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Benefits associated with increasing the minimum wage to $15/hour

What are the economic costs and benefits associated with increasing the
minimum wage to $15/hour. Consider any important non-economic factors
in your arguments.

Draft the memo from ONLY ONE of the following perspectives:

1. You work as an economic analyst at a conservative think tank and your
manager wants you to submit a memo to him opposing the increase in the
federal minimum wage. He needs it to help him prep for his participation on
Fox News� �The Kelly Files� later that week.

2. You work as an economic analyst with the NJ State Dept of Labor and your
supervisor is ordered into an urgent meeting with her bosses to discuss the
merits of increasing the state minimum wage. She wants you to write a memo
outlining the key reasons for increasing the minimum wage.

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