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Are you in favor of a minimum wage increase?

Before you answer, please consider the arguments put forth in this article

If you do not want to read the whole article, here is the most relevant excerpt:

In other words, while $15 an hour might sound like a great way to help the country’s lowest-earners, the reality of the situation isn’t so simple. Employers will go out of business if they consistently pay workers more than the revenue their work brings in. If the minimum wage is higher than a worker’s marginal productivity, the employer will have no other choice than to lay him or her off.

Pugh believes that a city-wide raise in the minimum wage could very likely cause Baltimore businesses to shut down if they are unable to afford the higher wages. Additionally, with so many workers vying for these “too good to be true” jobs, many Baltimore residents will likely look for jobs elsewhere, causing many to relocate in nearby Washington D.C. or Virginia, and taking revenue away from the city.

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