Many dissatisfied people suffer in the economy due to their income and minimum wage. In a CNN article, the story of Kevin Burgos, an American working father suffering financially from the current economic situation, is used as an example to support the idea of ​​raising the minimum wage. Kevin works full time as an assistant manager at a fast food restaurant, earns above minimum wage and brings extra money into his home. However, his salary and extra money don't fully pay for his simple living expenses. In fact, he is missing $600 every month, which makes his family of five suffer. His story highlights income inequality and how minimum wages do not reduce it for many. Kevin and many others who can relate, join him in the strikes, so that lawmakers can close the income gap. Having said this article, a debate opens on whether or not to increase the minimum wage. I think the minimum wage should not increase currently because it would increase the chances of structural unemployment, cyclical unemployment, labor costs and more. I will lay out the arguments on both sides, as well as their pros and cons. As Amy Glasmeier, a professor of economic geography at MIT, said, “The minimum wage was never intended to be something people could live on.” 1 The minimum wage and minimum wage are not parallel. The economy could deteriorate due to the increase in minimum wages depending on the weather. The first thing to look at is how the minimum wage is actually determined. There is no specific formula to determine this. It is determined by a group of legislators, business leaders and economists who consider the current social and economic position to make an adjustment, if necessary.2 Factors that would play an important role in finding the lowest end...... paper . .....satisfied, while maintaining stable prices. In conclusion, an answer to Kevin Burgos, adjusting the minimum wage by increasing it even more would help him in the short term, but would cost him even more in the long term. Especially for teenagers and young adults, who will find it very difficult to get hired as low-skilled workers, the chances of getting hired for his three children who grew up in the recession would also decrease. The best tip for preventing poverty is to look into the earned income tax credit, but Kevin will need to experience more to close his income gap. An entire economy cannot change to make a small percentage better while making the majority of people above the poverty line worse. The economy is better when it is self-regulating and not controlled. Right now, as your wages go up, so does the cost of living, so you're actually spending more.1