INTRODUCTION
Calls for a $15 minimum wage have been increasingly vehement in recent history. Protests and demonstrations have been forming on both coasts for the increased wage standard that has eluded so many Americans. However, this paper will argue that a minimum wage increase of this magnitude could negatively impact the very people it is meant to help. Technological advances that allow employers to replace low-skill workers (such as Macdonald’s self-service kiosk or grocery store self-check-out aisles) will seem increasingly tempting in a world where labor becomes increasingly expensive.
WHY THE MINIMUM WAGE IS HELPFUL
The Economic Policy Institute notes that a large proportion of ...