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Raising minimum wage doesn’t reduce poverty

You want to lessen poverty, try investing in practical education.

Raising minimum wage doesn’t reduce poverty

Dara Quast, thankfully you do not own a business or hold elected office. Raising minimum wage is simply a play to buy voters with their own money. Yes, most voters fall for it and are worse off because of it. It has no impact on reducing poverty. It reduces the number of jobs available, impacting teens and the most vulnerable in the workforce.

You want to lessen poverty, try investing in practical education. Trades are a particularly good example. “Skilled Trades hourly pay ranges from approximately $20.05 per hour for Warehouse Worker to $45 per hour for Mechanic”(ca.indeed.com)

The other big thing is to allow industry. Needless bureaucratic hoop jumping makes it near impossible for the average person to start a business. Excessive regulations just protect large multinationals from competition. Micro loans and programs that help with a business plan empower the individual to be in control. Don’t like your boss, become one.

S. Innis

Duncan

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