Raising The Minimum Wage? Essay

Do you feel that the minimum wage is often too low in North Carolina for not only teenagers, but for adults providing for families as well. Do you think that the minimum wage should be raised a few dollars to allow citizens working on minimum wage to pay for college, save for insurance, buy food, and pay for rent? The average citizen must work hours on end to provide enough money to live sustainably. Thousands of kids live in poverty, and barely have enough food to stay nourished. These are the reasons on why we should raise the minimum wage.

Should the minimum wage increased to $10.10 an hour? This has increased over the years and everyone has their opinions. Those who are in favor of increasing minimum wage to $10.10 believe that more money will decrease poverty and the unemployment rate. Those who oppose the increase in the minimum wage, believe that it should not be increased and should stay the same, because it will cause businesses to close up because they are not making enough money to survive in the economy An increase in minimum wage would have to make the employees work harder to make increase sales of the business. I believe that the minimum wage should not increase to $10.10.

Should the minimum wage be raised? This question is the question being asked by millions across the United States. Most people will say yes, however, an economist will most likely say no. This is a very important subject and what the people of the United States should be compelled to notice as well as take action on the minimum wage. In the United States, 3 million people make less than the federal minimum wage. Furthermore, with over 60 million people living in the lower middle class the minimum wage is not high enough. That's why the minimum wage should be raised to $15 an hour because CEO's support it as well as it presents a living wage.

There are many employees who find themselves working full-time for what the government has so generously termed the “minimum wage”. In Missouri, the minimum wage has been set at a rather appalling $7.65 per hour while in other states there are wages starting as high as $10. Though arguably the economy is not as sluggish and terrible as it once was, $7.65 per hour will not help those who have children, no college degree and debts to pay. It is not only Missouri that has minimum wage laws, but every other state in America has minimum wage laws in place. Both California and Seattle recently established a plan that would see their minimum wages rise to $15 by 2021. The question for all the other forty-eight states remains, should the minimum wage be raised?

Imagine a single mother who has has the task of taking care of multiple children, all on a minimum wage budget. This mother’s mind is overwhelmed with worries. Will she be able to pay next month's rent? WIll she be able to put food on the table for all of her children. The single mother lives each and every day with this anxiety, and even with government assistance: Is it enough to live comfortably?

Raising the minimum wage is a very important public policy issue. Raising the minimum wage is a responsible policy that is supported by research and demanded by the American public. Each day, minimum wage workers across the country struggle to make ends meet and provide a decent life for their kids (Scott & Perez, 2016). Raising the minimum wage is a controversial issue, many believe that raising the minimum wage would only provide low wage workers more money to spend. However, the benefits can be endless for low wage workers. If minimum wage is increased across the United States it would afford the people effected more opportunities for financial freedom. Increasing the minimum wage would raise the standard of living for low wage workers, allow families to be removed from poverty, allow for government welfare spending to be reduced and lastly additional income being spent would positively affect the economy.

Rex Huppke writes, correctly, that raising the minimum wage is a complex issue. The majority of Americans agree to higher minimum wage, most being Democrats, while many owners believe that we should keep it the same. He says that people like to raise the minimum wage because “[I]t appeals to people, and it sounds like the right thing to do” (146).

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

Raising minimum wage has been an ongoing issue for many years. Similar to every debatable issue, pros and cons are inevitable. In the United States, minimum wage started when the Fair Labor Standards Act of 1938 (FLSA) was passed and minimum wage started at 25 cents per hour. The purpose of setting a minimum wage is to set a maximum workweek and to eliminate child labor. It is defined to be the least amount of money employers are obligated to pay their employees by law. As the years passed, the minimum wage began to increase to accommodate the growing economy. Although the wage has increased from a mere 25 cents per hour to $7.25 over the course of 75 years, living expenses are much higher causing many people to be poverty stricken (Debate.org). President Obama proposes raising the minimum wage, so that it would help minimize the income gap in America. However, most business organizations and the Republicans oppose to the idea, saying that it could potentially lead to more economic problems. While both sides have valid points, which one provides a more compelling argument? In the United States, the minimum wage should be raised in every state; therefore workers can have a more comfortable standard of living, lower the poverty line, and minimize the income gap.

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

As the presidential election approaches, topics like whether illegal immigrants are taking American jobs and rising the minimum wage have frequently surfaced on the front page of our daily newspaper and dominated our social media feeds. While these issues have numerous political implications, the center of the discussion is essentially about labor which leads to production, money, and driving the economy. Looking at labor, it is really important to examine labor supply because it shows the number of people willing and able to work in a particular job for a given amount of money, or wage. The number of people willing to work influences how much the economy can produce in terms of physical products and nontangible services like teaching. A labor supply curve is drawing out and connecting

Contrary to these beliefs, I believe that raising the minimum wage will not only benefit the company and employee immensely, but overall increase the productivity of workers. The raising of the minimum wage will help these low income families support their families, which decreases the poverty level too.

Minimum wages go all the way back to 1938, during the great depression, when the stock market crash and bank loan were failing. Families need income of some type, were they wanted to make it fair were individual could get pay the same without a college degree. I am going to start off with a little about minimum wages history and how this could help our Economic.

Raising the minimum wage to $10.10 is not the answer. The various amount of unintended consequences that would come about as a result is reason enough not to support an increase. Those who support an increase contend that it will alleviate poverty. Suppose a spike in the minimum wage does reduce poverty for some workers. This development will be offset since an increase in the minimum wage will further price out inexperienced workers from the job market, resulting in an increase in unemployment and thus, poverty. This can properly be described as a catch-22 situation; no matter happens, someone will lose. When you take these negative affects into account, is an increase in the minimum wage worth it? As expounded further, no it is not.

I have concluded that the people who disagree with raising the minimum wage agree that increasing wages would put a heavy burden on employers and could quite possibly run small to medium business owners out of business. It would also unfortunately hurt all people looking for a job because employers would not have the money to hire employees, which would increase the already high unemployment rate.