Presentation on the important topic minimum wage

1. Minimum wage
AARON MACKLIET

2. Why it’s important
 According to Pew research
center being paid $7.25 and
hour is below the poverty
line
 Raising the wage would
affect our economy in one
form or another

3. What the Left believes
 Raising the Minimum wage would give greater
spending power
 Raising the minimum wage would get people out
of poverty
 Raising the minimum wage would provide more
incentive for people to get jobs

4. What the right believes
 Raising the minimum wage would hurt business
 Raising the minimum wage would cause prices to
go up
 Raising the minimum wage wouldn’t solve poverty
 Raising the minimum wage would cause
unemployment

5. What effect has it had
 Cities like New York and LA to
have implemented a higher
minimum wage
 According to Digital Trends
Europe will phase out cashiers
 According to Forbes the United
States McDonalds has already
started to replace cashiers in
response to labor costs

6. Is It good for Business
 Large Corporations can eaisily
adapt to the change that is why
CEOs like
 It does give employees more
money to buy products
 According to The Guardian small
business owners would have a
tough time adjusting to a higher
minimum wage.

7. Is it good for the worker
 According to Mises institute
unemployment rises as the
minimum wage increases
 Wages increase for workers which
give them more buying power

8. Conclusion
 We shouldn't raise the minimum
wage
 It will hurt more people than it
will help
 Business has the decision to raise
their wages to stay competitive