On this Labor Day, a holiday that honors working men and women in America, Mayor Eric Garcetti is helping celebrate by announcing a proposal that would give a lot of folks in LA a raise. Garcetti announced a plan today that would raise the city’s minimum wage to $13.25 an hour by the year 2017. The mayor’s been quietly getting feedback in the business community on his plan, but that hasn’t stopped some folks from coming out against it. For more on the economic and political risks and benefits, we’re joined by Kevin Roderick, for this week’s LA Observed.