Throughout the years minimum wage has been raised. The more it is raised‚ means all of the essential things of life will increase in price. Furthermore people will be fired and the unskilled people will be especially hurt. The minimum wage should not be raised based on the observation of what has happened in the past and what might happen in the future. The raising of minimum wage would cause businesses to lay off many of their workers. This increases the unemployment rate in our country. Furthermore
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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
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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
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We believe that gradually raising the minimum wage will increase the standards of living of workers‚ reduces poverty‚ reduces inequality and help businesses work efficiently. Raising minimum wage is essential because the cost of living has gone up considerably. The increase in cost of living makes it impossible to raise a family on a minimum wage job. An average minimum wage worker earns about $14‚500 a year leaving way too many families below the poverty line. The poverty rates in America have been
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Should The Minimum Wage Raised? “Discussion about what does with minimum wage laws here in America has been at a higher than normal level since the Democratic Party took over as majority leader in both the House of Representatives and the Senate in the recent midterm elections‚ giving them control of Congress.” (Aronson‚ Daniel‚ and Eric French). As a result of an increase minimum wage‚ there is much better of it can talk about by the America’s lowest income workers; however there is also an
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Minimum wage against our economy Every day small businesses are being closed all around the United States. People’s lives are being changed and destroyed every hour. What is the one common cause? Raising the minimum wage. Raising the minimum wage is an evergoing danger that Americans must fight against. The minimum wage has the ability to ruin or stabilize our economy. The government must be more cautious in its implementation of the minimum wage. The minimum wage should not be raised because
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“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
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Minimum wage must be raised for us to survive in our very modern society. The minimum wage must be raised today because the cost of living has gone up drastically. Education is essential today‚ and that price tag has increased drastically in the past twenty years as well. People should not have to fight for equal pay for equal work. Companies should be forced to pay their workers what they deserve‚ and that is more than minimum wage is now. With our new technology and the technology in the future
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the minimum wage or not. Raising the minimum wage can be seen as a good thing by some people because it could reduce poverty; but if we focus on the overall outcome of raising the minimum wage‚ there really is no point in raising it. There are so many more options to improve the economy. Minimum wage should not be raised because the costs of goods and taxes would increase‚ it would slow the economy‚ put people out of business‚ and reduce employment. As the years increased so did the minimum wage
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Minimum Wage should be raised! To begin with‚ Minimum wage is a thing that we use in our business and what we get payed for for when when we work for that that business your working for. But minimum wage is so low in America for some people which is making them crazy and which makes them struggle. Minimum wage should be raised rather than staying the same because it can help people that are struggling‚ that are depressed‚ and would make it easier for people. To start with‚ Proponents of a
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