minimum wage, n.Definitions

The Minimum wage is if raised, potentially negative in that employers cannot afford to hire as many employees.

The Minimum wage is a well-intentioned plan to reduce poverty that ends up hurting the poverty stricken most.

The Minimum wage is a law that essentially makes it illegal for an employer to hire a person with limited skills.

The Minimum wage is if raised, a way to reduce expenses for the social program that many minimum wage earners currently find themselves forced to rely on.

The Minimum wage is if raise, a way to generate more spending, increased sales, and thus more o hire more employees to keep up with increased sales.

The Minimum wage is if raised, potentially negative in that employers might raise prices of their product in order to generate enough income to support their more highly paid minimum wage employees, resulting in higher cost of living for the very same poorer individuals.

The Minimum wage is if raised, a way to decrease turnover rates in that they are less likely to quit, resulting in fewer expenses to hire and train new employees.

The Minimum wage is if raised, a way to generate economic stimulus in that the more money wage workers have, the more money they spend, which ripples through the economy.