Pros And Cons Of Minimum Wage

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Others agree that it will reduce inequality but with doubts about its affectivity and sufficiency, they simply ask two questions; how much would the reduction be and for whom. Adding that it’s not going to have a huge impact. As a justification, co-director of the Center on Children and Families at the Brookings Institution, poverty and fiscal expert Isabel Sawhill added that “there's no politically feasible policy that would have a big impact,” The minimum wage usually propagates the controversy due to its uncertain results on the economy. There are two main perspectives regarding the minimum wage, both of them have their advantages and disadvantages. Proponents of the minimum wage say that it increases the standard of living,
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