Poverty is defined as “the state of one who lacks a usual or socially acceptable amount of money or material possessions. Poverty may cover a range from extreme want of necessities to an absence of material comforts.” (309). The main goal of the minimum wage law is to allow people to rise out of poverty and for them to be able to afford a decent lifestyle within their community. It is considered common sense that if the working poor were to have a raise in their paycheck, then the poverty rate would decrease. Unfortunately, this statement has been proven to be false. One research has found that “poverty and the minimum wage do not interact or affect each other in any way.” (310) and the reason for this is a very simple one, but is not one often considered by the government. Studies have shown that “o...
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...ss of the California Highway Patrol.” (Rehnquist, 125) The most alarming effect of a minimum wage increase can be seen when it directly affects everyone’s life because of limited time spent training for public service positions, such as EMT personnel, Highway Patrol, or Police Officers.
Another adverse effect of an increase in the minimum wage is an increase in inflation, which is an increase in the price of goods or services. Kevin M. Murphy, a professor of Business Economics and Industrial Relations at the University of Chicago, investigated the employment effects of the 1990 and 1991 minimum wage increases and discovered that “raising the minimum wage does not make anybody better off without someone else paying for it.” (Kosters, 8) That “someone else” becomes the consumer since the company will raise prices in order to offset the increase in their worker’s pay.
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