You know, what the headline says. Really.
No doubt there are local business owners who genuinely fear for their own profit margins, but nationally, this is an ideological conflict. And if the economies of cities like Seattle and San Francisco continue to thrive despite imposing the highest minimum wage in the nation, it would strike a substantial blow against free market dogma.
No, just because a $15 minimum wage works here in Seattle doesn’t mean it’s appropriate for Yakima. But this is about more than just the minimum wage. This about undermining the deregulatory, low-tax, supply-side orthodoxy that has guided US economic policy since the Reagan administration, and that has played a major role in creating the crisis of income inequality we face today.
It’s also about being proven right or wrong. And everybody hates to be proven wrong.