Should Federal Minimum Wage be $15 an hour? The Fair Labor Standards Act of 1938 states that workers will be given a livable wage. By definition, a living wage is the minimum income necessary for a worker to meet basic needs. In the words of congress, it is “the minimum standard of living necessary for health, efficiency, and general well-being.”
After thoroughly reading two articles by Surowiecki and Saltsman on if the United States raising minimum wage, the minimum wage should remain the same. To support this statement, Saltsman states that the people who live below the poverty line, in fact, are not poor because of minimum wage; Americans remain poor due to not working at a job. People continue to live in poverty because they lack the skills to even attain a job or look for a job. Even though Surowiecki claims that 46% of today’s families live off of a minimum wage worker, minimum-wage jobs weren’t meant to support families. Minimum-wage jobs were meant for teenagers and woman.
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.
Because the cost of living has welkin rocketed, it has become virtually infeasible to raise a family on a minimum wage job. A person living on his or her own cannot survive on minimum wage job either. Their living expense would just be exorbitant. The earnings of minimum wage workers are crucial to their families salubrity. Evidence from 2013 and 2014 minimum wage increase shows that an average minimum wage worker brings home more than a moiety of his or her family 's weekly earnings.
Action War Room/Think Progress, April 4, 2014 gives ten reason for raising the minimum wage such as, it will put money into hard- working Americans, reduce income inequality, get people off of food stamps, save the government, would not cause prices to go up, improve people’s economic security, businesses would also gain, children would be secure, will left people out of poverty, would not hurt job creation, and would help people support themselves instead of relying on the government and hand-outs. In a State of the Union Address January 20, 2016 President Barack Obama express to congress the importance of raising the minimum wage for all hard-working Americans when his said to Congress and I quote “Of, nothing helps families make ends meet like higher wages…and to everyone in this Congress who still refuses to raise the minimum wage, I say this: If you truly believe you could work full-time and support a family on less than $15,000 a year, go try it. If not, vote to give millions of the hardest-working people in America a raise.” and since 2013 18 states have already passed laws to increase the minimum wage, helping millions of
According to a professor named Robert B. Rich “$10.10 isn’t enough to lift all workers and their families out of poverty. Most low-wage workers aren’t young teenagers; they’re major breadwinners for their families, and many are women. And they and their families need a higher minimum wage.” Robert is saying that the minimum wage should be increased because for most people in a family that earns all of the money to support their family will need to get out of poverty. Therefore raising the minimum wage would be benefit.
I am currently completing an on-campus Microeconomics course. When the subject of minimum wage came up, one of the other students made the comment that he thought minimum wage needed to go up because he had been in a job for almost a year and was still making minimum wage. Why should a person who is working at a fast food restaurant make more than what another person is willing to do the job for unless they have a special skill? The current debate is whether the minimum wage should be raised to $15.00. According to Jonathon M. Trugman in Raising Minimum Wage Would Cost a Million People Their Jobs even a small increase in the minimum wage would cost over 500,000 jobs. He states “The minimum wage is by design an entry-level wage; it is not supposed to be permanent.” Mike Patton in The Facts on Increasing the Minimum Wage takes this point a step further and says
Reasons Not to Raise the Minimum Wage Raise the Minimum Wage Would result in job losses. It hurt low skilled workers be harder to find a job. Minimum wage increases dose not reduce poverty. Result In higher Prices For consumers, the costs of minimum wage increases must be paid by someone.
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.
Many people in The United States fight poverty every day. Even though Minimum wage is a good starting pay, it is not enough to sustain an average lifestyle for a family of 3. Therefor minimum wage needs to be raised. If minimum wage is raised, poverty levels would majorly decrease in the United States.
This article was written by Thomas E. Perez, a democratic politician and the former secretary of the United States Department of Labor. He is a proud supporter of raising the minimum wage and his political party has nothing to do with his beliefs in this topic. President Donald Trump, is a republican and during his campaign he expressed the importance of raising minimum wage. In this article, Perez starts off by stating his opinion, “I don 't think a country as great as ours should pay people so little that they need help from the state just to survive.” He automatically sets the mood and lets the reader know what it is that he will be expressing throughout his article. Throughout the article, Thomas gives a little background about minimum wage.
Living paycheck to paycheck doesn 't allow families to go out and buy other things that they want, they are only able to buy the necessities and sometimes aren 't available to do that. Families who are living on minimum wage may spend more time working trying to provide for their family than spending time for their family. By raising the minimum wage you would help millions of people who are currently earning $7.25, it would get many families out of poverty to help them live better lives and to better provide for their families. So in conclusion I believe that the minimum wage should be raised.
Today 's society has various standpoints when looking at this very contentious topic in the US: Minimum wage. To illustrate, imagine coming home every day to your family and not being able to you or your family to have dinner as you didn’t make enough money during work. Imagine having to share a small cramped apartment with a family of 4 to save a few pennies for necessities such as food, water, and medical care. Indeed, these are the conditions these families living on minimum wage are experiencing. You may ask, who doesn’t want the minimum wage to increase; the more, the better right?
Why we Should Raise the Minimum Wage In Kevin A. Hassett's essay which appeared in American Enterprise Institutes online issue March 10, 2013 , '' Why We Shouldn't Raise the Minimum Wage'', he responds to announcement proclaimed by President Obama, in his 2009 State of the Union address, regarding the minimum wage. '' In the wealthiest nation on Earth... no one who works full-time should have to live in poverty.'' President Obama 2009 . Hassett believes that the President's resolution to raise the minimum wage would prove to be counter effective. He does not believe that it will solve the , present and worrying issue of poverty in the country.
I do not believe the government should raise the minimum wage. Wages stand where they are in result of the employees being low skilled and the market value of what is produced. As shown in the graph below, the government finds an average of supply and demand of the labor and decides an equilibrium price. At this point they would not have more workers necessary, which would be a surplus or a lack of workers, which would be a shortage. If a company pays workers more than what they are valued for, the firm will not stand a chance of survival against its competitors.