<human>: I've heard that the government is considering raising the minimum wage. What are the pros and cons of this idea?
<bot>: 

Pros: Raising the minimum wage could help reduce income inequality, as it would provide a greater financial cushion for low-income workers. It could also lead to higher wages overall, which could increase consumer spending and stimulate economic growth. Additionally, increasing the minimum wage could encourage employers to hire more people, especially those from disadvantaged backgrounds who may not have other job opportunities.