Raise Minimum Wage

There is a lot of controversy over whether the minimum wage should be increased to 15$ an hour in all states. Proponents say that current wages in America are not livable because inflation is way higher than the current minimum wage; Minimum wage was 1.60 in 1968, which is equal to 11.60 today. Opponents say that many cannot afford this, will have to close down, make cuts, raise prices and lay off people because they will need to pay them more. Most economists believe that that high of an increase would hurt job growth. I believe that Increasing the minimum wage to fifteen dollars an hour nationwide will do more harm than good. Raising the minimum wage to fifteen dollars an hour nationwide is too big of a jump and would just cause businesses to cut off workers, force small businesses to close and increase inflation.

When there are millions of Americans living at or below poverty lines, something has to be done. Billion dollar companies and businesses that employ workers, paying them low wages is hurting the economy. The reality is, unless the minimum wage is raised, the cycle will only continue. With higher minimum wages in place, the entire country does better and, therefore, should be raised. There needs to be laws put place to raise the minimum wage. Doing so would boost the economy with all of the money that Americans would put into it. With higher minimum wages, millions of Americans can get out of poverty, not having to rely on the government for assistance such as food stamps, public housing, child care, and health care needs. They can afford better housing options in which they want to live. Communities would see less crimes in neighborhoods creating a safer environment. Aside from that, Americans can afford a good education, health care, as well as healthier eating and exercising habits.

Minimum wage is the minimum hourly wage an employee can be paid from their employer. The federal minimum wage is set at seven dollars and twenty-five cents an hour in the state of Mississippi. Some states have chosen to raise their minimum wage higher than federal requires. San Francisco, CA, has the highest minimum wage fixed at ten dollars and fifty-five cents. Even though, some states have a higher minimum wage than others. The Fair Labor Standards Act entails every employee to be paid the same amount. If minimum wage was to be raised, it would have advantages and disadvantages.

Working is supposed to help people get out of poverty, not live in it. People deserve to get rewarded for their hard work and should be paid to live a better life. But with the current federal minimum wage of $7.25 an hour, it is hard for workers to even pay for their necessities. Minimum wage should be raised to help workers feed themselves and to take care of their families with their wages. It will also help boost the economy, finish inequality and the poverty from this society.

When it comes to cash options everyone has their hands out and people are asking for more. Money situations can make life easier and less stressful, especially when minimum wage is concerned. Many jobs argue whether minimum wage should be raised or lowered. The minimum wage should be raised because people want to make more money, others believe that some people make too much money, and some individuals feel it should be raised according to job qualifications.

Who knew that minimum wage could save the world and the people in it? The last time minimum wage was raised on July 24, 2009, and that when it rose from $6.55 to $7.25 per hour, How have we been living on $7.25 this long? We haven't been living on it we were trying to survive and a lot of people can’t survive on a minimum wage that low. Raising minimum wage to an amount that could actually let people live comfortably would help the economy and a lot of people who struggle in this economy. This is not all that can help but raising the minimum wage can be the start of a lot of problems that deal with job growth, reducing child neglect, and poverty.

The minimum wage has been a topic of discussion for decades. It was introduced in the Fair Labor Standards Act in 1938, originally set at $0.25. It has since been raised 29 times. The current federal minimum wage is $7.25 and was set in 2009 (11). This is the reason many people are upset with the wage not increasing. It would take $8.09 in 2016 to equal the $7.25 from 2009. The minimum wage needs to be increased to boost the economy and lift families out of poverty. However, the minimum wage should not be increased to more than $10 per hour to prevent an increase in the price of consumer goods and prevent a spike in high school dropout rates.

Minimum wage is the minimum hourly wage an employer can pay an employee for work. Minimum wage helps people pay for things they use or need every day like food, clothes, and their homes. In some cases and for certain people the the federal minimum wage is not high enough for them to live on. In this paper I will argue that minimum wage should be increased to benefit people in a variety of ways, both socially and economically. Increasing minimum wage will also help cut down on government spending and pull people out of poverty.

In my opinion, the minimum wage is absolutely necessary. Whenever there are talks of raising it, however, many are appalled by the notion, but, people rarely argue that their employer should pay them less. The minimum wage today is too small and should be raised to a more reasonable amount.

I don’t think the minimum wage should be raised. While low, raising the minimum wage would not necessarily have just positive effects, it would have negative effects as well. If it is raised jobs would decrease. There is a set amount of money and raising the minimum wage would not help the workers at all. The topic of minimum wage should be left between the employees and the employers, the people it really affects. It should be up to the employee to work as hard as they can and up to the employer to pay them for the job they have done. Some say that the minimum wage should be lowered, they tend to argue that with the amount the employees earn being so low they have to work extra jobs just to make a living. What they don’t see is that with a

When people get a job they think that they should be able to afford to financially support their families; however, this is not the case for so many hard working people. There are plenty of people who opposite the raise of 15 dollars an hour, yet there reasons are unsound since just like the business owners try to get their employees are trying to support their families. Many think that raising the minimum wage would hurt businesses, yet how can businesses grow if people do not have money to spend on those businesses. People need to have extra money in order to be able to spend more money and help the economy. Increasing the minimum wage helps many people be able to survive.

Families will have better care, reducing demands on the health care system. More money means people can spend money on better products at the supermarket which means there is less of the chance of them become ill. That leads to them being less of a burden on the government and the government does not have to spend tons of money on health care. When people start spending money the economy starts going and businesses make enough money to pay the higher wages. “Raising the minimum wage would be good for our economy. A higher minimum wage not only increases workers’ incomes—which is sorely needed to boost demand and get the economy going.”(Lester) Low wage workers are most likely spending the money where other low wage worker work at. This would

Imagine working for a little company off the street in a small town for a set amount of money in the 1900s. This was the beginning of becoming a successful businessman. People have been working for a set amount for as long as the people of this country can remember, but as years progressed that set amount turned into a something called minimum wage. More years progressed and it kept rising higher and higher, and that is why this countries economy is as bad as it is. Although many Americans believe raising the minimum wage will benefit this country, the economy and poverty line may be devastated.

I think minimum wage is important because brings families with a lower income out of poverty. Mr. Sherk says “it is ineffective because it keeps some workers from on “the bottom rung of the ladder” little chance. When they keep upping the minimum wage some workers get the benefit while others get left and do not get the higher paying jobs. With increasing the minimum wage older workers get left for younger teenagers which leaves a high unemployment rate. On a statistic taken by the BLS or Bureau of Labor Statistics says that the people getting minimum wage are 16-24 year olds, the teens wanting a summer job or single mothers trying to support their families. Nine percent of adults under the poverty line are working full time.

I think a better alternative to minimum wage for low to moderate income families is to expand the earned income tax credit (EITC). I believe this would be more beneficial because eligibility is based on total income of the family and factors in their number of children rather than being based off an individuals income. I think that if EITC increased and wage subsidies increased it would promote business, create jobs, and encourage employers to raise wages. Another solution would be to give small businesses tax reductions giving the owners incentive to higher more employees and counteract job loss that raising minimum wage brings. An alternative to rent control is subsidized housing for low-income families. It is available to those making