Clearly, there are two sides to this situation, and people may argue these business owners currently have the upper hand as they are allowed to pay their workers as low as $7.25 an hour according to the federal minimum wage policy. That may be true, but it can simply increase if these workers revolt against these business magnates by not working forcing them to increase their salaries. It may cause them not to make money for a few weeks during these riots, but would benefit them in the long run. The essence is, Americans should increase the minimum wage and that it should increase because it would prevent workers living under minimum wage from changing their lifestyle to adapt to the working conditions and would decrease the overall poverty in the
But some people believe that the minimum wage is fine. Obviously these people have probably never relied on $7.25.It is extremely important to raise minimum wage soon one reason is because while it might take out of the economy for awhile it will also get back in two it will raise people out poverty three $7.25 is no where near a living wage. The first reason we need to raise the minimum wage is because a lot of people will benefit from it. Most people say that raising the minimum wage will just come back to bite us. But if we have enough places do it we will balance the economy out Another
If America makes the minimum wage $9.00, people will no longer be in poverty and it will make the economy balance out. 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.
While it is reasonable to only increase minimum wage for those who work full-time, most that work full-time are already getting paid above $7.25 an hour. At the same time, the cost of living is likely to increase for all. Furthermore, I have personally seen that many who work minimum wage jobs made the conscious decision to drop out of school or take the easier route and earn a GED. Although I disagree with much of what Perkins states, I agree with Perkins claim that raising minimum wage might motivate people to stop abusing the welfare
When seen in perspective of only Natives “Immigration reduces the wages of natives in competition with immigrants by an estimate of $402 billion a year, while increasing profits or the incomes of users of immigrants by an estimate $437 billion” (Camarota). Since immigrants come to this country with no previous knowledge or education because their sole purpose to come is to find more opportunities in the United States resulting in them not having a decent economic income. In the United States, immigrants or nonimmigrants, who are uneducated pay less taxes and since their economic status is of low income they receive government aid. The government helps them to be able to have a stable living to survive by giving them food, clothing, schooling, etc. But comparing illegal and legal immigrants, those who are legalized receive more welfare for the fact that they are more eligible to more programs.
Those homeless shelters who are supposed to protect the homeless are unnecessary and costly. PBS SoCal states that a homeless shelter costs “on average, $1800 a month for a one-bedroom apartment.” (PBS SoCal Newshour) Most homeless people do not even have $1800 to begin with, making homeless housing projects a waste of money. Because the homeless could not afford the housing projects or the shelters, they often resort to cheaper options like temporary hotel or motel stays. Motel stays however, still affects the economy because according to the book Invisible Nation by Richard Schwind, “The motel stays are costing the state about $58 million annually.” (Schwind 85) So either way, homelessness still affects the economy in a negative way because the homeless cannot afford to live in shelters and homeless housing projects so they stay in motels. This makes the housing projects and shelters a waste of money and it also drains money from
Dunkelberg states that raising the minimum wage could possibly destroy small businesses. If small businesses were to raise their minimum wage above ten dollars they will either have to fire some employees to make up the difference of the raise or they will have to raise the price of the product they are trying to sell. Just because the government were to increase the minimum wage does not mean you will get more work or better work out of the that individual so that business may need all of their employees. Because maybe they cannot afford to lose one so in return they would have to raise their prices, but the issue with that is maybe raising the price higher might just be enough to chase away customers to chain stores such as: Target, Walmart, or Kohl 's. That may mean their small business might close, just because they cannot financially support raising the minimum wage.
This problem is also creating some other problems in American such as increase crime rate is also because of poverty. There is millions of American who cannot afford to get basic necessities of life. Another important point is that because of ignorance of government for this issue, the poverty rate will continue to increase. So based on these facts; I have selected the issue of poverty to solve. Below are the steps that I will take to solve the problem of poverty: I will promote the policies which will be helpful to create more jobs.
This provided workers a lot more money to live on, while todays workers are forced to rely on things like "food stamps or the Earned Income Tax Credit" (Dorn). While these ideas explained some good points, I still believe that raising minimum wage would be a terrible idea. One of the main
With a lower unemployment rate the government is able to spend less time and money on the social services such as food stamps or welfare. Instead they could bring down national debt making America more prominent in the global economy or even reduce income taxes or taxes in general as they no longer have as much need for it, benefitting the average American. Further benefitting the American workforce through the reduction of hindering psychological issues leaving a stronger and healthier economy and workforce. Implementing a shorter work would take time though. There are two major issues that intertwine preventing a shorter workweek.