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The Influence Of Minimum Wage On Society

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The Influence Of Minimum Wage On Society
In recent debates about remuneration, some controversial issues that have been brought up are about the federal minimum wage, and its influence on society. On one hand, some claim that the federal minimum wage is to low, and in fact, needs to be raised so families can earn a living wage, but also help the poor, promote job growth, support workers, and decrease prices on many goods. One advocate of this view is Aaron Pacitti of The Huffington Post who asserts that “Raising the minimum wage is good economic, good policy and good for workers” (Pacitti). Others, such as John Wihbey of the Journalist’s Resource, however, strongly disagree. Wihbey states that “the real effects of minimum-wage increases are negative: they hurt businesses, raise prices
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