The Negative Effects of Raising Minimum Wage in America
Raising the minimum wage isn’t always the best course of action for the American economy as a whole. The recent push to raise the minimum wage to $15 per hour has many negative effects that few people take into consideration. There are effects of raising the minimum wage. There are many negative effects of raising the minimum wage in the United States, in fact. Does the minimum wage need to increase? Maybe it does. Does it need to more than double, jumping to $15 per hour across the country? Probably not – I think that it’s a bad idea. There are negative effects of raising the minimum wage too much and too fast. According to a recent LendEDU poll, 52% of Millennials do … Read more