Preview

Raising Minimum Wage

Good Essays
Open Document
Open Document
355 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Raising Minimum Wage
Minimum wage according to the Merriam-Webster Dictionary is the least amount of money per hour that workers must be paid according to the law. However many citizens lack the means necessary to provide for their family despite working six plus hours a day and only receiving a minimum wage of 7.25 dollars an hour. Raising minimum wage would not only decrease our poverty rates but also benefit our economy beyond the pockets of low-wage workers.

Most people who work “low-end” jobs and get paid minimum wage are still struggling in poverty. Most minimum wage workers do not have the means necessary to pay for basic everyday necessities, let alone having money for personal expenses. Last February, the Congressional Budget Office estimated that raising
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Minimum Wage Increased
    • 49 Words
    • 1 Page

    Minimum Wage Increased

    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
    Read More
  • Good Essays

    Raising Minimum Wage Research Paper
    • 915 Words
    • 4 Pages

    Raising Minimum Wage Research Paper

    Minimum wage is a labor standard that sets the lowest wage rate that an employer can pay its employees. Its main goal is to protect non-unionized workers in unprofessional jobs. The U.S. established the first minimum wage to be $0.25 an hour with the passage of the Fair Labor Standards Act of 1938 (FLSA). Over the changing time periods, considering inflation and economic growth, the minimum wage now stands at $7.25 an hour. One of the biggest debates in the United States is whether the government should raise the minimum wage. Supporters believe the minimum wage is too low and does not meet the basic conditions for survival, while opponents believe that raising the minimum wage will not be of significant help and will in fact hurt the economy…

    • 915 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Raising Minimum Wage Analysis
    • 133 Words
    • 1 Page

    Raising Minimum Wage Analysis

    Although many may argue that raising minimum wage should not be done because it’s just enough for people to provide their families many think that it isn’t enough and it needs to be raised. In the American Prospect they talk about how the minimum wage pay is way too low for people to live in a standard living environment. The author of this article is trying to express the fact that getting payed minimum wage is too little and it’s just enough for someone to pay the house bills and it’s not enough for people to get anything for themselves or even for their children. Although many think that it won’t help or benefit the poor it will because it’s giving them many more job opportunities and helping them provide for their families.…

    • 133 Words
    • 1 Page
    Good Essays
    Read More
  • Powerful Essays

    Who Is To Blame For Poverty In America
    • 1818 Words
    • 8 Pages

    Who Is To Blame For Poverty In America

    The majority of American’s designated as being below the poverty level are working minimum wage jobs. The current economic buzz is rather or not to increase the minimum wage as a means of helping America’s poorest workers. The White House Council of Economic Advisors published a briefing in early 2014 that indicated that minimum wage could be raised 40 % without triggering job losses (Source 11). The positive aspect of this minimum wage increase would be passed down to 900,000 poor Americans who work these types of jobs (Source 12). To those living in poverty this is a positive solution to the reliance upon government welfare subsidies or the need to work multiple jobs to support growing families (Source 12). However, the Congressional Budget Office published another report in response to the proposed hikes that indicated that if minimum wage were to rise 40 % there would be a loss of over 500,000 jobs (Source 11). The idea of raising minimum wage to offset the needs of poor American’s seems like a quick fix for the issue of poverty. Yet, the loss of jobs for this same group of American’s seems unfathomable. The poor who typically work these minimum wage jobs are looking for relief from the pressures of long hours working multiple jobs in order to survive (Source 12). Either way the economic cost of America’s poor is passed on to all tax payers through increased taxes to…

    • 1818 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Why Is Minimum Wage Important
    • 225 Words
    • 1 Page

    Why Is Minimum Wage Important

    Minimum wage is the lowest amount any job can pay a person by law. It is usually the salary for teens who are still in high school who do not have any financial responsibilities such as: rent, electric bills, or water bills. Many adults who have those types of responsibilities are subject to being paid minimum wage also. This leads to them having to work two or more jobs to support themselves and/or their families. Unfortunately, sometimes they cannot find another job, so they struggle to provide.…

    • 225 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Raising The Minimum Wage Analysis
    • 545 Words
    • 3 Pages

    Raising The Minimum Wage Analysis

    A main controversial issue in todays society is whether or not to raise minimum wage and how much to raise it by. There comes both benefits and consequences to raising the minimum wage price. In an article written by David Henderson titled, “ Raising the Minimum Wage Will Not Reduce Poverty” Henderson discusses the consequences to raising minimum wage and how it may affect the youth and currently employed. In another related article found on the New York Post by Jonathan M. Trugman titled, “Raising minimum wage would cost a million people their jobs” Trugman confronts, “ The American worker is grossly underpaid, by about 25 percent to 30 percent — heck, wages have been stagnant for almost a decade.” (CITE) According to both David Henderson and Jonathon M. Trugman the consequence of raising minimum wage could amount to thousands to millions of Americans loosing their jobs and becoming unemployed. Though I concede that the minimum wage price should…

    • 545 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    How To Raise Minimum Wage
    • 1206 Words
    • 5 Pages

    How To Raise Minimum Wage

    The minimum wage is the lowest wage permitted by law or by special agreement, but as of late many minimum wage workers have been complaining about their low wage of 7.25 an hour. Many people also believe that the low minimum wage is the reason why a lot of people are in poverty and why there are so many poor people. Common sense would have you believe that if you raise minimum wage you raise the standard of living and you bring people out of poverty, right? Wrong. Contrary to popular belief that is not true AT ALL. Raising the minimum wage is not only bad for the economy, but it also does not help the poor it actually hurts them in a way.…

    • 1206 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Raising Minimum Wage In Today's World
    • 462 Words
    • 2 Pages

    Raising Minimum Wage In Today's World

    Minimum wage had been a huge problem in today's world. It affecting about 1.3 millions people a year and continues to grow. People been trying to raise minimum wage forever. Minimum wage is affecting the lower and middle class the most. Some people don't notice what's really happening because they're blinded to how much they really should be making. Inflation also has to do with minimum wage. We think we get paid more, but in reality we don’t. Raising minimum wage also means prices for good go up as well. Basically we still at the same place we started. That's how they get us, by making us think we are making more and were not.…

    • 462 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Increase Minimum Wage
    • 96 Words
    • 1 Page

    Increase Minimum Wage

    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.…

    • 96 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Minimum Wage Should Be Raised
    • 591 Words
    • 3 Pages

    Minimum Wage Should Be Raised

    can you image living in a society or country where all citizens are living below poverty line. nowadays in the united states, one of the most frequently ask question is should minimum wage be raised or completely eradicated altogether. minimum wage is the legally accepted pay that employers are required to paid their employees. A robust minimum wage is a key reason of sustainable economic growth.…

    • 591 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Raising Minimum Wage Increase Unemployment
    • 1348 Words
    • 6 Pages

    Raising Minimum Wage Increase Unemployment

    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…

    • 1348 Words
    • 6 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Why The Minimum Wage Should Be Raised
    • 424 Words
    • 2 Pages

    Why The Minimum Wage Should Be Raised

    Caution! This story is not to make you go to sleep it is for you to understand about minimum wage. Minimum wage should be raised because some people need the money. Minimum wage was originally 25 cents an hour, which works out to about $4 per hour in today’s money. That minimum wage was introduced as part of the Fair labor Standards Act. The first federal minimum wage laws were passed in America in 1938. Minimum wage should be raised because of crime, medical, and financial reasons…

    • 424 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Raising Minimum Wage Raise
    • 135 Words
    • 1 Page

    Raising Minimum Wage Raise

    The value of raising the minimum wage would terminate the controversy of having a recession. According to David Cooper of the Economic Policy Institute shows that, the moderate perception of a typical minimum wage salary is a middle class family's income can be 52% are in households with income of less than $40,000 a year. The average share of a family income provided by a minimum wage salary would be at $10.10 is 50%. If the minimum wage be raised to $10.10 would generate $22 billion to help the economic interest, and convert to 85,000 new full time jobs. These jobs are produced when minimum wage workers have earn more money to spend on merchandise. This means more consumer demand to increase in the need of more employees to keep up with…

    • 135 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Increase Of Minimum Wage
    • 117 Words
    • 1 Page

    Increase Of Minimum Wage

    The increase of minimum wage has been a topic throughout the years of our lifetime and the debate is getting bigger than ever. The current federal minimum wage is $7.25 per hour and it hasn’t increased since the year of 2007, however there are states such as Washington that has a minimum wage of $11.00 an hour. Although the increase of minimum wage can have some consequences, the increase of minimum wage has more to benefit. Raising the minimum wage would increase economic activity and spur job growth, A higher minimum wage would reduce government welfare spending, Americans won’t live for paycheck to paycheck, and millions of Americans will no longer need assistance on government assistance programs.…

    • 117 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Better Essays

    Minimum Wage in New Zealand
    • 2612 Words
    • 11 Pages

    Minimum Wage in New Zealand

    The question now is what is minimum wage? It is defined as lowest hourly depending on everyday work basis or monthly wage that is legally give to employees. Many employees work really hard to earn this pay because they either don’t have a proper degree or may have many other personal reasons. There is always an argument whether the minimum wage is effective for people to have a good living or not. Some say it helps them have a normal life and reduces poverty. Others believe that if the minimum wage is good then it would increase the rate of unemployment especially for people who have no degree and some who are disabled to work. Obviously it would be biases because there are some who are skilled and some who are not.…

    • 2612 Words
    • 11 Pages
    Better Essays
    Read More

Related Topics