For my survey project, I chose to talk about whether or not it is a good idea to raise the minimum wage. My goal for my research is to prove that it is a bad idea to raise it. While it is convenient for minimum waged workers to get paid more, it would not be for the rest of us. It would result in everything becoming more expensive. My main focus is on keeping the minimum wage at its current value, nine dollars. Handing out the surveys was not a big problem for me. Out of the thirteen people I asked, two people said no. One was in a hurry because he was late for class and the other was on her way to the bathroom. But besides that, approaching the students about taking the survey was a piece of cake. I walked around the quad multiple times until I targeted …show more content…
62% of the students I surveyed agreed with statement #4 that the minimum wage should be raised, 23% disagreed and the other 15% had no opinion. Also, 62% of the students agreed with statement #5 that an increase in the minimum wage would reduce employment, whereas the other 15% of students disagreed and 23% had no opinion. Not only that but 69% of students also agreed with statement #7 which stated that there is a difference between the minimum wage and the living wage, whereas 8% disagreed and the other 23% had no opinion. I found it odd that there were more than half of the people who support the increase but the majority of people agreed that it would also lessen the employment rate. It seems to me that most LAMC students support the minimum wage being raised. However, they are aware of the many downsides that come along with the increase. This leads me to believe that they want minimum wage workers to get better pay, their only hesitation is whether or not it would actually reduce employment or cause job loss. My conclusion is that the economy is not financially stable enough to increase the amount of every worker that gets paid minimum
We should raise minimum wage read below to find out why. In america their are 564,708 homeless people in we were to raise minimum wage to try and get rid of this amount of homeless people in america. Some people argue that raising minimum wage would make worker benefits be the first to go in america. This however is not true because these companies would be able to make more money because people would have more money and they can spend some on things they want. People would have a higher work morale because they would be able to make a lot more money than before so they would be more happy to work longer hours.
Minimum wage is a highly debated topic. Should the minimum wage be raised or should it stay the same? When there are 25 million people who would benefit from increasing minimum wage, why does the question so difficult to answer (Quinn, Castle, LaTourette, Morella)? When an answer can affect how people live their lives the answer should become easier to answer. Yet we have to think about what the outcome would be to each scenario.
Some think that we should raise the minimum wage, but others think that we should keep it just how it is. If I had to choose one side I would choose the side that says we should keep it as it is. I would keep the minimum wage just how it is because it would make it harder for people to create businesses if we raise it. Also, for job seekers it would be difficult to find a job that is available. Also because the economy is slacking businesses can’t raise prices for items they sell.
Since the election and reelection of President Barack Obama the increase in minimum wage has been a major topic for the United States. His proposal to increase minimum wage has sparked a lot of controversy with some Americans. Many believing that increasing minimum wage will have a negative impact on our economy and even our educational system. They argue that increasing minimum wages will harm the very people it was intended to help because it will increase housing cost as well as the price of consumer goods. They argue that it will decrease the high school enrollment rates at the same time increase dropout rates.
The opposing arguments about raising minimum wage is the increase will force a strain on companies and force them to slash jobs. Around two thirds of low wage workers work for large businesses like McDonalds, WalMart, Burger-King, and ninety percent of businesses like these are profitable the increase of minimum wage would not have a huge impact on these companies where they would lose that great of
The problem with all of this information available about increasing minimum wage is that they have a flimsy foundation; the intent is good but the methods and results are untrustworthy. If the United States were to raise the national minimum wage to a livable wage, it would have to be a slow incline and not all at once. There seems
The topic of our debate is “The federal should raise minimum wage”. I am going to define the following terms: minimum wage- lowest legal wage that can be paid to most workers ($7.25). I the affirmative team believe the statements are true, our following contention will uphold my point: • Living Standard • Economy Contention 1: Living Standard Raising minimum wage will help many people that are in “living wage”. Living wage enables workers that can’t support their life and their families with a low amount of payment they get. Nearly 8 million Americans go to work every day yet still live the poverty line.
I stand to believe that minimum wage should be raised. Would you believe that a worker’s beginning salary is the same as it was in 1999? It is! The thing crazier than that is the costs of living have tripled while minimum wage hasn’t budged a bit. It is outrageous people get paid the same amounts of money all these years but continue to raise prices and expect them to survive in the world.
In this article they are discussing minimum wage and the issue with how low it is and what problems it creates if we change it. I believe that if we change the minimum wage to $15 dollars an hour then prices for goods and services will go up because people are making more money and people will have more money to spend for goods and services. Also economic resources and natural resource that companies use to start up business would increase and natural resources are already limited. If we raise the price of goods then we are not really helping the economy, the economy would just become worse or be the same because of inflation and the raising of goods and services. We also have plenty of other problems such as the national debt to get rid of before getting raising the minimum wage.
In conclusion, a federal minimum wage increase will significantly improve the standard of living of low-wage workers. To meet their basic needs, workers must be given a living wage. It is not only morally correct to do so, but also beneficiary to both ends. The increase in wages allows for a more supportable income, but it also stimulates the economy.
Ever since I was young I have heard people around me debate if raising the federal minimum wage was a good idea. I have come to understand that people are either very in favor of the raise of minimum wage or not at all. From listening to other people’s conversations I’ve come to understand that Democrats tend to always argue in favor while Republicans argue against. I have always thought that raising minimum wage would benefit the people struggling to support themselves. I have began to question if raising minimum wage would actually be beneficial.
Increasing the minimum wage would rise economic activity and spur job growth. It could also reduce government spending and lessen income, race and gender inequality. Despite the good intentions, it is ineffective and minimum wage is a uncertain policy that should be questionable for anyone concerned with the troubles of the poor. Minimum wage does not help to solve the poverty problem. If labor market has no restrictions, the wage would adjust so that anyone willing to work could find a job.
This literature reviews how the minimum wage is benefited to the workers, local businesses and the government. This paper explains several reasons how the workers get motivated, more jobs are created and how businesses can save money on labor. And make the business more popular in the society. “28 million people will be benefited by the minimum wage increase across the country. Raising the minimum wage will put more money in people’s pocket which will pump back into economy by spending it on goods and services in community” -- President Barack Obama.
In order to make a profit off of a product a company must make more than they are spending. So when it comes to spending on wages companies cannot be paying them more than their income. If companies were forced to raise the minimum wage many of them would find themselves laying off workers, especially those of the lower skilled employees. As much as a 3% reduction of low skilled workers can be projected with an increase of 10% in the minimum wage (Negative Effects). An American Apparel store in Los Angeles had to lay off 500 workers because of the recent city increase to $15 an hour (Sherk).
With the gap between the rich and poor ever growing and the cost of living on the rise many people agree that it’s time to raise the minimum wage again. Many people agree with the increase in pay,