“Should the federal minimum wage be increased?”There are good arguments for both the pros and cons side of this argument. I am arguing that yes the minimum wage should be increased although the cons arguments were quite good. The cons arguments mostly had to do with companies and people being unhappy with profit and costs. The pros arguments were mostly about lowering the gap between pay and the economy. https://www.dol.gov/whd/minwage/america.htm In my reading, I have found that there are good arguments for both sides of the question. For the cons side, most people are concerned about it causing job losses and raising prices for customers. Some corporations will no longer make a profit because they will be paying their workers more than they can afford. As salaries go up so will the prices of good and that will result in consumers paying more for their goods. This may lead to a further economic downfall in the future. https://www.theperspective.com/debates/businessandtechnology/raise-minimum-wage/
For the pros side of the argument there were some equally good arguments, I am choosing to argue on the pros side. I am doing this not because one argument is better than the other, but because of personal bias and my belief that this would help people and our economy. The money given to the employes will go right back into the economy because the working class is the main consumers. Raising wages will reduce income inequality because the people making minimum wage will earn more per year reducing the gap in pay. It will also benefit the children of poor families by making it easier to integrate into schools. They will have the same supplies and opportunities as other kids. https://www.theperspective.com/debates/businessandtechnology/raise-minimum-wage/
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