Should The Minimum Wage Be Raised

435 Words2 Pages
Small Businesses could go out of business if we raised the minimum wage to a higher price. This is a widely debated subject of money, income, and the effect raising the minimum wage can have on businesses and the economy. Currently, the federal minimum wage is seven dollars and twenty-five cents and have been established that way since 2009. It has been said minimum wage should be increased to accommodate living expenses and travel time to places of work. The problem with raising minimum wage , that many people do not realize, is how it affects big and small businesses. Also, they do not realize the impact it would have on our economy and our nation as a whole. The reason some people believe that the minimum wage should stay at seven dollars
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