The Government Should Raise Minimum Wage

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I do not think the government should raise the minimum wage. The graph above shows the demand for McDonalds annually. Demand for McDonalds might go down due to increased prices which is no good for the business. They could be forced to hire fewer employees as a result and can lead to worse customer service. This would be even more detrimental to smaller businesses and make it tougher to find employment as a result. Inflation would be the biggest problem. Thus raising minimum wage could be rendered completely ineffective as many prices for goods would go up as a result. The argument that is often made that raising could make the wages more livable for the lower class. Due to increased/inflated prices this would not be the case. Smaller businesses
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