Survival Of The Working-Class Analysis

To begin, there is an extensive debate over whether if the U.S were to raise minimum wage, could it really help the working poor of low income families. Nancy Cook, in her article from the National Journal, “Why a Minimum-Wage Hike Can’t Help the Poor”, she points out that two thirds of around 100 surveys from 2007 had a negative effect and that it does more for the middle class than the lower one. (p.14). So, therefore, from her

For centuries, many philosophers have discussed the issue of class struggle. Karl Marx and Andrew Carnegie both developed theories of the unequal distribution of wealth a long time ago; however the only Carnegie’s ideology could apply to American society today. In “The Communist Manifesto”, Marx first introduces the two main social classes: bourgeois (the upper class) and proletarians (the lower class or working class). He points out the revolution of industrialism has made changes of Capitalism to Communism. He suggests that the rich should redistribute property evenly because the proletarians have put a lot effort contributing in the

If this is indeed the case, the raising of the minimum wage does not positively affect the poor, but reduces the ability of the poor to purchase the necessary items needed to survive. If the employer must increase the wage of its entry-level workers, there is virtually no chance they will be increasing the wage of the workers just above the minimum wage level. Therefore, the increase in the minimum wage will reduce the buying power of the poor family by increasing the cost of goods required to

The readings examined how classism has negatively affected economics in the United States, how oppression manifests in taking financial advantage of groups of people who cannot advance financially, and systemic issues contributing to low wage and inability to move out of one’s social class. I was struck by the idea that most people in the United States are disadvantaged financially based on the way the country has set up its economic policies. From the beginning, black people have been oppressed by the inability to attain wealth, which continued through the end of WWII. I unnecessarily read a chapter speaking about financial companies targeting poor people, particularly people of color, with money schemes so they are losing their hard-earned money to fees and interest rates. This scheme continues to keep people in debt and living paycheck to paycheck. I related to the reading about college loans creating a paradox that students with degrees enter the workforce unable to find a job in their their field of study. Then the added paradox of not being able to find work making

Ira Knight, who is an author of article “Let’s Make the Minimum Wage a Living Wage”, expresses an opinion that increasing the minimum wage would help all struggling workers and at the same time improve U.S economy. On the other side, Janice Steele in her article “Keep the Minimum Wage Where It Is” argues that raising the minimum wage would have bad effects on workers, consumers and small businesses. Ira Knight’s article seems to be the stronger of the two positions because her arguments are based on several recent studies, and last but not least, she had a personal experience with the minimum wage job.

During all the history of minimum wages a bunch of studies were made to analyse the effects that the minimum wage changes can bring to employee’s life. In the oldest studies, the institutions that worked on it couldn’t find a significant change on the employees, job searches and employee’s behaviours. The only fact that was noticed was the

The novel, “The Working Poor” by David K. Shipler gives us an inside look into the lives of the lower class and he explores exactly what it means to do hard, exhausting but honest work in America. The working poor are working people whose incomes fall below the poverty line. While poverty is often associated with joblessness, a significant proportion of the poor are actually employed. Shipler teaches us that just because you have finally become employed does not mean that most or all of your worries are over, often times they are increased. Largely because they are earning such low wages, the working poor face numerous obstacles that make it difficult for many of them to find and keep a job, save up money, and maintain a sense of self-worth. Shipler did an amazing job bringing light to the “forgotten America”.

The controversy over what to establish as the official minimum wage in the United States has been debated and argued over for many years. Due to inflation, the gradual increase of pricings due to a saturation of printed currency, the minimum wage for workers has to be increased in order to compensate for the ever-fluctuating value of the U.S. Dollar. Many today are rising to the conclusion that a minimum wage of fifteen dollars an hour is necessary. This motion is designed to keep those who have minimum wage income out of poverty and to increase the amount of money in the consumer’s pocket overall. However, this particular increase in minimum wage will lead to the inevitable downfall of the United States’ economy and be a catastrophe for the working class.

The protesters are arguing that the wages that they are earning cannot allow them to pursue a higher goal and improve their lifestyles. This is affecting Americans today by taking away some of the workers’ children’s chance of aiming for a better life. Most families that are living on minimum wage cannot afford to send their child or in some cases children to college because they do not earn enough. These students are the future of our country, yet they cannot hindered because of financial problems. In fact, the article states that “lower wages are negatively affecting the nation’s economic growth.”

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 those long hours, you can barely afford to pay your utility bills and after that you don’t have enough money or time for luxuries like clothing or vacation. You have no savings as matter of fact, you are in a huge debt and you are living paycheck to paycheck. This is the story of millions of American worker, who are employed on minimum wage. The shocking part about this story is that million of Americans would be saved from this poverty life, if the American government raises the minimum wage. This would not only help the workers, but also the economy because raising the minimum wage would put extra money in the pocket of minimum wage worker and extra spending would help restore consumer spending.

Although many Americans are aware that our country suffers severely in the category of poverty, minimum wage is not factor that many turn to think as a fault. They claim to know about minimum wage; however, it is merely a blank claim because they have neither experienced the hardship under a cap of expenses nor does the issue affect them. In fact, this issue is detrimental to our country as we are slowly falling into unemployment and homelessness. In Barbara Ehrenreich’s book, Nickel and Dimed: On (Not) Getting By in America, she states that minimum wage had fallen back comparing to the living cost in the 1900s; however, this statement is still true today. Enrenreich is a reliable reporter who travels to three different cities with contrasting backgrounds. She tried to experience the life of a minimum wage worker in order to accurately report the inside scoop of a life that most Americans do not know to exist. As a supporter of her claim after realizing the way our country has been living, I too believe that minimum wage does not fulfill its purpose and should be raised, as it does not serve enough to cover even the essential expenses.

Labor is an important service that must be available and balanced in an ever growing population. For example, there cannot be a larger number of residents than there is labor or else there will be a definite increase in poverty. In the United States, there is a set law of minimum wage, which has an effect on companies and how they manage their labor force. The increase of the minimum wages affects the overall distribution of hours available, therefore, hurting the amount of labor needed. Conversely, minimum wage also has a major effect on those who recetly entered the workforce. If the minimum wage rises, there will be an increase of the unemployment rate. Correspondley, as the unemployed suffer, the first to be affected will be incoming laborers who are looking for jobs and work experience which is essential for their future. However, the upside of increasing minimum wage is that for those employed who keep their jobs they will earn more income which may increase the

Those who are content with raising a family on minimum wage will fail themselves and their family by not making themselves better. Additionally, those employers who report millions and billions in annual profits and continue to pay their workers minimum wage are being greedy, and greater pressure put on the employers to pay a better wage. As the minimum wage rate edges, closer to union pay and state and federal pay scales, it will force the entire country into a labor dispute. Those with a college education or a trade will not continue to work alongside someone with no qualifications and earn the same pay. American companies paying minimum wage in high poverty nations would be overpaying the local nations as they have no experience and the work force pool size to be scarce. Those entering into the workforce deserve minimum wage and this would allow employers to train and employ more workers to fill positions requiring experience. Lastly, those choosing to not better themselves through education, and live on minimum wage is creating a bigger burden for everyone

So, in Warren’s The Vanishing Middle Class, her question initially was, “What is the middle class?” Which laid out her platform for her main stance: to expose the true issues of the middle class and why they’re suffering. For example, she counters the idea that they’re spending too much money on consumer goods by observing that “fixed” and necessary goods are up while their wages aren’t keeping a pace. With that being said, she makes a suitable point that the cost of living in America for the middle class is rising at a higher rate than the families can handle. In recent studies, like the ones she’s cited using figures and diagrams, have shed light among the profound changes within the incomes of these middle-class families and how they’ve been kept in the shadows. For instance, she addresses the issue of savings and debt in our nation, by providing statistical information based on families over a thirty-year time period to show the dramatic change generation after generation. Warren also emphasizes that people are quick to blame middle-class’ short comings in wages on overconsumption (especially those of luxurious goods), however the facts, stats and graphs don’t match up with that, but that of fixed costs, the things you can’t avoid (housing and childcare) have gone up so the middle-class can’t be to blame for that. Finally, she discusses the impact taxes had on two-income families by emphasizing the ups and downs of family’s incomes over the past generation. Ultimately, what is at stake here is, if the majority of the middle class doesn’t get some form of recognition and attention needed soon, they’re going to be whipped off the spectrum of today’s society.

In this globalization era, as various countries see growth in their economy, there has also been significant differences in the wages set to employees in different countries. The lowest wages set by the law that are fixed to a particular amount which is also defined to be the price floor below which workers shall not sell their labor, has its own effects. The minimum wage law came into force as a matter of social justice amongst the low-wage workers, also to reduce exploitation and see that workers can afford the standard basic living expenses and necessities, not to increase the unemployment rate, indeed to increase the employment rate.