I believe that the minimum wage in Pennsylvania should increase from $7.50 to $10.00. Why so? I feel as though teenagers, specifically freshmen in college should earn a more decent pay whether they work at a typical job, such as Burger King and Dunkin Donuts. More like fast food restaurants comply within this topic. I specifically aim for freshmen, or even college students because they need a well, decent pay whether they are struggling with financial problems, such as the need to pay for their tuitions, textbooks, and school supplies! As a first-year college student, I relate to this significantly because money does play a big role in society nowadays. It’s always been like that for years now. I feel as though we need a change at least with …show more content…
The people who are against the increase of minimum wage often argues that it will harm young adolescents the most, and that they will need the experience of working at the minimum wage. It is significantly unfair with other states, such as California and Massachusetts. The minimum wage for these states gives other states a disadvantage in the economy. I feel that every state should have the same price range of minimum wage just to make every state feel that they are equally the same without any disadvantages. Raising the minimum wage is something that should’ve been done a long time ago. By doing so, raising wages will actually help solve this as credit reliance will drop, and people with newfound spending power will be able to go out and buy what they want and desire. Let’s say that a student (specifically a college student) has to worry about grades, and can hardly balance their work-life. But however, that student can’t quit his/her job because that person needs help to pay for their college tuition. Financial Aid is helping her lower her tuition money, but however will soon graduate with a large amount of student-loan debt, which is a college student’s worst nightmare! Even with the loans, financial-aid package and assistance from his/her parents, not having a job is not the option. Being paid with the federal minimum wage that is currently $7.25 per hour is not very amusing to most college students. Not only tuition is the only …show more content…
Today’s minimum of $7.25 an hour is worth 25 percent less than the minimum in the late 1960s. From research, a full-time, minimum-wage worker earns about $15,000 per year, which is below the federal poverty line for a worker with just one child. We need to raise the minimum wage to the point where the lowest-paid worker can afford their basic needs, such as food and other necessities. An increase to $10.00 an hour as proposed by President Barack Obama would actually reinstate the wage factor to the same value it had back in the 1960s. In doing so, it would lift earnings for nearly 28 million workers nationwide roughly 1 in 5 U.S. workers. It’ll especially help college students significantly with tuition money, textbooks, school supplies, food, and car expenses. It’s ridiculous how our minimum wage in Pennsylvania isn’t the same with California’s wage (which is $10.00). It is truly unfair, and I feel as though this is something that I believe in for the residents in
Should government raise minimum wage? Minimum wage is set at $7.25 an hour, and if minimum wage was raised to $15 an hour such as in California, California 's law will affect both a much larger number of people, and a much more diverse population of workers than any other measure to date. A few reasons why raising minimum wage is a bad idea is because current employees who get paid the minimum wage would be obligated to do more work. To keep labor costs low, these employees would have to take on additional duties and responsibilities to make up the difference in hours available. Since more people would be willing to work for more pay, the current workers would be likely replaced by higher quality workers or automated systems.
Yet, fast food where all one needs is either a GED or high school degree and no college requirement is needed wants to make $15 an hour. Which to choose: raise minimum wage or keep it the same at $7.50 an hour? States that have officially passed for minimum wage to $15 an hour are as follows: New York, Seattle, San Francisco, Los Angeles, and Washington D.C. New York’s minimum wage by the end of the year will be raised to $10.50 an hour and by the year 2018, the minimum wage will increase to $15 an hour. Seattle’s minimum wage will increase to $9.32 by the end of the year and will increase to the $15 an hour by 2017.
Raising the minimum wage has been one of the biggest debates during the 21st century. One side of the spectrum argues that raising it will make it so they have a living wage, while the other argues that raising it will hurt the economy. Whichever the case is, people are clearly divided on this issue. Before Oregon passed the 15 dollar minimum wage law, people wrote arguments to try to either prevent or pass this law. The article, “How a $15 minimum wage would affect a real business: Guest opinion” by Lee Spector argues that raising the minimum wage would hurt small businesses like the one he earns.
Minimum Wage Laws in America As cost of living continues to rise across the United States, America’s minimum wage remains the same. With a gallon of milk closing around four dollars and federal minimum wage at $7.25, one can understand how the minimum wage can be troublesome for our working class Americans. States such as California, New York, and New Jersey have some of the highest food and rental cost in the country. We must find the right balance and compensate for inflation, otherwise our lower class citizens will keep on struggling to support their families and themselves.
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.
$7.25 for an hour of energy, an hour of labor, and an hour of your life you won’t ever retain again. Is it too low? Is too high? Why would people want to their government, provider of protection and justice, to raise the wages for those who do the “little mans” job? According to the research done prior to this paper, yes the government should raise minimum wage.
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.
Minimum wage and poverty With everything going on with the Walmart workers picketing for fifteen dollars an hour wages, the topic is widely discussed with many people taking many different sides. The essay “Raising the Minimum wage will reduce poverty” By Sharon Parrott and Jason Furman, They go into how they think the minimum wage should be raised in order to decrease poverty in america, Of course there are reasons to raise it and reasons to not raise it. Yet with the multitude of reasons for and against it, it’s hard to make a decision that makes everybody content, Some of the reasons not to raise it include, Raising it can make prices for everyday items go up, Why go and spend thousands of dollars on college when you could get a decent job right out of high school, and Why let workers who work at unskilled jobs make as much if not more than the military. Some reasons for minimum wage raising is, The fact that the cost of living is higher means people can’t survive with minimum wage without federal care, And just helping people get back on their feet when they couldn’t find a job. The reasons Minimum wage shouldn’t be raised outweigh the reasons it should.
Minimum wage has always been a hot topic for debate. Recently, though, the fire has been fueled even more than usual due to the Obama administration’s proposal for an increase in the minimum wage. The fiscal 2015 budget calls for a raise of the current minimum wage of $7.25 an hour to $10.10.
For many people, they wake up in the morning to go to a nine to five job. Some of these people work 40 hours a week only to earn around $7.25 per hour. That is the federal minimum wage, and it is unconscionable. Earning fifteen thousand a year is a surviving wage. If the wage was increased, these people would live more comfortably.
Loans allow receiving a college education seem like a smoother process considering that such a hefty amount to pay is divided so that it can be paid for in moderation. Despite the fact that it’s split into many payments, it’s still a large quantity all in all so unless indebted students aim for high income jobs, there would many years of difficulty to come after college. For this reason, undergraduates make it their goal to go after jobs which would prevent them from being constantly pressured to pay off debt. Thus, student debt is both a crisis and a reason to encourage persistence towards greater ambitions (Hillman, 41). It is a tremendous thing when a student seeks to be financially comfortable or even rich in the future but not when it is for the wrong reasons.
This would make it where people wouldn 't have to live paycheck to paycheck. Raising the wage slightly would also make it so the price of goods wouldn 't have to be raised. The Economic Policy Institute stated that a minimum wage increase from the current rate of $7.25 an hour to $10.10 would inject $22.1 billion net into the economy and create about 85,000 new jobs over a three-year phase-in period. This raise increase would be easy to implement and would help the economy. By implementing this new minimum wage many problems in America can be solved.
This poses the question: “Is the current minimum wage a livable wage?” The answer, unfortunately, comes back negative. The current federal minimum wage, at $7.25, is worth nearly 38 percent less compared to 1968 when the federal minimum wage was valued at its highest ($11.72 in 2016 dollars). Given the facts, it is justifiable to raise the federal minimum wage as it would amount to a more livable wage, stimulate the economy, and provide better circumstances for workers of color and women.
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.