Raisng Minium Wage: Pros and Cons

In the article" Time for a Raise?"Patricia Smith shares an interesting fact involving the White House. President Obama wants to increase the minium wage to $9 an hour.

There are pros to this situation. Employees who get paid mininum wage and need to support their family can make  earn more money. President Obama said " It could mean the diffrence between groceries or the food bank, rent or eviction, scraping by or finally getting ahead . For business across the country it would mean customers with more money in their pockets."

There are cons to Obama raising minnium wage. Alot of companies who higher minimun wage empployee's will have to increase their cost of doing business. This means they will have a hard time paying employee's and giving current ones raises.

There are also the small business that do not have enough to pay their employee's already. This can cause a inflation of unemployment. Speakers of the House, John Boecher said" At a time when the American people are still asking the question, ' Where are the jobs?' Why would we want to make it harder for small employers to hire people?".

Many argue that  raisng minimum wage to emplyee's makes it unfair to employes who are not on minimun wage.

There are still questions an no sultions. This makes me happy because I am a teenager and thats all we are getrting paid. Yet there are alot of downsides to this law. Have they come to man impasse or a solution?

Will the answer affect us in a bad way or a good way? This law can help me in a long rong because they are making it harder for public school teenagers to get scholar ships.

You have to literally jump through hoops to get into a good college and get a good scholarship. If they raise minimun wage I will be able to save money.

However there are many problems with raisng minimum wage. This law can either go good or drop to bad. Im not sure wether to choose raise the wage or not.