How raising the minimum wage hurts those it intends to help
Generally, the argument for a higher minimum wage bases itself upon the conceptualized moral high ground that businesses are exploitative and must be coerced in order to pay a fair wage to their employees. At the argument’s core, minimum wage advocates intend to foster higher wages especially for minority communities and the poor. Unfortunately for these previously stated groups, the contrary is true. I do not doubt any of the compassionate intentions of those in support of raising the minimum wage. Rather, I disagree with the claim that this policy will actually help those it intends to.