A controversial topic often debated between liberals and conservatives is the minimum wage issue. While many liberals advocate for raising it, a number of conservatives are persistent on keeping the rate constant; however, studies show that raising minimum wage would not alleviate this country’s poverty issue and would, in fact, increase the unemployment. For these reasons, the minimum wage should not be raised.
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. “People don’t go to college to earn a $9.10 minimum wage: Guest opinion” by Justin Norton-Kertson is an article that argues against Lee Spector’s article. Although both
What if the national minimum wage was raised to $15 an hour? There are many occupations right now that are paying $15 an hour or less and have a lot more hours and stress involved. So why should a minimum labor and minimum stress job have a salary at $15 an hour? The answer is it shouldn’t minimum skill should equal minimum wage. If someone wants to make more money they should alter careers to a more difficult job that will pay more money. The concept that the National minimum wage needs to be elevated to $15 an hour hasn’t been completely considered because it would cause inflation for the economy; therefore, the lower class would still be functioning in poverty.
Workers across the United States wish to raise the minimum wage to ten dollars. Minimum wage should not be increased because people who work at fast food restaurants should not get paid as much as someone who workers harder than they do and it would not be a benefit to the people of the United States. Minimum wage means you get paid the minimum you can receive for working every hour, why wouldn’t an individual want to get paid at the maximum limit they could earn instead? Employees who would like to get a higher income need to get a more professional job. There are plenty of fast food restaurants in every state and they are always hiring full-time and part-time jobs, but shouldn’t adults work somewhere with more benefits, such as a hospital or a school?
The federal minimum wage has been increased twenty-two times since President Franklin Delano Roosevelt signed the bill into law in 1938. President Roosevelt was an avid supporter of a federal minimum wage as he says that “no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.” Raising the federal minimum wage has many pros and cons, but is a necessity to thrive in society. People have argued that raising the minimum wage will cause inflation, but it will create various economical benefits, income benefits, production benefits, and improve racial justice.
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
When people think about raising the minimum wage most of them are excited because their check would have more cash, but, they don’t think about the bad effects that it will cause other employes. Minimum wage is the lowest daily or monthly remuneration that employers may legally pay to workers. In California raising the minimum wage has become a big argument between those who think raising would have more cons and those who think they have more pros. Despite the fact that people think raising up the minimum wage will help many people get out of poverty. I do not support raising the minimum wage, and the reason is as followed.
Many argue companies wouldn’t be able to keep the same amount if workers, and half a million jobs would be lost (Minimum wage). This is not true, the extra money in customers hands would raise the economy enough to cancel out the extra costs, and actually create more jobs. Jobs might initially be lost, but in the long run, they will recover with a vengeance. In the end, when people say raising the minimum wage would lose jobs, it is a temporary loss that will recover within a year or
Should government raise minimum wage? Minimum wage is set at $7.25 an hour, and if minimum wage was raised to $15 an hour such as in California, California 's law will affect both a much larger number of people, and a much more diverse population of workers than any other measure to date. A few reasons why raising minimum wage is a bad idea is because current employees who get paid the minimum wage would be obligated to do more work. To keep labor costs low, these employees would have to take on additional duties and responsibilities to make up the difference in hours available. Since more people would be willing to work for more pay, the current workers would be likely replaced by higher quality workers or automated systems. Instead of earning
Minimum wage would raise the wages of many workers and increment benefits what disadvantaged workers. An estimated 6.9 million workers would receive an incrementation in their hourly wage if the minimum rage were raised to $10.15 by 2015. Due to the spill over effect the 10.5 million workers earning up to a dollar above minimum wage would withal be liable to benefit from an incrementation. Women are the most astronomically immense group of beneficiaries from a minimum wage increase. Sixty percent of workers who would benefit from an incrementation are women.
Every time the minimum goes up she sees no change in her wage but an increase in prices for food to feed her kids. I’m not saying that an increase is bad, just that we clearly aren’t doing enough research in order to make effective policy. There may not be a perfect answer that makes everyone happy, but there has got to be a more effective way to deal with our issues of poverty and low wages. What we need is better information that’s used properly to make more effective
During the Obama administration there has been a call to rise the minimum wage to $15.00 an hour. Those who support the rise claim it is a only “fair” for workers to have a “living wage”. Those who against the rise of the minimum wage say it would have a negative effect on business, small business especially. Business should not mandated to provide to provide a minimum wage based on the governments’ say. In fact I believe the minimum wage should not be raised at all.
Introduction Minimum wage is the lowest hourly rate an employer can pay an employee for hours worked. The topic of raising the minimum wage is a sensitive issue for many people. The livelihood of many relevant stakeholders will be directly effected by policies created in regards to raising minimum wage, both positively and negatively. This paper will examine the history and current state of minimum wage. It will identify the issues connected to raising minimum wage, analyze the arguments for and against, and make recommendations based on the analysis.
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.
Imagine you are alone to raise a child all by yourself. You are in debt you have to pick up a job but finding a job is hard. So you go to the first job your see a fast food worker. Of course this barely helps since you only get paid $7.25 per hour. You need more money; you need a living wage. This problem plagues people everywhere. there is a huge difference between living wage and minimum wage. The question is not should we raise minimum wages t’s when we will raise minimum wage. 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.