preview

Persuasive Essay On Minimum Wage

Decent Essays

A living wage is a thing of the past when it comes to our federal minimum wage. Nowadays, people tend to be living to work instead of working to live. Our minimum wage standards are simply not enough to keep up with our inflating cost of living. With every passing year our rent, utilities, insurance requirements and food all increase in price, yet the minimum wage has only increased minimally. The federal minimum wage should be increased to help boost our economy and improve the life of all Americans. There are many critics who would disagree, however. They need to be shown how important a role the common worker plays in the community and how hard it is to survive alone yet with a family on our federal minimum wage standards. In today’s world, the average home costs about $385,000.00 with a minimum wage is $7.25. In 1978, the average home cost $55,000.00 with a minimum wage of $2.65. According to the 1978 prices, we should be at a minimum wage of $9.95. As you can see, the cost of average housing has increased far more than the minimum wage has. A person would never be able to afford a home in todays market with a minimum wage income. College is the same story. A person in 1978 could afford a college degree with a summer job without any loans at all. Chris Lu, the author of Why It’s the Perfect Time to Raise the Federal Minimum Wage, says, “When I served as the Deputy Secretary of Labor under President Obama, my office wall displayed a poster issued by the Truman Administration when the minimum wage was increased to 75 cents an hour. As meager as that amount might seem, an employee earning this salary in 1950 had more buying power than someone making $7.25 an hour today.” Our minimum wage standards are not cutting it. Another example is a college education. Today, a person would have to work a full-time job yearlong just to pay for a full-time college degree from a community college. The average cost of a full degree at a University in 1978 was around $2600.00 for four years and on campus living. Today the cost of going to Southern Methodist University is close to $72,000.00 for an undergraduate degree living on campus. There is also the problem of groceries and utilities. Bill Quigley, author of Top Ten

Get Access