Mrs. Peters is trying to get mike to understand that minimum wage is not as good as it sounds. It is really what someone think that you are worth. If they raised the minimum wage then many people will lose their jobs because the boss feel that a certain person may not need to be paid a certain amount of money. Then, she start explaining free enterprise and supply and demand.
Mike was saying that the congress was thinking about raising the minimum wage. He said that this means that he would be making more money at his job. He says that it is nothing wrong with raising the minimum wage and that. If there was not