Discussion 2: "Raise the Minimum Wage to $15 per Hour"

Now that you understand something about how markets work, let's look at the labor market and the discussion today about raising the minimum wage. Please watch the video below entitled "Raise the Minimum Wage to $15 per Hour," by Robert Reich, the former Secretary of Labor. This is an opinion piece from his web site in 2014. (See video below.)

After watching the video you should post your opinion about one of the proposed benefits of raising the minimum wage to $15. Do you agree or disagree with the author's opinion and why? Try and use an economic concept that you have learned so far in the course to explain your point of view.

link: https://youtube.com/watch?v=GOqtl53V3JI&si=EnSIkaIECMiOmarE