I personally think it causes unemployment and limits job opportunities for new workers just entering the workforce not to mention raises prices for everyone practically eliminating any financial gain.
Select age and gender to cast your vote:
Do you like talking to robots on the phone? Pumping your own gas? Shining your own shoes? Thank the minimum wage for making the paper boy a criminal for daring to sell his labor below the price the politburo deems ‘just’
It’s a tool politicians use to buy votes. All it does is increase the general price level soon skilled workers will demand more pay and eventually value will stabilize again and the poor making a higher wage will once again be poor unless they learn new skills and move up the job ladder.