~Minimum wage, hurts the economy through employment1~
A high minimum wage makes it harder for them to get a job.[1] Raising the minimum wage is followed by teenage unemployment. [2] Most economists agree the minimum wage hurts the economy. [3, 4] A liberal argument is: It helps the poor. This too is false. Raising the minimum wage doesn't help reduce poverty. [5] the reason it does not lower poverty is because the majority of minimum wage workers are teenagers and secondary earners that do not effect their whole households income to any extreme. [6] Almost none of the workers under the minimum wage actually use the minimum wage to supply their living. [6] Therefore the teenagers are actually just out there. The minimum wage has actually added the amount of people who cannot find jobs. [7] Seriously guys, its bad for the economy and doesn't help the poor people. So lets now lets see how it increases dropout rates.
~Effects on schools: Dropouts~
A raise in the minimum wage not only raises unemployment, but forces high school dropouts.[8] Any increase in the minimum wage increases high school dropouts. [9] Would you rather leave school when you get a wage of 10$ or 5$? 10. But as I stated this actually doesn't mean the get a job, and they likely do not get a job. They dropout, with sadening results. The statistics are on my side: Minimum wage raises = more dropouts. [10] The hikes in the minimum wage may actually decrease enrollment in schools. [11, 10] And for the last time: It still doesn't reduce poverty. [12, 10]
Seriously, do not raise the minimum wage.
Also I am the same person found in this debate, I copied and pasted my own words.
http://www.debate.org/debates/We-should-raise-the-minmum-wage/1/
[1] http://epionline.org/teen.cfm
[2] http://cincinnati.com/blogs/letters/2010/10/12/minimum-wage-increase-increases-teen-unemployment/
[3] http://www.balancedpolitics.org/minimum_wage.htm
[4] http://www.slate.com/articles/arts/everyday_economics/2004/07/the_sin_of_wages.html
[5] http://www.cnn.com/2011/09/16/opinion/saltsman-minimum-wage/index.html
[6] http://www.forbes.com/2009/07/23/raising-minimum-wage-opinions-columnists-bruce-bartlett.html
[7] http://economix.blogs.nytimes.com/2010/03/10/did-the-minimum-wage-increase-destroy-jobs/
[8] http://www.nationalcenter.org/MinWage.html
[9] Neumark, David and William Wascher, The Effects of Minimum Wages on Teenage Employment and Enrollment: Evidence from Matched CPS Surveys. National Bureau for Economic Research: Cambridge, MA, 1995.
[10] http://www.heritage.org/research/reports/2006/07/raising-the-minimum-wage-hurts-vulnerable-workers-job-prospects-without-reducing-poverty
[11] David Neumark and William Wascher, "Minimum Wages and Skill Acquisition: Another Look at Schooling Effects,"Economics of Education Review 22:1-10.
[12] David Neumark and William Wascher, "Do Minimum Wages Fight Poverty?," Economic Inquiry, 2002, v40(3,Jul), pp. 315-333.
A high minimum wage makes it harder for them to get a job.[1] Raising the minimum wage is followed by teenage unemployment. [2] Most economists agree the minimum wage hurts the economy. [3, 4] A liberal argument is: It helps the poor. This too is false. Raising the minimum wage doesn't help reduce poverty. [5] the reason it does not lower poverty is because the majority of minimum wage workers are teenagers and secondary earners that do not effect their whole households income to any extreme. [6] Almost none of the workers under the minimum wage actually use the minimum wage to supply their living. [6] Therefore the teenagers are actually just out there. The minimum wage has actually added the amount of people who cannot find jobs. [7] Seriously guys, its bad for the economy and doesn't help the poor people. So lets now lets see how it increases dropout rates.
~Effects on schools: Dropouts~
A raise in the minimum wage not only raises unemployment, but forces high school dropouts.[8] Any increase in the minimum wage increases high school dropouts. [9] Would you rather leave school when you get a wage of 10$ or 5$? 10. But as I stated this actually doesn't mean the get a job, and they likely do not get a job. They dropout, with sadening results. The statistics are on my side: Minimum wage raises = more dropouts. [10] The hikes in the minimum wage may actually decrease enrollment in schools. [11, 10] And for the last time: It still doesn't reduce poverty. [12, 10]
Seriously, do not raise the minimum wage.
Also I am the same person found in this debate, I copied and pasted my own words.
http://www.debate.org/debates/We-should-raise-the-minmum-wage/1/
[1] http://epionline.org/teen.cfm
[2] http://cincinnati.com/blogs/letters/2010/10/12/minimum-wage-increase-increases-teen-unemployment/
[3] http://www.balancedpolitics.org/minimum_wage.htm
[4] http://www.slate.com/articles/arts/everyday_economics/2004/07/the_sin_of_wages.html
[5] http://www.cnn.com/2011/09/16/opinion/saltsman-minimum-wage/index.html
[6] http://www.forbes.com/2009/07/23/raising-minimum-wage-opinions-columnists-bruce-bartlett.html
[7] http://economix.blogs.nytimes.com/2010/03/10/did-the-minimum-wage-increase-destroy-jobs/
[8] http://www.nationalcenter.org/MinWage.html
[9] Neumark, David and William Wascher, The Effects of Minimum Wages on Teenage Employment and Enrollment: Evidence from Matched CPS Surveys. National Bureau for Economic Research: Cambridge, MA, 1995.
[10] http://www.heritage.org/research/reports/2006/07/raising-the-minimum-wage-hurts-vulnerable-workers-job-prospects-without-reducing-poverty
[11] David Neumark and William Wascher, "Minimum Wages and Skill Acquisition: Another Look at Schooling Effects,"Economics of Education Review 22:1-10.
[12] David Neumark and William Wascher, "Do Minimum Wages Fight Poverty?," Economic Inquiry, 2002, v40(3,Jul), pp. 315-333.
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