Minimum Wage Needs to Raise Its Minimum A Mother and her three kids are homeless. The mom is handicapped and cannot get a job, and the government isn’t paying her enough to for a family of four to survive, so the oldest kid is forced to get a job. He gets a job, but he can only get paid minimum wage. Even working full time, he cannot support his mother and two siblings. They are now forced to go to a shelter where they will live their life in poverty because minimum wage is only $7.25. Many people in The United States fight poverty every day. Even though Minimum wage is a good starting pay, it is not enough to sustain an average lifestyle for a family of 3. Therefor minimum wage needs to be raised. If minimum wage is raised, poverty levels would majorly decrease in the United States. Not only will lower-class be positively affected by this change, but middle-class will gain advantages from this too, as well as some disadvantages. Not only will this help people already working minimum wage jobs, but it will fill up jobs that do not have enough people in it, like jobs that no one would do for $7.25, but would do for $15, such as an Animal Slaughterer, or a Sewer Pipe …show more content…
Think about it, you can’t expect to get paid $15 an hour right when you start a job. You have to earn a promotion to get $15 an hour, maybe even a few. Now the argument is that minimum wage is to low, when you’re missing the keyword, minimum. Of course companies are not going to want to raise the minimum, companies have minimum wage jobs so they can hire mass amounts of people, and get a ton of people doing the same or different jobs. If we raise the minimum wage, not only are jobs going to be lost. But middle-class is not going to be so middle class any more. What really happens if we raise minimum wage, is it doesn’t affect the rich people, but it definitely affects the middle-class, considering that 's where a majority portion of the money is taken
The topic of minimum wage is one that can lead to heated debates from both sides of the aisle over how much a person should be getting in payment versus how much work they do, or how hard they work to earn the payment. Countless people today are not getting paid the amount they should be based off of the work that they are putting in to their job. There are arguments leaning towards the raising of minimum wage, and there are arguments leaning against the raising of the minimum wage, however one of the arguments I find persuasive. There are some arguments that lean towards the raising of the minimum wage. The first argument presented involves job creation in the United States.
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.
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.
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
Should the Federal Minimum Wage be Increased? Have you ever thought that you wanted a raise at work but did not have reasons? In this essay you can give your boss these reasons and get more money. The minimum wage in 2012 was $7.25. The minimum wage is a large-scale reason of poverty.
Is it really a good thing to raise the minimum wage to meet the basic need for poor people? Is it the best way to prevent poverty rate and income inequality? Answers must vary from skeptical to comprehensive response depending on whoever answers these questions. Amid a debate on this
When the minimum wage isn’t raised to compensate for inflation then people become stuck and are unable to move up in society because they have to pay more in order to live. If it costs more to live then minimum wage jobs become useless to move up in society because people are unable save money. Thus, minimum wage jobs will not help people move up in society and will continue to increase they wealth inequality between the rich and 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.
Those affected by low minimum wage laws are not only limited to low income or middle class workers but taxpayers also. If a low income worker needs government aid that has to be paid for by taxpayers. Increasing the minimum wage comes with many benefits to workers and the government such as more income means more money individuals will be able to spend and families that rely on government aid because of low wages will ideally no longer need them because of higher payment they will receive. Many democrats and supporters have pushed to raise the federal minimum wage to better reflect the current cost of living, while other states have already taken initiative and increased their own minimum wage laws. The increase of the federal minimum wage is difficult to execute because of the republican political party, they argue that increasing the minimum wage will cause job loss, a rise in prices, and less hours an employee can work.
The Minimum Wage Struggle Money is an essential object to acquire in the society we live in. Various places demand a high monthly rate in order to occupy a premise, along with the stress of utility bills that may not be included. Aside from living costs there are many other factors which must be calculated when budgeting on a day to day basis. Overall, the survival rate tends to increase due to so many responsibilities that need to be upheld, as well as costs being raised. This rise in both the cost of living as well as the need for higher wages proves that the standard of minimum wage needs a major increase.
In conclusion, a federal minimum wage increase will significantly improve the standard of living of low-wage workers. To meet their basic needs, workers must be given a living wage. It is not only morally correct to do so, but also beneficiary to both ends. The increase in wages allows for a more supportable income, but it also stimulates the economy.
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.
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
While low wages contribute to the dire economic straits of many poor and low-income families, the argument that a higher minimum wage is an effective way to improve their economic circumstances is not supported by the evidence. First, a higher minimum wage discourages employers from using the very low-wage, low-skill workers that minimum wages are intended to help. A large body of evidence confirms that minimum wages reduce employment among low-wage, low-skill workers. Second, minimum wages do a bad job of targeting poor and low-income families. Minimum wage laws mandate high wages for low-wage workers rather than higher earnings for low-income families.