Tuesday, August 08, 2006

Minimum Wage

Should we raise minimum wage? I say yes, because raising the amount of money people can invest in the economy can only help us. Instead of money staying in the pockets of the rich few, it can be reinvested by poorer people in different areas. It also gives them more opportunity to move up in society, which in turn helps the economy.

1 comment:

Professor Rex said...

Sean, statistics show otherwise. Generally, prices do not rise considerably when the minimum wage goes up. People working minimum wage rarely produce anything, so production costs do not rise.