Raise The Minimum Wage Essay

A bill increasing the current minimum wage is greatly needed, and our government officials should demand a raise due to the increase in the cost of living, as it’s no longer realistic. We need higher paying wages for all, middle and lower class income levels. Without some sort of help and support from our government the economy will only get worse. Students will not be able to afford the cost of school and living. Single family households will not be able to support their selves.

What’s in it to lose? Nothing because by doing so it can help to reduce the government welfare spending at the same time helping someone to at least make ends meet. Therefore, raising the minimum wage will help people to take of their family basic needs such as good nutritious food, instead of the unhealthy food, health assurance for them to go to the doctor and a place to stay. People that work minimum wages not always able to afford their basic needs. They sometimes prone to sickness because of their unhealthy lifestyle and with no health assurance they won’t be able to afford to go the doctor or their

Investing in employees is the single most important investment that a company can make. A lot of Americans are now in deep poverty, or have a huge amount of debt to catch up too. With the thought of that, in the United States today, millions of Americans are living on the federal minimum wage of $7.25. For this case, it is necessary that there is a need for an increase in the federal minimum wage because it would be much more beneficial to both the economy of the United States and to individual workers because more Americans need spending power, higher minimum wage will help close the wide gap between the wealthy and the poor, and the working poor need to protect themselves in case something goes wrong.

In 2009 when the federal minimum wage was increased to $7.25 per hour, this is the last time that the minimum wage for Wisconsin was increased. I for one as a college student have a hard time paying for college only making around minimum wage. Other adults that have families and that are working for minimum wage have a much more difficult time providing for their families and paying for all of their expenses. In many cases some of them work two jobs just so their family can some extra money to do other activities. You have stated that helping people get careers that pay more than minimum wage is what you want to focus on, so there is no reason to increase the minimum wage for Wisconsin. I believe that the minimum wage in Wisconsin at this time is not high enough to pay for the average person’s lifestyle and should see a small increase to reduce the poverty in Wisconsin.

To begin, increasing minimum wage would increase economic activity. With an increase of $1.75 hourly, it has been predicted that there would be increase of aggregate household spending to $48 billion the next year (Aaronson). This increase would boost the United States GDP and lead to job growth, which proves that higher minimum wage equates to higher economic activity. In addition, it has also been found that raising minimum wage would would benefit

The first reason that America should not raise the minimum wage to $15 per hour is that millions of jobs being potentially lost. Do you remember the great depression ? Do you remember how millions of people lost their jobs? My father lost his job and our family had to dig into our life savings to stay afloat. Millions of jobs were lost and many people were forced on the streets because they could not pay their bills. This is related to raising the minimum wage in the way that this same effect may happen. More than 8.4 million americans work for minimum wage. If the minimum wage is suddenly increased to $15 per hour people will be fired to pay for the raise of the other workers. That will then cause jobs to become tighter and many people will be forced on the streets because they don't have a job to pay their bills. That will then have an effect similar to the great depression regarding jobs.

"No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty."

In order to protect our workforce and the economy of our nation, the minimum wage cannot be raised to $15/hour. Doing so would would have a detrimental effect on the workforce by jeopardizing jobs and restricting people from escaping the grasp of poverty. In order to successfully reduce poverty through economics we must also understand who utilizes the minimum wage, and successful alternatives to raising wages that are available.

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.

The minimum wage is one of the most discussed issues around the country. Everyone has a different opinion if raising the minimum wage would help families across the country to have a better lifestyle or if would cause an unbalance in the economy. Democrats and Republicans have a different view on this issue, while Democrats supports raising the minimum wage by $15 an hour, Republicans have stated that they refuse increasing the wage because it would leave different factions of Americans outside of job opportunities and it would cause an unstable economy. The current presidential candidates, Hillary Clinton from the Democratic Party and Donald Trump from the Republican Party have differed in their opinions about the raising the economy with the minimum wage. In order to make a huge decision in the economy of the country it is necessary to see the facts and numbers to evaluate which decision would make the economy stable and grow equally.

When someone makes $15 an hour, they have more opportunity to put that money back into the economy. spending $15 an hour on employees, we would see our GDP rise as well due to the sheer fact that more money is being paid for services and more goods are being bought. People believe that having the minimum wage raised would mean that jobs would be lost, but that is false. That extra money would go to buying goods and services, so there would essentially be a higher need for workers because of the higher demand of goods and services.

The people of America need to afford to live. Millions of minimum-wage workers today live in near destitution. Minimum wage workers are not paid nearly what they should be to survive. The minimum wage being raised to fifteen dollars an hour helps the U.S. economy, reduces the number of people in federal assistance programs, and is supported by the majority of U.S. citizens.

“Of course, nothing helps families make ends meet like higher wages. … And to everyone in this Congress who still refuses to raise the minimum wage, I say this: If you truly believe you could work full-time and support a family on less than $15,000 a year, go try it. If not, vote to give millions of the hardest-working people in America a raise.”

Some people don 't see how increasing the minimum wage can boost our economy so the best way to demonstrate it is through history. Our economy has faced many challenges through the years since it’s founding in 1776, but it’s most difficult challenge to the economy would be the Great Depression. After the stock market crash in 1929 people pulled all of their money out of the bank and horded the money they had. This caused the economy to become even more damaged because our economy depends on consumer spending. By increasing the minimum wage to fifteen Dollars a hour

Opponents to minimum wage raise claim that the minimum wage costs jobs by pricing low-wage workers out of the labor market. However, when we review academic studies that examine the effects of minimum wage increases on