A civic issue is a problem that affects a community or city.The minimum wage. is a constitutional and civic issue that has been debated greatly by Americans and others. In U.S. history, these debates have resulted in many various efforts by the government and citizens. These efforts often impact American society with varying degrees of success. The current minimum wage in New York City is $15.00. Ever since the Great Depression, the minimum wage has been in effect in order to reduce poverty so that employees are paid a reasonable sum. Although the minimum wage can be beneficial and advantageous for individuals and to our economy as a whole, it can also be detrimental to our nation’s finances. The minimum wage was last increased on July 24, …show more content…
Roosevelt created the federal minimum wage, he established a federal minimum wage of 25 cents per hour, the federal minimum wage took place during the great depression in 1938. He created the federal minimum wage because to keep America's workers out of poverty and increase consumer purchasing power in order to stimulate the economy. People who have small amounts of money during their minimum wage job feel that they don't have enough money. For example, workers don't have enough money for buying food, going on transportation, housing, and healthcare. This also causes poverty across the country. The article from” The current minimum wage is not enough to allow people to afford housing, states”In most areas of the U.S., a family of four with poverty-level income can afford a monthly rent of no more than $694 and many cannot even afford that. . I agree with the author because the minimum wage increases the economics and impacts the benefit of the wage. Raising the minimum wage would help reduce the budget by lowering spending on other needs. Basic needs such as housing and food are important and can increase their living …show more content…
Some reasons why people disagree is because they can lose their business by going bankrupt and housing prices increase. Increasing the minimum wage would cause economic strain in many ways to workers already living in poverty. Another problem resulting from an increased minimum wage is that of potential job losses. Economists believe that increasing the minimum wage will increase the unemployment rate because if the cost of hiring workers rises, businesses are most likely to hire fewer employees to cut their costs. So, there will be a higher unemployment rate. The article from Landlordology states, " Raising the minimum wage causes a temporary spike in spending power and brings disadvantages to minimum wage workers and businesses. Raising the minimum wage also creates more jobs for more skilled workers, disadvantaged teenagers and those with less education and experience. Many argue that an increase in minimum wage will help guide low skilled workers out of poverty. That is not necessarily true, Many economists can agree that minimum wage jobs such as cashiers or a hostess are not jobs that are meant to support a family. If anything, by raising the minimum wage, it will put more people in poverty than guide them out of poverty. However, my claim for increasing the minimum wage is more beneficial because it helps citizens and decreases
In todays society minimum wgae is a hot topic that it heavily debated. The minimum wage is the lowest sum of money that companies must by law pay their employees for work-related services. Depending on the state or country you are in, the minimum wage is different, and it typically changes over time. Background
Also, it will increase drug use. Another reason is that if there is an increase in minimum wage it would encourage workers with less skill to stay at the same level of experience that they have because nothing is pushing them to get a better job or to earn promotions. If the minimum wage were to be raised, people who are in poverty and that is on welfare has almost all the support they need to get a degree and try for a better job. People that are on
James Letts Mrs.Murphy Writers workshop 2/17/23 Why the minimum wage should be raised The debate about raising the minimum wage continues to rage on in the United States, with no clear consensus in sight. Lawmakers have long avoided this issue, claiming that raising the minimum wage will lead to job loss and higher costs of living. However, the reality is that raising the minimum wage holds many benefits for both workers and employers, and should be a priority for lawmakers. Currently, the federal minimum wage stands at $7.25, and 21% of workers in the U.S. are making less than that.
Raising minimum wage in the United States would benefit over twenty eight million workers. Raising minimum wage would help businesses and would also give workers with minimum wage salaries more money then just enough to get by. The money these workers earn will go into businesses in and near their communities. Also the cost of living wages have increased throughout the years. With a minimum wage salary you have to work a forty hour work week without paying more than thirty percent of their income.
Raising minimum wage would hurt businesses and cause them to close. It could also be argued that raising minimum wage would bring the prices of items up. Nevertheless, the benefits that come out of raising minimum wage outweigh these reasons. Elevating the minimum wage will bring families out of poverty and provide a livable wage. According to America’s Unions, “Raising the federal minimum wage to $15 an hour by 2025 would raise wages of up to 27.3 million workers and lift 1.3 million families out of poverty” (It would also allow for people to be able to keep up with inflation and it would provide enough stability for the economy to grow.
The federal minimum wage should be increased because raising it would increase the economic activity and spur job growth, decrease poverty, and also improvements in productivity and economic growth have outpaced increases in the minimum wage. Increases in job growth and economic activity will happen when the minimum wage is elevated. If the minimum wage was increased it will “inject 22.1 billion net into the economy and create about 85,000 new jobs over a three year period”. (“Raising the Federal minimum Wage to $10.10 Would Lift Wages for Millions and Provide a Modest Economic Boost") Thousands of new jobs will be created and it will put billions of dollars into the economy.
. . The current value of the minimum wage in real dollars is at its lowest level since February 1956, when the lowest U.S. wage was 75 cents — the equivalent of $7.19 in June 2022 dollars” (Cerullo). The increase in the federal minimum wage and adjusting the price to compare with inflation would ensure that low-wage workers could adopt a standard of living that is equivalent to the current economy. The federal minimum wage should also be increased as it will allow minimum wage workers to afford basic living expenses. Currently, the minimum wage is not enough for people to afford housing and other necessities.
Minimum Wage There is not a minimum wage paying job that will let you earn enough money if we have unjust wages. The current federal minimum wage (FMW) is unlivable. It is too low for people to be able to have a decent life and afford most essentials. Raising the FMW will increase security in most aspects of life. The federal minimum wage should be raised to allow people to have stability in society and a livable wage.
When the minimum wage isn’t raised to compensate for inflation then people become stuck and are unable to move up in society because they have to pay more in order to live. If it costs more to live then minimum wage jobs become useless to move up in society because people are unable save money. Thus, minimum wage jobs will not help people move up in society and will continue to increase they wealth inequality between the rich and the
Since the Great Depression, there has been a minimum wage in America, but this minimum wage has changed 22 times since the Great Deprnbession. Many people say minimum wage should stay at $7.25 like it has been since 2009. Meanwhile, other people believe that minimum wage should be $15.00 so they can have more money to live comfortably. People think that a higher minimum wage will help, but it will hurt more people than it will help. If America makes the minimum wage $9.00, people will no longer be in poverty and it will make the economy balance out.
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.
There are a lot of potential benefits for an increase in minimum wage and on the surface it’s hard to see why you wouldn’t want to increase the wage. One of the clearest to see is that an increase to the minimum wage will also increase the spending for each household during the following years. So it works to help stimulate the economy in whatever area you increase the minimum wage. Along those same lines increasing the minimum wage will lead to a decrease in poverty as well. With the decrease in poverty you will also see a decrease in government spending on welfare items because the individuals receiving the higher wage in theory will be able to pay for these services/welfare items without assistance.
In the past three years, many politicians and labor unions have been pushing for an increase in minimum wage. Minimum wage is the lowest set wage by a law of a government body. An increase in minimum will benefit some people, and hurt others. An increase in minimum wage will cause benefit in the short run but will be very damaging to the economy in the long run. There should not be an increase in minimum wage because it is unhealthy to the economy in the long run and it will be the major cause of job loss, increase in inflation, competition, and the price level of goods and services.
The minimum wage ultimately reduces poverty nationally and provides a reliable and stable source of income for many, and without it, the social consequences would be far greater than if it were not to exist. According to Katzne (1961), the purpose of minimum wage is to raise the standard of living of the poorest citizens in a society. Minimum wage is to accomplish this objective by directly increasing the purchasing power of the lowest paid
Minimum wage was first established in 1938 by Franklin Delano Roosevelt, in an attempt to stimulate economic growth and create a better standard of living for the lower class. This attempt was fairly successful, but also has many consequences. You may be asking yourself, “how on Earth could setting a limit on how little you can pay someone be bad?” On the surface this statement seems logical, but if we delve deeper we begin to see many negative effects on the implementation of minimum wage. In our nation the minimum wage law almost seems out of place, like it doesn’t quite fit in.