Should We Raise Minimum Wage

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.

This paper will explore the pros and cons of raising the current minimum wage to $15.00. It will start with the history and reasons for the minimum wage. It will cite the positive aspects for raising it, as well as the negative consequences of that action. It will then touch on actual cases presently, within the U.S. economy. Finally, I will present my conclusion.

Raising the minimum wage would hurt the less fortunate families. It spreads income unevenly. Some people would receive more pay and others would lose their jobs making families and the economy suffer. If someone have a minimum wage job that pays $5.15 it is better than no job at $6.00 (Henderson). If someone has a job that does not pay well be thankful for it, it still provides for the

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.

U.S. Democratic Presidential candidate Bernie Sanders has said, “It is a national disgrace that millions of full-time workers are living in poverty and millions more are forced to work two or three jobs just to pay their bills” (Wolf 1). Sanders has said this frequently and is referring to the drastic amount of Americans who are currently struggling, despite already having a job. The issue of whether or not to raise the minimum wage in America has been a widely discussed topic for years. Minimum wage refers to the smallest amount of money a worker can legally be paid in the U.S. It was first signed into law in 1938 by President Franklin Roosevelt in order to keep workers out of poverty and as it stands, the current federal minimum wage in

Many people say raising minimum wage to fifthteen dollars in California is a horrible idea,but it can actually help lots of people.

Is the minimum wage too low? Can it support families these days? Minimum wage should be raised for more affordability because of all the rising rates these days. Increasing the minimum wage allows adults and parents to afford an apartment. The rise in minimum wage would allow people to afford necessities and more jobs are created. Raising the minimum wage also attracts people for businesses as well. The minimum wage should be raised so that people can afford apartments, they can afford necessities and more jobs are created, and attract people for business.

Raising the minimum wage would cause chaos throughout the work field with higher class workers. All the workers would be in a panic. Rushing to get a job, or struggling to keep theirs. One researcher reveals that “Raising the minimum wage will make lower-end jobs more attractive to people with greater education and skills who may not have considered them before at a lower pay scale. Those better-skilled and educated workers will outcompete unskilled workers for jobs, further worsening the poverty of the least-skilled workers and forcing them out of the labor pool” (Reisman). Based upon this research, Reisman states “making lower-end jobs more attractive” and yes this is common sense, would a worker prefer work an easy fast food job for 15$

As published by Alison Doyle in “Pros and Cons of Raising the Minimum Wage”, “An increase in the minimum wage raises the standard of living for impoverished workers.” Furthermore, workers that make more than the minimum wage are also effected due in part to the ripple effect, which means that the rise of the minimum wage positively effects higher wage brackets. Katie Lobosco of CNN Money said in the article, Minimum wage hike could mean a raise for all, “As a result, the Economic Policy Institute estimates about 4.6 million workers will see their wages increased, 2.6 million of whom are directly affected as the new minimum wage exceeds their current hourly pay. The other 2 million already make slightly more than the new minimum wage but will benefit from the ripple effect. “ Employers will give valuable employees more money to stay competitive and retain those with valuable skills. people will not want to take job positions where they make almost the same amount as their subordinates. With everyone seeming getting more money the economy could flourish. Alison Doyle painted a great scenario in her article where “Additional income would be spent by consumers and would ripple through the economy if overall budgets for salary were increased under a gradual increase in the minimum wage scenario and Government expenses for social programs aimed at the poor would be reduced causing slightly lower taxes for other

As a society, why do we argue that when minimum wage gets raised inflation will not occur? Raising minimum wage will have little effect on low wage workers; not only will it lower the incentive for low wage workers to further their education, but it will drive up the cost of living and taxes. Today’s society is facing many problems (such as poverty, homeless youth, and expensive healthcare) and raising minimum wage will not solve any of them.

There are many people that feel minimum wage workers should have their salaries increased to benefit their lifestyle. However, at the same time others feel that the federal minimum wage shouldn’t be increased because it will have worsen the amount of poverty in our country. The main concerns of the opponents include the decrease in employment and the increase of prices.

Minimum wage affects people's everyday life. It determines what kind of life you live. Therefore the national minimum wage should remain the same.

Business is an occupation or profession of the purchase and the sale of goods, in which an attempt to make a profit. As a business can also be a person or corporation engaged in exchanges, manufacturing, or a service to seek profit. Every second the national debt continues to grow, the government feels raising the federal budget will make a difference, but it will not. If were sought to help alleviate the national debt my proposition would be to raise the minimum wage, which not only benefits the people, but it can the government as well.

Things in our society have changed drastically in the last ten to fifteen years. I remember seeing gas prices for $1.00, but I also remember when they were almost $5.00 a gallon. Things are not cheap like they use to be. A lot of people have to work more than one job to make ends meet. Single mothers have to pay for daycare, and that is expensive in itself. There has been talk for quite some time about raising the minimum wage. With everything in life, there will be positive and negative impacts on this subject. I for one am for a minimum wage increase. We will take a look at the aspects it will have for employees, how the increase will affect our cost of living, and how it will affect employers.

One of the most obvious and anticipated effects of a minimum wage increase is the income increase especially for families on and below the poverty line. An approximated 16.5 million people stand to gain from added wages, and most families ' incomes would, in fact, rise above the federal poverty threshold (Congressional Budget Office). With so many families depending on the minimum wage to forge a livelihood, an increase would be a blessing in disguise. It is a fact that some American families have parents working up to two or three jobs to keep up with the cost of living which is dynamic in nature. As such, children grow up with absentee parents and lacking the attention they need to enhance their psychological well-being. Increasing the minimum wage is likely to ease the pressure from such families and encourage more cohesive family units.