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
Many Americans work solely to pay for food, electricity, and housing. In response to this “nearly 30 states have raised their minimum wage to combat job loss, poverty, and economic inflation.” (http://www.pewresearch.org). This just goes to show that more than two thirds of the country are willing to raise their wages, because the local government thinks that it is absolutely necessary in order to allow people to live sustainably. States such as California have raised their wages up to as high as $15.00! Raising the minimum wage has helped many people begin to start to live healthy lives, and it provides a way for families to expend for necessities if they work at or near minimum wage,
Before people push a minimum wage increase, they need to be totally aware of all of the positive and negative results and consequences that might occur as a result. The issue concerning what to do about the minimum wage has served as an ongoing controversy amongst several people. The federal minimum wage should not be raised for several reasons including the harmful effect on small businesses, the increase of poverty, and the augmentation of competition for jobs.
Imagine a single mother who has has the task of taking care of multiple children, all on a minimum wage budget. This mother’s mind is overwhelmed with worries. Will she be able to pay next month's rent? WIll she be able to put food on the table for all of her children. The single mother lives each and every day with this anxiety, and even with government assistance: Is it enough to live comfortably?
Although America is known as the richest country in the world, 43 million of its citizens are in poverty. Unfortunately, some of them work full time, yet are still in poverty due to the low minimum wage (“Should We Raise”). In 1928, the first federal minimum wage of 25 cents per hour was set by President Franklin D. Roosevelt to prevent workers from being underpaid. Since 2009, the federal minimum wage has been $7.25 (Smith). The age old debate of whether or not to raise it is still going on in the US. The federal minimum wage should be increased to keep up with inflation, help support the poor, and stimulate the economy.
Minimum wage is an important and hot topic throughout the world, especially America. The minimum wage is the lowest amount of salary that an employer can give to their employees for their work. The federal minimum wage is covered under the Fair Labor Standards Act, also known as FLSA. The FLSA covers standards for government, local, and state employees, including overtime pay and record keeping. This protects the rights of the employers. Franklin Delano Roosevelt, FDR, was the first president to establish the idea of minimum wage in 1938 due to the economic downfall of the Great Depression. (“History of Minimum Wage”) The Great Depression was a huge recession for the economy and for the people. Since FDR applied the minimum wage, the minimum wage keeps increasing over the years. According to Bebusinnessed website, the first year with minimum started at twenty-five cents an hour, which is equal to around four dollars and fifteen cents in USD in present currency (“History of Minimum Wage”). Over time and many presidents later, in 2016, our lowest minimum wage is seven dollars and twenty-five cents. From the numbers presented on this website, the minimum wage seems to be increasing and getting better with time, but in fact, the government is not to kept up with the current “real” dollar amount. Nowadays, parent employees cannot fully support their children. The real question, in our society, should minimum wage be increased or decreased in order to fulfill both the government
I decided to write about how I felt regarding the federal government's involvement in controlling the minimum wage and that I felt they are disconnected in their understanding of the impacts on communities when they raise the minimum wage. I work for a manufacturing company in the U.S. and I understand wholeheartedly what the impact of salary increases due to our bottom line. In very competitive markets the difference between success and failure can be separated by the difference of only a few dollars per part, and while in other countries, their manufacturing bottom line is subsidized by their governments we are forced to generate profits the old-fashioned way through supply and demand. This is why I decided to take a stance in my persuasive essay and challenge the status quo of the Department of Labor and Wages. No longer should the federal government dictate a national minimum wage but should allow each state to establish their own minimum wage based on the economic condition of their counties and their state, as a whole.
Branching off of financial aid for education, think of all the other financial benefits that the government offers. Such as social security, food stamps, and healthcare. With the prosperity of our economy, these things will be less of a burden on our government and everyday tax payers. This increase in minimum wage will help everyone overall. Health care will become cheaper due to the fact that companies are paying their employees a fixed rate that they can live comfortably with. As the rate increases we will see the use of food stamps dwindle. There will be no need for these food stamps when families can afford their groceries and necessities with their own cash, due to a higher minimum wage. Social Security will gain more money from the employee’s checks, helping later generations. This higher income will give the elderly more support with their social security income. When the minimum wage is higher, our daily and life lasting necessities will be benefited greatly.
People all across America believe that minimum wage is a good thing and helps people without an education have a normal life, however others believe it is causing poverty and homelessness among the citizens. Minimum wage was made to provide enough money to live just above the national poverty line.But over the years the cost of living has increased while the minimum wage hasn’t. Today, the national minimum wage is $7.25, which is less powerful than the minimum wage was in 1968. This is because the minimum wage was $1.60 per hour, which seems low but back then $1.60 was enough to support a three person family, whereas today the minimum wage can barely support one person. All throughout the U.S., workers have been fighting for a higher minimum
“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.
Do you believe that all jobs that require little to no skill deserve more than the federal minimum wage? If you said yes then perhaps you are unaware of the many negative effects surrounding a higher minimum wage and after reading this you will be educated on why the minimum wage should not be raised. In the beginning, the minimum wage was created with good intentions. It was originally established in 1938 and was $.25 an hour (Sessions). It was created to make sure that businesses would not take advantage over workers. While the minimum wage was and still is a good concept, it has some flaws. The major issue is that the minimum wage continues to be raised. The main reason for the increasing of the minimum wage is because people who make
Imagine spending your day with lights, sirens, blood, and death. Imagine having someone’s life in your hands every time you go to work. Then imagine working 24 hour shifts only to return home and sleep for a few hours before returning to your second job and doing it all over again just so you can provide for your family. This is the life of emergency medical technicians across the country and many others like them. Now imagine that the teenager next door that work at the local fast food chain makes the same amount of money as you do. Due to the current minimum wage increases being seen across the country, this is being becoming the reality in this country. The increase of the current minimum wage is targeted to help individuals in low paying
Minimum wage in the United States has become an extremely controversial topic in today’s society. The cost of living continues to grow each year but why does the minimum wage stay the same? This is a question that many people are forced to ask themselves each day. Many people who hold low income jobs and can barley afford to survive must rely on government assistants. By raising the minimum wage to an amount that would allow citizens to afford living standards our nations economy would benefit greatly in many ways. The increased wages would in return be put back into the economy through spending and government aid would decrease. The increase wages would also allow for more paid taxes that would in return benefit the economy as a whole. Many of us have held a minimum wage job or know someone directly who has, we are aware of the struggle in receiving minimum wage checks but why has nothing been done to remove this struggle from the nation? Many bills including one signed by President Obama have been denied by congress and the issue continues to grow. Now is the time to increase the minimum wage and help the economy get back to a better state.
Low minimum wages affects everyday families and lives, more than the average person would think. A small minimum wage could have an very small effect on someone’s life, such as not being able to afford a new pair of boots or that new phone, contradictory to this low wages could also have a very serious effect on someone’s life . Meaning that a parent or single individual could not support their family because a lack of income, it could also mean the difference of living under a safe roof, or living in the streets. In 2016 alone, 40.6 million people in the United States
The poverty levels in America are a major problem. The cost of things like rent and education have risen dramatically in the recent years, making it difficult not only to live, but also to become a skilled worker with a lot to offer companies. Unfortunately, minimum wage has not kept up with rapidly rising prices. People working on minimum wage cannot support themselves, much less a family. Many think that the problem can be easily solved with a raise in federal minimum wage, but those people fail to understand the many trade-offs that would accompany. Not only would a minimum wage raise to 15$ have a major effect on employers costs and the cost of goods, but it would also cause a major rise in unemployment(Gitis and Holtz-Eakin). A raise in minimum wage would not only fail to move the lower class out of poverty, but would have adverse effects on the majority of them.
Raising the pay of one’s workers is proven to increase productivity in the workplace: Worker productivity increased 104% while the minimum wage rose 101% between 1947 and 1973 (Henderson). Common sense also plays a role here. If you were being paid a penny an hour when you really deserve a quarter an hour, would you work your hardest? Would you begin your work enthusiastically at full-throttle? No, you wouldn’t, and the second you saw a better opportunity at another place of employment, you would jump to it. Why should you feel loyal towards a job or company which does not pay you enough to live? The federal minimum wage should be raised in order to ensure the effort and loyalty of workers.