The National Minimum Wage Should be increased to a Living Wage. Back in 1998 Labour 's’ Tony Blair introduced the national minimum wage (NMW). It was created in aid of employers not valuing their workforce, often giving them very little wages. When it was first introduced the
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 would hurt job growth. I believe that Increasing the minimum wage to fifteen dollars an hour nationwide will do more harm than good. Raising the minimum wage to fifteen dollars an hour nationwide is too big of a jump and would just cause businesses to cut off workers, force small businesses to close and increase inflation.
Increasing the minimum wage to $15 per hour will cause more people to be laid off. Labor economist Joseph Sabia of San Diego State University went against the raise of the minimum wage because businesses will start cutting low-skilled workers and their decrease in income will result in poverty. Increase in minimum
The Federal Minimum Wage: Should It Be Raised to $15 Everyone agrees that it is time to raise the U.S. Federal Minimum wage, but if we listen to the ‘Fight for 15’ movement and increase it to $15; will that much of an extreme increase hurt more people than it helps? The current U.S. Federal minimum wage is set at $7.25 per hour and was signed into law in 2009 by then President Barrack Obama. An increase to $15 per hour would be more than double the current rate and would have to be implemented in stages or it could have catastrophic consequences for our economy and lower wage workers. The minimum wage is the basis for the wage structure across the states. The population could see a decline in their living standards if the minimum wage
Should Minimum Wage Be Raised? Minimum wage has always been a controversial issue. Many politicians use the argument of minimum wage for their own political propaganda. Some may argue minimum wage should be raised, while others believe it will have detrimental effects on our economy if it is raised. Surprising to most people, minimum wage earners make up only a small percent of American workers. According to the Bureau of Labor Statistics, minimum wage workers make up about 2.8% of all workers in America. “The majority of minimum wage workers are between the ages of 16 and 24. These are high school and college students” (Sherk 2). But high school and college students are not the entire percentage of minimum wage earners. When minimum
The current minimum wage is $7.25, which equals two gallons of milk, one fast food meal or two gallons of gas. Can you imagine yourself working 12-hours a day and only having enough money to pay for rent and put food on the table for your family? With working all
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.
Rojas 1 Andrew Rojas English 1A Professor Got. Nov. 11, 2016 Why Should Minimum Wage Be Raised We are arguably living in the aftereffects of a country that reached its heights of Capitalism during the Industrialization era. Prior to the introduction of machinery and railroad systems to America, the economical framework relied on a warped version of lasseiz-faire and featured wealthy descendants of British merchants who joined the colonies. Others worked menial jobs and apprenticeships to guarantee their source of income and it is safe to say that many were unhappy with their predicament --- even if they had no platform to voice this opinion. While the Industrialization Era introduced centuries of wealth to America, it also severely tipped the wealth distribution scale which can be seen extremely in events like the multiple depressions of the 19th Century and recessions in the 20th Century. In a 2013 statistic, researchers found that 53.5% of people despise their jobs. If you ask around, you 'll find that many overqualified Americans are still working menial jobs to provide for their families and that even office jobs are not that promising in terms of salary. The wealth cap for most of these citizens is around $60k~ and many, many Americans are living in poverty. There seems to be a socio-economical propaganda that is being spewed around for many years that many workers of minimum wage are lazy, entitled teenagers who have nothing better to do than sit around and collect
“When we talk about the kind of folks whose lives will be made better by raising the minimum wage, we 're not talking about a couple teenagers earning extra spending money to supplement their allowance. We 're talking about providers and breadwinners. Working Americans with bills to pay and mouths to feed” (Perez 2015). Minimum wage is a problem to America because some people cannot live off it and some people say businesses should not pay extra. Should the minimum wage be raised ? “A native of Detroit, Cecil Euseary, 52, moved to Holland, Michigan in 2007, after his mother died — he had to get out of town. He moved back to Detroit in 2014.He works at Burger King working minimum wage there. He can only get about 25 hours of work per week at Burger King. Cecil has been active in the "D15" campaign to increase the minimum wage in Detroit to $15 per hour. He once met with U.S. Secretary of Labor Thomas Perez, when he was visiting Detroit. "It 's hard. If it weren 't for my god mom — this is her house; I get a room upstairs — if it weren 't for her, I don 't know what," Cecil says. "I 'd probably be out on the street, in a shelter." (Euseary 2014). The minimum wage should be raised from $7.25 to $10.10 an hour because if you raise the minimum wage to $10.10 an hour it would lift people out of poverty, it would increase the federal purchasing power and not as many families struggling to make ends meet. Here’s another story, Enriqueta works as a housekeeper for minimum wage in the
Would raising minimum wage benefit our society? Changing minimum wage could potentially hurt the economy. It would be nice to have an increase in
Minimum wage is a highly controversial topic in the U.S. everyone would like to be paid a little bit more but do people even stop for a second and think about the consequences of raising pay. Economic failure, poverty increase, housing price increase, layoff increase, and hour decrease. There are also many more terrible things that are country can't handle if we were to raise the minimum wage.
Should minimum wage in the United States increase? This is a challenging issue in politics today. According to Alan B. Krueger, the minimum wage, at the federal level is $7.25 and has been since 2009 (par. 1). State governments take it in their own hands and raise the minimum wage their selves (Krueger, par. 4). Congress is debating if it is necessary for the entire country to raise the minimum to $10.10 and eventually somewhere between $12.00 and $15.00 (Krueger, par. 2). But, there is an inconsistency in this topic; this is whether the minimum wage should stay the same or if it should be raised by the federal government. This inconsistency has to do with a small group in the United States that has authority over policy making, which is different
Anton Reinhofer Mr. Forhane English 9A April 12, 2016 Should Minimum Wage Be Raised? Should America’s minimum wage be raised from $7.25 all the way to $15 an hour? Many are for raising it because they say it will decrease the amount of families living uncomfortably in poverty struggling to pay rent, feed their children, and make ends meet. But those who are against it, say it will increase the amount of businesses going bankrupt and will drive unemployment sky high. Critics of minimum wage say that minimum wage should be changed to living wage which will take the economy into account and would provide families with enough to live a comfortable lifestyle. Raising minimum wage in the United States to $15 an hour would be a bad idea for three reasons, earnings per share in even large stores would plummet, it would drive unemployment to an all-time high, and it will not take the economy into account.
The topic on whether the minimum wage should be increased our untouched has been a hot topic in the media and political scene lately. Both the republicans and democrats have spent some big bucks lobbying their insights on the matter. There has been a lot of subjective and objective arguments that are reasonable on both the pros and cons of increasing our national minimum wage. To add to the drama associated with this topic, President Obama endorsed a bill proposing a nearly 40% rise from $7.25 to $10.10 per hour. The President has been campaigning around the country ever since his State of the Union address, pushing congress to raise the minimum wage to $10.10 an hour. Many say this is too high due to the costs of enacting such an increase, and many say this is a little low due to the increased cost of living. After looking into both sides of this debate, I realize that overall it would be better for the well-being of our nation to increase the minimum wage due to the short term and long term costs that an increase of the minimum wage could lead to. In terms of helping out the lower class and poor citizens of the United States, increasing the minimum wage level is not the answer.
Why Minimal Wage Should Be Raised 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).