Raise minimum wage?

The minimum wage should not be raised. "About 60% of the officially poor don’t work, so the only thing raising the minimum wage does for them is to make it harder for them to get a job if they ever decide they want one." The idea is to lower the amount of people below the poverty line but if those people dont have jobs then it would only make the gap between the rich and the poor even wider. Also, if MW (minimum wage) is raised then widespread inflation will take over. Everything will cost more so nothing is being accomplished other than raising the price for everything. Small businesses also run into the problem of competing with large companies. They cant double what they are paying employees without losing just as much profit. Large businesses run into the problem of cutting low paying jobs. "Economists estimate that each 10 percent rise in the minimum wage leads to a 1 to 2 percent decline in the employment of low-skilled workers." Also, companies wont want to hire people for them to gain experience. If it is a serious financial commitment to hire a 16 year old then that 16 year old isnt going to be hired. "Entry-level jobs give people the chance to develop skills, receive training and prove their value to employers. If a higher minimum wage means fewer people get entry level jobs, then it is also deprives them of the opportunity to work their way into better positions." Kids wont be able to gain the work experience needed to persue a carreer. A teenager trying to find a job will be sucked into a world of employers wanting them to have job experience before being hired but no one will be willing to give them that experience. "But a worker demanding a higher wage is different from a worker proving to his or her employer that his labor is worth more money." People ought to work for their money not automatically start out at a high paying job for doing little. Employers will end up doing away with low paying jobs to save money, causing more unemployment and a wider financial gap between the rich and the poor. 

http://www.entrepreneur.com/article/223662#ixzz2mzmaC9BB

http://www.forbes.com/sites/williamdunkelberg/2012/12/31/why-raising-the-minimum-wage-kills-jobs/

http://www.deseretnews.com/article/865591955/Dont-raise-the-minimum-wage.html