The Effects Of Raising Minimum Wage

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Raising the Minimum Wage and The Effects Associated with a Higher Minimum Wage “Raising the minimum wage” has recently been the center of debate nation-wide and has continuously gained support and opposition since President Obama first mentioned it in 2013. As protest groups form in support of raising the minimum wage across the nation, opponents are formulating reasons why an increase hurts the economy, businesses, and the people intended to benefit from the increase. Studies from both sides show compelling differences The first issue that comes up is the effect of a higher minimum wage on small businesses located in rural areas, or small businesses in their infancy. Some studies suggest that a federally mandated increase in the minimum

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