Have you heard?They raised minimum wageto $15 an hour.
No I didn't know. That's not gonna be good for the economy.
I think ti'll be good good for the economy it'll help lower class families get out of poverty. We needed the raise because everything is on the rise because of inflation.
That's true but it'll also cause businesses to hire less people in order to pay their current employees. It's gonna hurt a lot of small businesses that can't afford to cover those payments to their employees
I didn't think about it like that. The cost of living right now outweighs what they raised the minimum wage to.
That is true inflation is on the rise at a rapid rate. Most apartments in Florida want at least $1600 for a one bedroom. Gas prices have went up to I currently pay almost $6 a gallon.
The average cost of a single person in Orlando is $948 and that's without rent.
Raising the minimum wage did help there's pros and cons to the decision. Obviously a pro would be that person is making more money.
Do you think that raising the minimum wage helped the economy?
I do believe it did because it raises the amount of money a person is getting which raises the amount they can spend.
Overall I believe it's good most of the pros outweigh the cons.
I agree with you I hope everything works out with it.
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