Is It Time To Abolish the minimum Wage? What would happen if on that point were non roundabout stripped-down engages? Would the unemployment lay growth or drop? Would businesses around the terra firma grow because of the increase profits? Minimum wage was found so that employees would contact a lovely wage for their sound. No, it is not time to extinguish the marginal wage. If on that point were not a set minimum wage companies could redress their employees what ever they felt like pay them. Of course, they would not be able to go too baseborn or the employees would just leave and then the company could go under, however it could possibly be lower than what the minimum wage was set at in the first place. The cost of livelihood would contract to go down if there were to be no set minimum wage otherwise much(prenominal) and more people would call on poverty stricken by the fulminant loss of income. The unemployment rate would increase greatly if we were t o abolish the minimum wage because no iodin would want to work for little than what they were being pay for working the same gambol. If no one wanted to work the same job for lower pay then the businesses would resume going out business. It would just be a vast domino affect that would cause more trouble than salutary at least for the American citizens any stylus. smuggled immigrants would soak up a hell of a time with exclusively the job opportunities opening up. Abolishing the minimum wage is not the way to go. I do not know what is, but there has to be another way to solve the issues that we are facing. Unless we narrow give up of the minimum wage and the government wants to step in when everything starts go apart taking more control of the country and everyone in it then maybe it would work.If you want to get a expert essay, order it on our website: OrderCustomPaper.com
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