Minimum Wage Hike For Michigan Workers and College Students Not Enough To Live On. Politics and small business owners around the United States say that raising minimum wage will hurt the economy because the will not be able to hire an abundance of employees because of rising operating cost and expensive wages. They also cite that this will put small businesses out of business and they say that major corporations (like McDonald's Subway and Burger King to name a few) should get tax breaks instead of raising the wages of those in poverty and in the middle class. economics, minimum wage, Obama, politics, Politics, Minimum Wage, news, money, labor, work, experience, government, minimum wage in Texas, minimum wage increase, minimum wage Seattle, minimum wage California, minimum wage increase, minimum wage increase 2014, finance, congress, united states, Barack Obama (US President), President Obama, Ron Paul, Rand Paul, wealth, supply, demand, value, wages, prices, public policy, salary, employee, markets, kids, News, World News, The Fair Labor Standards Act, History, US History, Economy, Business, America, USA, Fiscal Cliff, raise minimum wage, campaign, unemployment, job growth, layoffs, media, Gallup poll, poverty, fast food minimum wage, us job growth, national minimum wage, fast food protest, taxes, free, fast food strike, wage, minimum, employees, earnings, jobs, gas, construction, illegal, law, training