Should Mcdonalds Raise Minimum Wage

The controversy over minimum wage has been ongoing. However, as explained in a Time article by Chris Lu on the subject, now is the prime time to raise the federal minimum wage. “Three out of four Americans support an increase; the economy is healthy; and many employers are already raising wages.” It’s reasonable to be worried about the consequences that raising the minimum wage might have in a time of crisis or unrest, but this quote mentions a healthy economy that would be able to handle the shifts in wages if things went south temporarily. Another argument made by opposers of raising the minimum is that businesses will be unable to survive. On the contrary, a good business will find it beneficial. “‘It’s a simple, but critical, concept: take care of your people and they will take care of your customers.’ For &pizza, higher wages reduce employee turnover, increase productivity and improve customer service.” Rather than hurting the economy, raising the minimum wage will help workers, business owners and the economy itself. A higher wage for all is

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.

bills. With a minimum wage job, one will receive about $800 a month, only if

Another reason i believe the federal minimum wage should not be raised is because if you make more money per hour employers will begin to cut the workers hours. If this happens this would not be solving anything because they would end up making the same amount of money if not less. An employer is not going to want to pay one employee a lot of money if they can pay more employers a less amount of money because that will mean at the end of the day the employer will be putting more money in his pocket. I also believe that raising the minimum wage would hurt many small business. The problem is that all businesses do not make a huge profit so they could not afford to pay a big amount in wages. This could be a problem because some people rely on these small business to support them and their workers. If these small business folded many people would lose their jobs and also their income. The biggest problem with raising it is many adults would try to get these high paying jobs and it would kick the youth out of the work force and they wouldn't be able to train for future higher level jobs so they

Would raising minimum wage benefit our society? Changing minimum wage could potentially hurt the economy. It would be nice to have an increase in pay; However it would only lead to inflation (The act of inflating or the state of being inflated Webster dictionary) with the economy.

Raising minimum wage has been a battle for many decades and it has always been a battle to raise it. Many families that work for a minimum wage job often have trouble making ends meet because making $8.75 just isn’t enough in this today’s economy. Some jobs are paying $2.13 an hour but this is mostly at restaurants that are family owned but if they don’t make enough on tips they must get paid $7.25 per hour they worked. Although minimum wage has changed dramatically since 1938 when it was $0.25 cents (Kurtz&Yellin) American families simply cannot live on minimum wage. Raising minimum wage should be raised to help families that need it the most.

From the article, what I have gathered that there has been a detailed deliberation and

Minimum wage should be raised since the living wage continues to rise. Minimum wage was established in 1938. President Franklin Roosevelt was the one to sign the Fair Labor Standards Act that established minimum wage.. The minimum wage boosted up in 1968 to one dollar and sixty cents.That would have been ten dollars and fifty-two cents in 2012.. In 1991, the minimum wage increased to four dollars and twenty-five cents an hour.. Then in 1997, it went up again to five dollars and fifteen cents an hour. The last time minimum wage was raised was in 2009 to seven dollars and twenty-five cents an hour. Minimum wage should be raised because of inflation, economic gap, and middle class support.

In today's society it's expensive to live in America and even getting day by day is very difficult if you are living on minimum wage, of course it's more difficult for some people than others depending on their situation and their living conditions. America should raise minimum wage because it would make things easier for people who are struggling. A higher minimum wage not only increases workers’ incomes, it will also be good for our economy. A quarter of people working minimum wage are at least raising one child. This change will help a lot of people it would make our country a better place.

Minimum wage is an ongoing debate in the United States. There are some people who think that it should be raised to a higher rate and others who think that it should not. There are many different pros and cons with raising minimum wage. Minimum wage is at a balanced rate that should not be raised due to lack of skill, low education, and economic problems.

What if a 16 year old was making $18,000 a year after taxes, working only 25 hours a week? Most likely you would expect that teenager to have a pretty prestigious job at such a young age. However that is not the case, if the minimum wage is raised to $15 an hour, a 16 year old could make $18,000 yearly working only 25 hours a week at McDonalds. Now for teenagers that have goals for college or a car, that would money to set aside for the future, however most 16 year olds do not have those goals in mind yet, so that extra money turns into wasted money. As of February 2016 the minimum wage ranges anywhere from $7.25-$10 across the United States. Florida’s rate is at $8.05 an hour, however some believe the minimum wage should be raised to $15 an hour in all states(Raise).” People working in minimum wage jobs may feel as if this $7 bump would be a great advantage to them, but there are possible negative results of doing this too. As a manager of a restaurant where employees start at minimum wage, I can only imagine the effects our company would feel. Raising the minimum wage is not the solution to helping people out of poverty , I feel it will only be enabling them to stay in the same position they are in and give less motivation for teens to further their generation. Increasing the minimum wage will harm businesses and will decrease the motivation to get a further education.

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.

How does an employer decide how much to pay his employees? Logically, he 'd want to reduce overhead costs by paying them as little as possible. Minimum wage laws exist to protect workers from being exploited by wages too low to live on, as well as in an effort to reduce poverty in society and it 's far-reaching consequences. Many states have laws that raise the minimum wage at the same rate as inflation, but the federal government does not (Whitaker 634). The value of a new minimum wage begins to fall from the moment it is set. Because the costs of living are always rising, it is a hardship on those who must rely on wages which constantly degrade in value to meet these costs. The federal minimum wage, $7.25, has become too little for anyone to live on, especially without public assistance. The federal minimum wage has lagged further and further behind inflation over the last forty years (Covert). The minimum wage should be raised to a living wage for the entire country and set to index with inflation. As the cost of living increases, the wages paid to employees to cover that cost also needs to be regulated to increase in order to address income inequality and bureaucratic oversight; additionally, recent analysis shows that there would likely be modest benefits to the economy in the event of a modest federal minimum wage hike.

The question that ponders many people’s minds is whether the federal minimum wage should be increased or not. The current U.S. minimum wage is $7.50 and this wage has not increased since 2009. Families with minimum income wages are suffering due to the fact that they cannot provide everyday needs for their families. This is the reason why many people are rioting. They are frustrated with the government’s nonchalant attitude towards the hard situations in which they are living in. A final decision must be made about this topic because at this rate people’s purchasing power will diminish while inflation will keep occurring. The federal minimum wage needs to be raised in order to help improve the living conditions of poor families, increase the economy’s stability, and decrease the unemployment rate. However, some people believe that increasing the minimum wage will cause small or large businesses to fire some of their employees because they are not able to pay everyone the same wage. This will stop economic growth causing an opposite effect than what was intended. These people need to realize that increasing the minimum wage will create more positive effects rather than negative effects. The federal minimum wage need to increase to at least $10 so families are able to keep up with inflation and the cost of living.