Hi, I would like to share this time about "who believes a Texas minimum wage hike up free?" by Vance Ginn.
I totally agree with this writer's opinion which he saying that "Setting a minimum wage floor above the market wage results in a bad outcome called unemployment.". It is very true fact. Raising minimum wage would seem like settle the problem of poverty of low-class people on its surface, however, this is not the right way to solve the problem. Additionally, he gives more details about the negative outcome of increasing minimum wage, and it does really make sense to me even I am a foreigner. In Reseach shows that If minimum wage hikes up to $15, Texas could lose nearly 1 million full-time jobs, add an explanation to, the state government cannot afford these massive unemployment people. Raising minimum has a double edged sword, the government must very carefully to handle the it.
No comments:
Post a Comment