Monday, October 29, 2012

Minimum wage

As a member of the working demographic affected by market equilibrium issues, I believe that minimum wage should stay the same.  If we raise it then it will cause a massive increase in unemployment because business owners will have to cut a lot of their employees.  It could create a better life for those that keep their jobs and are able to work through it, but it would also send all of the other people who lost their jobs even more into poverty.

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