Changes

The '''minimum wage''' is the lowest wage that an employer may legally pay their workers. Minimum wage laws are most often supported by [[socialist]]s. These laws

The '''minimum wage''' is the lowest wage that an employer may legally pay their workers.

are generally presented as being in the best interest of workers, using the argument that if companies are not allowed to pay employees any less than a certain amount, then each employee is guaranteed to get that amount. In practice, what employers typically do is simply not to hire additional workers at all, and sometimes even existing employees must be laid off:

These laws are generally presented as being in the best interest of workers, using the argument that if companies are not allowed to pay employees any less than a certain amount, then each employee is guaranteed to get that amount.  

In practice, what employers typically do is simply not to hire additional workers at all, and sometimes even existing employees must be laid off:

*The Employment Policies Institute, a business-friendly non-profit based in Washington, D.C., argues that "economic research has shown time and again that increasing the minimum wage destroys jobs for low-skilled workers while doing little to address poverty."<ref>[http://blogs.forbes.com/moneybuilder/2010/02/24/seniors-pushing-young-adults-out-of-the-workforce/]</ref>

*The Employment Policies Institute, a business-friendly non-profit based in Washington, D.C., argues that "economic research has shown time and again that increasing the minimum wage destroys jobs for low-skilled workers while doing little to address poverty."<ref>[http://blogs.forbes.com/moneybuilder/2010/02/24/seniors-pushing-young-adults-out-of-the-workforce/]</ref>