This position frames the minimum wage as a way to reduce government spending. It argues that paying workers a wage floor lessens their reliance on social safety nets — cutting the cost of welfare programmes — while also providing a stronger incentive to work.
Supporting arguments · 2
- The minimum wage provides an incentive to workA legal minimum wage that pays workers more than they would earn on government unemployment programs incentivizes work.
- Minimum wages reduce the costs of social programsGovernments can reduce spending on social programs as the private sector pays low-earners a higher wage.