Minimum wage pros and cons. Secondly, minimum wage laws help to reduce income .
- Minimum wage pros and cons. 4% or 30. Apr 2, 2020 · UK Minimum Wage - £8. Nov 15, 2024 · Introduction: The Heated Debate on Minimum Wage Raising the minimum wage is a topic that gets folks talking. Department of Labor, “the FLSA [Fair Labor Standards Act] authorizes employers, after receiving a certificate from the Wage and Hour Division, to pay subminimum Jan 31, 2022 · The U. The law has been amended almost every year to expand coverage of the wage Jan 29, 2025 · While the debate on wages rages on, the federal minimum wage has been the same since 2009. While some proponents of raising the minimum wage estimate that a much larger number of individuals and families will move out of poverty if they earned more money, a related potential benefit is a projected reduction in the need for federal and state government expenditures on financial aid for poor and low-income individuals. For instance, many European countries have adopted higher minimum wages in tandem with robust social safety nets, resulting in lower poverty rates and income inequality. While increasing the minimum wage seems to benefit the country and lowering the minimum wage would seemingly have a list of adverse effects, there are pros and cons to both. It creates wealth distribution to each socioeconomic group. Minimum wage serves as the lowest wage, by law, that specific groups of individuals can be paid. They are not sure whether they should be in favor of it or opposed it. Reduces Income Inequality: Narrows the gap between low and high earners. Mar 24, 2023 · Learn the arguments for and against increasing the minimum wage, such as its effects on poverty, inflation, employment, and economic growth. have occurred within the top 1% of income earners. In January 2021, legislators introduced the “Raise the Wage Act of 2021,” to increase the federal minimum wage from $7. There are also economic concerns which may develop over time that could negate the positive impacts that a raise in the minimum wage creates. As of 2023, the debate over increasing the federal minimum wage continues to spark discussions on economic equity, business sustainability, and regional wage disparities. In this article, we explore the pros and cons of raising the minimum wage, exploring how such changes can impact various sectors of the economy, employment rates, and workers’ living standards. Dec 14, 2024 · The debate on raising the national minimum wage highlights how proponents advocate for improved worker welfare while opponents warn of economic drawbacks. On the other hand, you have eliminating tipped minimum wage. and New York City have already enacted a minimum wage of $15 per hour. What are the pros and cons of raising the minimum wage? Pros and Cons of Medicaid Work Requirements Welfare flexibility versus health care access The Biden administration took steps in February to rescind one of its predecessor’s most controversial health care policies — Medicaid work requirements. There are economic benefits which may occur with such an action. • Increased wages may lead to higher consumer spending and reduced reliance on government assistance. Jan 5, 2025 · Home | Civics | Pros and Cons of Raising Minimum Wage Pros and Cons of Raising Minimum Wage Raising the minimum wage has the potential to stimulate consumer spending, reduce income inequality, and boost economic growth. Learn more about the history, purpose, and battle for a $15 minimum wage. Minimum wage laws aim to provide fair compensation, prevent exploitation, and reduce poverty and income inequality. If you are adequately prepared with this information, it should make the transition a little easier. In the absence of wage regulations, businesses may prioritize maximizing profits over fair compensation, leading to a concentration of wealth among business owners and executives while workers receive smaller portions of the Jun 18, 2025 · The Pros of Minimum Wage Laws There are several advantages to having minimum wage laws in place. There are several pros and cons The federal government mandated a minimum wage in 1938, according to Oregon State University. ” The debate about raising the minimum wage is a complex issue that requires a careful consideration of both the pros and cons. Successful Small Businesses and Minimum The federal minimum wage is a key pillar of labor law in the United States, aiming to ensure workers receive a basic standard of living. The first minimum wage law was enacted in New Zealand in 1894, according the Organization for Economic Apr 9, 2025 · In order to delve into the pros and cons of minimum wage as a price floor, it is crucial to first understand the concept itself. 60) Apr 2, 2025 · When it comes to the topic of minimum wage, there are always going to be differing opinions. Reduces gender-and race-based income inequality. federal law allows employees with disabilities to be paid less than the federal minimum wage of $7. It serves as a means to ensure that workers receive a fair and Jun 20, 2023 · Why Raising the Minimum Wage has Short-term Benefits but Long-term Costs June 20, 2023 • 7 min read A new study determines that instead of large increases in the minimum wage, a better option Nov 2, 2023 · Some say it's a good idea to raise the minimum wage. Democrats Dec 9, 2023 · Key Takeaways: The debate over the pros and cons of minimum wage is ongoing, with proponents highlighting benefits such as lifting workers out of poverty and opponents expressing concerns about potential negative consequences. Increasing the federal minimum wage would have two principal effects on low-wage workers. Since the last time the minimum wage was raised at the federal level, over 80% of the income gains in the U. MINIMUM WAGE Minimum wage is one of those topics that everyone seems to have an opinion on, whether it is, for it, or against it. Reduces income inequality: It helps in reducing the gap between the rich and the poor in the society and create an incentive for handwork and fairness among the employees. 25 an hour. Minimum wage is the lowest hourly payment a person can be paid. The Impact of Minimum Wage on Small Business Owners 5. Higher-income will improve the overall standard of living. S. Get valuable insights, examples, and inspiration for your academic writing. Mar 25, 2025 · Updated for 2025! Minimum wage and base pay increases can greatly affect how you do business. It’s got big-time effects on the economy, businesses, and the people working those jobs. Jan 29, 2025 · While the debate on wages rages on, the federal minimum wage has been the same since 2009. Jul 11, 2025 · Pros And Cons Of Raising Minimum Wage Minimum wage has long been a contentious issue among politicians, economists, and workers alike. While the federal government has kept the national standard at $7. In this section, we will explore some of the pros and cons of raising the Mar 10, 2023 · While the federal minimum wage (and maybe state minimum wage) does not raise workers’ real wages nor help the economy, abolishing it and giving low and middle-income workers tax credits would. Jan 29, 2025 · While the debate on wages rages on, the federal minimum wage has been the same since 2009. Secondly, minimum wage laws help to reduce income Oct 30, 2024 · What are the pros and cons of raising the minimum wage for tipped workers? The issue of balancing wages and tipping for restaurant workers has been raised in at least a dozen states, says Patricia Illingworth, a Northeastern professor of philosophy and business. Apr 7, 2019 · Higher minimum wages could encourage more families to take this stance, which would further skew the collected data. Explore the benefits of higher wages, motivated employees, and economic growth, as well as potential challenges like job loss, poverty, and price increases. In the midst of the Great Depression, the Unites States federal government passed the Fair Labor Standards Act. This is because their income is supposed to come from tips. Let's find out the truth with the pros and cons! Jan 7, 2014 · The evidence suggests rises in the minimum rate have not impeded the growth of low-wage jobs either over the long term or more recently, with jobs in low-paying sectors rising at twice the rate of Dec 9, 2023 · The pros and cons of raising the minimum wage present a complex issue with varying viewpoints. Discover the impact of minimum wage adjustments across Canadian provinces. A low-paying job remains an entry point for those with few marketable skills. The minimum wage was introduced in April 1999 (at £3. Many workers and bosses are confused about the effect a minimum wage increase has. The current federal minimum wage, which sits at $7. All that happens when they raise the minimum wage is that businesses change the way they run things and just put the burden on the people that already have enough of it. 25 an hour, hasn’t been raised since 2009. Jul 5, 2018 · Raising the minimum wage has various pros and cons which are important to consider. Reduces Poverty: Helps low-income workers afford basic necessities. Sep 24, 2024 · Raising the minimum wage in the US can boost workers' income but may lead to job losses and higher prices. Many consider this issue to be Sep 9, 2024 · A YES vote supports increasing the state minimum wage to $18 per hour by 2026 for all employers and thereafter adjusting the rate annually by increases to the cost of living. 25 an hour for more than a decade. Nov 26, 2019 · Arguments for and against raising the minimum wages including effect on jobs, prices, poverty, productivity and economic growth. minimum wage remains at $7. Minimum wage laws and legislations differ throughout the United States and the rest of the world. If the people earning the minimum wage are heads of low-income households, higher minimum wages are likely to reduce poverty. Many businesses are able to find ways to offset the higher costs of labor, which may include reducing the availability of hours or raising prices. Oct 25, 2023 · Explore the challenges and debates surrounding Texas' stagnant minimum wage, the need for change, and the advocates and obstacles of the Minimum Wage Increment Movement in the Lone Star State. Jan 27, 2019 · Pros: 1. As for minimum wage workers, the best thing that they can do for themselves is to pursue a different career that at least supports a middle-class standard of living. Jul 11, 2018 · Here are the key pros and cons of raising the minimum wage to think about. What would happen if we doubled it to $15? What happened in Seattle when they raised their minimum wage to $15 per hour? We consolidated the research from across the political spectrum so you can decide where you land. 25 per hour. By instituting a minimum wage, these people will afford more food and other necessities. Supporters argue that it can improve the standard of living for low-wage workers, while opponents express concerns about its potential impact on businesses and employment. 25 per hour has not changed since 2009, though many states and localities have set their minimum wage above that level. In recent years, many prominent political figures have spoken about the need to raise the federal minimum wage, which currently sits at $7. 25 per hour and now has been increased 22 times by Congress. Jul 11, 2018 · Learn how raising the minimum wage can affect wealth distribution, poverty, wage gaps, public assistance, taxes, and local economies. With the potential for raises across the U. 25. Jul 23, 2025 · Minimum Wage - Pro Quotes: Ashfaq Khan, Policy Analyst, and Rose Khattar, Associate Director of Economic Analysis at the Center for American Progress, stated: Kelly Anne Smith, finance expert, stated: Pramila Jayapal (D-WA) and Ayanna Pressley (D-MA), US Representatives, stated: In a study of minimum wage raises from 2000 to 2009, researchers found that three months after a raise, housing Pros If job losses in the formal sector are small, raising the minimum wage is likely to reduce poverty. The debate on who gets minimum wage or if it should be raise, has been going on for decades now, and some states can’t make a decision. The minimum wage is a contentious topic that sparks debate among economists, policymakers, and workers alike. It's a complex issue with both benefits and drawbacks. Minimum wages have several significant advantages as well as disadvantages. There are several advantages and disadvantages of a minimum wage for workers to review when looking at the effects of a guaranteed income when employment on society as a whole. Advocates argue that higher wages would increase the purchasing power of these workers Jan 29, 2021 · Minimum wage pros and cons for workers and small businesses : The Indicator from Planet Money Biden is calling for a $15 federal minimum wage. Mar 30, 2016 · Minimum Wage Hike Could Be Coming to California California would become the first state to adopt an hourly wage of $15 if approved by state lawmakers. Beginning with a look at how raising the federal minimum wage to $15/hour would improve the financial conditions for people whose income falls at the poverty line, it tackles the arguments against raising the minimum wage and Jun 7, 2025 · Dive into the heated minimum wage debate: pros, cons, and expert insights. Raising the minimum wage is a significant political issue due to its direct impact on financial situations. Minimum Wage: Pros & Cons. If passed, it would be the first increase in more than a decade, the longest stretch since 1938. as discussed in pros and cons of minimum wage many of the economists agree to eliminate it as it costs thousand jobs for economy, part timers, teenagers get a limited access and opportunities to jobs. Find out the impact of minimum wage on poverty, economy, business, workers and more. Stanley . 4 million. By examining both sides of the argument, we can better understand Jan 30, 2021 · Opponents of raising the minimum wage argue that most minimum wage workers are teens working their first jobs, that raising the minimum wage will kill businesses or jobs or that raising the minimum wage will have no effect at all on purchasing power because of the resulting increase in inflation. ProCon Debate: Should the Federal Minimum Wage Be Increased? ProCon Issue in the News: Current U. So what exactly is the best argument when approaching this subject? Should the minimum wage be raised? That is what is to be determined in the next few Apr 2, 2025 · Overview of Minimum Wage Laws and Small Businesses 3. While raising the minimum wage could improve the lives of low-income workers, it could also lead to increased costs for businesses and potentially, job losses. If passed, it would be the first Jun 25, 2025 · Minimum wage hikes can help or harm low-income workers. Mar 17, 2021 · The minimum wage has stagnated at $7. People have argued that raising the minimum wage will cause inflation, but it will create various economical benefits, income benefits, production benefits, and improve racial justice. Sep 20, 2023 · Raising the minimum wage to $15 has been a topic of debate and discussion in many countries. D. 25 since 2009, on January 1, 2017, nineteen states enacted new minimum wages through state regulations. resulting research literature has established both pros and cons of higher minimum wages: higher wages for according eral. C. The pros and cons of raising the minimum wage to $15 take a look at what the impact would be on society in general. Moreover, the advantages are compared against the disadvantages of the minimum wage rate. That’s still a pretty good number of people who stand to benefit. Salaried workers are sometimes exempt from these laws. The essay goes about discovering what exactly is minimum wage and how it impacts the economy. If informal sector wages rise when the minimum wage increases, higher minimum wages are likely to reduce poverty. And Oregon, Maryland, and Washington D. Jan 4, 2025 · Examining minimum wage policies in other countries can provide further insight into the pros and cons of raising the minimum wage. However, concerns about job loss, increased labor costs for small businesses, and potential inflation must also be considered. Pros and Cons of Minimum Wage – Explore this essay at New York Essays. Dec 15, 2023 · Pros Discover the numerous advantages associated with implementing a minimum wage policy to ensure fair compensation for workers. This introductory context will set the stage for a deeper dive into the specifics of minimum wage, preparing you for an informed exploration of its pros and cons. The federal government introduced in 1938 during one of America’s toughest time, the Great Depression. In the post-globalization era, the business world faces new realities of competition. Jul 20, 2019 · The movement to increase the federal minimum wage is gaining steam. Teenagers, workers in training, college students, interns, and part-time workers all have their options and opportunities limited by the minimum wage. How are minimum wages Jul 29, 2024 · “Examine the pros and cons of raising the minimum wage from various perspectives, including its impact on income inequality, employment levels, and business operations. This research will converse numerous opinions on minimum wages. The minimum wage in Indiana is currently $7. Jan 15, 2024 · The minimum wage is the lowest hourly wage an employer pays employees for their services. Improves Standard of Living: Enhances quality of life for low-wage workers. May 20, 2024 · • Raising the minimum wage could help low-wage workers escape poverty and keep up with inflation. The government typically raises minimum wage as inflation increases. For most low-wage workers, earnings and family income would In the larger interests of the U. In general definition, minimum wage is the minimum amount of compensation that laborers must receive under the law and is regarded as the lowest wage employers are allowed to pay. Setting a minimum wage establishes a baseline for the lowest amount an employer can legally pay their employees. Also, discover the drawbacks of higher minimum wage, such as reduced experience, education, and job opportunities. Low-wage countries appear to have a competitive advantage in terms of labor costs, which has result in large scale off-shoring of U. 25, to $15 dollars or an appropriate amount based on the living expenses of the area. Feb 9, 2021 · Minimum Wage Pros and Cons The minimum wage in Illinois is set to be $15 an hour by 2025. Schaffner, and Schmidt claimed that setting the minimum wage at EUR 7. While some people believe that raising the minimum wage is necessary to reduce income inequality and help low-income workers, others argue that it could have negative consequences for businesses and the economy as a whole. Some cities have passed mandates to make the minimum become $15 per hour. 50 would lead to a fiscal deficit of approximately EUR 9 billion each year due to unemployment benefits Dec 23, 2019 · Living wage laws dictate what the lowest legal earnings can be when companies pay their workers. By the end of the twentieth century, a majority of countries had some form of wage law. From improved living standards to reduced income inequality, there are various positive aspects to consider. Although there are several benefits to Pros and Cons of Minimum Wage The argument for minimum wage has remained remake consistent over the years. Pros and Cons of Minimum Wages highlights Minimum Wage Legislation in Australia from labor force perspective, consumers, firms and government “Minimum wage was started in 1938 with the passage of the Fair labor Standards Act and has been increased 22 times since” (Pros and Cons of Raising the Minimum Wage). Advocates argue that raising the minimum wage will lift millions out of poverty and stimulate economic growth, while opponents warn of job losses and increased costs for businesses. 25 an hour to $15 an hour by 2025. This article breaks down how the federal minimum wage works, who it applies to, how it Last November, there was a consensus among American voters that minimum wage levels are too low. Should the full minimum wage be paid to restaurant workers who currently receive tips? That is the ballot question — Question 5 — being asked of voters in Massachusetts on Tuesday. Jul 31, 2018 · The pros and cons of a minimum wage indicate that it can increase the number of jobs which are available within an economy. 1. Sep 12, 2023 · Introduction The minimum wage is a contentious and widely debated economic policy that directly impacts millions of workers and businesses. According to the Bureau of Labor Statistics, “In 2012, there were 3. On the other hand, opponents argue that it would lead to job losses and hurt small businesses. Check out the When I Work blog to learn the pros and cons of raising the minimum wage in 2023. List of the Pros of Raising the Minimum Wage to $15 1. Under current Massachusetts law, restaurant workers receive an hourly salary that amounts to less […] Abstract This article argues that in the current and ongoing political battle to raise the minimum wage, we must account for the impacts on means-tested benefits. However, on the federal level, minimum wage has remained at $7. are set to make this wage become $15 per hour by the year 2023. The Pros and Cons of Raising the Minimum Wage 4. Learn how it affects workers, businesses, and the economy. And California is set to raise minimum wage to $15 per hour in January 2022. , new research suggests that raising the minimum wage can actually have a significant negative impact on Pros And Cons Of Minimum Wage The minimum wage rate is introduced in this essay, with the perspectives of weighing the benefits with that of the costs of the national minimum wage. 6 million hourly paid workers in the United States with wages at or below the federal minimum wage of $7. Effects of Increasing the Minimum Wage A raise would increase incomes but could mean job losses The federal minimum wage of $7. Furthermore, it also covers Jan 6, 2021 · He explained the pros and cons of raising the state’s minimum wage. Went it was implemented it was set at $0. I think many people would agree with my argument because …show more content… 2024b, January 5th, 2016 (Sept. Though a federal minimum wage Dec 31, 2018 · Several minimum wage laws in the U. According to the U. Under the Trump administration, the Centers for Medicare & Medicaid Services (CMS) allowed states to apply for waivers that would require Medicaid Mar 22, 2021 · The $15 minimum wage debate continues to reverberate across the country. The worker minimum wage has been around for a long time. In the 1940s through 2010, the minimum wage that was adjust rose from $3. Firstly, these laws ensure that workers receive fair compensation for their labor. Mar 24, 2023 · Raising the minimum wage can leave many families with a greater disposable income and quality of life, reduce the poverty rate, and stimulate economic growth through increased spending. The current national minimum across the United States is only $7. On the flip side, critics worry it May 10, 2022 · Pros of the Minimum wage increment to $15 hourly Standard of living – The increase in the minimum wage can affect the standard of living in a huge way. Strategies for Small Businesses to Address Minimum Wage Increases 6. “Short run, I think it’s hard to argue that what we’re seeing moving ahead won’t be positive for many workers and Sep 14, 2017 · Early minimum wage laws were designed to provide the industrial workforce with a degree of economic protection. Abolishing the minimum wage will allow businesses to achieve greater On one hand, tipped minimum wage is the system we currently have in place, where tipped employees (usually servers) are paid a lower minimum wage than non-tipped employees. ? Good question. Mar 31, 2021 · In January 2021, legislators introduced the “Raise the Wage Act of 2021,” to increase the federal minimum wage from $7. economy, it is important to review the minimum wage pros and cons and arrive at the best solutions. By setting a minimum wage, employers must pay their employees a certain amount deemed sufficient to meet their basic needs and maintain a decent standard of living. These days everyone wants something extra instead of the same boring life Jun 10, 2021 · While proponents of increasing the minimum wage have grown increasingly vocal in the U. Feb 26, 2021 · There are few political arguments more polarizing than raising the federal minimum wage. See 20 pros and cons with examples and sources. The pros and cons of a minimum wage show that it is possible to pay workers a livable wage without creating an overall negative impact on the economy. 25 per hour, although several states have local laws that pay $3 to $5 more per hour than this rate. Feb 3, 2020 · The federal minimum wage is currently $7. Is increasing it to $15 the best way to fight poverty? Sep 10, 2024 · Supporters of California's Prop 32 say a minimum wage increase is necessary because of the cost of living; opponents say it would cost jobs and raise prices. jobs. 25 to $7. Pros: - A minimum wage increase Minimum wage is a controversial public policy that involves several microeconomic and macroeconomic problems. These increases involve some complex economic and social issues. 2. Proponents argue that the changes are important and needful to keep up with the increasing cost of living. What is optimal level? Feb 7, 2025 · As lawmakers debate a federal minimum wage increase, small business owners could see payoffs and drawbacks. Supporters think upping the minimum wage can help get workers out of poverty, cut down on income inequality, and maybe even boost the economy with more spending. In those same years, the minimum wage for unadjusted rose from $. , we go over the pros and cons of doing so. Jun 6, 2025 · The vast majority of workers now are wage and salary workers: 63. 21 for workers over 25 (from April 2019). 40 to $7. Apr 7, 2023 · Should we raise the minimum wage in the U. Washington D. Is that a good idea for workers and small businesses Feb 7, 2024 · Explore the advantages and disadvantages of raising the minimum wage, from improved living standards to potential job losses and inflation. On one hand, proponents argue that increasing the minimum wage would help lift workers out of poverty and reduce income inequality. Oct 18, 2024 · Abolishing the minimum wage could widen the gap between low-wage workers and those at the top of the income ladder. Sep 13, 2021 · Learn about the pros and cons of a national minimum wage in Canada. Contributes to economic growth: Raising the minimum wage gives workers more money to spend and this increases demand for business revenue hence increasing economic Jun 8, 2017 · There are various groups who have great ideological, political, financial and emotional investment in matter of surrounding minimum wage law. 55 to $7. History of Min wage. Jul 23, 2025 · Should the federal minimum wage be increased? Learn the pros and cons of the debate. It is important to approach the topic with a balanced perspective, taking into consideration the potential benefits and drawbacks. Understand the multifaceted impact of increasing the minimum wage. Boosts Economic Growth: Increased spending by workers stimulates the economy. With Traqq’s insights, explore the potential trade-offs involved in implementing such a policy change. Raising the federal minimum wage has many pros and cons, but is a necessity to thrive in society. Sep 2, 2023 · Minimum wage has long been a political discussion topic. The most recent increase was in 2009 when it was raised from $6. 25 per hour, although a majority of states have higher wages. Implementing a minimum wage may increase employee satisfaction, leading to improved work results. The Role of Government in Balancing Minimum Wage and Small Business Needs 7. Fo this reason, perhaps, minimum wage policy in the United States remains at somewhat of a impasse. Mar 23, 2022 · This image of Minimum wage pros and cons depicts the benefits and drawbacks of minimum wages. It will also offer answers to questions like where did minimum wages get its start? Impact on increasing minimum wages, how it affects the companies, how do wage increase why were minimum wages created? Confer the benefits of providing minimum wages with benefits the workers, presenting the pros and cons. Others believe it's not. What are the benefits and costs? Nov 7, 2024 · This Article was Originally Posted on Northeastern Global News by Ian Thomsen. A more effective tool may be expanding the Canada Workers Benefit. 50. Learn the arguments for and against raising the minimum wage, with 20 pros and 40 cons. Usually it is those who work in fast food, young, and low level jobs that work for minimum wage. While the intention behind the minimum wage is to provide workers with fair compensation and protect them from exploitation, its impact on the economy and workers is a The Cons Of Raising The Minimum Wage Raising the minimum wage carries with it several challenges that can impact businesses, employees, and the broader economy. What are the main arguments in favor of raising the minimum wage in Canada, and how do these compare to the arguments against it? The main arguments in favor of raising the minimum wage in Canada center on the potential to improve the standard of living for low-income workers and stimulate economic growth. The The vast majority of economists believe the minimum wage law costs the economy thousands of jobs. 1, 2016). This essay explores the pros and cons of minimum wage policies, offering a comprehensive view of the advantages and disadvantages associated with setting a government-mandated wage floor. The minimum wage is a topic that has been debated for years. will realize increases later this year. This section will explore the pros and cons of a minimum wage increase. Some people are against minimum wage and the other think minimum wage can help you in a certain way. • Higher labor costs from wage increases could lead to unemployment and higher product prices. Pros and Cons of Min wage. Below are 40 pros and cons of raising the minimum wage to $15, […] Apr 13, 2024 · Local Utah news, sports, business, events, and photos from Utah Valley's leading newspaper, the Daily Herald. Some states (and localities) have opted for much higher minimum wages, while the federal Introduction The federal minimum wage, which was established in 1938, is the lowest wage that a business can lawfully pay its employees. Minimum wage is the legally mandated lowest hourly wage that employers are required to pay their employees. Pros: - A minimum wage increase This essay will explore the law regarding minimum wage in the United States of America, as well as advantages and disadvantages of increasing wage such as beneficial incentives. 25 an hour (Hristos Doucouliagos and T. Both of these arguments can be backed up, as with most topics, there are pros and cons that come along with it. Here are some of the major pros and cons of raising the minimum wage. imcan nomqpa kvch msgbsz woiszds ubvxpqv zulf azcr taxnc nduvci