How does raising the minimum wage help the poor?


never understood logic of minimum wage hikes. minimum wage goes employeers raise prices in short term result in people being unemployed , people make more minimum wage loosing buying power , in long term hike of $7.25 $9 result in $9 buying $7.25 used buy wipe out savings.

i never understood logic of minimum wage hikes. minimum wage goes employeers raise prices in short term result in people being unemployed , people make more minimum wage loosing buying power , in long term hike of $7.25 $9 result...


Social Science Economics Next



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