A major problem facing us today is the minimum wage. It has become controversial recently because people no longer feel that the current wage is enough to live off of. Numerous government bills have been purposed to raise the minimum to around $10.00, However, there is hesitation because of many employment problems that are projected to occur because of it. The low wage workers demanding an increase are being short sited, and they are not considering the consequences in the long term. What if the consequences outweigh the gain? With an increase in minimum wage, many people will lose their jobs because their companies can no longer afford to keep them. People higher up will also experience pay cuts, and you even risk the company outsourcing to another country with cheaper labor or moving entirely out, causing hundreds of thousands of people to lose their jobs.
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AuthorDaniel Bennett is a student in Mrs. West's AP Human Geography class, who finds domestic problems quite interesting, and would like others to be aware. Archives |