I took economics in high school, and the main argument against raising minimum wage is pretty obvious if you think about it. If a company has to pay their average employees a higher wage, they will inevitably end up cutting jobs to compensate so that they don't end up losing money because of it. So in the end, raising the minimum wage results in a slight increase in unemployment. With the economy as it is now, raising the min. wage would be a castrophe. Its no wonder that most companies see it to to their advantage to cut jobs here in the US and outsource jobs to people over in Inda, etc, who would be very happy making the equivalent of 20 cents a day (I dont know exactly how much they get paid, Im just guessing..).