Detailed text transcripts for TV channel - FOXNEWS - 20130713:15:43:00
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...