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Minimum Wage Wars

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Minimum Wage Wars In 2015, the Illinois minimum wage is $8.25 an hour (Schreiber and Young). There are people in Illinois who want to raise the minimum wage to $15. The current debate for the increase in minimum wage is that, by increasing the minimum wage, cost of living will be easier to pay for, poverty levels will decrease, and produce income equality. This notion sounds like a good idea initially; however, what will the repercussions of raising the minimum wage most likely look like? Increasing the minimum wage will probably have the opposite effect of what is intended by its supporters. A $15 raise in minimum wage may result in job loss. “A 2006 review of more than 100 minimum wage studies by David Neumark and William Wascher found

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