The Benefits Of Increasing The 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.

Should minimum wage be increased? Passage one strongly supports and gives details on why minimum wage should be raised. Many workers are asking for a national minimum wage increase to $15 per hour, while others say that a higher minimum wage will stifle business and ultimately hurt the economy. So, should the minimum wage be increased or not? The federal minimum wage was introduced in 1938 during the Great Depression under President Franklin Delano Roosevelt. It was initially set at $0.25 per hour and has been increased by Congress 22 times, most recently in 2009 when it went from $6.55 to $7.25 an hour. 29 states plus the District of Columbia (DC) have a minimum wage higher than the federal minimum wage. 2,561,000 workers earn the federal minimum wage or below.

Since 1938 the federal government for the United States of America has set the minimum wage. The laws were put in place to prevent employers from taking advantage of workers and paying a person less than the mandated amount per hour. At this point the minimum wage has not been increased since 2009 and it is only $7.25 per hour. This means that a person working full time will only gross $15,080 per year, an amount that is well below the poverty line. It is time to raise the minimum wage for several reasons: First, if you take in to account inflation, a person making minimum wage today is making less than a person who made minimum wage in 1968. The minimum wage in 1968 was equal to about $8.68 in 2016 dollars. Second, people earning a good wage is not only good for the worker and his or her family, it is good for society. And finally, raising the minimum wage will act as a stimulus for the economy.

The minimum wage has been a topic of discussion for decades. It was introduced in the Fair Labor Standards Act in 1938, originally set at $0.25. It has since been raised 29 times. The current federal minimum wage is $7.25 and was set in 2009 (11). This is the reason many people are upset with the wage not increasing. It would take $8.09 in 2016 to equal the $7.25 from 2009. The minimum wage needs to be increased to boost the economy and lift families out of poverty. However, the minimum wage should not be increased to more than $10 per hour to prevent an increase in the price of consumer goods and prevent a spike in high school dropout rates.

Many people wonder if a raise in the federal minimum wage would help or hurt American. The federal minimum wage was introduced in 1938 during the great depression under FDR. It was initially set at 25 cents per hour and has been increased by congress 22 times. No we should not raise the federal minimum wage because it would hurt small businesses, increase competition between worker, and increase prices of good.

The idea of having a federal minimum wage is a good one. The idea is to protect low and unskilled workers and allow workers to earn a living wage. The recent debate on the floor, though, is whether or not to raise the minimum wage from the current $7.25 per hour up to $10.10. President Barack Obama made this proposal during his annual State of the Union Address, and after this there were many hot debates about it. The debates focused not only on the pro side and the con side of increasing the minimum wage, but also alternatives to increasing it.

The minimum wage is basically the lowest an employer can give there worker an hour, and abide by the labor laws. In most states the minimum wage is $7.25 per hour, but in California and Massachusetts the wages there is $10.00 per hour. Senator Bernie Sander agreed to living in poverty with the wage set at $7.25 per hour, and that if he made it into the office that he would introduce a bill to raise the wages all over to $15.00 per hour. The benefit of raising the wages would help low income families throughout the economy, and help with unemployment. Overall, this is based on our President and Congress whether a law like that can be passed.

The federal minimum wage was introduced to the United States in 1938 during the Great Depression. The minimum wage was at first $.25 and has since been raised 22 times by Congress. The last time the federal wage was raised by President Obama to $7.25 back in 2008 . However, this low wage has been a problem for those just trying to support their families and dig themselves out of poverty. Raising the minimum wage will not only help these families that are working hard to live a good life, but also hard-working individuals .

Raising minimum wage has become one of today’s most popular issues to debate. Minimum wage has not grown along with inflation throughout the years and it has caused many people to fall into poverty in the United States. But what is Minimum wage? It is the minimum pay a worker is entitled to for their labor. Meaning that it is illegal for employers to pay a worker less than the minimum with the exception of a few jobs like waitressing. On July 24, 2019 the The Federal Government set minimum wage at $7.25 per hour. Although some states have established their own minimum wage standards most conform to the Federal mandate.

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.

The federal minimum wage for employees is $7.25 per hour. It has been effective since July 24, 2009. Its general purpose was to keep America’s workers out of poverty, and increase consumer’s purchasing power in order to stimulate economy. Progressives introduced bills in the House an Senate to increase the federal minimum wage to $15 and, in a

Minimum wage is one of the biggest problems here in California, there have been many debates on whether the minimum wage should increase to $15 an hour or stay where it currently is. As of right now the minimum wage in California is $10.50 but will soon increase to $15 by 2022. In 2012 the minimum wage would have hit $21.72 if it had kept pace with the economy’s growth. Increasing the minimum wage will be great because it will help with many things. It will be beneficial for corporations and small businesses to expand their purchasing power. It will help families be more financially stable and lift more than 1 million people out of poverty. You might think it won't and it will make goods, gas prices, and increase house values, and the unemployment rate, but that’s the reason why the minimum wage was introduced Everyone in the working class will benefit from the increase of minimum wage.

In recent years, the demand for an increased minimum wage has erupted across the nation. During the ongoing debate, a few states, cities, counties, and companies have taken the initiative to raise the minimum wage of $7.25 per hour to the varying wages of $7.50-$11.50 per hour. According the United States Labor Department, 29 states and the District of Columbia pay above the minimum federal level of $7.25 per hour. The raising of the minimum wage has numerous supporters; however, there are individuals who are opposed. The analyzation of ethical theories, such as, utilitarianism, altruism, and egoism will be utilized to obtain a more significant understanding of the importance to raise the minimum wage to a livable wage.

Imagine you walk into a McDonalds, just going to get quick, cheap fast food. You have $5 at the counter. Except, the only problem is, that everything is $5 each and your total is $12.47. All you got was a basic burger with some fries and a drink. And this will not stop with McDonald's it will be this way for all fast food restaurants. And not just fast food, but everything will be more expensive in every factory-made product and in the grocery stores. Tens of thousands of people are losing their only income to a 3rd world country. This is all because people that are making minimum wage are making more, so businesses will just raise prices. Raising the minimum wage will ultimately be a bad idea because of inflation, hurting the middle class, and having a loss of jobs in America.

The federal minimum wage has been a major political issue in American since it first came into effect in 1938 during president Franklin D. Roosevelt presidency. Over the years, many have wanted to raise the wage or leave it alone. The debate has been a problem in America over eighty years and will continue to be an issue as the economy changes. The federal minimum wage should not be raised because it will hurt small businesses, teenages/ young adults will be out of the work force, and will increase poverty and reliance on government programs.