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04.02 Should the Government Control the Economy

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flvs work

on 1 December 2013

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Transcript of 04.02 Should the Government Control the Economy

Minimum wage should NOT be raised!
With the United States economy the way it is now raising the minimum wage isn't the answer. Instead of improving individuals quality of life,It would stop economic growth and stop many from having a permanent job
What about the Money
Many business owners would have to either cut there own pay, lay off workers or cut work hours. This would equal to less business profit and unemployment.
The Head Honcho's
Honestly minimum wage should be left up to the employee and the employer. To much government interference has more consequences than people realize.
Is it fair?
Businesses will suffer because all obtain a certain amount of money, the increase will not raise productivity or profit. The only thing is that payroll and other wages will increase
04.02 Should the Government Control the Economy
Minimum Wage
Minimum Wage above he Equilibrium
Full transcript