Preview

Should Minimum Wage Be Raised

Good Essays
Open Document
Open Document
443 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Should Minimum Wage Be Raised
One of the most frequent questions being asked is whether minimum wage should be raised to $15.00 per hour or not. I do feel minimum wage should be raised, but raising the minimum wage to $15.00 per hour is more than our economy can afford. Raising minimum wage to $15.00 dollars per hour would only make the cost of living increase. The prices of clothes, gas, food, etc. would sky rocket. The unemployment rate would increase, because employers would hire fewer workers, and instead more jobs would become replaced with robots. Cashiers, bank tellers and telemarketers are some examples of jobs that are replaceable with technology.
If minimum wage was $15.00 dollars per hour, then what about the person that was already making $15.00 dollars per hour and is now paid at minimum wage? More than likely they’ll demand higher pay. As a result the cost of living would increase for all goods and services. This would greatly impact veterans, senior citizens, and the disabled on a fixed income. Most of them struggle to make ends meet as it is.
…show more content…
While there are circumstances where people are forced to take jobs at minimum wage, and probably more now than ever. Minimum wage jobs are basically starter jobs for inexperienced workers such as kids in high school, or those looking to add a little extra money through a second job. Minimum wage job are intended to help people move up from there into an intermediate job, and eventually with experience and skills into a very well-paying job. It would be nice if a week of work actually meant everyone who does so, gets a house, a car, and a cell phone, but the reality is those jobs are not intended for these

You May Also Find These Documents Helpful

  • Good Essays

    Nickel And Dimed

    • 1169 Words
    • 5 Pages

    It's a well known fact that everything in America is over priced, so with everything being over priced and citizens being under paid how are we supposed to expect citizens to survive in this rigged economy? Our economy is set up to benefit the middle-upper class and to take away from the lower class. As we stand by and say to the lower class citizens “get a job”, “work harder and longer”. In Nickel and Dimed, Barbara Ehrenreich proves that minimum wage cannot sustain the quality of life that is perceived as the American Dream let alone provide for a livable life at all. No matter how hard you work or how determined you are it just isn't possible to live and prosper off of minimum wage.…

    • 1169 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Raising a minimum wage will effectively increase cost for that socio-economic level. Some ways we see it happening here in this article is that while these people are making more per hour, their business is open for fewer hours. So people are potentially losing working hours. Or people may have lost their jobs. That may be great for some who are working harder to cover for those who lost their jobs, but hey, they're…

    • 647 Words
    • 3 Pages
    Good Essays
  • Good Essays

    If you increase the wage for the workers the money has to come from somewhere. While people will lose their jobs because of the budget cuts to accommodate the now higher wage, prices will increase as well. An increase in price will help business to keep making a profit after a federal minimum wage increase. The CATO Institute published an article titled “Four Reasons Not to Raise the Minimum Wage” the article quotes “It May Result In Higher Prices For Consumers The costs of minimum wage increases must be paid by someone • The 2012 Wilson review noted: A 2004 “review of more than 20 minimum wage studies looking at price effects found that a 10 percent increase in the U.S. minimum wage raises food prices by up to 4 percent.” Raising the prices of consumer goods would help keep jobs and help keep the profit of companies, but it would hurt our wallets and…

    • 1211 Words
    • 5 Pages
    Good Essays
  • Better Essays

    The current minimum wage is eight dollars and thirty-eight cents an hour in the state of New Jersey. Many minimum wage workers go on strike because they want the wage to be raised to fifteen dollars an hour. The wage should not be raised to the insane fifteen an hour. It should not be raised because unemployment rates will skyrocket, prices at stores where minimum wage workers work will go up, and because their jobs do not deserve fifteen dollars an hour. So why raise the wage? Is a minimum wage job worth fifteen an hour?…

    • 1322 Words
    • 6 Pages
    Better Essays
  • Good Essays

    When minimum wage was created it was supposed to be enough for someone to live off of. I do not believe that minimum wage should be raised to fifteen dollars an hour because if it was then everything will rise in price. The rise in the prices will occur because people are making more but then the businesses are giving away more money than they are taking in. Also I disagree because if we raise minimum wage then there are going to be many layoffs and we need more jobs already. Another reason I disagree to raising minimum wage to $10.10 an hour is that more people are going to be on welfare and things that give them money to live.…

    • 896 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Raise Minimum Wage

    • 277 Words
    • 2 Pages

    Everyone has had a point in their life where they were not satisfied with their pay- whether it’s at a fast food restaurant or a higher business job. Many teenagers and young adults start working at a low-wage job to gain experience and earn a little money. However, because of the minimum wage, many people get an education or learn required skills to shoot for a higher paying job making it a good reason why the current minimum wage isn't so bad. It gives teenagers a chance to gain work ethics and experience and encourage others to work even harder.…

    • 277 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    But is this worth all of the economic problems it could cause? First, saying that raising the minimum wage could reduce poverty is just wrong. In some states the standard of living is high than the minimum wage but that does not mean those people are living in poverty. Generally, the people in poverty, do not work.…

    • 922 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    When it comes to the minimum wage, there are several debates on whether it should or shouldn't be raised. It may look like it is a simple problem to solve, but it isn’t. An increase in the minimum wage wouldn't totally help the ones who ask for it, but could lead to a series of consequences that would impair, not only them, but all of us. Firstly, raising the price of something reduces the demand for it — as the price charged will be above the equilibrium point — and hence leads to a surplus of the good or service supplied.…

    • 448 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    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…

    • 1227 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Raising Minimum Wage

    • 355 Words
    • 2 Pages

    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…

    • 355 Words
    • 2 Pages
    Good Essays
  • Good Essays

    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.…

    • 619 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    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
  • Good Essays

    "Poverty rates are higher now than in the 1970s, thanks in part to the eroded value of the minimum wage."(Sklar). The low minimum wage is sinking more and more families into poverty.Families who only have one minimum wage worker can't support their families.Families with more than 2 children struggle to get along. Minimum wage workers are still making less than they did in 1997.The federal minimum wage was enacted in 1938 through the Fair Labor Standards Act. Workers have to adjust to the increased cost of living. The minimum wage today is $7.25. Sitting the minimum so low means that some families have to constantly juggle with what necessities to go without. The low minimum wage also means some families end up living in homeless shelters and…

    • 561 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The current national minimum wage is $7.25. 20 States in the United States have already increased this on their own because they know it is not feasible rate for people to be able to live on. The minimum wage needs to be at the very least adjusted for inflation so that workers are getting accurate pay for their work so they can support their families and make sure they are still able to have essential needs like food and medicine and clothes. Another reason it should be raised is because it would help the economy, which in turn would help all Americans. The raising of the minimum wage would also help with the creation of more jobs. The current minimum wage of $7.25 is far too low and need to be raised.…

    • 1462 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Raised Minimum Wage

    • 1788 Words
    • 8 Pages

    “No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty” (Jon corzine). The first minimum wage; a fundamental labor standard designed to protect workers, just as child labor laws and overtime pay rules do, in the U.S. was only $.25, a huge difference from today’s $10.00. Minimum wage was imposed by the Standards Act of 1938, which president Franklin D. Roosevelt had signed. A business owner in the U.S. who is not willing to pay it’s workers, the people of the United States more than the minimum wage to help with the continous cost of living then they are showing they are being selfish and not caring about our everyday living cost. Minimum wage should be raised to at least…

    • 1788 Words
    • 8 Pages
    Good Essays