Video: Prager U asks: Does the minimum wage prevent poverty?

Video: Prager U asks: Does the minimum wage prevent poverty?

For many people, supporting a higher minimum wage is a no-brainer. Of course workers should make more money!

But many people don’t know that raising the minimum wage hurts one group of people – the working class. Because when the government raises the minimum wage, companies have to either cut hours, lay off workers, raise consumer prices, or all three.

Watch Prager’s new video to see why.

LU Staff

LU Staff

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