Minimum Living Wage

Many people are with or against the raise of minimum wage, should the United States of America raise the minimum wage? Opponents say that raising the federal minimum wage would would increase the amount jobs created, and also increase economic activity. The economic institute states that increasing the current federal minimum wage of $7.25 to $10.10 would create approximately 85,000 jobs and add $22.1 billion net into the economy (David). Business analysts and financial experts from the Federal Reserve Bank of Chicago concluded that by increasing the federal minimum wage would also increase accumulated household spending by $48 billion through the year boosting job growth and boosting GDP, short for gross domestic product.

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.

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.

Preventing Minimum Wage Speech Overview: General Goal: To persuade - to create, change or reinforce attitudes, values, beliefs and/or behaviors. Specific Goal: By the end of this speech my audience will believe that minimum wage in America should be raised all around the nation. Introduction: (This is where you start talking) Attention Grabber: How many of us have worked a job that pays $7.25 - $7.50 a hour?

Ms. Conaway then a slightly higher cost to help compensate for the large costs. By closing the cost gap on those departments it will help close the deficit without raising the prices too high. The other departments prices being maintained would allow for compensation in revenue to the losing departments. The extra income in those departments could help the more expensive departments to be more affordable since it is located in a low income area.

In the story “The Upside of Income Inequality”, Gary S. Becker and Kevin M. Murphy effectively express’s the importance and need for income inequality in our society. Furthermore, Holly Ellyatt’s newspaper article Income Inequality: Is It Good For Everyone? serves to also point out that economic success and greater productivity is linked to “income inequality”. Although it may seem extremely unfair for someone to make up to two hundred and fifty times as much money as someone else, this notion of “income inequality” actually benefits the society as a whole by encouraging others to work much harder in life and better themselves and their education.

Her concept of labeling schools arises from two important points. One, it’s a very huge investment and second, increase in annual tuition rates by 125% over thirty years. She conveys the canonical facts of inflation indebtedness students lug after completing college or joining a job. Government and Education policymakers should be acutely aware of the plight of a student coming from a lower class or lower middle class family. Being educated from Harvard in English Literature, she has developed and researched the topic and laid out the facts and figures very beautifully for the

One of the most frequently asked questions in our country seems to be will minimum wage being raised or lowered affect poverty. Poverty has struck many people in the United States across the nation. With this occurring in our country poverty will continue to affect millions of Americans each year. The federal minimum wage ought to be raised because it would fortify the economy and enable Americans to out of poverty. Increasing minimum wage will make workers more financially stable, if the wage doesn’t increase it will be harder for people to make a living.

Many rich earn more to save for their children but now, suddenly, the trend has changed and the rich kids are joining the workforce, as mentioned at http://www.nydailynews.com/life-style/rich-parents-making-kids-worklow-paid-jobs-article-1.1858110. Also many companies have made it their responsibility to do something for their world. http://www.rb.com/responsibility/communities/save-thechildren/ , https://www.ifad.org/, and www.ruralpovertyportal.org are some examples. Possible Scenarios.

Reflection Memory: I have read the articles “Georgia 's Minimum Wage Is Still $5.15 An Hour”, “Unions Knocking on the Academy’s Doors”, “One Small Revolution: Unionization, Community Practice, and Workload in Child Welfare”, “ORGANIZED; Local 226, 'the Culinary, ' Makes Las Vegas the Land of the Living Wage” and chapter 8 “Recent Trends and Future Prospects for Low Income Working Families In Atlanta”. From these articles I have memorized that unions are developing by the graduate students for negotiation of their monthly salaries as graduate employees and researchers.

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.

In theory, raising the minimum wage would lessen America’s dependence on such benefits. If workers are making more money, Hanauer says that workers are spending more, and increasing the demand for more workers as opposed to cutting jobs. Hanauer closes his essay by telling the reader to see the economy as Henry Ford did; an effective economy is one that works for all not just part of the country. ANALYSIS: After reading Nicolas Hanauer’s essay on raising the minimum wage to $15 an hour, I take an affirmative stance on this issue. 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.

In the article “A $15-Hour Minimum Wage Could Harm America’s Poorest Workers”, Harry J. Holzer outlines the effects of a fifteen dollar federal minimum wage. He interprets statistical data from different credible analyses and thoroughly explains the meaning of each. The author also does a great job informing us the results from past federal minimum wage increases. He recognizes that jobs will inescapably be lost; therefore, many people will be unemployed. 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.

In the society we live in today, doctors are paid an exponential amount of money and for good reason as they help us live a healthier life. My question is why are teachers, who are responsible for helping students, paid under the average salary of most Americans. The average income for Americans is roughly 81,400 dollars, then there is the average income for High school teachers at 56,350 dollars. When the pay is raised it’ll get teachers more interested in doing the best they can do to give their students a good education. Then higher pay attracts teachers who have better experience, education and credentials which also increases the quality of the education.

Sanctuary cities are extremely beneficial to the economy. According to University of California, Davis economist Giovanni Peri, states with higher populations of undocumented immigrants tend to have skilled workers who make more money and work more hours, resulting in increased productivity (2013). Higher wages lead to more money being put back into the economy because workers have more capital to spend. In addition, higher production rates means lower prices. This profound effect is a result of undocumented workers.