To all the IC economists out there...
Obama (in his SOTU) mentioned raising the minimum wage to $9 hr and since then, I've seen people on both sides of the argument making their point. Some working those minimum wage jobs and looking forward to a raise, while critics say more people would be fired, businesses wouldn't be able to afford it, or that everything else would go up in tandem (inflation).
What do you think ?
Raising the minimum wage to $9 50 votes
No, it would just raise the cost of living.