Automating the Minimum Wage: The Cost of Fight For 15
May 8, 2019
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52:24Now PlayingAutomating the Minimum Wage: The Cost of Fight For 15
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as posted by the channelWhat's the real cost of raising the minimum wage? The current U.S. minimum wage is believed by many to be below the pay needed to meet basic needs, let alone allow for upward mobility while others believe that raising the wage to meet the requested living wage standard will cause catastrophic changes to the economy and ultimately result in greater financial detriment than it possibly provides for individual workers and the total economy alike. What does the research say though? Taking a look at this question from a macro and micro economic level, this video discusses the costs and benefits of raising the minimum wage, or if there even are any.
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