Should Minimum Wage Be Abolished Research Paper

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.

When it comes to raising the minimum wage, it 's an essential (U.S dept. Labour)ingredient in entering a stable economic society. Congress must raise to the challenge or face the consequences of a declining economy. With more than 70 percent of working class people working on minimum wages, the economy will surely benefit from giving them an increase. If they refuse to make an advancement towards the situation; we will make it very difficult for our future generations to raise out poverty. Help the working class people of American and pave a brighter road to our future economy. Lift the spirits of the American by giving them a raise. The cry of millions of American citizens living in poverty is most important to the economy. Whereas, raising

For many years, there has been an ongoing and strong debate in the United States on whether or not minimum wage should be raised from $7.25 an hour to over $10.00 an hour. Minimum wage is the lowest amount a company or employer can pay their employees. Many argue that the benefits of raising minimum wage surpass the negatives, yet many also disagree. But as a whole, the benefits of a higher minimum wage clearly outweigh the costs that come with it. Minimum wage should be raised because it would increase economic activity, reduce poverty levels, and allow for less government spending.

As our federal government debates the idea to raise the minimum wage, there are several interesting questions that occur. Most importantly, should we raise the minimum wage? I believe it is a bad idea to raise the minimum wage from $7.25 per hour up to $10.10 or more in a short period of time. I will explain why raising minimum wage radically would kill jobs and hurt our economy.

In conclusion, 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. So, I believe we need to raise minimum wage from $7.25 to $10.10 because it will greatly benefit this

Raising the minimum wage federally is a big challenge for the United States to overcome. There are different perspectives across the people on whether the minimum wage is fair. A state reserves the power to adjust the minimum wage within the state. Raising the minimum wage in a state like California to fifteen dollars an hour would be great. Increasing the minimum wage will promote economic growth. I agree raising the minimum wage is the fairest way to help low wage workers, but disagree it is the most economically efficient way.

The federal minimum wage law was signed in 1938 by President Franklin Roosevelt in order to keep people out of poverty and increase consumer purchasing power. This has done the opposite by hurting businesses and reducing employment, while minimum wages go up, so will the costs of living. Most of the people working for minimum wage are 16 between 24 years old, 37% of workers are going to school working part time. Enrollment tuition has increased over the years, and raising the minimum wage could mean further increasing expenses. But, for people who aren 't pursuing an education and begin working right out of school, the federal minimum wage $7.25 looks like it can be hard to live on. Raising the minimum wage would most likely increase with the cost of living, making cost of living or tuition even more expensive, making it harder to pay for groceries or bills. Just because someone starts out at a minimum wage job, doesn 't mean they can 't progress through the company and earn a better wage over the years. Minimum wages are more for entry level paying jobs that don 't require any certain set of skills to be able to do what they ask. Maintaining the current federal minimum wage of $7.25 will help stop rise of inflation.

Should minimum wage be raised? Minimum wage should be raised because we want a town filled with

The United States economy is still soft and prone to falling apart, and there is a debate that is on going as to whether the minimum wage should be increased or decreased. The minimum wage is a well known price floor, and that is what we need for our economy right now . I personally believe that we should not increase the minimum wage, but decrease it instead. I would rather have the minimum wage lowered than increased because that will only lead to negative side effects. For example, if the minimum wage is increased then the government will need to mint more money and the effect of minting more money is inflation. This will cause the American dollar to go down and worsen the economy even more. Another thought is that what the United States needs now are jobs. If the minimum wage is increased then existing jobs will want their workers to have more experience and for those people that are in dire need to a job will have a lower chance of getting the job because they

Are you a millennial in need of money? Then raising the minimum wage seems like a logical solution. The minimum wage law has existed in the United States for many years, its purpose being to regulate the amount of money that an employee must legally be paid. Citizens of the United States should be against the minimum wage rising but instead should focus on improving government assistance programs and closing the wage gap. If the minimum wage drastically increased, then other wage average salaries would also need to increase, causing prices to rise as a consequence. A common argument against raising the minimum wage is that it would impact small businesses, and that jobs will be lost. The overall amount of jobs in the U.S. is not finite, and

The government shouldnt raise minimum wage because though you would get more money minimum wage jobs are temporary jobs and meant to be treated as such. The minimum wage was never designed to be a "living wage" it was for all intent and purpose to be a safeguard against legalized slavery. If a company wants decent workers they will pay a decent wage. If the jobs are too low paying no one will want them and it will force the rates to be increased. Also if the rates are too low it will also discourage illegal immigration which we all know is a problem. A minimum wage job is a starting point not a career. And continuously increasing that wage only raises the costs of all goods and those earning that minimum wage will have their income

Now we must turn to modern times to understand these next few questions. Why should the minimum wage raise? Why should we keep it the same? Why do we need a minimum wage? We are going to look at the first question which is why should we raise the minimum wage? We should raise the minimum raise because there are many people that are barely getting by. Many people feel that the 1% rule the united states and should share that wealth. The argument against that would be that the 1% earned that one why should they share it. The other side is we should just leave it alone. This side believes that its fine where it is and if you don’t like it get a better job. They believe that this is just the way works. If you want something work as hard as you can and achieve it. There are no barriers. The sad reality of this argument is that there are some barriers for people preventing them from working some position. The one argument that I like the most is the middle approach as I call it. The ones that agree it should be raised but not astronomically high. Let me explain this approach a little in depth.

Minimum wage is a struggle for many Americans and I believe it needs to be raised. The minimum wage of the United States is $7.25 an hour. It is a rate that isn’t letting many Americans live life comfortably. If the minimum wage was changed even a merely $3.75 it would change people’s lives and will let many people get by. The minimum wage of $7.25 has stayed the same since 2009 and there hasn’t been any effort by the government to change it. Many states have increased their minimum wage, but I hope that the minimum wage rises nationwide and not individually as states.

In 1978 a college student only needed to work about three hundred hours to pay off a four-year tuition, in 2008 it took nearly three hundred hours per year! It decreased quickly in 2010 but is climbing again. Even though businesses will possibly result to cutting hours and jobs to support their financial loss, we need to raise the minimum wage to equal inflation. The lower class is growing and housing and college education costs have skyrocketed, leading to more homeless and uneducated people.

"The minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don't think it worked then. It didn't solve any problems then and it hasn't solved any problems in 50 years."