In the article, “Minimum Wage Laws Are Immoral and Harmful”, it’s easy to identify that the issue is, should raising the minimum wage be abolished? As explained, it’s not essential for there to be a raise on minimum wage because many of whom insist for a higher wage do it because of moral beliefs. Those who ask for a higher wage tend to be the ones who like to rely on the governments assistance and do little to nothing to better themselves. This may even cause for employers to fire young and inexperienced employees whom don’t show value in the workplace so that those who show potential can keep their job. Raising the minimum wage would be the cause of the increase of the price on food, shelter, medication and clothes. Business owners have the right to run their business the way they want with the terms, goals and circumstances that they have. The author of this article concludes that all minimum wage laws should be condemned as immoral and abolished. In the second article, “There Is a Moral and Economic Case for Raising the …show more content…
Understanding that both articles had great reasoning I believe that a raise in the minimum wage can have a negative impact in our economy and that it should be something that shouldn’t be completely abolished but carefully monitored. Like stated in Minimum Wage Laws Are Immoral and Harmful, not all employees will give their full effort in the workplace because they won’t need to worry about getting a raise. The act of raising minimum wage doesn’t only affect the employers but as well as the consumers, by causing a rise in the company’s merchandise. I understand that some jobs don’t pay their employees enough, but what are the qualifications that the employees have, do they have enough experience, or a degree and have they simply demonstrated their ability’s. Keep in mind that many people just ask but don’t give to
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.
When you raise minimum wage you raise the price in everything else for instance if minimum wage was raised ten percent that also raises restaurant prices 0.7 cents that may not sound like a lot but it starts adding up sooner or later and who knows then it could raises prices a whole dollar. Some people think that because the cities they live in are so expensive that minimum wage should be raised but if you live in an expensive city and are also living off minimum wage and can not afford it then you should not be living there. Also women think that they can not have a good lifestyle for their children with what minimum wage is paying. If you are living off minimum wage and trying to raise children then maybe you should find a different job where you can afford a life for your kids. Minimum wage should be raised because the economy is at a point where if minimum wage is raised there would not be a drastic change.
In America, there are many favorable aspects that many people will agree that they love about our country, but one major source of dilemma is "minimum wage. " Minimum wage was designed to give workers enough to live the bare limit above the poverty line, but, sadly, it affects over 58% of our nations workers. With the wage set at 7.25 an hour, many are continuing to get by, having to skip meals and even doctor's visits. Although, at first glance, the obvious solution would be to bump the pay up a few bucks, many don't realize the negative effects of it. The three articles "30 Days", "Serving in Florida", and "The Argument against raising minimum wage" help shed light on the pros and cons of this sensitive subject.
“How does minimum wage affect a society” Minimum wage has been a topic of debate for many years. Some argue that it should be increased to help workers earn a living wage, while others believe that it will raise prices for consumers. With the cost of living increasing, many people are struggling to make ends meet on today's minimum wage. In this essay, I will provide information about the history of minimum wage, its current state, the implications of minimum wage policies, and their impact on society. Andrew Carnegie co-founded his first steel company in the early 1870s in the Pittsburgh area.
A minimum wage increase from “$7.25 to $10.10 would result in a loss of 500,000 jobs”. ("The Effects of Minimum-Wage Increase on Employment and Family Income”) This claim is better because it shows how raising the minimum wage will decrease job growth instead of increasing it. But, the minimum wage should be increased because increasing will also increase economic activity and spur job growth, decrease poverty, and improvements in productivity and economic growth have outpaced increases in the minimum
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.
If America raises the minimum wage to $9.00, it will help people in need or in poverty, but it also won’t hurt people in the workforce. If you increase the minimum wage to $15.00 it will make unemployment rates go high up. Which in the process, makes the homelessness rates go up in the country and in your community. If you keep the minimum wage at $7.25 people will stay in poverty and homeless or on the verge of homelessness.
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.
As we know, the minimum wage is the lowest remuneration that employers legally pay to laborers, and the primary purpose is to ensure workers’ profits, and restrain the behavior of firms to some extent. There are following reasons why minimum wage law is a good idea that government established. As law is First of all, it preserve workers’ legal rights of obtaining labour reward to sustain the worker’s or workers’ families’ basic living standard for enjoying the minimum value of the economic well-being so that workers can fulfill social obligations instead of making the violence. In addition, the minimum wage has an employment incentive as a person who has no job has to rely on social assistance. However, the social assistance is less than minimum
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.
1. Introduction In the modest term, a minimum wage is a lawfully authorized minor bound for wages, but the term “lawfully authorised” is unclear, leading too many different kinds of minimum wages institutions (Cunningham et al, 2007:19). It further states that in the most straight forward cases, such as Brazil and Bolivia, the federal government identifies a wage level and all employers in the country must pay at that level or above it (2007:19). Economist have tended to oppose minimum wage on the grounds that they reduce employment , hurting many of those they are supposed to help (the economist:24/11/2012).
Introduction This article I shall discuss the current governments approach to the minimum wage and unemployment. [1]When a person is looking/searching for employment and cannot get it, this is unemployment.[2]Minimum wage is the lowest wage in which a firm/ employer must pay a worker by Law. The introduction to the minimum wage was 1999 and, from then on it has gradually increased every year. Minimum Wage [3]Government approach to minimum wage is to increase apprentice wages so that they correspond with the apprentices age, in the first year they will be paid the minimum apprentice wage, the following years this will change in corresponded to their age, so when they hit the age of 18 they will then be paid the NMW.
And a store like mcdonalds lets say they have 11 employes on duty the company its self is only paying 80 dollars and hour. Yeah they have to pay to keep the store stocked and running but them making 1.3 million dollars an hour and only paying their emplyes as little as they do is terible. The ones who actualy put the work in too making that money for the company only gets 7.25 dollars an hour is rediculius and the company should feel ashamed and feel miserable for how they treat their employes. Companies these days don’t understand that people need to support theirself and their families and that’s impossible to do, working for min wage as low as it is. Although raising minimum wage has a lot of pros it also has lots of