ipollux

I've noticed the minimum wage has been going up steadily in various parts of the U.S. over the last couple of years. Today there was a story about it on the front page of the 'paper, and it sparked a debate in the newsroom.

My argument was that raising the minimum wage doesn't help those at the bottom, but actually hurts them. When employers are forced to pay their employees more money, many will have to lay off some of their workers in order to pay those they keep the new higher wage.

This also, of course, leads to price inflation. Don't be fooled, when wages go up, the price of living goes up, hence minimum wage being higher in the parts of the country that require more money to live.

I honestly don't see the benefits of continuing to raise the minimum wage, but I'm open to arguments for it; I just haven't heard a good one yet.