Preview

Benefits Of Raising The Minimum Wage

Satisfactory Essays
Open Document
Open Document
163 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Benefits Of Raising The Minimum Wage
I think that raising the minimum wage is more beneficial to workers and the economy since it would help those individuals that can barely make a living. Furthermore, not only would it provide aid to the employees, but it would also be good for the economy. It doesn't really affect the person's income when the minimum wage is increased. This are the reasons why I think that raising the minimum wage would be good.
Raising the minimum wage would help those families who are struggling to supply their children with necessities. These families might barely have enough to pay all the bills they owe from their check. By doing so it would help them cover the expenses that their having to do at their home. This can also have an advantage since it would

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Hana Mandefro

    • 176 Words
    • 1 Page

    The cost of living has sky rocketed,it has become almost impossible to rais afamily on a minimum wage job. A person live on his or her own can not survive on minimum wage job either. Their living expense would just be too much. The earnings of minimum wage workers are crucial to their families well being. That is way the minimum wage should raised.…

    • 176 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Many business owners have argued that raising the minimum wage would cause hardship and cause businesses to raise their prices, but many workers argue that raising the minimum wage is necessary to help low-income workers to get out of poverty. Two main issues that workers face are insufficient wages to support their families which causes them to depend on government funding. Secondly, workers are faced with decreased job satisfaction due to making low wages. In my opinion, minimum wages should be increased because it will allow workers to feel that they have job security. Additionally, increased pay will allow people to further support themselves and avoid taking benefits from the government and can use…

    • 340 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    All these articles mentioned above in my research focuses on both the benefit and drawback of minimum wage hike. We saw many voters want the minimum wage to go up, so that they can live a better life. Many other articles also show that in the long term its effect would be devastating. Minimum wage has both good and bad effects. We have to take into account the worker that works for minimum wage. They barely have anything left after all the tax money is deducted. It’s hard to maintain a family when someone works for that little money. We have also seen some solutions to minimum wage problems. For example: People are struggling to survive with the minimum wage we have now in many states. Minimum wage hike is necessary for those cities that have…

    • 355 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Minimum wage is not just about somebodies income. Raising it will have much greater affect on the economy. The cost of goods and housing will go up. The reason the price of those things will go up is because we still have to help cover the cost of workers. By increasing the minimum wage it will decrease ones desire to further their education.…

    • 353 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    As stated in the pros column written by David Cooper, minimum wage should be raised to help people in poverty, help people pay for education, and to allow people to have some assurance when it comes to money. A raise in the minimum wage would help many people.…

    • 586 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Minimum Wage Increased

    • 49 Words
    • 1 Page

    Should federal minimum wage be increased? Some say that it should be increased because it will create a better economy. Some disagree by saying that increasing the minimum wage would create fewer job positions causing employers to either make their product more expensive or reduce the number of workers.…

    • 49 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Raising the minimum wage affects all workers young and old. You might might think that receiving more money is a good thing but it actually negatively affects the economy and its jobs. Raising the minimum wage will eliminate jobs because the employer has to pay the workers more so they will hire less and might replace them with computers or robots. Oxford University researchers Carl Benedikt Frey, PhD, and Michael A. Osborne, DPhil, stated in a 2013 study that "robots are already performing many simple service tasks such as vacuuming, mopping, lawn mowing, and gutter cleaning" and that "commercial service robots are now able to perform more complex tasks in food preparation, health care, commercial cleaning, and elderly care." Raising the…

    • 361 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The minimum wage has the ability to ruin or stabilize our economy. The government must be more cautious in its implementation of the minimum wage. The minimum wage should not be raised because it will increase inflation, take away jobs, decrease job opportunity for untrained individuals, and hurt small businesses. A rising minimum wage will result in a higher price of goods and raise inflation of our economy.…

    • 1692 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Minimum wage has been a controversial debate for many years. Many proponents argued that the minimum wage should be raised for many positive reasons. These reasons include: lift people out of poverty and create income equality, reduce government welfare spending, and increase consumer spending. While many other opponents argued, minimum wage should not be raised because of the negative impacts associated with it. These impacts include: increase in poverty because many workers will lose their jobs, an increase in the prices of goods and services, and reduce consumer spending.…

    • 962 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Hello Julia, I agree with you. minimum wage should not be raised because there will be high price production, and inflation, which will hurt consumer especially the low-income family. Raising the minimum wage commonly may be seen as a way to give a low-income worker a raise, but it resulted in a surplus since the minimum wage is a price floor. Surplus happens when the quantity of supply is greater than the quantity of demand. In this case, more people are willing to work than employers are willing to hire at the stage of minimum wage price rising and it will result in high unemployment. There would be a high unemployment rate because employers are forced to pay more which likely lead them to hire fewer workers in the workplace, especially for the small business or companies. Fewer people getting hiring mean less work is being done.…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    One of the most controversial topics is raising minimum wage; in fact, people feel ambivalent about it. Over the years minimum wage has not been mercurial; indeed, it has always been low, making people under the poverty line struggle by not being able to provide the essential necessities for themselves. Raising minimum wage would help quell people living at the poverty level. I believe raising minimum wage would help people at the poverty level become more resilient at the fact that their pay would increase. Hopefully raising minimum wage would make human population more benevolent and maybe they will even give kudos to the government for this action. It is very unequivocal to me that if the minimum wage was raised then the poor, lugubrious…

    • 129 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Raising Minimum Wage

    • 621 Words
    • 3 Pages

    Raising the minimum wage is a topic that often brings about much debate. But in the overall aspect, what such changes would it bring? People often fight over if it would be more of a good thing or more of a bad thing, throwing around misconstrued ideas before actually doing their research just because they heard it somewhere else. Well after much consideration, research, and discussion it does appear that it would be more beneficial to raise the minimum wage because it wouldn’t only lead to economic growth but also lead to job growth and a possible increase for job placement advances.…

    • 621 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The raising of minimum wage would cause businesses to lay off many of their workers. This increases the unemployment rate in our country. Furthermore the poverty level in our country would be increased by raising minimum wage. Those people who one would think would benefit from a raise in the wage, would actually be negatively affected. Their increase in pay means a decline in the hours they are allowed to work. The decrease in hours is because the demand for the expensive products has gone down. The products have become more expensive, because of the raise in wages. Raising the wages starts a trickle affect that affects many people (ProCon.org).…

    • 581 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Minimum Wage Arguments

    • 345 Words
    • 2 Pages

    We should raise the minimum wage because it is effectively lower than it used to be. According to one article, “ The purchasing power of the minimum wage has been on a steady decline for many decades. It's worth about 20 percent…

    • 345 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Raising minimum wage in the United States will affect our economy because of the high rates caused by inflation. Many people are constantly complaining about the low pay they receive in their checks by the end of the week. They constantly complain about the fact that they can barely afford to pay their bills, and if…

    • 1110 Words
    • 5 Pages
    Good Essays