Interest Groups How interest groups feel regarding the issue of MINIMUM WAGE and how it hurts the economy. 5th Hour: Deven Kozinski, Chris Byrd, Tylen.

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Interest Groups How interest groups feel regarding the issue of MINIMUM WAGE and how it hurts the economy. 5th Hour: Deven Kozinski, Chris Byrd, Tylen Redding, Michael Wanay

Reasons why raising minimum wage won’t help economy: 1. Loss of jobs 2 Reasons why raising minimum wage won’t help economy: 1.Loss of jobs 2.Higher taxes 3. No-skill is needed

Loss of jobs: Higher wages for unskilled labor leads to people getting replaced by machines. This leads to jobs getting lost and unemployment being on the rise again.

Higher Taxes: Different states have different economies Higher Taxes: Different states have different economies. Some will thrive, and some won’t do as well as the others. The cost of living in a state differs as well.

No Skill: Working at a fast food restaurant does not require skill No Skill: Working at a fast food restaurant does not require skill. Raising the minimum wage would give these people the incentive to do less, because they will be getting their money either way.