Preview

Should The Government Raise Minimum Wage?

Satisfactory Essays
Open Document
Open Document
206 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Should The Government Raise Minimum Wage?
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

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

    As the minimum wage increases, so does inflation. If an employer has to pay higher wages, then the price of the product or service being produced will have to cost more in order to pay the employee. In return the prices of all goods and services will rise, and the person earning higher wages, makes no gain. In some instances, a pay hike would not make a livable wage, but in fact could make it worse. People who normally get tax breaks for having a low income, would now end up paying more in taxes and may actually end up making less money overall. Higher minimum wages force employers to cut back on training, which deprive low wage workers of any chance of long-term advancement, in return for a small increase in current income. Having higher wages for low-paid positions might also discourage workers from gaining new skills. In most circumstances, minimum wage workers may start off at minimum wage and then as time goes on and their skills are refined, they end up getting paid more. So while many people may start off at minimum wage, many of these people don't necessarily stay fixed at minimum wage. There are many minimum wage jobs that offer advancement…

    • 2607 Words
    • 11 Pages
    Good 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

    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…

    • 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

    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…

    • 91 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    We the Bengal party believe that the minimum wage should stay at seven dollars and twenty five cents because raising it would result in a catch twenty two. Many Americans want to increase the minimum wage because they feel that it would decrease the poverty rate, however the opposite effect would be seen. If the minimum wage were to be raised, more people would be pushed into poverty. Employers would have to pay their employees higher wages which could result in less job openings or available hours for shifts. Businesses could lay off workers because they would need to save money to stay afloat.…

    • 321 Words
    • 2 Pages
    Good Essays
  • Good Essays

    When you hear high school and college students talk about their employment experiences, all they seem to say is how they don't get paid enough. I've even said that myself quite a few times. Well, in a way, they are right; but this statement does not only include that average student, it also includes many adults and families who are trying to live on minimum wage jobs. In today's society, this is almost impossible. An increase in the federal minimum wage is in the interest of the nation as a whole, although it will impose some costs.…

    • 605 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Minimum wage is a topic that is always being discussed and debated over. One reason that this subject is so popular is because everyone who has a job is affected by the result of the wage. Some believe that the minimum should be raise to at least $9, while others strongly believe that the raise in wages will disturb the state of the economy. In the articles I have selected the pros and cons of raising the minimum wage are clearly stated. Some of the texts are editorial articles, and scholarly articles that have to do with the raise in the wage and others options on the subject.…

    • 625 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The minimum wage has been an issue in America for a long time. There have been arguments about whether to raise or not. I believe that changing minimum wage will have a huge impact in America.…

    • 345 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    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.…

    • 805 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Federal benefits are paid for through taxpayers. With a higher minimum wage, workers would bring home pay that does not place them below the poverty line. This puts those workers in a position where they no longer need federal benefits. Not only would the workers prosper from an increase, but any taxpayer would benefit. According to Quinn, et al, it is a win-win situation.…

    • 686 Words
    • 3 Pages
    Good Essays
  • Good Essays

    One of the most commonly asked questions in our society is whether or not the government should raise the minimum wage. While raising the minimum wage would not only lift individuals out of poverty, but it would also put our economy in danger. Raising minimum wage in the United States will destroy the economy because it will increase inflation, raise the unemployment rate and decrease corporations’ fundings due to labor cost.…

    • 1110 Words
    • 5 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