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What Is Raising Minimum Wage Increase Inflation?

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What Is Raising Minimum Wage Increase Inflation?
Dante Johnson, I agree inflation is a major issue whenever the subject of raising current minimum wage. If companies have to raise their current minimum wage the consumer will be the ones who pay for this finance increase. As a result, neither the corporate companies nor the consumer would benefit from raising the minimum wage. But in addition to inflation, low skill or inexperienced workers will be the ones to suffer most. Employers will not pay $12 an hour to hire a worker whose hourly efforts bring in $10. As I mention in my post a higher minimum wage will put the inexperienced workers out of a job. This happens to effect teenager greatly as many are starting out in the workforce. If the current minimum wage is raise most likely inexperienced

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