Raising Minimum Wage

While my father lived in Australia for a number of years in the 80s and early 90s, he saw minimum wage rise by a considerable amount, comparable to Obama’s idea. My father says that prices skyrocketed for everything from food to apartments, and it was worse than before the wage hike. Buying power will not be the same.

Sure, a higher minimum wage sounds fantastic, but think of the effects it will have.

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