One of the counterclaims is that it could help the economy and families that rely on minimum wage jobs. If we raised the minimum wage it would actually not help the economy because it would cause businesses to raise the price of their products to help afford the higher employee prices. Many people think that a lot of families rely on minimum wage jobs so by raising those they will help families and other people that rely on minimum wage jobs. It would actually not help families because businesses are worried about making a profit and if the minimum wage goes up then they will have to fire people so they can still make a profit. People have many arguments on why we should raise the minimum wage but each of the arguments can be disproven.
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