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…
I firmly believe raising the minimum wage would be an awful idea. People would think minimum wage should be raise, they are wrong and it will hurt them and everyone else. No one will want to attend college. All of the goods will increase in price, and we will lose our subsidies. The economy will be better off, if the government decides against…
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.…
While there are many opposing arguments supporting the raise of the minimum wage, there are far more compelling reasons not to. First, if the minimum wage were to increase, it would cost more for business to operate; therefore they would let go of employees or close altogether. Those now unemployed people would have to file for unemployment or find another comparable job at a larger company, who would most likely be looking to outsource work as well. America would lose business and money that could have been kept in our…
The government should not raise the minimum wage.Nothing good can come from raising the minimum wage. And if any good comes from it will be cancelled out by all the bad. As unfortunate as it sounds, raising the minimum wage will cause a drop in the job market. If a major retailer had to raise their wages for their workers they would have to get the money from somewhere. That means a raise in the price of goods and the laying off of positions that could be replaced by automated systems. The repercussion of this is an increase in Demand and a lowering of Supply. This means along with the minimum wage increasing, so would the expenses associated with living. There would be an increase in the price of goods and services. A job Shortage would…
The reason minimum wage should be raised higher is because people who work a job at places such as fast food,should be payed more. I say and support this reasoning because of what they go through dealing with customers. If minimum wage was raised higher then a lot of things would change.…
For those who are paid minimum wage, everyday living is a struggle. Minimum wage is the smallest amount of money that a boss can legally pay their employee. As of now, the federal minimum wage is $7.25 per hour. When people are paid minimum wage they can’t live comfortably. Raising the federal minimum wage is imperative, even though some may think differently. If the minimum wage was increased, people would be able to earn a living wage standard, and avoid poverty; however, some would argue that by increasing the minimum wage would negatively impact the economy.…
Should minimum wage be raised to a higher pay to help families support each other and have more money to be able to get the necessities you need or should the minimum stay the same to keep prices of items the same? Also, continue how we are with different places having different wages and finding the place that best fits you? Currently many states have minimum wages under $10 an hour, in Indiana its $7.25. The wages are being challenged because many are saying it should be raised to help families and people that don't get much. Other people around the world are saying it's best to keep it the same or else prices will be higher and harder for more people than it was before.The debate over whether the minimum wage should be raised or not has many people divided around the world. Proponents argue that it should be raised because it's hard to pay for necessities and…
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.…
Why would the government want to intentionally raise unemployment and hurt the economy? When raising minimum wage, that is what the government is doing. The first federal minimum wage was established during the Great Depression. It was meant to increase wages to create a better life for those struggling. People then tended to buy more which caused more job openings (“The Minimum Wage”). This helped a lot during the Great Depression because it made employers pay the people a fair wage. The current federal minimum wage is $7.25. Raising the minimum wage to $15 will over double the rate it is at now and would not create the same good consequences as during the 1930’s. The government should not raise minimum wage to $15 because many economic problems…
During the current problem in the United States and the argument of raising or keeping the minimum wage payment, it brings attention to the workers and big corporations. Many thoughts on the cost of living with a higher minimum would make the cost of living boost to the point where it’s not affordable to the average citizen. Raising the minimum wage could crush small businesses and turn eight employees at a chain restaurant to four employees due to the insufficient funds to pay the other four. Increasing the minimum wage will hurt the United States in more ways than citizens think.…
One reason that the minimum wage should not be raised is because it will hurt the economy. For example if the minimum wage goes up, then…
“My mom worked at McDonald's, and she decided she wanted to make more money, so she got into the management program at McDonald's. And that's how you move up the chain. It's not by demanding that minimum wage is raised; it's by actually acquiring the skills. That's the way that people get ahead in life.” Politian Raul Labrador expresses. According to At Issue from the SIRS data base, in 1938 the Fair Labor Standards Act successfully re-established a national minimum wage after it was battled between 1933 and 1935 by the Supreme Court. Critics of minimum we say it is not sufficient. They believe it should be changed to a living wage standard, which accommodates for economic factors that determine a wage that is able to provide the necessities…
Raising the minimum wage overall to fifteen dollars an hour would cause a significant impact on modern society and its future, overall it would either boost or deplete our economy. It would bring about significant changes and different socio cultural and social class standards.…
The first benefit of raising the minimum wage is that such a raise will help bring a significant population of workers out of poverty. According to the U.S. Bureau of Labor Statistics, in 2012, approximately 9 million American workers earned a minimum wage per hour or less…
