Minimum Wage

I believe that minimum wage should not be raised. Huffingtonpost states that if the minimum wage gets raised to 15 dollars, families will be out of the poverty level and make more money to support their families. Which is true to a point, but if this happens the minimum wage is raised then all the goods will be raised also. Making everything inflated so there will be not much of a change. Salon.com says that it will be "good for the economy"  because with more money being made, it will mean more money into the economy and fix the government debt. Which is not true because just because the price goes up does not mean that there will be more money. All it does is raise the price on everything from food to gas to home products. I think that huffingtonpost has a point where they say that 47 million Americans live in poverty and that an increase in minimum wage will fix that. But they are not thinking about the inflation that occurs with that. As I said before the increase in minimum wage will just raise taxes and products value and actually cause more people to lose their jobs because the companies can't afford to pay the increase in minimum wage. So in conclusion raising minimum wage will not help because since the salary goes up the inflation that occurs goes up as well. 

1) http://www.huffingtonpost.com/lawrence-wittner/the-minimum-wage-should-b_b_4251211.html

2)http://www.salon.com/2012/07/30/top_5_reasons_why_raising_the_minimum_wage_is_good_for_you_and_me_salpart/

3)http://www.usnews.com/opinion/blogs/economic-intelligence/2013/03/11/raising-the-minimum-wage-wont-help-the-poor