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A Republican’s View On Raising Minimum Wage

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Presentation on theme: "A Republican’s View On Raising Minimum Wage"— Presentation transcript:

1 A Republican’s View On Raising Minimum Wage
By: Austin Marshall Pieprzyk Mohammed Aqib Javed Brendan Michael Riggs Brian Clark

2 Pros of Raising Minimum Wage
Some say that raising minimum wage will put over a million people out of poverty. This isn’t true, however, because with an increase in minimum wage many people will actually lose their job. According to an article by Chad Halvorson on a raise in minimum wage would stimulate the economy. How can the economy be stimulated if many people will lose their job?

3 Cons of Raising Minimum Wage
Again, if the minimum wage is increased, there will be people who lose their job. Business owners like profit, and they don’t like the idea of losing profit. If business owners are forced to pay their employees more, then they will hire less employees.

4 There will also be competition for jobs
There will also be competition for jobs. With less employees working for a business, there will be less positions available for hire. This will cause younger, less skilled workers to be hired. The prices will also increase. Again, business owners like to maintain a profit. They will increase their prices so as not to affect their personal income.


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