Minimum wage arguments are often laden with good intentions. Of course everyone believes in a fair wage for an honest day’s work. However, what’s generally lacking in the push for a minimum wage is an understanding of the broader consequences of the well-intentioned policies.
For instance, studies have shown that raising the minimum wage contributes to a rise in the high school dropout rate.
To read the rest of this article, click here.
Photo credit: Angelsharum via Wikimedia Commons