Persuasive Essay On Raising 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.

The case against raising the minimum wage is very simple: a higher wage will make it more difficult and expensive to companies to hire workers. What will be the consequences on the economy? Well, companies won’t be able to pay all of its workers which will lead to more unemployment. At the end, people who keep their job will have a higher profit, however those who lose their job will suffer.

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?

The minimum wage should be raised because it increases economy and job growth, it decreases welfare spending, and it lowers poverty. Minimum wage is especially important for lower level workers who depend on it for their lives. It has the ability to give people better lives if increased correctly. If it was raised, the most likely amount would be $10.10. In regards to losing jobs to machinery because of wages, there are many ways to use this development in order to increase job availability. Raising the minimum wage would improve the lives of many people working in all levels of

The federal minimum wage needs to be increased to keep up with inflation. Most wages are increased to keep up with inflation, but those at minimum wage tend not to see one so the employer can cut costs. Fortunately, some states have already fought this by raising their minimum wages to keep up with the cost of living in that area. If the minimum wage was changed with inflation, it would have been $11.16 in January of 2016 (“Should the Federal”). The lack of wage raises, along with the reduction in purchasing power, greatly affects the poor. Obviously, they have much less money to begin with; taking anything away from the poor hurts them greatly. According to Senator Bernie Sanders, “Since 1968, the minimum wage has lost more than 25 percent of its purchasing power (“Should We Raise”).” This loss in purchasing power will only continue. Inflation always

When it comes to raising the minimum wage, it 's an essential (U.S dept. Labour)ingredient in entering a stable economic society. Congress must raise to the challenge or face the consequences of a declining economy. With more than 70 percent of working class people working on minimum wages, the economy will surely benefit from giving them an increase. If they refuse to make an advancement towards the situation; we will make it very difficult for our future generations to raise out poverty. Help the working class people of American and pave a brighter road to our future economy. Lift the spirits of the American by giving them a raise. The cry of millions of American citizens living in poverty is most important to the economy. Whereas, raising

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.

Raising the minimum wage would hurt the less fortunate families. It spreads income unevenly. Some people would receive more pay and others would lose their jobs making families and the economy suffer. If someone have a minimum wage job that pays $5.15 it is better than no job at $6.00 (Henderson). If someone has a job that does not pay well be thankful for it, it still provides for the

Changing the minimum wage is a common debate and many politicians argue if the wage should or should not be raised. The minimum wage is an example of a price floor and is the lowest legal wage that can be paid to many workers. With the increase in jobs, it is shown that more people will vote for those in favor of raising the minimum wage in the upcoming presidential election. I have to agree for I believe that an increase in the minimum wage is good for the economy. Boosting the minimum wage will help increase the consumer spending that stimulates our economy and that local businesses need to grow. Realistically, if the majority of voters think that the minimum wage is too low, then it will be raised. While some people think that the minimum wage should be raised, others do not. If more people vote in favor of keeping the minimum wage at the same rate, then it will remain at that price until the majority of the people vote in favor of a change.

Minimum wage is different across the United States and varies depending on the cost of living for that particular state. There are currently 5 southern states who have not adopted a state minimum wage. Those states are: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. Presently, there are 29 states have minimum wage rates above the federal minimum wage. I currently live in Germany but my home of record is Arizona. The minimum wage in Arizona is $8.05. Arizona is one of America’s fastest growing states. With a booming economy and a diverse population, Arizona’s cost of living is somewhat low compared to the rest of the United States.

An increasing minimum wage in the workplace have both an economic gain for the company, and will produce a productive and dedicated worker. Not only will a company have dedicated skilled workers if they raise the minimum wage, but

The minimum wage in this country has been a controversial issue. Many people believe it will help reduce poverty and boost the economy. However, they are not looking at the downfalls this will bring to our country. This could make the unemployment population rise, it will raise prices of other things, and would have little effect on reducing poverty. Raising the minimum wage would have a negative influence on our country.

One of the most frequently asked questions in our country seem to be should the minimum wage be raised or should it be lowered or eliminated altogether. From where I stand minimum wage should be raised. Everyone is more successful when people are paid a living wage. Changes to the minimum wage would strengthen the economy and business, Lift Americans out of poverty, and will be unlikely to significantly impact prices. The only way to grow the economy in a way that benefits 90% is to change the structure of the economy. Paying people a fair wage is a sign of respect and acknowledgment of the value of people's contributions to the business. The minimum wage should be raised because it would reduce poverty, it is unlikely to significantly

In a modern world where income inequality is rampant and economic conditions are often very unfavourable to the vulnerable poor of our society, the minimum wage is often a heated focus of public policy debate. The debate often revolves around one simple question: “To what degree does an increase in the minimum wage increase the wellbeing of minimum wage workers?” Although this is a debate which is fundamentally centered around the workers, it is important to consider the reaction of the employers when attempting to create effective minimum wage policy. The responses of the firms represent a key factor; especially when projecting the potential effectiveness of the implemented programs. Generally speaking when employers are faced with the problem of being forced to pay higher wages as a result of legislated minimum wage increases, they are left with limited solutions with which to manage the associated increase in production costs as a result of the higher wage. They can choose to pass costs along to consumers, however that can result in long term sales declines which leads the firm into a downward spiral of falling profitability. This was found to be the strategy employed by Pennsylvanian fast food firms facing wage increases in the late 1990’s. As explored by Alan Card and David B. Kruger in their paper examining the response of minimum wage paying firms to price increases, they found evidence “suggesting that much of the burden of the minimum-wage rise was passed on to

Increasing minimum wage would not be good for the most vulnerable people. This includes teenagers, low-income families, and families that have more than 3 people in the household. The people that would get hurt the most by increasing the minimum wage would be those people who are supposed to be the beneficiaries. Shrek once said, “Even left-leaning European governments that embrace activist government, labor market regulation understands raising the minimum wage that high would hurt the most vulnerable workers” (The New American). A higher minimum wage could result in a significant increase in high school dropouts. People who want to increase minimum wage would say the exact opposite. They would say that increasing the minimum wage would be good and that it would help families out but that is not the case. Increasing the minimum wage would help reduce