Identify and explain one argument (pro or con) related to the chosen issue; either summarize an existing argument or construct an original one.

.ct m5a1: lasa 2: final argument paper

An argument in favor of increasing the minimum wage is that it can help reduce poverty and economic inequality. Raising the minimum wage could boost wages for low-wage workers, which would lead to an increase in income and purchasing power. This, in turn, could lead to less financial stress and more money being put back into local economies as those with higher incomes are likely to spend more. Additionally, raising the minimum wage can also have a positive impact on employment levels as businesses may be incentivized to hire more people due to increased consumer demand resulting from increased purchasing power. Furthermore, raising the minimum wage also helps level the playing field between large corporations who can afford to pay their workers well and small businesses who may struggle due to lack of resources or access to capital.