&#62; So the people who are most affected by changes to the minimum wage are teenagers who aren't paying for food and shelter, but looking for disposable income.<p>&#62; Ergo, cutting the minimum wage won't be a boon for new jobs nor will it be cutting anyone's standard of living.<p>Not so fast.<p>Many of those teenagers are learning to work, which makes their future labor more valuable.  If they don't get such skills, they'll never be worth employing.<p>Also, some of those teens are contributing to their household's income.