Raising The Minimum Wage

There are a lot of people around the world who struggle with money and a satisfactory way of life. Whether they be in the United States or across the globe, there is a standard minimum wage set for the working class of their country. In the Unites States, there is a federal minimum wage of seven dollars and twenty five cents per hour worked. Almost every state has another set minimum wage, which typically is a little higher than the federal minimum wage, but it cannot be lower than seven dollars and twenty five cents. Countries set minimum wage laws, to ensure there is a basic quality of life amongst its citizens. As the minimum wage goes up in certain states, the quality of life also improves. The problem with a higher minimum wage, is now people are getting paid higher for entry level jobs which are meant for teenagers and people new to the workforce. If the minimum wage keeps increasing across the country, teenagers and young adults will have a much more difficult time finding jobs.

The minimum wage debate has been a hot topic over the past year, especially with the Presidential Election. This is a divisive topic that people rarely agree upon. There are essentially two sides you can take when it comes to this argument. Either people are for minimum wage or are against raising, or even having, a minimum wage. Proponents of the minimum wage are typically politicians who are lobbying for the vote of the people who feel that a minimum wage is critical to their wellbeing, and those who sympathize with people who earn “minimum wage”. Minimum wage is destroying America’s free market economy and someone needs to take action and find a better solution to this problem. Without anyone acting on this problem now, it can potentially be worse in the long run. Raising the minimum wage in the United States will do more harm than good to society because of the long-term effects.

Most Americans agree with the minimum wage hike. According to The New Labor Forum, “73 percent of the public—including 90 percent of Democrats, 71 percent of independents, and 53 percent of Republicans—favors raising the federal minimum wage” (Dreier, 3) This is

In the United States of America, federal minimum wage is $7.25 an hour. This is an issue, nation wide because the price of living is increasing, while the pay has not. Teenagers are not the only people that are getting paid this amount, adults that are considered the “bread winners” are too, and struggling with it. Supposing that the living wage was increased, the cost of living would be more manageable, and less stressful for many. Hundreds of thousands of people are living in poverty, since they are making the bare minimum and unable to support themselves or their family. If federal minimum wage was increased significantly, then people working forty hours per week would be well above the poverty line, and able to support themselves, easily.

This has been a discussion for the ages. The debate over raising the minimum wage has been a hot topic. Raising minimum wage would reduce poverty, be better for lower paid workers, and to reduce expense for social programs.

On July 24th, 2009, the United States of America raised the minimum wage to $7.25. However, six years later the minimum wage rage remains the same. It is time once again for the federal government to raise the minimum wage to spur the economy. Raising the minimum wage would help the American economy and the daily life of the citizens for a variety of reasons. The first topic is that it not only would help the people but it also would help the economy as a whole. The second topic is that companies are already raising the minimum wage because of the lack of money workers get. Finally the third supporting idea is that the states are also raising it over the federal minimum wage and also how can help poverty. There are many more topics on why the minimum wage should be raised but these reasons are the most important.

By raising the minimum wage some people will no longer live below the poverty line, the amount of consumer spending will increase and more people will be in better health.

The federal minimum wage in the United States is currently $7.25 an hour. Increasing the minimum wage would lift approximately 900,000 people out of poverty. Forty-three million Americans are living in poverty due to low income, health care costs, childcare costs, college costs, and housing costs. The federal minimum wage should be raised because it keeps up with inflation and would scale down poverty levels.

Since September 1, 1991 the federal minimum wage in America has been $7.25; over 30 states have raised their minimum wage to over that amount, and I feel like they should raise the minimum wage to one final salary. It would be extremely difficult to survive on $7.25; To make ends meet, It is most likely that someone working minimum wage will be working more than one job. This can be very hard on families with children because the parents are away so much. Some states that have higher minimum wages like Washington with a $11 an hour make the prices of living higher and so it does not make a major difference in life.

Should minimal wage be raised to $15.00 an hour? I think that minimal wage should be raised and would greatly benefit the economy. Raising the minimum wage can lead to economic stimulus, create more opportunity for jobs, and reduce the expense of social programs. If the economic stimulus is improved, there is more money to be spent. If there are more jobs created, people can appreciate productivity and turn down rates. If the expense of social programs is reduced, low income families would not have to worry about depending on welfare. Raising minimal wages would give hope to the woman, different race, and encourage and motivate others to further their education. (Doyle, 2015).

It seems only logical that providing the poorest segment of society with more pay for their work will improve their situation and give them the working capital they need to work their way out of poverty. With each incremental increase those who are directly affected by the increase will instantly have more money to help them purchase more good and services to improve their living conditions. Additionally increasing the minimum wage would likely have a positive effect on the overall economy as workers immediately increase their consumption possibly increasing GDP and the resulting employment

Raising the minimum wage is necessary and will have the following three outcomes; Increase economic spending thus reducing economic recovery time, improve overall living for families, decrease the need for social programs such as Temporary Aid to Needy Families (TANF) and Supplemental Nutrition Assistance Program (SNAP).

Raising the minimum wage would cause businesses large and small to be overwhelmed resulting in a decrease of sales, if the business has no revenue employees will then be replaced either by machines or more experienced workers.

There are many advantages to increasing the minimum wage, most of which are simple enough to understand, and make someone think that

How is it possible that full-time workers in America can barely make enough money to survive? Given that America is one of the most prosperous and wealthy countries in the world, it seems absurd that there are 43 million workers in America right now who are living in poverty despite working full-time jobs (“Should We Raise”). The reason for this unacceptable situation is that the minimum wage is unreasonably low and is unable to sustain someone in today’s economy. It is imperative that the minimum wage be raised in order to alleviate poverty, stimulate the economy, and keep pace with inflation.