The idea that high wages equals low employment, it's absurd.

Raising the overtime threshold - something that is about to happen. This is more complex so not as many people understand it, but it's equally consequential.

If it was true that lower taxes for the rich and more wealth to the wealthy leat to job creation, today we would be drowning in jobs.

The idea that high wages equals low employment, it's absurd.

The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to the gym or the yoga studio. They're not sending mom flowers on Mother's day. What good is this person in the economy? If you raise it to $15 an hour, they're doing all of those things. And all of a sudden, not just business thrives, but small business thrives.

Now one person doing the job of one and a half. So as an employer I can get two people to do the work of three, and think about what that does for profits.

I was at the forefront of the effort to pass $15 minimum wage in Seattle, and have been collaborating with the people who are trying to make that happen across the country.