The Instigator
Jeter1011
Pro (for)
Tied
0 Points
The Contender
1011778
Con (against)
Tied
0 Points

Raising the Minimum Wage is Bad

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Voting Style: Open Point System: 7 Point
Started: 1/15/2019 Category: Economics
Updated: 3 years ago Status: Post Voting Period
Viewed: 325 times Debate No: 119896
Debate Rounds (5)
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Votes (0)

 

Jeter1011

Pro

First round is for acceptance.
Debate Round No. 1
Jeter1011

Pro

Hello! Thank you for taking up this debate, As you know this argument is about the Minimum Wage going up, It is my opinion that raising the minimum wage will, Eventually, Lead to inflation. The federal minimum wage is $7. 25, Which is the blanket minimum wage across the United States and no state-minimum wage may decrease below that. I believe the minimum wage for (most) states should not exceed $8. 00 because it will lead to inflation, Business problems, And other economic troubles.

When the minimum wage increases, Small businesses and large businesses alike are affected, But first I will explain how small business is affected by the increase of the minimum wage.
When the minimum wage increases, Business who are small and don't make "a lot" of money will be forced to drive up their prices to compensate for the dramatic lost of money, But why? Well, The idea that driving up the minimum wage will increase the cost of living is simply not true because companies drive their prices up to prevent money loss. The more inflated prices get, The more money people need to spend. However. . They're not really spending a larger percentage of money than they have been.
1011778

Con

First off cost don"t necessarily need to g up a higher wage may make people think more about their hires which could drive costs down. Also think of the people making minimum wage they will have to apply fo welfare which is funded by the government so you will have to chose paying more taxes or paying A COUPLE cents more for coffee. Finally with all these poor people crime rates would skyrocket becaus studies show minimum wage directly affects crime rates.
Debate Round No. 2
Jeter1011

Pro

Jeter1011 forfeited this round.
1011778

Con

1011778 forfeited this round.
Debate Round No. 3
Jeter1011

Pro

Jeter1011 forfeited this round.
1011778

Con

1011778 forfeited this round.
Debate Round No. 4
Jeter1011

Pro

Jeter1011 forfeited this round.
1011778

Con

1011778 forfeited this round.
Debate Round No. 5
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