Minimum Wage Should Not Be Raised

There are a lot of people around the world who struggle with money and a satisfactory way of life. Whether they be in the United States or across the globe, there is a standard minimum wage set for the working class of their country. In the Unites States, there is a federal minimum wage of seven dollars and twenty five cents per hour worked. Almost every state has another set minimum wage, which typically is a little higher than the federal minimum wage, but it cannot be lower than seven dollars and twenty five cents. Countries set minimum wage laws, to ensure there is a basic quality of life amongst its citizens. As the minimum wage goes up in certain states, the quality of life also improves. The problem with a higher minimum wage, is now people are getting paid higher for entry level jobs which are meant for teenagers and people new to the workforce. If the minimum wage keeps increasing across the country, teenagers and young adults will have a much more difficult time finding jobs.

What would be so bad about raising minimum wage? Before other states jump on the $15 minimum-wage bandwagon, they might want to look at what's happening in Massachusetts — one of two states with a $10-an-hour minimum wage. Massachusetts increased the minimum wage from $8 to $9 at the start of 2015 and to $10 on the first day of 2016. The state is now mired in its longest stretch of net job losses since the recession in both the retail and the leisure and hospitality sectors, Labor Department data show.

Right now,according to Victoria Smith,over 40 million people are living in poverty. This could be changed if they were able to get enough money from their jobs, but the minimum wage isn’t high enough right now. Even if only by a little, if minimum wage were raised, the amount of people living in poverty could be reduced by at least 5 million according to Mike Konczal . Originally, the minimum wage was at only .25 cents an hour. Due to causes such as inflation, this wage has been raised to meet the current standard. Although interest in raising the wage has gone away until recently. Minimum wage should be increased because it would increase job growth and economic activity,it would reduce government spending on welfare, and reduce poverty.

"According to a 2014 Congressional Budget Office report, increasing the minimum wage to $9 would lift 300,000 people out of poverty, and an increase to $10.10 would lift 900,000 people out of poverty.” Currently the federal minimum wage is $7.25. The government should raise the minimum wage to $9.25 per hour. We need to raise the minimum wage to the point where the lowest paid worker can afford their basic needs. Raising the minimum wage would strengthen the workforce and the economy.

For many years, there has been an ongoing and strong debate in the United States on whether or not minimum wage should be raised from $7.25 an hour to over $10.00 an hour. Minimum wage is the lowest amount a company or employer can pay their employees. Many argue that the benefits of raising minimum wage surpass the negatives, yet many also disagree. But as a whole, the benefits of a higher minimum wage clearly outweigh the costs that come with it. Minimum wage should be raised because it would increase economic activity, reduce poverty levels, and allow for less government spending.

As our federal government debates the idea to raise the minimum wage, there are several interesting questions that occur. Most importantly, should we raise the minimum wage? I believe it is a bad idea to raise the minimum wage from $7.25 per hour up to $10.10 or more in a short period of time. I will explain why raising minimum wage radically would kill jobs and hurt our economy.

The federal minimum wage in the United States is currently $7.25 an hour. Increasing the minimum wage would lift approximately 900,000 people out of poverty. Forty-three million Americans are living in poverty due to low income, health care costs, childcare costs, college costs, and housing costs. The federal minimum wage should be raised because it keeps up with inflation and would scale down poverty levels.

Should America’s minimum wage be raised from $7.25 all the way to $15 an hour? Many are for raising it because they say it will decrease the amount of families living uncomfortably in poverty struggling to pay rent, feed their children, and make ends meet. But those who are against it, say it will increase the amount of businesses going bankrupt and will drive unemployment sky high. Critics of minimum wage say that minimum wage should be changed to living wage which will take the economy into account and would provide families with enough to live a comfortable lifestyle. Raising minimum wage in the United States to $15 an hour would be a bad idea for three reasons, earnings per share in even large stores would plummet, it would drive unemployment to an all-time high, and it will not take the economy into account.

In today's society it's expensive to live in America and even getting day by day is very difficult if you are living on minimum wage, of course it's more difficult for some people than others depending on their situation and their living conditions. America should raise minimum wage because it would make things easier for people who are struggling. A higher minimum wage not only increases workers’ incomes, it will also be good for our economy. A quarter of people working minimum wage are at least raising one child. This change will help a lot of people it would make our country a better place.

As the cost of living is raising every day, it is really important to raise minimum wage as well. Through the years, there have been questions about this topic, but no changes have been made. Some people do not realize the importance of minimum wage or even its history. It is a real struggle for many people because they are living in poor conditions making around $200 a week. That is a real struggle for those trying to provide for their family. They have a really hard time trying to make it till the end of the month. They are afraid and worried at the same time because they cannot pay their bills in time or even go to the doctor if they get sick. Increasing the minimum federal wage could make a difference for those living in unfortunate conditions.

From the point of view of someone who is earning minimum wage it may seem benefitial to raise hourly pay, but it is obvious that the negitive effects outweigh the positives. It has been long debated whether the govnerment should enforce price control by setting a minimum wage higher than what it is now. There is a supply of people to fit the demand for the work. In the topic of raising minimum was a surplus would mean there are more workers than there is work. A shortage would mean the ratio of workers is higher compared to the amount of work needed to be done. The equilibrium price is where the supply and demand are equal. The government should not increase minimum wage because it will hurt smaller

Minimum wage is at a drastically low number. It has been 9 years since the last raise in 2009. The minimum wage is way to low for people to live off of. Minimum wage is essential for businesses to have a starting pay that is enough for people to be able to provide for themselves and their family. America needs to make a stand to raise the wage. The minimum wage needs to be raised in order for people to provide for themselves, for the US to keep up with other world leaders, and in doing so it will only better the economy.

Do you think the federal minimum wage should be raised? People working minimum wage jobs think the amount should be increased. The federal minimum wage is about $7.25 an hour. People are saying this amount is not enough money to live on and that's why so many people are living in poverty. The federal minimum wage should not be raised because raising it will hurt small businesses, increase poverty levels, and create job competition.

In my opinion the federal minimum wage should be raised from its current rate of $7.25 per hour. It should be raised in set increments over time. Raising the wage would help to offset the rising prices of products we use in our everyday lives. The federal minimum wage should be raised to help people living in impoverished places. Raising the federal minimum wage is necessary, but it needs to be done in a way that it will help people and won’t harm the economy.

In recent news there has been some major discussions about whether to raise the minimum wage to either $9.00, $10.10, or $15.00 per hour. As you can see in Table 2, the minimum wage has varied over the years, but the options presented are set to increase the wage to above what is considered the poverty line. Many minimum wage workers are in favor of the wage increase, to raise it to a more “livable” wage. Yet, they may not know what the wage increase will entail for the economy, such as, an increased unemployment rate. The increase is supposed to raise the minimum wage for low-income workers to an income above the Federal Poverty Threshold. The increase is supposed to be the first step to solving the income inequality problem in America and a step towards economic growth in America, by helping to stimulate the economy.