Raising Minimum Wage Assignment

432 words - 2 pages

Principles of Microeconomics (ECO 2311) April 23, 2017, Raising Minimum wage Spectating and analyzing the major problems that are going on in this city, i think its time to make a change. I noticed that many employees are asking when is it going to be that time that we finally raise minimum wage? Well the time is now! I am here to help increase the wage to $10 an hour so that we can be financially successful in our lives. But i am going to discuss the pros and cons of if this decision should be made or not.
Raising minimum wage can have many possible advantages. So i'm going to go over the advantages that can help with the decision that i should make. Minimum wage can be a huge influence by increasing economic activity and job growth. New Jobs would increase and it would become a new factor because of how the economy would bring in more wages. Also, poverty would be eliminated for some people.

Single parents would be able to afford to take care of their families without any worries. Being out of poverty would lead to Americans not needing the government for help. There would be a lot of improvements in productivity because of keeping things paced with the economic growth. A huge fac...

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Raising Minimum Wage Assignment

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