Question

Research arguments for and against one of these topic questions: Should government raise the minimum wage?

Answer 1

Arguments in favor

The increase in government wage will :

1. Decrease government spending on public welfare

2. eventually result in decreasing poverty.

3. increase job growth

4. will increase economic activity.

Arguments in against

The increase in government wage will :

1. Force businesses to layoff their workers.

2. increase the price of consumer goods.

3. harm low skilled workers.

4. increase housing costs.