Raising the Minimum Wage Will Reduce Poverty

My last post talked about how minimum wage would not reduce poverity levels. I have come acrosse a different article that directly opposes that satement. Jason Furman wrote an article entitled "Raising the Minimum Wage Will Reduce Poverty". This article goes in depth on how by causeing people to be paided above the poverty line will reduce poverty in general. There are points stressed that by giving a family the little extra money they need to not be in poverty wil help raise their children better. By rasing children better, it provides a better oppeertunity for them to get a higher education and get a job that will keep them out of poverty. There is also the point that is made that if minimum wage was raised, people would have more spending money. This would allow people to spend more money, which would allow the bussinesses that are paying the higher minimum wage to make more money. So rasing the minimum wage would be a win-win situation for both the employee and the employer. I currently make minimum wage and I know the extra money that would come from raising minimum wage would be very nice. I also known that I work with people who are trying to support a family with their job, and they actually need the extra money. I honastly believe that no one i work with will lose their job if minimum wage was increased, but bit would help them so much. I am on the side of raising minmum wage rather than not.

Parrot, Jason Furman and Sharon. "Raising the Minimum Wage Will Reduce Poverty." Opposing Viewpoints: Poverty. Ed. Viqi Wagner. Detroit: Greenhaven Press, 2007. Opposing Viewpoints Resource Center. Gale. Deerfield High School. 11 Feb. 2010 .