebrating. eagan, reese, jeffrey, gavin, conner, ryder, alton, stan, and the coaches -- you have made us proud of the and the real story may not be the championship itself but how they won t after losing their first game to hawaii, the defending world champions, the louisiana team went on to outscore opponents 44-8. they averag
mr. cassidy: madam president? the presiding officer: the senator from louisiana. mr. cassidy: wither in quorum call. i ask that the quorum call be vitiated. the presiding officer: without objection. mr. cassidy: and i ask unanimous consent that my new press assistant, cole avery, be allowed to come on the floor. the presiding officer: without objection. mr. cassidy: madam president, i rise today to recognize the east bank little league team from river ridge, louisiana, for winning the 2019...
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Sep 23, 2019
09/19
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mr. cassidy: mr. president, i rise today with a heavy heart to honor the life of mandeville police officer captain vin sent sent -- vincent loberto who was killed last week. he will be remembered for his life of service to community and country. after graduating from high school in new orleans, he joined the united states marine corps where he served ten years ultimately as sergeant. captain loberto had a combined 30 years of law enforcement service, five with a sheriff's department, 35 years with the mandeville police department where he was recognized as officer of the year. the captain had a brilliant mind for law enforcement. he graduated from the f.b.i. national academy, ran the city's criminal investigation division where he worked as a polygraphist and was responsible for the department's enforcement functions. those that knew him best describe him as a gentle giant, polite and upbeat, reasonable and fair-minded, all qualities that made him a great police officer. in his yard flies the marine c
mr. cassidy: mr. president, i rise today with a heavy heart to honor the life of mandeville police officer captain vin sent sent -- vincent loberto who was killed last week. he will be remembered for his life of service to community and country. after graduating from high school in new orleans, he joined the united states marine corps where he served ten years ultimately as sergeant. captain loberto had a combined 30 years of law enforcement service, five with a sheriff's department, 35 years...