Today 's society has various standpoints when looking at this very contentious topic in the US: Minimum wage. To illustrate, imagine coming home every day to your family and not being able to you or your family to have dinner as you didn’t make enough money during work. Imagine having to share a small cramped apartment with a family of 4 to save a few pennies for necessities such as food, water, and medical care. Indeed, these are the conditions these families living on minimum wage are experiencing. You may ask, who doesn’t want the minimum wage to increase; the more, the better right? Well, people 's answers may fluctuate depending on their situation. For example, the community who wants the minimum wage to increase is made up of people with …show more content…
Clearly, there are two sides to this situation, and people may argue these business owners currently have the upper hand as they are allowed to pay their workers as low as $7.25 an hour according to the federal minimum wage policy. That may be true, but it can simply increase if these workers revolt against these business magnates by not working forcing them to increase their salaries. It may cause them not to make money for a few weeks during these riots, but would benefit them in the long run. The essence is, Americans should increase the minimum wage and that it should increase because it would prevent workers living under minimum wage from changing their lifestyle to adapt to the working conditions and would decrease the overall poverty in the …show more content…
Either Way, who wants to skip meals some days in order not to go bankrupt. Moreover, this problem has arisen recently as 29% of low-wage workers are single parents who cause more of a dilemma they have to deal with (Buren). Consequently, these single parents having to bring their children to their job and leave them to wonder as they can’t afford to spend money on childcare. Also, the average amount of money you earn on minimum wage is $15,080 which is clearly not enough. An average family that makes $54,622 a year has around $5076 left over at after taxes and all of the expenses for child care, education, food, housing, etc. (Stoffel, Fool). In addition, the minimum has many problems in the long run when it comes to whether it can sustain a healthy lifestyle. Some May Argue, it causes companies to hire fewer people and fire more individuals to adapt to these change, to still pay the same amount to their employees in the end. That may true, but you forget they will most probably get rid of the slackers and the people who don’t work hard and make space for people who want to work hard but don’t have a chance. It’s a win/win situation for the workers and the company. Furthermore, increasing the minimum wage can also aid in a healthier lifestyle as
The minimum wage and “crappy jobs” associated with it should be something that people strive to work themselves out of through education and a strong work ethic. Ideally, people get “crappy” minimum wage jobs as teenagers still in high school, and the experience teaches them to work hard and apply themselves in school, so that they don’t have to work at that “crappy” job
Compare to the charts depending of the cost of living there are some changes that can take place and raising the minimum wage stats whereas living can be better for society and Americans. Minimum wage is an issue still today and is debated word wide with eclectic audiences. Minimum wage will always be looked at s priority and poverty with low income and housing as a minority family. When the day has set and the family is around the dinner table for dinner then the issue of minimum wage comes up in the conversation, how can the family do better, what can we do to be middle class if not top class where the millionaires lives and the status of a millionaire. Not sure how a millionaire lives but comparing to the stats society is way off to another side of the map.
Because the cost of living has welkin rocketed, it has become virtually infeasible to raise a family on a minimum wage job. A person living on his or her own cannot survive on minimum wage job either. Their living expense would just be exorbitant. The earnings of minimum wage workers are crucial to their families salubrity. Evidence from 2013 and 2014 minimum wage increase shows that an average minimum wage worker brings home more than a moiety of his or her family 's weekly earnings.
North Americans have been a part of an era that struggles with low minimum wage that has resulted poverty in many areas in Canada and United States. Having to work several jobs to support family is a struggle for many growing families. This issue has always been the top headline on newspaper and news channel with workers going on strike or not able to afford going to school yet, the focus is taken away by politicians making statements of the change they will make. People are still waiting on the change, politicians claimed they would make.
The problem with all of this information available about increasing minimum wage is that they have a flimsy foundation; the intent is good but the methods and results are untrustworthy. If the United States were to raise the national minimum wage to a livable wage, it would have to be a slow incline and not all at once. There seems
Because taking into account negative employment effects and increases in consumer prices induced by the minimum wage would wipe out any positive direct effects on household affected by the minimum wage. The minimum wage becomes even less effective in reducing income inequality when negative employment effects are taken into account. I will address the negative effects in sociological aspects by the
Since the Great Depression, there has been a minimum wage in America, but this minimum wage has changed 22 times since the Great Deprnbession. Many people say minimum wage should stay at $7.25 like it has been since 2009. Meanwhile, other people believe that minimum wage should be $15.00 so they can have more money to live comfortably. People think that a higher minimum wage will help, but it will hurt more people than it will help. If America makes the minimum wage $9.00, people will no longer be in poverty and it will make the economy balance out.
Minimum wage and poverty With everything going on with the Walmart workers picketing for fifteen dollars an hour wages, the topic is widely discussed with many people taking many different sides. The essay “Raising the Minimum wage will reduce poverty” By Sharon Parrott and Jason Furman, They go into how they think the minimum wage should be raised in order to decrease poverty in america, Of course there are reasons to raise it and reasons to not raise it. Yet with the multitude of reasons for and against it, it’s hard to make a decision that makes everybody content, Some of the reasons not to raise it include, Raising it can make prices for everyday items go up, Why go and spend thousands of dollars on college when you could get a decent job right out of high school, and Why let workers who work at unskilled jobs make as much if not more than the military. Some reasons for minimum wage raising is, The fact that the cost of living is higher means people can’t survive with minimum wage without federal care, And just helping people get back on their feet when they couldn’t find a job. The reasons Minimum wage shouldn’t be raised outweigh the reasons it should.
This issue stretches internationally across the world amongst a variety of different countries. For example, last year in Bangladesh, Garment workers rioted in the street blocking many roadways and even setting factories on fire in some cases all because they wanted a higher minimum wage, an increase to around $104.00 a month. Another example, Haitian workers recently undertook a walkout from a large amount of different apparel plants completely shutting down the country’s assembly sector for 2 days. This was all in effort to get a new minimum wage of $12.00 a day. This just goes to show that minimum wage issues are vastly different internationally.
There are a lot of potential benefits for an increase in minimum wage and on the surface it’s hard to see why you wouldn’t want to increase the wage. One of the clearest to see is that an increase to the minimum wage will also increase the spending for each household during the following years. So it works to help stimulate the economy in whatever area you increase the minimum wage. Along those same lines increasing the minimum wage will lead to a decrease in poverty as well. With the decrease in poverty you will also see a decrease in government spending on welfare items because the individuals receiving the higher wage in theory will be able to pay for these services/welfare items without assistance.
The minimum wage is therefore not sustainable for people to maintain a proper lifestyle or secure basic
However, in the long run, many employers will not be able to maintain to stay in business due to the significantly high wages. An increase in minimum wage would cause millions to lose their jobs and put them further in poverty. It would even make it harder for them to obtain jobs after the increase due to the increase of competition in the job market, and most importantly an increase in minimum wage would cause increase in the price level and it will reduce significantly consumption due to the lack of purchasing power that is cause by the higher inflation rate. The minimum wage should not increase because it is unsustainable economically. Another approach of help guide people out of poverty can be a push for an increase in education and knowledge capital instead of continuously increasing the minimum
By minimum wage people would have a higher standard of living and a easier way of life. This will then help the economy and jobs in the
In order for workers to feed themselves or their family, the minimum wage needs to be tied to a living
Some people feel think minimum wage is fine as long as they are getting 40 hours a week with little overtime it is enough to get by. However it depends on the person as some people have more expenses so a minimum wage job working 40hrs a week is not enough and may have to pick up a second job just to be able to get by. I ask current college graduate if He felt minimum wage should come up he stated no. I asked him why and he said the only people that have minimum wage jobs are people on the bottom of the pyramid the two percent that didn't pursue education and did not decide go to school.