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It's putting downward pressure on the economy. we have to remember, the franchise industry works on thin profit margins. >> let's get to the franchise issue. why do you think they are being treated unfairly in this? >> in seattle, the city council passed unanimously, 9-0 and the mayor subsequently signed that bill that would bring the minimum wage from the current $9.25 an hour, excuse me, $9.32 an hour in seattle up to $15 over seven years if you are a small business with under 500 employees. if you have over 500 employees, it takes you three years to get there. however, they lumped franchise...

Seattle. we have heard plenty from the workers but a group of franchise business owner suing the city over the $15 minimum wage. $15. represents the international franchise association. your argument is what? you know, you plight regret what you wish? >> well, last week the city council approved an ordinance, the mayor subsequently signed it the day after that would raise the minimum wage over seven years for a large businesses, it would give small businesses seven years to phase in, except it discriminates against the franchise industry. so we have to get to $15 in the first three years. so i...

Seattle is going to $15. the state of washington is $9.32. michigan will be phased up to $9.25 over five years and some states are down at $7.25. what do we know from an economist standpoint about the effect it has when you can be at $15 or $7.25? >> it points towards the need to raise the minimum wage more broadly. $7.25 an hour has not kept up with the cost of living. states will see 27 states that will have the minimum wages above the federal level. cities like seattle are going higher. the high cost areas where even 9.32 is the highest in the country, but not enough to make ends meet. give...

. we heard a lot about the progressive wave sweeping america. senator elizabeth born in massachusetts and deblasio in new york city. have you heard of ed murray? he's the mayor of seattle and led the city to approve the highest minimum wage of anyplace in the country. they approved a $15 wage floor to take effect over the course of the next seven years, more than twice the current national minimum wage of $7.25 an hour. they are in washington state with a $9.32 minimum wage that is the highest in effect in the country right now. it is indexed to infligz that rises by odd amounts each year. a...

Than washington state's $9.32 minimum wage, even higher than the $10.10 that the president is pushing. with that plan stalled in congress, local governments have been taking the fight for a higher wage into their own hands. so far, berman, 26 states have or are planning minimum wages above $7.25. so, it's stalled in congress, but the states keep pushing, pushing, pushing, and seattle the highest at $15. breaking news overnight, a nationwide manhunt ends with the dramatic takedown of a man wanted for dangerous explosives police say were found in his home. and dan marino suing the nfl. why o...