Though both sides present strong arguments as to their cause, the decision to keep the minimum wage as it is is the better option. This is because raising the minimum wage also raises the prices of goods for consumers due to businesses requiring funds in order to continue producing. Along with this, jobs will be lost, and positions for workers will be far harder to obtain, putting those who are unskilled in a poor standing, causing a rise in unemployment. Also, raising the minimum wage does not benefit the families it hopes to benefit. Rather, it helps teenagers who do not need to support themselves with earning extra money. Additionally, raising the minimum wage begins to diminish the value of jobs that require an education, due to the fact prices will increase, but those who have an education are being paid the same and have additional expenses that need to be paid. For these reasons, raising the minimum wage does not reduce poverty, and other paths should be taken to help those in
Though both sides present strong arguments as to their cause, the decision to keep the minimum wage as it is is the better option. This is because raising the minimum wage also raises the prices of goods for consumers due to businesses requiring funds in order to continue producing. Along with this, jobs will be lost, and positions for workers will be far harder to obtain, putting those who are unskilled in a poor standing, causing a rise in unemployment. Also, raising the minimum wage does not benefit the families it hopes to benefit. Rather, it helps teenagers who do not need to support themselves with earning extra money. Additionally, raising the minimum wage begins to diminish the value of jobs that require an education, due to the fact prices will increase, but those who have an education are being paid the same and have additional expenses that need to be paid. For these reasons, raising the minimum wage does not reduce poverty, and other paths should be taken to help those in