https://padlet.com/tjmccown19/reshy0hnazn9 en-us 2017-04-10 19:35:08 UTC 2017-04-11 19:50:16 UTC hello@padlet.com tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165764348 https://americansforprosperity.org/minimum-wage-more-harm-than-good/]]> 2017-04-10 19:36:08 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165764348 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165764661 research shows that a higher minimum wage does increase unemployment. The more important thing about how it will effect the economy is that a higher minimum wage increases the cost of low-skilled labor. ]]> 2017-04-10 19:37:40 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165764661 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165764734 Since the labor cost will go up it will leave many people unemployed. A good majority of the people it will effect are people with no experience and people trying to find a first job.]]> 2017-04-10 19:38:05 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165764734 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165764948 "One real life example of the negative effects of raising the cost of labor can be seen at the local grocery store. More and more grocery stores are discovering that self-check-out machines are less expensive than hiring a cashier. Increasing the cost of labor only further incentives businesses to invest in technology instead of people. It’s no surprise that the government cannot simply wave its magic wand and force businesses to pay higher wages without any negative side effects."

]]> 2017-04-10 19:39:20 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165764948 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165765154 "Increasing employment opportunity gives low-skilled workers the best chance of finding employment and climbing up the economic mobility ladder. Raising the minimum wage does more harm than good."]]> 2017-04-10 19:40:33 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165765154 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165765246 "Economist Thomas Sowell sums it up well: 'The net economic effect of minimum wage laws is to make less skilled, less experienced, or otherwise less desired workers more expensive — thereby pricing many of them out of jobs.”']]> 2017-04-10 19:41:14 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165765246 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165765376 "Even Chairwoman of President Obama’s Council of Economic Advisor, Christina D. Romer, agrees. In a recent New York Times article, Christina argues that raising the minimum wage may harm the people it is supposed to help. Discussing the fact that higher labor costs often cause higher prices, Christina writes “Often, the customers paying those prices — including some of the diners at McDonald’s and the shoppers at Walmart — have very low family incomes. Thus this price effect may harm the very people whom a minimum wage is supposed to help.”']]> 2017-04-10 19:42:00 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165765376 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165970178 since many people who are in poverty end up working odd jobs they aren't affected much by the wage raise.]]> 2017-04-11 19:31:06 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165970178 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165970400 "In fact, the most current research shows that a higher minimum wage does increase unemployment; however, the more important economic reality is that a higher minimum wage increases the cost of low-skilled labor. Businesses pass this cost off in a variety of ways"]]> 2017-04-11 19:31:59 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165970400 tjmccown19 https://padlet.com/tjmccown19/reshy0hnazn9/wish/165971266 Hiking the wage will only reach half the people it is intended for and even then there is still harm done to the people who receive it.]]> 2017-04-11 19:36:31 UTC https://padlet.com/tjmccown19/reshy0hnazn9/wish/165971266