Top Pro & Con Arguments
Raising the minimum wage would reduce crime.
According to an Apr. 2016 study by the Executive Office of the President’s Council of Economic Advisors, “higher wages for low-income individuals reduce crime by providing viable and sustainable employment… raising the minimum wage to $12 by 2020 would result in a 3 to 5 percent crime decrease (250,000 to 540,000 crimes) and a societal benefit of $8 to $17 billion dollars.”A 2013 study found that living wage ordinances “lead to modest reductions in expected robbery, burglary, larceny, and MVT [motor vehicle theft] rates.” Researchers who studied crime rates and the minimum wage in New York City over a 25-year period found that “[i]ncreases in the real minimum wage are found to significantly reduce robberies and murders… a 10 percent increase in the real minimum wage results in a 6.3 to 6.9 percent decrease in murders” and a 3.4 to 3.7 percent decrease in robberies. Read More