Why Minimum Wage Hurts the Economy

Introduction Hurts Economy Helps Economy

Introduction

Raising the minimum wage destroys jobs, hurts the poor, keeps people on welfare, and encourages high school students to drop out of high school. It hurts exactly the workers that it intends to help – the poor, the unskilled, and the young

One survey indicated that 80% of Americans supported a higher minimum wage. Of those same respondents, less than half, approximately 46%, supported a higher minimum wage if it might reduce the number of jobs available for workers with limited skills

To get people out of poverty, we need a system that increases opportunities for low-skilled workers. Raising the minimum wage is the wrong solution for helping the poor, the unskilled, and the young