Federally Mandated Minimum Wage is a Bad Idea

4:00 Point #1: It doesn’t consider varying living expenses within states

6:19 Point #2: It sets the precedence that government can medal in individual affairs

9:27 Point #3: It disincentivizes growth, expansion, and career progression

14:40 Point #4: It prices young people out of work

19:23 Point #5: It puts millions of people out of work

24:11 Incurring $54 billion of debt

26:18 An increased cost of living and inflation

27:35 An increased spending for employment benefits

29:00 Your moral obligation to look after those under your care

Federally Mandated Minimum Wage is a Bad Idea | FRIDAY FIELD NOTES