Living on Minimum Wage

Minimum wage is much more complex than it seems. If you increase minimum wage, people get laid-off, companies charge more, and inflation can occur. If you lower minimum wage people can not make a living off of minimum wage. It's very touchy, but the current minimum wage of $7.25 still isn't enough to live with. After watching 30-days with Morgan Spurlock where he tries to live with minimum wage for 1 month. His wife and him barely scrape by. It's extremely tough but when his wife has to go to the hospital and pay hospital bills it puts them over the edge. You can scrape by with minimum wage but if there is any sort of emergency it's nearly impossible to have the money to take care of it.