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. The “federal minimum wage has remained the same at $7.25 an hour since 2009” (“DeSilver, Drew”). To many people, it seems like
Pros and Cons of Raising Federal Minimum Wage Krystal A. Stapleton Keiser University Abstract Raising minimum wage has been a debate for quite some time. This Essay will go over Pros and Cons. I will research both sides of this ongoing debate. Listing a few from each side. Coming to a conclusion that raising minimum wage is what would be best for the citizens of the United States and for the economy. Pros and Cons of Raising Federal Minimum Wage Raising minimum wage has been a debate for quite some
Grimaldi/ Mr. Morotti College Now English/Government 14 November 2017 The first federal minimum wage was twenty five cents an hour. Which was set in place in 1938 as part of the New Deal passed by Franklin Roosevelt. Now the federal minimum wage in America is $7.25 an hour. There is a high rate of controversy as to whether the federal minimum wage should be increased or deceased. The federal minimum wage should not be because it will lead to a lack of ambition for people to achieve better jobs
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
Every year we go through the gauntlet of debate should the minimum wage be raised or even established. This has been an on-going battle since 1938 when the idea of minimum wage was set by President Franklin D Roosevelt following the Great Depression. It has since been increased twenty-two times by Congress. [1] For 2017 the minimum wage rate is still defined as the lowest hourly pay that can be compensated to employees. The Fair Labor Standard Act determines this in both private and public sectors
current federal minimum wage $7.25, which is just enough to pay some bills and live at the bottom of the social classes. With everything being so much more expensive than what everything used to be, you barely afford to live well off. Single parents have it worse, there is only one income in the house and with children to feed and bills to pay, they are going to have a hard time keeping up with it all. So the question is, should we increase the minimum wage standard? Though there are many pros and cons
Tai K. Lamar Jennifer Chicosky ENG-111-IN1 07/21/17 Raising the Minimum Wage from $7.25 Can you live off $7.25 an hour? Would you be able to pay all your bills, and have plenty of money left over for food, as well as personal pleasures? Imagine your salary was cut down to a forty-hour work week at the minimum wage salary in your state. Can you save money while on a minimum wage hourly salary? These same questions are on the minds of many Americans that are currently facing these struggles every time
Government Pros Raising minimum wage will allow students to attend school and decrease the high school dropout rate. Raising minimum wage will create a healthier population and prevent premature death. Raising minimum wage will allow increases productivity and reduce employee turnover. Raising minimum wage can keep up and increase inflation. Raising minimum wage reduces government welfare spending. Raising minimum wage increases economic activity and spur job growth. Raising minimum wage
Minimum Wage in the U.S. Many citizens in the U.S. have struggled living with minimum wage and making a living for decades. Issues involving poverty, inflation, inability to pay bills, taking care of their family and hard labor are just some of the negatives that relate to minimum wage. People have gone as far as working two jobs to maintain stability and be able to take care of themselves and others as well. However, many officials refuse to raise the wage due to the decrease in jobs, the inability
Minimum Wage A minimum wage is the lowest hourly wage that employers have to compensate the workers for their service. Currently the federal minimum wage is $7.25 per hour. However, many states also have their own minimum wage laws. In those instances, the employee is entitled to the higher of the two minimum wages. In this paper we will discuss the brief history of the minimum wage law and its current legislation. We will also analyze the pros and cons of raising the minimum wage, and the