Raising the Federal Minimum Wage: More Harm than Not
Subject:
Noah Lopez Raising the Minimum Wage: More Harm than Not Protests and labor strikes advocating to raise the federal minimum wage seems to have been a trend across the United States, but what the protestors do not know is that raising the minimum wage will do much more damage to themselves than good. The federal minimum wage in the U.S. should be left as it is for the time being, because of the aftereffects pertaining to a country?s economy. Raising the minimum wage now would have disastrous effects on the U.S. economy; it would destroy the value of the U.S. dollar, result in countless job losses and poverty, and eliminate many entry-level jobs and businesses.
