Monday, December 9, 2013

Should we raise min wage?

No I do not think that we should raise minimum wage. I don't think we should raise it because then things on there menu will go up and all the prices will get higher. Jack Anderson an entrepreneur says that if they "higher minimum wage then they can go bankrupt, everybody could lose there jobs and their life savings". Kevin A. Hasset and Michael R. Strain says that a "higher minimum wage is more expensive for firms to hire workers." They also said raising minimum wage increases the number of unemployed workers who could find jobs." Kevin and Michael "people who keep their jobs get more money; these who lose their jobs, of fail to get new ones, suffer." So I think it's better that they don't raise minimum wage and they keep it the same.

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