https://padlet.com/akayewu/p0o6ok9pz8s46phi Recent discussions debate an appropriate minimum wage, and many argue to raise it from $7.25 to $15. Those who encourage this change argue that it can raise millions out of poverty as well as help low income families keep up with the increasing cost of living, while those against this decision argue that raising the minimum wage will cause inflation, job losses, and making companies less competitive. What is your stance and why? en-us 2021-02-01 00:44:06 UTC 2021-02-02 20:35:06 UTC hello@padlet.com https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155812229 A downside to raising the minimum is the effect on small businesses. Businesses pay their employees an agreed upon wage. The thing is, this his highly dependent on the businesses' profit. Making businesses having to raise wages to meet the minimum wage will hurt the profit of the business.]]> 2021-02-02 20:07:52 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155812229 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155842733 I would increase the minimum wage but only by little bit so inflation wouldn't occur as fast. Probably only to about 8$]]> 2021-02-02 20:15:08 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155842733 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155885468 I just feel like increasing the Minimum wage would also inflate the prices of other items as well. If the pay of minimum wage goes up, then the price of goods will remain up. I don't see the point. Businesses might start increasing their own prices at the local stores to still maximize their profits. ]]> 2021-02-02 20:25:29 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155885468 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155891584 Despite inflation occurring, poverty arguably has more importance due to how hundreds of thousands of people are found to be in poverty. Increasing the minimum wage slightly can allow for millions of people to leave poverty and allow for families to have a higher income, helping the families survive and thrive. ]]> 2021-02-02 20:27:01 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155891584 danielpham6534 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155895112 Even though inflation canhappen if the wage is raised to $15, it would make sense to raise the pay a bit to around 10 dollars since many people struggle to pay bills and in addition, Covid has been hit hard and negatively impacted minimum wage even more.]]> 2021-02-02 20:27:54 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155895112 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155896203 Increasing the minimum wage is a good idea because $7.25 was set a long time ago so raising it would help adapt to more recent inflation. It also allows customers to have more money they can use to pay for essential living needs which would also help businesses. I think job loss and inflation can still be combated because the rich business owners have enough money that they can pay their workers more and still have a lot.]]> 2021-02-02 20:28:12 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155896203 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155897711 A slight increase in normal workers, and an major increase for federal. ]]> 2021-02-02 20:28:36 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155897711 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155899146 I don't see a point in increasing the minimum wage. It will only fast forward inflation and increase prices for goods and services within the nation while lessening the value of the dollar bill.]]> 2021-02-02 20:28:57 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155899146 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155899229 The cost of living already seems to be increasing so I would say increase the minimum wage so that people are able to at least sustainable themselves. If working jobs are taken by machines then don’t people have more opportunity to go into more artistic, scholarly, federal job, etc?]]> 2021-02-02 20:28:59 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155899229 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155899609 2021-02-02 20:29:05 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155899609 https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155900467 I think something important to consider is that by raising the minimum wage, these workers have more money to spend and return to the market. With more money being given to the people, this can also bolster businesses by increasing the potential market of customers.]]> 2021-02-02 20:29:18 UTC https://padlet.com/akayewu/p0o6ok9pz8s46phi/wish/1155900467