Minimum Wage Essay

Should the minimum wage be raised? This question is the question being asked by millions across the United States. Most people will say yes, however, an economist will most likely say no. This is a very important subject and what the people of the United States should be compelled to notice as well as take action on the minimum wage. In the United States, 3 million people make less than the federal minimum wage. Furthermore, with over 60 million people living in the lower middle class the minimum wage

could occur when their minimum wage is lifted. It sounds simple to raise the minimum wage and everyone be content, but the country could be seriously hurt. An increase in poverty and an elimination of jobs would be the after effect of a raised minimum wage. While almost every worker wishes to earn a higher profit, keeping the minimum wage where it's at now is the most logical way to avoid future problems. Therefore, to keep our country from going downhill the minimum wage should not be raised.

less fortunate to drain the wealthy. The minimum wage was created to keep many lives going. Although this is the case, minimum wage does not keep many people afloat, it has proven to be an issue and these wages need to be increased. Increasing minimum wage would increase economic activity, reduce poverty, and reduce government welfare spending. Fixing all of these will positively increase the economy and resolve our countries resounding debt. The minimum wage was first introduced in 1894 by New Zealand

The idea of having a federal minimum wage is a good one. The idea is to protect low and unskilled workers from discrimination and allow all 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 per hour. President Barack Obama made this proposal during his annual State of the Union Address on January 28, and following this there were many hot debates about it. The debates focused not only on

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

Why the Federal Minimum Wage should not be raised. The recent phenomenon of raising the minimum wage to $15 an hour has swept over the nation. Recently, both of Virginia's gubernatorial candidates have pledged to raise the minimum wage - if elected from $7.25 to $15 an hour. While their hearts are in the right place, raising the minimum wage will do more harm than good in poorer areas of the country. I don't want to come out and say that a living wage for people is a bad idea in general but it just

think about minimum wage and what our belief on raising it is, most people think one of two things. People hold to the belief that a raise to the minimum wage good for the economy or it is bad for the economy. The authors of “the minimum wage debate” (Hassett & Strain, 2013) would attempt to have us look at the debate in another way. In their article they use a number of rhetorical techniques on us to try and have the reader examine why they are in favor of a raise in the minimum wage. Are we in favor

The Minimum Wage Battle In the United States, the minimum wage was passed during the Great Depression in 1938 to protect the buying power of normal workers in a period in which the “unemployment rate was still a very high 19 percent” (Sklar, 2009, p. 1). Since that time, there has been significant debate about the controversial topic of raising the federal minimum wage. The federal minimum wage law was created to eliminate unfair practices of sweat shops and manufacturing companies during this time

The Effects of a Change in the Minimum Wage In 1938, the Fair Labor Standards Act was passed and ever since, the United States has required that all firms that do at least $500,000 worth of business per year pay their workers a minimum wage (“Handy” n.pag.). Because it affects so many workers in so many different aspects of the economy, the minimum wage plays a big part in the cost of labor and how firms deal with those costs. A change in the minimum wage, which would seemingly affect only

passed the federal minimum wage law in 1938 as part of their Fair Labor Standards Act. Federal minimum wages were intended to ensure fair wages were paid to an alarming amount of women and youths employed and paid substandard wages. This also seems to be the case today, where countless Americans who work full time, cannot make ends meet by making minimum wage. Evidence shows that raising the minimum wage would drive consumer spending, thus producing faster macroeconomic growth. Wage stagnation is one