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Resources for Excellence Across the Curriculum


Madison Rivero: Is raising the federal minimum wage good for the economy?



In this presentation, I will be discussing the major benefits and disadvantages of increasing the federal minimum wage. The federal minimum wage has huge correlations to human rights issues like the decent work as well as economic growth. This is an important topic to research as there is a genuine possibility that the newest presidential administration could increase the federal minimum wage. In my research, I will be analyzing how an increase in the minimum wage could help consumers escalate their purchasing power and create a strong economic foundation. On the contrary, though, I will also be going over how a raise could create fewer jobs, and there is no evidence that soar in minimum wage will reduce poverty.

   About the Author-

Madison Rivero is an 18 year old college student in her first year at Miami Dade College. She is working hard to finish her degree so she can pursue her career as an accountant. After she graduates from MDC she hopes to complete her studies at the University of Central Florida.

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