Sperling: Obama’s Economic Recovery Is Better Than Bush’s ... So, Raise Minimum Wage

SPERLING: "You know, people talk about the job growth here, if you look at this recovery compared to the last recovery, we're well over 2 million jobs ahead of where we were in the recovery that took place under President Bush and that's happening following a very devastating financial crisis. So I think, you know, one of the reasons -- and this goes to what David said -- where I think there is so much support here is that it's not going to have an impact on jobs and it has. And I think it's supported because so many families do see people benefiting, they do see the families struggling to raise their children out above poverty, but they also know what it's like to see a friend and a neighbor where one spouse goes back to work who would prefer maybe not to work, maybe they're working part time just to supplement the family's income and they think if that family member is making that sacrifice, spending less time with the child, then they should be making a decent living or be able to work less because they're getting a decent wage. Look, $10.10 in 2016 is a moderate increase. I think most Americans think people who work full time like that, they aren't relying on the government. In fact, a higher minimum wage means people will rely less on the government, it's more on their own work effort. These are people who just want to work hard and support their family. That's why Americans support increasing the minimum wage, that's why the president is pushing it."