In the article. “ YOU DECIDE: Raising the Minimum Wage” ( youth voices) written by an admin, it discusses the pros and cons to raising the minimum wage. After looking at this, I think that the costs outweigh the benefits and we should not raise it. Raising the minimum wage can help bring “900,000 out of poverty” . This could also have a negative effect and “could cause about 1.4 million Americans to lose their jobs.” (1,400,000) this could push more people into poverty. Another reason I think that the federal minimum wage should not be raised is, “ Just because the federal minimum wage is $7.25 doesn’t mean that minimum wage workers can’t make more than that.” Oftentimes employees make more than minimum wage, and many states are planning to raise the minimum wage 2021.
Raising the minimum wage would also have a negative impact on small businesses because they would have to pay employees more than they already do and in turn making their business lose more money, this could make many small businesses collapse and more people would lose their jobs.