Note this is not intended to be political, your conclusion should be rooted in economic ideas such as unemployment rates, productivity, labor market demand, economic profit, and long-term economic sustainability. Prompt: Using your understanding of the labor market, income distribution, and the nature of production, support or oppose former President Obama’s initiative to raise the U.S. minimum wage to $10.10 at the federal level. Research what the current position is on minimum wage? How has it changed since former President Obama’s initiative from 2014? (search on whitehouse.gov) for minimum wage to find the most current federal information
