What if the national minimum wage was raised to $15 an hour? There are many occupations right now that are paying $15 an hour or less and have a lot more hours and stress involved. So why should a minimum labor and minimum stress job have a salary at $15 an hour? The answer is it shouldn’t minimum skill should equal minimum wage. If someone wants to make more money they should alter careers to a more difficult job that will pay more money. The concept that the National minimum wage needs to be elevated to $15 an hour hasn’t been completely considered because it would cause inflation for the economy; therefore, the lower class would still be functioning in poverty. A minimum wage job is low paying because it requires low skill; therefore the …show more content…
Many of the minimum wage workers who had been functioning in poverty would still be functioning in poverty because the cost of living would be elevated too. In the past when the national minimum wage was raised there was virtually no effect to people living in poverty. Some people might say that the talk about higher minimum wage is sparking hope in the workers. If a worker has a chance to earn more wages then they will work better so that they do get that raise; however, more people will lose their jobs because not as many people will get to work if others are making higher wages. Those on the opposing side of this issue may say that there will be more buying and selling if the national minimum wage was raised to $15 an hour. But those statements are false because if the national minimum wage is increased at all then the cost of living will also be elevated so people functioning in poverty will still be in poverty and nothing will change except more people falling into poverty. The only people that raising the national minimum wage will benefit would be the teenagers who are just working to earn pocket
After thoroughly reading two articles by Surowiecki and Saltsman on if the United States raising minimum wage, the minimum wage should remain the same. To support this statement, Saltsman states that the people who live below the poverty line, in fact, are not poor because of minimum wage; Americans remain poor due to not working at a job. People continue to live in poverty because they lack the skills to even attain a job or look for a job. Even though Surowiecki claims that 46% of today’s families live off of a minimum wage worker, minimum-wage jobs weren’t meant to support families. Minimum-wage jobs were meant for teenagers and woman.
It would make the united states a better place it would reduce crime and poverty the lives of many would change children would have a chance at education and wouldn’t be put at risk of doing bad things cause their parents don’t have enough money to put them through school and things like employees not always wanting to look for a better job would be eliminated the whole idea of America becoming a better place would become achieved. It all just starts with the raising of minimum wage and its just a domino effect once the parents have enough money to pay the bill and put some aside the kids live happy and once the kids are happy the employee/ the parent is happy and once that happens the employee become more productive and when the employees are more productive the business becomes more successful and when the business becomes more successful and expands they are going to need more employees and when they need more employees there are more jobs so in the end raising the minimum wage would make the United states a better place better as a
Seven dollars and twenty-five cents an hour, or fourteen thousand five hundred per year, is the lowest amount the government deems appropriate to pay workers. This amount is sufficient for a single person with no extra expenses, but that is often not the reality of minimum wage workers. While some believe that raising the minimum wage would do more harm than good, increasing the minimum wage to a living wage would benefit society by reducing poverty, increasing productivity, spurring economic growth, and improving peoples’ quality of life. Some people say that paying workers a living wage would benefit not only the workers but the whole of society.
Minimum wage would raise the wages of many workers and increment benefits what disadvantaged workers. An estimated 6.9 million workers would receive an incrementation in their hourly wage if the minimum rage were raised to $10.15 by 2015. Due to the spill over effect the 10.5 million workers earning up to a dollar above minimum wage would withal be liable to benefit from an incrementation. Women are the most astronomically immense group of beneficiaries from a minimum wage increase. Sixty percent of workers who would benefit from an incrementation are women.
According to Arindrajit Dube, an economist, raising the minimum wage to $10.10 will lift almost five million people out of poverty (Covert). Right now, the poverty threshold for a four family household is $23,283 and a full time worker with a salary on minimum wage only makes $14,500 a year (2015 Poverty Guidelines). This means that if a single breadwinner is working in a household for minimum wage, that family is living in poverty. If minimum wage was raised, the income of a worker would exceed poverty
The article from Landlordology states, " Raising the minimum wage causes a temporary spike in spending power and brings disadvantages to minimum wage workers and businesses. Raising the minimum wage also creates more jobs for more skilled workers, disadvantaged teenagers and those with less education and experience. Many argue that an increase in minimum wage will help guide low skilled workers out of poverty. That is not necessarily true, Many economists can agree that minimum wage jobs such as cashiers or a hostess are not jobs that are meant to support a family. If anything, by raising the minimum wage, it will put more people in poverty than guide them out of poverty.
In today's society many people work at a minimum wage job with getting paid $9.00 dollars an hour. Every year it seems to increase by $1.00 dollar by 2016 the minimum wage and what the workers will be getting paid will be $10.00 dollars. Which is getting close to someone who sits in an office all day and works for a big corporations or big business. Coming from someone who is a teenager and in high school working at minimum wage is not entirely bad but when they take out taxes and being underage is very unacceptable. What is going on today is in New York Board , many minimum wage workers are demanding that they increase minimum wage to $15.00 dollars an hour instead of 9 because many people in that state are tired of being paid under what
Minimum wage is the least amount of money per hour that employers are required to pay according to the law. The minimum wage is set to be the standard of living. Due to inflation, $7.25 an hour has become less than the minimum necessary, causing many Americans to fall well below the poverty line. The government should raise minimum wage to create more job opportunities, decrease government assistance, and increase the economy overall. The economy will raise as a whole when workers put their money back into the community.
The federal government and the state government spend a lot of money helping out the poor. They help the unemployed, the sick those who work full time jobs but cannot provide for their families. Raising the minimum wage would save the government money because a raise to $10.10 would take 1.7 million people off of various types of public assistance. The higher minimum wage would result in a less expensive food stamp program. Raising the minimum wage would result in a 6 percent cut in the amount of money the program needs to operate.
It could cause people to lose their jobs, have their hours get cut, or they could start getting hired less in the future (Smith). Raising the minimum wage could also increase the unemployment rate which is already 6.7% which translates to about 11 million people looking for a job. Lastly, raising the minimum wage could have a huge, negative impact on the still-fragile economy (Smith). People oppose the idea of keeping the minimum wage the same because they say they can barely live off of it because they have families, but others don 't have large families to support. Some people work their tails off for the $7.25 they make an hour, but others slack and still have those jobs, so raising the minimum wage would reward the hard workers and the slackers.
People are satisfied working at a “minimum wage” that has no actual purpose. Nobody can actually live off of this wage, and anyone who earns minimum wage needs government assistance anyways. This creates “Working Poor: A term used to describe workers who are employed but still unable to afford the cost of living” (Aliprandini). The Federal Government continues to go into debt, and the working poor are the root of the country's problem. People do not realize that minimum wage was not created for able bodied adults.
Introduction More numbers of state are joining to take action to raise the minimum wage to $15 per hour in a few years even though there is a high disputing controversial all over the nation. The federal has set the minimum wage level to $7.25 on Jan. 1, 2015. In less than a year the index number of the minimum wage is going up automatically with cost of living. And eventually it will be likely to increase year by year with automatic and expectation index.
Minimum wage Minimum wage in America is poverty it creates a wage lower than the living wage. It 's only backbone of support is social welfare and the affordable care act medicaid and obama care so people who have low wage paying jobs and minimum wage has to rely on taxpayers and the government to pay with their subsidizes, Because social welfare no longer becomes support but becomes a lifestyle. Minimum wage is set by the Department of labor, and fair labor standards act they set a minimum wage and a overtime pay. Why isn 't minimum wage raised to living wage or out of poverty level? Because if minimum wage goes up so does the prices of goods.
Many argue that an increase in minimum wage will help guide low skilled workers out of poverty and assist them into having a better career. That is not necessarily true, Many economists can agree that minimum wage jobs such as cashiers, host or a hostess are not jobs that meant to support a family. If anything by raising the minimum wage, it will put more people in poverty than guide them out of poverty. A raise in minimum wage will cause loss of jobs, an increase in the inflation rate, increase in
Minimum wage helpful or disastrous for Americans Did you know that millions of minimum wage workers cannot make enough money to be over or at the poverty line level and are actually a lot more below it instead? There have been many issues on the topic of increasing the minimum wage from ten to fifteen dollars because it can cause inexperienced workers having a tough time getting or looking for jobs, families not being able to live on the minimum wage the way it stands now, and businesses not being able to create more jobs to hire more workers. For instance, an author named David Neumark believes that the effects of the minimum wage have a major issue that increasing minimum wage can reduce the numbers of jobs and pretty much screw over workers