In America, there is a high percentage of homeless people and people living in poverty. So, if the minimum wage increases, it will help reduce poverty for families living in homeless shelters. It will help assist students financially during college by managing tuition, housing, food and tuition costs. In the contract, in the article “Reduction of the minimum wage”. James, Skerk. “The Story of Skerk James; “He follows labor policy at the Heritage Foundation, argues that raising the minimum wage will not stop poverty. Instead, it will push employees to reduce working hours and give fewer jobs to low-income workers. If an employee earns a lot of money, there is no way for him to reduce his working hours. This will motivate workers to put more time and effort into their work so that they can enjoy workplace benefits. So, if the rich and the poor earn enough, there will be no difference in classifying the rich versus the rich