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Latimer wins NY-16 primary, CBS News projects, beating incumbent Bowman
CBS News projects George Latimer has won the closely watched Democratic Primary Election in New York's 16th Congressional District, beating incumbent Jamaal...
Arguments
C) States with minimum wage increases saw 44% larger real wage gains[3]
D) Science research has found that increasing the minimum wage decreases crime. Increasing the minimum wage to $12 would reduce crime by 3-5%[4]. This provides 8-17 billion dollars in savings.
E) There several reasons why minimum wage increases are a net positive for the economy and job growth.
1- Higher wages are linked with higher happiness and happiness increases productivity.[5]
2- Higher wages reduce employee turnover. This saves money on training new employees and having untrained employees working inefficiently.
3- It transfers income from the rich to the poor and the poor spend more of their money.
[1]http://thinkprogress.org/economy/2014/07/03/3456393/minimum-wage-state-increase-employment/
[2]http://irle.berkeley.edu/seattles-minimum-wage-experience-2015-16/
[3]https://mediamatters.org/blog/2016/09/06/new-research-greatest-low-wage-earnings-gains-came-states-raised-minimum-wage/212862
[4]https://www.theatlantic.com/politics/archive/2016/05/raise-the-minimum-wage-reduce-crime/480912/
[5]http://www.washingtonpost.com/blogs/monkey-cage/wp/2014/05/14/does-a-higher-minimum-wage-make-people-happier/
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