Two experts debate the potential consequences of raising the minimum wage
The video “Two experts debate the potential consequences of raising the minimum wage” was published on the CNBC website in June 2019.
Viewpoints in this source
The source shows two opposing views when it comes to raising the minimum wage in the US at a federal level. Genevieve Wood, a senior advisor and spokesperson for the Heritage Foundation, believes the minimum wage should not be raised. Chris Lu, the deputy labor secretary, believes a raise would be beneficial.
Raising the minimum wage will lead to job loss
In the video, Genevieve Wood talks about a 2016 analysis that showed that doubling the minimum wage from 7.25 to 15 dollars would lead to s...