Minimum Wage Minimum wage has been a big issue as of late. Some people think that the minimum wage should be increased to counter the effects of inflation and to help lower class people. Others think it should not be increased, that a minimum wage increase would lower the number of jobs on the market. It is a sensitive issue and both sides have some very strong points. The supporters of a minimum wage increase cite several reasons. For one it is necessary to raise minimum wage to counter the effects of inflation and increases in the cost of living. They also say that an increase in minimum wage is a way to provide a livable wage and to fight poverty. Since its introduction, the minimum wage has been raised 16 times trying to keep in step with inflation and an ever increasing cost of living. However, as inflation increases, the purchasing power of the minimum wage keeps dropping. ....

Number Of Pages: 2

Number Of Words: 550

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