Disadvantages of Raising Minimum Wage

12, 2018

US Census Bureau Finds That Raising the Minimum Wage Would Be Beneficial, but What Are the Cons of Doing So?

By admin | December 19, 2018 | Finance

The media and public sector often tout the benefits of increasing the federal minimum wage. President Obama used his 2014 State of the Union Address to proclaim that a higher minimum wage would drive economic growth, provide more jobs, and reduce government spending. However, these benefits are often inflated and fail to take into consideration […]