The Positive Effects Of The Minimum Wage
Minimum wage is also associated with health. The more money someone have, the easier …show more content…
Extent of positive and negative effects differs in different situations. It is necessary for federal government to analyze the situation and decide whether minimum wage should be increase. At the present the positive effect is more than the negative impacts of increase in minimum wage. So minimum wage should be increase to provide better life for the lowest paid workers. There are lots of situations where there is no correct path to take. Each path has both pros and cons. Issue of increase in minimum wage is such an issue. Both side of the arguments are correct. But, decision has to be made by calculating overall benefits of each side. Whatever is more beneficial should be decided. If both sides can be merged with little compromises from both side, that would be better. According to economists who wants the minimum wage to raise, Society shouldn’t advance leaving the poor people behind. They should at least be compensated enough to …show more content…
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