I understand the argument of why
the minimum wage should be raised. It makes sense that if you raise the minimum
wage, people would get paid more, and those people would be farther away from
poverty. With that said, I stand firmly against raising the minimum wage.
Raising the minimum wage would do the exact opposite of what it is supposed to
do. More people would be in poverty if it were raised. The unemployment rate
would also skyrocket. If the minimum pay were raised, then small businesses
would be forced to fire people. Then those people would be out of a job and not
earning enough money to live.
Also, prices of products would go
up. If stores had to pay their workers more, then they need to gain that extra
money from somewhere. That extra money would come from the store’s goods being
raised. That would make life even worse for those still not able to find jobs.
There are already not enough jobs
out there for people, and this government has opposed things that will create
more jobs (I would elaborate, but that is a completely different topic). If
the minimum wage is increased, then there would be even less jobs open for
people. Which leads to a higher unemployment rate, as stated earlier. Which
leads to more people on welfare, which is also a topic for later. Though I will
say one thing about that topic: An administration’s success shouldn’t be based
on how many people are added onto welfare, but how many people are taken off of
welfare.
Alright I kind of went off on a little political rant… Sorry about that… Oh well. What do you guys think about this topic? I would be interested to hear different
opinions.
