Minimum wage should not be raised because it is not an income that someone sold live off of. Minimum wage in the country is currently $7.25 but some states have changed it in a way that is way too much. For example Washington state currently has the highest minimum wage at $9.32 that’s a $2.07 increase to the current amount minimum wage. Seattle is currently considering to raise their minimum wage to $15 it’s understandable that the city is very large and things cost more money but if they raise minimum wage to $15 that will only bring inflation causing things to cost only more money than it already does. If there is one thing that should not be done to the country it is to cause inflation.
Should the Federal Minimum Wage be Increased? Have you ever thought that you wanted a raise at work but did not have reasons? In this essay you can give your boss these reasons and get more money. The minimum wage in 2012 was $7.25. The minimum wage is a large-scale reason of poverty.
The main reason for siding with Hanauer is that he is thinking about how many people can get an upper hand with a wage increase. His viewpoint is the minority of those in his status as a highly successful businessman, as when businessmen are questioned about raising the minimum wage, they mostly argue for the opposition. Their arguments usually state how their businesses will suffer; such as the fact they will be losing money due to the increase they’re being forced to pay workers. This most likely won’t be the case because money is forever changing hands and giving more money to minimum
Bill Quigley’s Top Ten Arguments for Raising the Minimum Wage argues that since the impact is so negligible there should be no reason businesses can’t afford it. He also addresses the “free market” system stating it will not take care of the workers. He points out the special tax breaks for businesses and states that this is nothing compared to raising wages, but this has yet to be done. Overall they seem to all agree that the workforce should be paid more, but do not agree how this should be enforced or even encouraged. Quigley very clearly believes in a minimum wage hike, stating that businesses will not take care of the people.
Compulsive consumers are the target audience of the essay “Buy Nothing Day 2012 is Approaching, Could You Stop Spending for One Day?” but in general it is addressed to all residents. The purpose of Mark Boyle is to explain his readers how important is that obsessive consumers begin to reduce their spending. To achieve his goal the author tries to persuade his audience with the use of examples that show the most important benefits of living “completely moneylessly.” For example, workers would not be forced to work in places where they are not satisfied because of the need to have higher wages. Another evidence he uses is that if individuals effectively demonetized their daily lives, they would learn to value more important aspects of life, such as enjoying real interpersonal relationships. Mark Boyle is highly convincing with his argument because he supports his claim with different well-founded evidences and real
Sanders also wanted to spike the minimum wage to be $15 in 2020. That might seem good, but it is actually not, a minimum wage of $15 would mean an increase in unemployment because most companies don’t have enough money to support that many workers and it would also mean an increase in everyday items. Most of Sander’s decisions have a great impact across the world and the economy and most of it isn’t going to be approved by the Congress, especially the republicans. The government doesn’t want to waste that much money on the people. Bernie Sanders being the president might mean a lot, but his chances of winning are very slim.
While some citizens believe that a $15 raise will help the economy, the author comprehends the negative consequences of any federal minimum wage increase on the economy. Holzer also defends the idea of a massive increase on in not only unemployment rates, but common household items, as well.
He believed that it was not the place of the federal government to tell companies how much they should pay their workers. Along with this, Reagan thought that companies would naturally raise their wages in order to keep their employees from going to other employers with higher wages. Competition between corporations would cause the salary of civilians to go up and the minimum wage would be irrelevant. Theoretically, this may work, but it failed and not create a safety net for citizens. Some workers would have no choice but to work minimum wage and this amount of money is barely possible, if not impossible, to live on.
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.
Small Businesses could go out of business if we raised the minimum wage to a higher price. This is a widely debated subject of money, income, and the effect raising the minimum wage can have on businesses and the economy. Currently, the federal minimum wage is seven dollars and twenty-five cents and have been established that way since 2009. It has been said minimum wage should be increased to accommodate living expenses and travel time to places of work. The problem with raising minimum wage , that many people do not realize, is how it affects big and small businesses.
Argument against Minimum Wage Claim: Raising the minimum wage could lead to bigger problems. Support: The US would lose 500,000 jobs (Congressional Budget Office report, Economist and public policy experts ) Increased consumer prices, driven by companies offsetting increased labor cost (Econo-mist and public policy experts). A possibility higher minimum wage would attract more experience workers that would stay in a low paying wage longer, which makes young people and other people with lim-ited work experience not land entry-level jobs (Economist and public policy experts). Backing: Some think it will make skilled workers comfortable and stay where they are, and not want work their way up the pay grade. According to Allen Sanderson
The wage rate would be so high employers would not be able to afford all the money they have to pay out to the workers, so they have to cut off some people. Contrasting that thought, a quote that states “increasing the minimum wage may also spur businesses to operate more efficiently and employees to work harder.”. This quote is stating that if there were less employees than the employees are going to work harder as it is technically more economically efficient that way .Yes, this is true, but they will “ have” to work harder to keep up with the same amount of output as before because 5 is more than 3 as hard as that is to picture. This also places a larger responsibility on the remaining few because now if there is a weak link then the ship is really going to sink. Plus, in the bigger picture people are losing their jobs from
Raising the minimum wage, a topic that has been plaguing the nation for years has finally made its appearance in Los Angeles. Many people argue that raising the minimum wage is helping everyone, distributing the nation’s wealth more equally, but that is definitely not the case. Raising the minimum wage to $15 an hour in Los Angeles County is a double edged sword, helping many lower-income workers, but harming more middle class employees and employers. The intent of raising the minimum wage is to help many lower and middle class people. But, by raising the minimum wage to $15 an hour in Los Angeles County, the city is raising the standard wage by more than 50% within the span of 5 years.
An issue that is hotly debated is whether or not the current minimum wage, which is $7.25 an hour, should be raised or kept the same. President Obama thinks that raising the minimum wage to $10.10 an hour would be a good idea, but others oppose the idea. Raising the minimum wage would not be a good idea for several reasons. Some people believe that raising the minimum wage could possibly do harm to the economy that is already recovering from the Great Recession, however, others say raising the minimum wage would boost the economy. According to the article “Should the Minimum Wage Be Raised”, raising the minimum wage could cause businesses to have to cut the hours of workers, fire them, or higher fewer of them in the future (Smith).
When people think about raising the minimum wage most of them are excited because their check would have more cash, but, they don’t think about the bad effects that it will cause other employes. Minimum wage is the lowest daily or monthly remuneration that employers may legally pay to workers. In California raising the minimum wage has become a big argument between those who think raising would have more cons and those who think they have more pros. Despite the fact that people think raising up the minimum wage will help many people get out of poverty. I do not support raising the minimum wage, and the reason is as followed.