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Many business owners have argued that raising the minimum wage would cause hardship and cause businesses to raise their prices, but many workers argue that raising the minimum wage is necessary to help low-income workers to get out of poverty. Two main issues that workers face are insufficient wages to support their families which causes them to depend on government funding. Secondly, workers are faced with decreased job satisfaction due to making low wages. In my opinion, minimum wages should be increased because it will allow workers to feel that they have job security. Additionally, increased pay will allow people to further support themselves and avoid taking benefits from the government and can use…
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The cost of living has sky rocketed,it has become almost impossible to rais afamily on a minimum wage job. A person live on his or her own can not survive on minimum wage job either. Their living expense would just be too much. The earnings of minimum wage workers are crucial to their families well being. That is way the minimum wage should raised.…
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As the minimum wage increases, so does inflation. If an employer has to pay higher wages, then the price of the product or service being produced will have to cost more in order to pay the employee. In return the prices of all goods and services will rise, and the person earning higher wages, makes no gain. In some instances, a pay hike would not make a livable wage, but in fact could make it worse. People who normally get tax breaks for having a low income, would now end up paying more in taxes and may actually end up making less money overall. Higher minimum wages force employers to cut back on training, which deprive low wage workers of any chance of long-term advancement, in return for a small increase in current income. Having higher wages for low-paid positions might also discourage workers from gaining new skills. In most circumstances, minimum wage workers may start off at minimum wage and then as time goes on and their skills are refined, they end up getting paid more. So while many people may start off at minimum wage, many of these people don't necessarily stay fixed at minimum wage. There are many minimum wage jobs that offer advancement…
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All these articles mentioned above in my research focuses on both the benefit and drawback of minimum wage hike. We saw many voters want the minimum wage to go up, so that they can live a better life. Many other articles also show that in the long term its effect would be devastating. Minimum wage has both good and bad effects. We have to take into account the worker that works for minimum wage. They barely have anything left after all the tax money is deducted. It’s hard to maintain a family when someone works for that little money. We have also seen some solutions to minimum wage problems. For example: People are struggling to survive with the minimum wage we have now in many states. Minimum wage hike is necessary for those cities that have…
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I firmly believe raising the minimum wage would be an awful idea. People would think minimum wage should be raise, they are wrong and it will hurt them and everyone else. No one will want to attend college. All of the goods will increase in price, and we will lose our subsidies. The economy will be better off, if the government decides against…
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As stated in the pros column written by David Cooper, minimum wage should be raised to help people in poverty, help people pay for education, and to allow people to have some assurance when it comes to money. A raise in the minimum wage would help many people.…
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Some people believe that raising minimum wage will help with economic growth, while others believe that minimum wage would do the opposite and actually force the manager to lay off many employees and raise unemployment levels. After researching both sides of this argument I believe that minimum wage should not be raised because after the price is higher, the company will not have enough money to pay all their employees and would have to make sacrifices such as laying off employees and maybe replacing them with machines so they don't have to pay them. If the minimum wage is raised many bad things could happen because of it.…
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Should federal minimum wage be increased? Some say that it should be increased because it will create a better economy. Some disagree by saying that increasing the minimum wage would create fewer job positions causing employers to either make their product more expensive or reduce the number of workers.…
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The reason minimum wage should be raised higher is because people who work a job at places such as fast food,should be payed more. I say and support this reasoning because of what they go through dealing with customers. If minimum wage was raised higher then a lot of things would change.…
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When you hear high school and college students talk about their employment experiences, all they seem to say is how they don't get paid enough. I've even said that myself quite a few times. Well, in a way, they are right; but this statement does not only include that average student, it also includes many adults and families who are trying to live on minimum wage jobs. In today's society, this is almost impossible. An increase in the federal minimum wage is in the interest of the nation as a whole, although it will impose some costs.…
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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 to hire at the stage of minimum wage price rising and it will result in high unemployment. There would be a high unemployment rate because employers are forced to pay more which likely lead them to hire fewer workers in the workplace, especially for the small business or companies. Fewer people getting hiring mean less work is being done.…
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One of the most controversial topics is raising minimum wage; in fact, people feel ambivalent about it. Over the years minimum wage has not been mercurial; indeed, it has always been low, making people under the poverty line struggle by not being able to provide the essential necessities for themselves. Raising minimum wage would help quell people living at the poverty level. I believe raising minimum wage would help people at the poverty level become more resilient at the fact that their pay would increase. Hopefully raising minimum wage would make human population more benevolent and maybe they will even give kudos to the government for this action. It is very unequivocal to me that if the minimum wage was raised then the poor, lugubrious…
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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.…
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We should raise the minimum wage because it is effectively lower than it used to be. According to one article, “ The purchasing power of the minimum wage has been on a steady decline for many decades. It's worth about 20 percent…
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One of the most commonly asked questions in our society is whether or not the government should raise the minimum wage. While raising the minimum wage would not only lift individuals out of poverty, but it would also put our economy in danger. Raising minimum wage in the United States will destroy the economy because it will increase inflation, raise the unemployment rate and decrease corporations’ fundings due to labor cost.…
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