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
The Necessity of Raising Minimum Wage 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
Three-quarters of Americans favor a higher minimum wage (Smith). Although so many favor raising the federal minimum wage, it is still a highly debated topic in today's politics. The federal minimum wage was enacted in 1938 as a result of Franklin D. Roosevelt’s New Deal. One of the main goals of minimum wage was to establish a standard living wage for employees. However, over time this living wage has turned into a starving wage. The federal minimum wage should be raised because it has not kept up
misused and introduced the first federal minimum wage: 25 cents per hour. Since FLSA was created, every few years, Congress revise it to account for inflation. Currently, in the United States, the federal minimum wage is $7.25 per hour. Millions of people in the United States are either living in poverty or debt. Some of these people also have families to take care of and living on the minimum wage is not enough. People argue that raising the minimum wage would hurt businesses, force companies to
of Union address in the House Chamber at the U.S. Capitol in Washington D.C. One of the focuses that Obama proposed was raising the national minimum wage from &7.25 to $9.00 an hour. Raising the minimum wage will allow people to have more income which will lead….. (finish intro) The U.S. government has been debating whether it is necessary to increase the national minimum wage. The group that tends to be the center of this argument is small business “because of hour important they are to our economy
United States, over 25% of all hourly workers from age 16 and up are earning at or near the minimum wage. This is over 20 million people. The minimum wage is the lowest amount a worker can get paid per hour, which is currently $7.25. However, many states and cities have raised their minimum wage above the U.S. federal minimum wage. Even though some states have taken the initiative to raise their minimum wage, many people are still living in poverty. In most cases, they not only need to provide for
Minimum wage has long been a topic that has brought on many heated debates. It has been said over and over again that minimum wage should be raised. These people say that raising minimum wage only does good for people. However, I, along with many other people, believe this is wrong, and we should instead be making moves to keep minimum wage where it is. Raising minimum wage may provide some positive effects, but those positives only go on to be overwhelmed by the negative effects caused by it. Wages
national minimum wage has a huge effect on small business and the employees of those businesses. The federal minimum wage should not be raised because it will ruin small businesses, increase poverty in america, and give a disadvantage to young adults. The most affected aspect of the economy from raising the minimum wage are the small businesses. Small businesses will quickly dwindle away from the raising of the national minimum wage. Consider a small pizza shop. An increase in the minimum wage of 1
Therefore the national minimum wage has a huge effect on small business and the employees of those businesses. The federal minimum wage should not be raised because it will ruin small businesses, increase poverty in America, and will negatively affect young adults more than other groups. The most affected segment of the economy by raising the minimum wage is small businesses. Small businesses will quickly dwindle away as a result of raising of the national minimum wage. As an example consider
Did you know that the Federal minimum wage for employees has been $7.25 since June of 2009? In modern society, poverty and inflation are common substantial problems. Many people think increasing the minimum wage will corrupt businesses and employers by forcing them to make cost cuts and increasing inflation, while others think it will reduce poverty and inflation by increasing individuals income. For instance, according to the Los Angeles Times, Lissette Rowe, a 30 year old psychology student from