Elections & Politics
Higher wages could mean fewer jobs
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By Dimitri Babalis & Olivia Rubick
MI First Election
The 2016 presidential election could have a big impact on the minimum wages. Raising it could have a ripple effect, increasing unemployment, which could depress investments and individuals’ economic statuses. Throughout debates, candidates Hillary Clinton and Bernie Sanders have said they want to raise the nation’s minimum wage. Donald Trump has gone back and forth on the minimum wage and most recently said it should be decided by the states. Michigan State University Business and entrepreneurship professor Kenneth Szymusiak praised what Barack Obama has been able to do in his two terms in office, but is uncertain about what the next president will bring.