Pros And Cons Of Raising Minimum Wage

The reason why minimum wage should be raise is it would relieve people from relying on food stamps. According to Dave Anderson, an author at Listland.com ,“Top 10 Reasons to Raise the Minimum Wage,” he quotes “ If the government chose

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.

Rex Huppke, a journalist for the Chicago Tribune, deftly discusses the pros and cons of raising the minimum wage in the last of a two-week series in “In the Minimum Wage Debate, Both Sides Make Valid Points”. Although I am for raising the minimum wage, Huppke’s presentation of the opposite argument does make one think beyond the gut reading that everyone deserves more money. Huppke’s argument that a large number of minimum wage earners are student of the elderly leads me to believe that a tier of wages would take care of the issue. For example, anyone working less than 35 hours a week would be paid at a certain rate; with full time getting an increase. I am not concerned by the argument that a higher minimum wage leads to lay-offs or price increases when most products sold in America are manufactured by cheap foreign labor. There is already a huge profit margin that could sustain such an increase. Rather than give discounts on goods and services, thus preventing employees from exercising the right to shop, stay or eat wherever the employee chooses, these employers trap workers into giving back the very money they have “slaved” for.

Since 1938, when the minimum wage was first introduced (at a rate of $0.25 an hour), the federal minimum wage has increased 22 times. The minimum wage is the salary floor, or the lowest possible rate that employers can pay employees.

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.

There are 156. 4 million people in the US workforce, however 5.2% of those are unemployed. The federal minimum wage is $7.25 an hour; however, each state has its own laws regarding minimum wage and the amount can be higher or lower than the federal minimum, but the employee receives the higher of the two (2015). A higher minimum wage means that employers are less apt to hire someone. Some experts explain this by saying that if an employer values the job at a lower wage per hour than the minimum wage set by the government, then the employer is less likely to hire someone to fill that role. The employer only wants to hire someone when that person will be able to generate some sort of value for the company and positively affect the bottom line. Another problem with a high minimum wage is that potential employees are less likely to want to work if they are able to receive unemployment benefits from the government that will almost equal that which they would receive from working a minimum wage job (Gillikin).

Raising minimum wage has been a debate for quite some time now. President Roosevelt started minimum wage in 1938. When minimum wage was first set, Roosevelt had set minimum wage at $0.25 an hour. Since then, minimum wages had gradually increased to $7.25 an hour and has not been risen since July 2009. According to an article on ProCon.org, “congress has increased federal minimum wage 22 times.” When making such a decision, pros and cons should be weighed. People should also remember that minimum wage may be different from state to state. For Example, Michigan is where I’m from and minimum wage has increased to $8.90, as of January 1, 2017. Other examples include; California at $10.50, Arizona at $10.00, and Massachusetts at $11.00. Because everyone has different feelings about whether to raise minimum wage, weighing the Pros and Cons is very important for congress in making the right decision. For the citizens of the United States and for their future. I believe that the Pros outweigh the Cons.

Overall, minimum wage should not be increased because of the effect it would have on smaller businesses, movivation to work, and demand for labor. Over the years minimum wage has been used as motivator and has supported smaller businesses. If minimum wage were to be increased so would unemployment and the crime rate. The demand would be increased, leading to a supply decrease. Although it is debatable whether or not minimum wage should be increased, it is clear that it would cause more problems than it would

One reason not to raise the minimum wage would be because of an increase in comptiship between younger unskilled worker and older skilled worker. The young, unskilled worker would hit harder because an unskilled worker will take more time to do something than a skilled worker, and skilled worker can do thing more efficient. The job market

Did you know minimum wage was $0.25 per hour in 1938? Since then it has raised to a whopping $7.25. Most readers will agree that there is a problem with this current minimum wage, considering the cost of living and salaries, Etc. However, they might not understand the complexity of the issue. In fact, the topic is not simply a question of if the minimum wage should be increased or kept the same, but more of a complex issue involving the different viewpoints on why people agree or disagree. Some reasons why people might agree is: decreasing poverty, increase in government aiding, and cannot afford basic needs. In opposition, opponents of the minimum wage might say it increases poverty, increases unemployment (specifically among unskilled or

Raising the Federal Minimum Wage to fifteen dollars an hour has caused a major dilemma in the fast food industry. Minimum wage jobs were originally created for high school students, and were never intended to become full time jobs. Over many years they have turned into being full time jobs for anyone. The Federal Minimum Wage should not be raised to fifteen dollars an hour.

Minimum wage should be increased because Parents that don't have degrees are struggling providing their families. People that have not gotten degrees because they could not afford them or have had families early and do not have the time or resources to go to school can not get a job that pays over minimum wage, most of the time. For instance, the employees that work on minimum wage in California have to work 130 hours a week to afford two bedrooms, this is the reason that the government supports the low income families. Raising it would help these people afford to support their families on their own. Also the minimum wage is not keeping up with inflation making it harder and harder for people to afford things, which is affecting the economy even more because people are not buying, or they will buy cheap things that are made somewhere else, which

Everyday people wake up and get ready to go to work. It is a part of life and has always been a part of our society. Some go into a fancy offices, agencies, or hospitals. Many, however, go into factories, fast food restaurants, and retail chains. Not everyone makes a six figure wage with fringe benefits. Most of America, believe it or not, struggle to make ends meet. That’s why it is important for political figures the finally take a stand with the low-income Americans, and help them succeed in today’s cruel world.

A part of the problem has always been whether or not to raise the minimum wage. Over the past several decades the minimum wage has increased significantly higher and higher. According to minimum-wage.procon.org, “should federal minimum wage be increased,” minimum wage has actually been increased twenty-two times and the most recent in 2009. The current minimum wage is seven dollars and twenty-five cents and some states have a higher minimum wage rate (Doyle). This increase in minimum wage over time can cause a lot of problems among businesses and workers. I have debated for a long time if this is really what we need to do because I have worked in the restaurant industry and know what it is like to receive minimum wage. People have argued for years why the minimum wage should not be raised. In my opinion, minimum wage should not be increased because it will lead to higher costs at restaurants, unfairness to waiters and waitresses, machines replacing workers, and cause the cost of living to possibly increase.

The minimum wage is the lowest possible wage that employers can legally pay their workers. Today, it seems like everyone has their own opinion on the minimum wage. Should it be abolished, raised, or should it remain the same? I will talk about the pros and the cons of raising the minimum wage as well as my own opinion if it should be raised or if it should stay the same.