Neither the Minneapolis City Council nor the State of Minnesota should be setting the wages of Uber or Lyft drivers.
Source: How Bad Economics Chased Uber and Lyft Out of the Twin Cities - FEE
The minimum wage is always 0 and this is just another demonstration of that.
The Minneapolis City Council has decided that the rates that ride share services Uber and Lyft are paying drivers are not sufficient and have therefore dictated higher rates. As a result, both Uber and Lyft have ceased operations in Minneapolis because this decision has made their services no longer economically viable. So now, instead of 10,000 drivers voluntarily choosing to drive for the compensation that Uber and Lyft were offering, that opportunity has been stripped from them.
So here's riddle... How does a wage law, ostensibly implemented to help people, actually help people if it increases the wages of nobody and kills 10,000 jobs? I think the clear answer is that it doesn't. How many think that the Minneapolis City Council reverses this decision?