Minimum Wage Should Be Raised

If the minimum wage was raised, I believe it would encourage businesses to be more creative on how to effectively utilize their staff and would push them to raise the bar in terms of employee training and business process. Perhaps businesses could be regulated in a way that those who have a higher net worth would be required to offer higher wages while younger or struggling businesses would have a lower wage expectations. That way we know that businesses who can afford it are paying it, but those who can’t aren’t being forces to close doors either.

There is a lot of controversy over whether the minimum wage should be increased to 15$ an hour in all states. Proponents say that current wages in America are not livable because inflation is way higher than the current minimum wage; Minimum wage was 1.60 in 1968, which is equal to 11.60 today. Opponents say that many cannot afford this, will have to close down, make cuts, raise prices and lay off people because they will need to pay them more. Most economists believe that that high of an increase would hurt job growth. I believe that Increasing the minimum wage to fifteen dollars an hour nationwide will do more harm than good. Raising the minimum wage to fifteen dollars an hour nationwide is too big of a jump and would just cause businesses to cut off workers, force small businesses to close and increase inflation.

The idea of raising the federal minimum wage that has developed nation wide attention, including protesting and arguments, has caused many discussions on why it could potentially help the economy grow and how it could result in the crash of the economy. Many people feel like raising the federal minimum wage is a must, while others think it will destroy the economy. There are many benefits that come with raising the federal minimum wage, but those benefits also come with many disadvantages.

Inflation has also been one of the signature conflicts of raising the minimum wage. In the past 5 to six years, the inflations levels have been at 1.5 percent (CNN money). By raising the minimum wage, should not increase inflation but help it maintain its current state. When adjusted for inflation, the current federal minimum wage would need to be more than $8 per hour to equal its purchasing power of the early 1980s and more nearly $11 per hour to equal its buying power of the late 1960s (U.S dept. Labor). That 's why President Obama is urging Congress to increase the federal minimum wage and give low-wage workers a much-needed boost.

The controversy over minimum wage has been ongoing. However, as explained in a Time article by Chris Lu on the subject, now is the prime time to raise the federal minimum wage. “Three out of four Americans support an increase; the economy is healthy; and many employers are already raising wages.” It’s reasonable to be worried about the consequences that raising the minimum wage might have in a time of crisis or unrest, but this quote mentions a healthy economy that would be able to handle the shifts in wages if things went south temporarily. Another argument made by opposers of raising the minimum is that businesses will be unable to survive. On the contrary, a good business will find it beneficial. “‘It’s a simple, but critical, concept: take care of your people and they will take care of your customers.’ For &pizza, higher wages reduce employee turnover, increase productivity and improve customer service.” Rather than hurting the economy, raising the minimum wage will help workers, business owners and the economy itself. A higher wage for all is

This has been a discussion for the ages. The debate over raising the minimum wage has been a hot topic. Raising minimum wage would reduce poverty, be better for lower paid workers, and to reduce expense for social programs.

bills. With a minimum wage job, one will receive about $800 a month, only if

From the article, what I have gathered that there has been a detailed deliberation and

Minimum wage is a highly controversial topic in the U.S. everyone would like to be paid a little bit more but do people even stop for a second and think about the consequences of raising pay. Economic failure, poverty increase, housing price increase, layoff increase, and hour decrease. There are also many more terrible things that are country can't handle if we were to raise the minimum wage.

The Fair Labor Standards Act (FLSA) is a law that states what the lowest amount a business can pay a contracted employee. Currently the law states that the federal minimum wage is $7.25 but there are many states that have their own minimum wage laws. There has been an ongoing protest over minimum wage for a long time and it has been changing consistently ever since 1938 with the latest change in 2009 when it went from $6.55 to $7.25. Many people think it should keep going up but many other people think it is going to hurt our economy if it goes up. There are many things that raising the minimum wage can affect in the economy and there are many steps that go into raising it. I think that the minimum wage should be raised to

“I can’t, May won’t eat her chicken without mayo. Can’t you make an exception sir?”

Many argue that raising the minimum wage makes hiring workers more expensive, eliminates jobs at the bottom, slows growth and ultimately raises unemployment. Economic studies show that raising the minimum wage to keep pace with inflation creates little additional harm, but what the president is

“No person can maximize the American Dream on the minimum wage” (Benjamin Todd Jealous). In 1938, minimum wage was created by the federal government in order to protect workers by ensuring a minimum of twenty-five cents per hour worked. Though President Roosevelt had the right idea in protecting the workforce, something needs to be done to ensure that Americans are getting a reasonable amount of money for the amount of hours they have worked. As Benjamin Todd Jealous stated, minimum wage is not enough for the average American to live on. Although many would argue against increasing minimum wage due to the possibility of heightening prices and intensifying competition, I believe minimum wage should be raised in order to stimulate the economy and create more job opportunities.

Raising the Federal Minimum Wage to fifteen dollars an hour has caused a major dilemma in the fast food industry. Minimum wage jobs were originally created for high school students, and were never intended to become full time jobs. Over many years they have turned into being full time jobs for anyone. The Federal Minimum Wage should not be raised to fifteen dollars an hour.

The federal minimum wage for employees is $7.25 per hour. It has been effective since July 24, 2009. Its general purpose was to keep America’s workers out of poverty, and increase consumer’s purchasing power in order to stimulate economy. Progressives introduced bills in the House an Senate to increase the federal minimum wage to $15 and, in a