What Are The Pros And Cons Of Raising The Minimum Wage

The Minimum Wage Higher or Lower

I have something to say to everyone who can afford to have a nice property or who can not pay 1 month of rent. I go for a not so high minimum wage but also not so low. Here is why, first having it low will lower the cost of mostly everything, and when there is little of something the value of it goes up. In the contrary, if everyone has 1 million dollars then the value of a house will go to half of a billion. Either way, it will be a very big change tomorrow for our children.

I go for the minimum wage to stay the same as the national but has this is a fair deal I should give you points so, you can at least know why I chose this decision.

First,”Increasing the minimum wage would force businesses to lay off employees and raise unemployment levels."-Pro and Cons of Minimum Wages. This means that if you would like to be better paid than you also the to be good at it because if you're not then someone else could and would take your place. I don't want this to happen, having more competition in a job that has me flipping buns at a fast food restaurant.

Also, "Raising the minimum wage would increase poverty." Pro and Cons of Minimum Wage. As the previous reason having more competition would mean that more people would not have enough money to pay their rent, as to increase the

Yes, it might reduce the poverty because everyone would have more money to save up and not be living month to month check. This is that he or she win now, $7.25 an hour. $13,080 a year that is more than 20% of the poverty which is $12,331. If it is risen up to $15 an hour then it would be $28,000 a year. That is more than enough to have a well living life. There has been studied that with a higher wage, not as many dropouts in high school. With fewer dropouts then there will be more educated people living around us. This means that this country will go for the