Even though minimum wage has been around for many years, and was established to make sure that working people could survive and pay their bills, there are still many problems with it. This paper address both the pros and cons to raising the minimum wage, discussing not only how people can be helped by the increase in pay, but also how they are ultimately hurt by it to a larger degree. Organized labor usually fights to raise the minimum wage, but every time it goes up, prices follow, until those that make minimum wage end up worse off than they were before their wage increase.
Some states also have minimum wage laws, and often the state minimum wage is higher than federal minimum wage. When the federal minimum wage is raised, states are at a loss with whether to raise theirs or not, and sometimes employers go out...
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