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>> last question, are all the people on the employment rolls within the city of d.c. being paid by the city of d.c.? are they paid 12.50 minimum? >> i'm not sure -- >> i can answer the question for you, no. the answer is no. >> if not well address that. >> why is the city not paying a living wage wart your requiring wal-mart to -- >> retailers would love to be in the nation's capitol. our door is open to. the they pay a living wage minus benefits and we can all prosper together. >> maybe you should clean your own house first before you start worrying about cleaning wal-mart's house. there are ...

To increase the minimum wage to what they call a living wage. which of course will only increase the cost of employment and very likely make it harder for low-skilled workers to get a job or in many cases some might be fired because the companies will realize they are not worth to the cost of employment. >> is this like what we saw in washington, dc where they were insisting on big buck nonunion companies pay i think it was 12.50 an hour and wal-mart took a hike. is big labor now surrounding itself with those very people and saying, living wage all over? >> that's a perfect example. there's a ...

City forced the retailer to up the minimum wage to 12.50. walmart just helped workers with this move. what do you mean? >> the other businesses are going to see it as a disincentive. if we pass this law we'll lose jobs. and why? to have a business model that doesn't work. walmart is an example and this is a sack fieshl state where they are seeing. three stores going to be closed and reviewing financial implications to the others. >> word to the wise. two wise guys on the remote. johnathon what do you think of the move? >> kimberly hit it on the head. minimum wage laws kill low skill jobs and v...

And wages are not arbitrarily they are based on productive value. government can force a minimum wage but can't guarantee that the jobs will be. walmart dc, is the best example. company forced to pay 12 bucks when it is only worth eight the company will not produce. >> right, and wayne, three stores are already production started on throw stores and they may pull that and three stores planning on doing. deep-sixing that one. and surprise? >> no, you know, eric, the total of 1800 jobs at stake. that is not chopped liver. when you think about that, it is an arbitrary thing, the minimum wage. why...

Nation's capital. >> it's a stickup without a gun. >> reporter: walmart versus the city of d.c.. >> and how dare the city dictate to a business what their business model ought to be? >> reporter: a giant private business versus city officials who say they want to ensure higher wages for workers. at stake? thousands of jobs, and a possible national precedent. >> let them go to hell back in arkansas! >> reporter: the battle, walmart is killing plans to build three stores in washington, d.c., after lawmakers passed the living wage bill despite an ultimatum from the world's largest retailer it for...