Hayden Pepper 11/9/17 Mr. Davis Minimum wage is a problem, but most don’t want to raise it. Raising minimum wage will be a big problem now and including the future. Raising minimum wage is a problem depending on a social hierarchy. For many years the U.S had had many protesters and this is a problem according to state officials. Family's around the world are surviving on as little as 4.25 an hour in this case people have to survive off of food stamps and family members. Job owners can choose to higher the pay due to a raise in the company or a downgrade will determine whether they will make below minimum wage. Minimum wage should be increased from 7.25 to 9.00 an hour because of the over qualified, educated, and experienced Americans who are now relying on minimum wage jobs as a result of the struggling economy. Also, increasing minimum wage could help stimulate the economy. But, in order to get the economy back on track the spending power must be in the hands of the Americans who in fact, spend. With today's tough job market most job seekers are willing to acquire positions they are considered over qualified for, even if it means taking a pay cut. Therefore, an increase in minimum wage will ensure that low wage over qualified workers have the means for vital necessities like housing, food, transportation and health care. Last year, more 200,000 Americans with college degrees were working minimum wage jobs due to our struggling economy. Furthermore, an increase in minimum wage would help stimulate the economy by multiplying consumer spending without expanding the state
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.
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.
Currently the minimum wage is $7.25 an hour in most states. Recently, people have been lobbying to raise the minimum wage. Those petitioning do not recognize how raising the minimum wage will affect the economy and many people’s lives in a negative fashion. Endorsers believe that raising the minimum wage will help those who are poor, but in reality it will cause more people to succumb to poverty. For the sake of all Americans, we must educate the lobbyist regarding the effects of raising the minimum wage.
Humanity reaches unbelievable heights, discovers old civilizations, creates supersonic aircraft, launches every day new high tech gadgets, but fails to resist the challenge of the 21st century- the poverty. The U.S.A. has experienced crisis and prolonged period of economic instability which threatened first of all the economic security of individuals, families and whole communities. The minimum wage becomes a wealth inequality and economic segregation that endangers the ability to eat and remain healthy, have access to education and new opportunities. In these circumstances, replacing the minimum wage with a living wage will serve as a relief for the poor and will bring benefits to the local businesses and the economy as well.
The people of America are all for raising minimum wage to fifteen dollars an hour but what the people do not know is that raising minimum wage is not going to help the people in poverty. Raising minimum wage is only going to hurt the people in the middle and lower class by making the cost of living go up, leaving the people with education based jobs making around the same income, and creating a bigger career mess.
Minimum wage is a problem, but most don’t want to raise it. Raising minimum wage will be a big problem now and including the future. Raising minimum wage is a problem depending on a social hierarchy. For many years the U.S had had many protesters and this is a problem according to state officials. Family's around the world are surviving on as little as 4.25 an hour in this case people have to survive off of food stamps and family members. Job owners can choose to higher the pay due to a raise in the company or a downgrade will determine whether they will make below minimum wage. Minimum wage should be increased from 7.25 to 9.00 an hour because of the over qualified, educated, and experienced Americans who are now relying on minimum wage jobs as a result of the struggling economy. Also, increasing minimum wage could help stimulate the economy. But, in order to get the economy back on track the spending power must be in the hands of the Americans who in fact, spend. With today's tough job market most job seekers are willing to acquire positions they are considered over qualified for, even if it means taking a pay cuts. Therefore, an increase in minimum wage will ensure that low wage over qualified workers have the means for vital necessities like housing, food, transportation and health care. Last year more than 200,000 Americans with college degrees were working minimum wage jobs due to our struggling economy. Furthermore, an increase in minimum wage would help stimulate the economy by
“A nation will not survive morally or economically when so few have so much and so many have so little” (Sanders 1). One of the controversial topics in American politics today is the decision whether to increase minimum wage. Some people think raising minimum wage can only benefit them and our economy. You may be thinking nothing could be bad about having a few extra bucks in your pocket. What could be so bad about raising minimum wage? Minimum wage increasing would cause various issues in today's economy.
Minimum wage is defined by the dictionary as “the lowest wage paid or permitted to be paid; specifically: a wage fixed by legal authority or by contract as the least that may be paid either to employed persons generally or to a particular category of employed persons.” Minimum wage is also referred to as the living wage. For many in and out of the political arena, minimum wage, is a topic of debate. The discussion involves the fairness of the current wage and the need to raise this wage to correlate with the inflation rate. While arguments can be rightly justified for both sides, many people have a strong opinion about increasing this wage, especially the workers themselves. This topic is part of a larger discussion about changing the
Setting a floor on wages inherently limits the freedom to negotiate between an employee and an employer and directly contradicts the popular and pragmatic philosophy of laissez-fair capitalism. The minimum wage rose to prominence during the Great Depression, as politicians desperately needed a drastic solution to alleviate the effects caused by history’s worst economic downturn. Modern economists heatedly disagree about the idea of a minimum wage and passionately argue over it more than any other topic. Ambitious and often uninformed politicians espouse support for legislation for an increase to the minimum wage without considering the rippling effects that a wage floor has on the broader economy. According to numerous scientific studies and accurate and varied analyses of major world economies, a standard, governmentally-mandated minimum wage set at an equal rate for all sectors in a national economy increases productivity per worker; however, it also directly increases unemployment, decreases the relative pay for skilled workers, with
Minimum wage has been around since 1938. It was started during the Great Depression to give people the minimum some one could live off or the living wage. It has continued and changed over time to adjust for inflation and the gradual depreciation of money. It has been changed 22 times since it was created in 1938. The last time it was changed was 2007 it was raised from $5.15 to $7.25 (Curry). 72.2 percent of people working minimum wage jobs have a high school diploma and 8 percent have a bachelor’s degree or higher (Curry). The current lining wage in the United States is $10.60 but the minimum wage is still only $7.25. I believe federal minimum wage should be raised from $7.25 to at least $10.60 because it would help our economy grow, it would help business grow and it will get some people out of poverty.
Minimum wage is a thing that affects everyone in the United States. Minimum wage has been an issue for a while now, for example like how some people have to have more than one job to pay rent and everything because of minimum wage. Minimum wage should not be raised because most places are getting more technology to do stuff for them, more job loss, and things like food and stuff would cost more.
Bright yellow golden arches. The gateway to the future, or at least to the stomach. But are these golden fries and Big Macs the way to fortune? For some teenagers living at home with all bills and other needs paid for, it is. However, working behind a greasy grill in a hot room is not the way to the top of the economic ladder for most. McDonald’s is one of the many industries offering minimum wage jobs to potential candidates. “The Fight for Fifteen” is a campaign that will affect this company and many others similar to it. The current debate whether the minimum wage should be raised to fifteen dollars an hour has been going on for years. Economists from all over the country have gathered data and have predicted the economic downfalls that would arise from an increase of almost double the current minimum wage. Due to various detrimental side effects, the minimum wage should not be raised to fifteen dollars an hour.
My hands were sweating, and my legs was shaking while I was paying my college bill, realizing that I have nothing left over from my savings. To begin with, a Minimum wage is stressing people out and leading them to huge failure in life. Students and families are being destroyed because of low-income wages, students have been quitting their education because of not earning enough money and parents also are losing passions toward their future and kids because of not affording their family’s needing.