No one will want to see their wages go down. Furthermore, it seems very unrealistic to reduce someone's wages for the benefit of the economy. However, Michael Saltsman says: “Let's make hiring teenagers less costly for private sector employers. Let’s lower their minimum wage.” lowering the minimum wage would bring as many problems as solutions. For example, our young people would have jobs and our unemployment rate would go down, but people who are currently employed would be strapped for money. This is why the minimum wage should remain as it is, because whether you want to increase it or decrease it, both will have a negative effect on our economy. However, we could gradually reduce it in small amounts, which would have less negative effect. This would give our economy the ability to adapt to changes without major problems.