Here’s What Would Happen If We Raised Minimum Wage | Business Insider Explains | Business Insider // TRAIN BRAIN

Here’s What Would Happen If We Raised Minimum Wage | Business Insider Explains | Business Insider

The federal minimum wage has been stuck at $7.25 since 2009. Democrats want to raise it, but business leaders say it will tank the economy. Here's what's at stake.
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CHAPTERS:
00:00 - Intro
00:33 - The First Minimum Wage Is Set
00:42 - State Minimum Wage Vs. Federal Minimum Wage
00:57 - Businesses Pay Workers More Than Minimum Wage
01:29 - Why Advocates Want To Raise Minimum Wage
01:55 - How Seattle Raised Minimum Wage
02:08 - Results Of Minimum Wage Hikes On Jobs
02:32 - The Congressional Budget Office Minimum Wage Calculator
03:00 - How A Minimum Wage Hike Could Impact Prices
03:15 - How Much We Should Raise Minimum Wage
03:57 - Credits
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Here’s What Would Happen If We Raised Minimum Wage | Business Insider Explains | Business Insider

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