For example, he refers to a study in 2011 from the Chicago Federal Reserve Bank that showed that if minimum wage was increased it would lead to higher consumer spending. It showed that each dollar increased resulted in $2,800 more in household spending. He also refers to another study that showed states that increased minimum wage saw more job growth in the first 6 months. Ira Knight used studies to support his position. Also, Ira Knight points out that raising minimum wage would help get more Americans out of poverty. He again uses a study to back his position. Mr. Knight referred to a study done by the University of Massachusetts Amherst showing that increasing minimum wage would remove 3.5 million people from the food stamps program. This saves money for the taxpayers and benefits the government. Mrs. Steele’s statements like, “Small businesses, the heart of America, will also be hurt” do not hold up with no evidence to back her
For example, he refers to a study in 2011 from the Chicago Federal Reserve Bank that showed that if minimum wage was increased it would lead to higher consumer spending. It showed that each dollar increased resulted in $2,800 more in household spending. He also refers to another study that showed states that increased minimum wage saw more job growth in the first 6 months. Ira Knight used studies to support his position. Also, Ira Knight points out that raising minimum wage would help get more Americans out of poverty. He again uses a study to back his position. Mr. Knight referred to a study done by the University of Massachusetts Amherst showing that increasing minimum wage would remove 3.5 million people from the food stamps program. This saves money for the taxpayers and benefits the government. Mrs. Steele’s statements like, “Small businesses, the heart of America, will also be hurt” do not hold up with no evidence to back her