If you keep the minimum wage at $7.25 people will stay in poverty and homeless or on the verge of homelessness. A person working full time at the federal minimum wage of $7.25 per hour earns $15,080 in a year, which is 20% higher than the 2015 federal poverty level of $12,331 for a one-person household under 65 years of age, but 8% below the 2015 federal poverty level of $16,337 for a single-parent family with a child under 18 years of age (procon.org pro#2). If you put the minimum wage at $9.00, people will be able to live comfortably without unemployment rates going up. However, raising the minimum wage
The food inequality in America is not only influencing the poverty, it is also cost hundreds of billions of dollar per year because of Non Communicable Diseases (NDCs) (Ferdman, 2014). In addition, many people think that wealthy consume more food so they are easy to get obesity, diabetes or heart disease. In fact, in America, the low-income groups have the highest rates in NDCs. According to the worldwide study, there are a connection between NCDs and the socio-economic levels link to the energy in America’s meals and the cost of meals. The American has average income spend less than $8 per person per day for their meals and beverages.
Speech Body Existence of Problem: The minimum wage rate is causing higher levels of poverty and unemployment. Evidence of Problem Existence: On a article Michael Saltsman wrote that President Obama has discussed raising the minimum wage rate to $9.00 per hour. He believes that "a higher minimum wage can reduce poverty without reducing employment." On another article listed on The Washington Post Mike Konczal stated "Dube uses the latest in minimum-wage statistics and finds a negative relationship between the minimum wage and poverty. Specifically, raising the minimum wage 10 percent (say from $7.25 to near $8) would reduce the number of people living in poverty 2.4 percent."
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 people in the United States continue to be in poverty even while working a minimum wage job. The Missouri minimum wage is $7.85, the national average nationwide is $7.25. With the minimum wage being $7.85 in Missouri a worker would only receive $1,256 a month. This income would be okay for the average high school or college student, but not for a parent who maybe didn 't finish high school and has a family to take care of.
America has a class system, meaning that there are chances of movement upward or downwards between strata. Since the United States offers opportunities of breaking out of poverty or out of the working class, some believe that people in those two stratas should utilize these opportunities. It is not that simple. A majority of the poor and working class are doing everything in their power to work enough to get a promotion or a higher paying job but there are boundaries. There are boundaries on upward mobility and there is only a “20% chance you will move out of poverty ever” (Butler-Sweet).
In the article, “Do Remote Bosses Cause Inequality?” (Sept. 19, 2015), Froma Harrop claims that “Bosses and their investors are grabbing most of the profits.” The piece details what Harrop says to be a reason for the widening pay gap that’s not exactly economic. The unemployment has fell to a low percentage of 5.1 and productivity gains are present which are supposed to lead to higher wages; lowest wages are essentially falling, although workers are producing and making the needful in the same amount of time. Harrop argues one of the many reasons for the lack of a raise in paychecks: the apparent remoteness of the boss and the employee. Harrop mainly supports her argument through the use of anecdotes and statistics of past and present events
Is it ethical to raise the minimum wage when it doesn’t necessarily affect the very poor, the people it’s aimed at helping? The minimum wage is the lowest hourly wage an employer is permitted by law to pay an employee for his work. The current federal minimum wage is set at $7.25 an hour. Across the country, there is an overwhelming push in favor of raising wages for our poorest workers. In January 2016 the minimum wage in California was raised to $10 an hour.
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.
But reality is another one the people who are work in a minimum wage job are mostly over the age of 35, who are only working so they can support them or their family in many cases. So, raising the minimum wage by 5 dollars is going to end poverty. Though many people argue that by raising it, is just going increase the unemployment rate. While I do acknowledge and take into consideration, this act takes care for those families
There are above average and below average graphically have lined-up on the recent graphs. The marginal comparison has shown according to the existing level of financial reports. Economic inequality in the U.S. has been differentiated widely based on the income level of every state. If the state has been generated more income and accumulate financial stability, then, the financial distribution among the citizens of that state will be fair. For example, in New York, their income has been accumulated above the average per capita, because of increasing businesses and other private sectors that have generate shared-income.
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. In 2013 one million single mothers with children under 18 would have benefited from a minimum wage increase to $10.15. Single mothers are 10% of workers affected by an incrementation but they make up only 5.7 of the overall work force. More than two million espoused men and women with children under age 18 would additionally benefit from an