Name Why the Minimum Wage Should Be Raised Institution Affiliation Minimum wage is the minimum amount that an employer can pay their employee. In the United States‚ many people are greatly affected by the federal minimum wage. Poverty continues to increase in the United States. Currently it is at seven dollars and twenty five cents which is too low in the current world today. The minimum wage is under debate if whether it should be increased. The debate has been brought about since many
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Minimum Wage Increase “Americans overwhelmingly agree‚ no one who works full time should ever have to raise a family in poverty…”‚ said the State of the Union in 2014. In 2014‚ fifty-three percent of all people‚ that worked full time jobs‚ year-round‚ that were between the ages of 18 and 64‚ were living at poverty level (U.S Census‚ 2014). People are working their hardest and still not being able to get by. A minimum wage increase could prevent this. With the wage increase‚ people will be able to
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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
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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
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Minimum wage law has a negative effect on the economy For years‚ people have constantly relied on government to defend social justice by interfering in the economy. However‚ these policies can have unintended opposing aftermath. One example of a very popular yet improper regulation is the minimum wage law. Minimum wages have a negative effect on the economy‚ because the increase of minimum wage results in a repeating scenario of the need to increase the minimum wage. Higher minimum wages lead to
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One of the effect of imposing minimum wage to the economic is poverty rate increase. Most of the people will think that if a firm pay their low wage employees more‚ so the workers will earn more and will not live in poverty. That is an incorrect statement. When government raise the minimum wage‚ the firms will incur more expenses due to they have to pay more on the wages. Therefore‚ the firms will have 2 options. First‚ they hire less worker and use machine to replace the workers. With this option
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Throughout the years‚ minimum wage has become an issue that has been viewed in a more negative way. There are many positive effects‚ but positives are being outweighed by the negatives‚ with the many important effects of the positives being overlooked. The economy‚ along with individuals‚ have benefitted in more ways than one. Minimum wage opens up the opportunities of jobs being offered to those who would not otherwise qualify for the higher paying jobs‚ which require college degrees (Characteristics
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they can’t afford it on their minimum wage job. Others take out loans which leaves them drowned in debt. Graduating scholars don’t want to start their life off in debt. In the future you are going need a college degree to do almost anything. This proves unfair to us and children coming up. Tens of millions of Americans are living in poverty. Millions of those in poverty are full-time‚ minimum wage earning workers. This proves that we can’t simply live off of minimum wage. “With more family income‚
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Dear Senator Gardiner‚ As a current college student and Florida resident‚ I am concerned about the current minimum wage.Many of us are working over 40+ hours and still living below the poverty line.A raise increase for Florida would immensely affect our lives.Raising the minimum wage is particularly important to me because at the moment I am not able to afford medical insurance and being that I am sickle cell anemic I would need to see a hematologist once a month. A person like me would need to
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raising their minimum wage to $11 an hour starting next month in order to compete and fill low wage jobs in a tighter labor market. As Hooker wrote in his book:” Integrity is the result of being consistent with who we are”. On my point of view‚ Target is just following the market fluctuation. Even before raising their minimum wage to $10 it was because the leader on the market Walmart said that it would increase wages for most of its U.S workers. In an addition‚ Target promise a wage of $15 an hour
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