Different Economy

The problem with raising the minimum wage in this economy is that it is less incentive for small business owners to hire people. A lot of small business owners higher people to reduce their work load, if they have to pay more to their employees in a time when business is down - they are more likely to exhaust themselves doing a lot more work rather than hiring people to do it for them. I'm not against raising the minimum wage, in principle; but I don't believe this is the right time to do it given the economy.