Minimum Wages and Effect on Economy - Essay Example

It is a good move by the current government. Workers need an appropriate amount of their earnings to enjoy their lives and the cost of living has been raised and prices of food and gas have increased. Some communities are advising increasing it up to $10 per hour (Aprikyan n.p.).

These decisions are going to have a strong effect on the economy. The minimum wage should be tied up with inflation. People will spend more and this can help decrease crime rates too (California Labor Federation n.p.). But for those who are demanding an increase of $10, it’s not logical, when minimum wages will increase so will the cost of production followed by the increase in the cost of living. In the end, we’ll go back to where we started. Besides this minimum wage is solely for students or those people who don’t have to raise a family. So instead of just relying on the increase in minimum wages, I think citizens should take responsibility too. Get educated, get skills, get real, and live a rational life. Read More