Preview

Minimum Wage Vs Poverty

Satisfactory Essays
Open Document
Open Document
326 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Minimum Wage Vs Poverty
We often hear United States to be a land of opportunity. Where everyone, if they work hard can have a better life. People can have employment that can lead to success and financial stability. Where newer generations can have a better outcome than the previous generation. Yet, we can see how hard working people struggle from poverty. According to Martin Luther King, Jr, “All labor has worth. It is a crime for people to live in this rich nation and receive starvation wages. It is criminal to have people working on a full-time basis and a full-time job getting part-time income”. Martin Luther King, Jr. When we think about the time that we first applied for our first job, we are so excited because we’re thinking when we get the job we can afford everything. …show more content…
We got the job, got our wage, look at it with an awe realizing how little we got in our hand. Telling ourselves, we work so hard with all those hours yet the wage that we got is not enough. Minimum wage cannot give the luxury of life that we expect. As stated in Merriam Webster dictionary, minimum wage is the lowest wage permitted by law or by a special agreement. Some jobs need to start to get paid with a minimum wage. It is the amount that an employer can pay to a new worker depending on their skill level. People sometimes who didn’t graduate college, do not have the right skill, do not have enough experience only settled with minimum wage. Because of this, people need to find more jobs in order to survive. . Though increasing minimum wage have advantages, it also comes with disadvantages. It is always a debate whether increase of minimum wage can be a benefit or a drawback to most of the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Hana Mandefro

    • 176 Words
    • 1 Page

    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.…

    • 176 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    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…

    • 2607 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Minimum wage legislation is a widely used policy tool put in place to increase wages of low-skilled workers. A minimum wage is usually the legal minimum wage(hourly, daily or monthly) that an employer can pay to employees. While many argue the numerous rationales of implementing a minimum wage, others find that the implementation of minimum wage can bring about harm. Among others, some benefits of minimum wage legislation include: protection of workers from exploitation by employers/firms, reducing inequality in the workforce, reducing poverty by increasing the standard of living of workers, and boosting employee’s performance in the workforce. On the other hand, those who argue against minimum wage legislation say it leads to unemployment and brings about unnecessary hardships(for example, the reduction of fringe benefits like inexpensive insurance, paid vacation, on-the-job training and other medical benefits) to the employees it was meant to help.…

    • 608 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Pro Minimum Wage

    • 130 Words
    • 1 Page

    Minimum wage is a good thing but also a bad thing. The reason why i say that is because it’s a two way thing. The good is that everyone gets paid and the pay is the same. The bad is that sometimes people say that it’s not enough or that it’s too low. Minimum wage should be a little higher.…

    • 130 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    rogerian paper-minium wage

    • 1015 Words
    • 3 Pages

    The "living wage” is the foundation of the minimum wage debate. The “Living Wage” is a arbitrarily imposed number that will supposedly lift people out of poverty and increase the amount a worker would need to earn on a monthly or annual basis in order to meet what is considered basic living expenses Increasing the minimum wage is not a terrible idea. According to the Bureau of Labor and Statistics for people making less than 75000, the psychological…

    • 1015 Words
    • 3 Pages
    Good Essays
  • Good Essays

    A main controversial issue in todays society is whether or not to raise minimum wage and how much to raise it by. There comes both benefits and consequences to raising the minimum wage price. In an article written by David Henderson titled, “ Raising the Minimum Wage Will Not Reduce Poverty” Henderson discusses the consequences to raising minimum wage and how it may affect the youth and currently employed. In another related article found on the New York Post by Jonathan M. Trugman titled, “Raising minimum wage would cost a million people their jobs” Trugman confronts, “ The American worker is grossly underpaid, by about 25 percent to 30 percent — heck, wages have been stagnant for almost a decade.” (CITE) According to both David Henderson and Jonathon M. Trugman the consequence of raising minimum wage could amount to thousands to millions of Americans loosing their jobs and becoming unemployed. Though I concede that the minimum wage price should…

    • 545 Words
    • 3 Pages
    Good Essays
  • Good Essays

    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.…

    • 605 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    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.…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The earnings of minimum wage workers are crucial to their family’s wellbeing. Raising the minimum wage would help uphold some working families exceed the poverty line by mostly solving the primary problem with current minimum wage rate: it has failed to keep pace with inflation and the rising cost of living. In addition to providing a much-needed boost to low-wage families, increasing the minimum wage would also have other positive economic effects.…

    • 396 Words
    • 2 Pages
    Good Essays
  • Good Essays

    How To Raise Minimum Wage

    • 1206 Words
    • 5 Pages

    The minimum wage is the lowest wage permitted by law or by special agreement, but as of late many minimum wage workers have been complaining about their low wage of 7.25 an hour. Many people also believe that the low minimum wage is the reason why a lot of people are in poverty and why there are so many poor people. Common sense would have you believe that if you raise minimum wage you raise the standard of living and you bring people out of poverty, right? Wrong. Contrary to popular belief that is not true AT ALL. Raising the minimum wage is not only bad for the economy, but it also does not help the poor it actually hurts them in a way.…

    • 1206 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Minimum wage had been a huge problem in today's world. It affecting about 1.3 millions people a year and continues to grow. People been trying to raise minimum wage forever. Minimum wage is affecting the lower and middle class the most. Some people don't notice what's really happening because they're blinded to how much they really should be making. Inflation also has to do with minimum wage. We think we get paid more, but in reality we don’t. Raising minimum wage also means prices for good go up as well. Basically we still at the same place we started. That's how they get us, by making us think we are making more and were not.…

    • 462 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Increase Minimum Wage

    • 96 Words
    • 1 Page

    For those who are paid minimum wage, everyday living is a struggle. Minimum wage is the smallest amount of money that a boss can legally pay their employee. As of now, the federal minimum wage is $7.25 per hour. When people are paid minimum wage they can’t live comfortably. Raising the federal minimum wage is imperative, even though some may think differently. If the minimum wage was increased, people would be able to earn a living wage standard, and avoid poverty; however, some would argue that by increasing the minimum wage would negatively impact the economy.…

    • 96 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Life is getting more expensive and people have to gain more money for their life styles. Working people lives in the paycheck of the minimum wage. A Minimum wage is the minimum an employer has to pay an unskilled worker based on the regulations set forth by the Fair Labor Standards Act (FLSA) that was originally established in 1938. Over the years there has been much debate about raising the federal minimum wage. Some are against and some are in favor in raising the minimum wage.…

    • 716 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The american dream is opportunity but it also comes with a price, sometimes it is too expensive. In the quote, “Something is wrong, very wrong, when a single person in good health, a person who in addition possesses a working car, can barely support herself by the sweat of her brow. You don’t need a degree in economics to see that wages are too low and rents too high.” stated in the excerpt nickel and dimed: on (not) getting by in america, demonstrates that prices are too high but workers aren't getting enough money to live and support a family. “When someone works for less pay than she can live on -- when, for example, she goes hungry so that you can eat more cheaply and conveniently -- than she has made a great sacrifice for you, she has made of a gift of some part of her abilities, her health, and her life.” this quote demonstrates that the “poor” and employed workers work hard to get just enough money to barely live off.…

    • 499 Words
    • 2 Pages
    Good Essays
  • Good Essays

    A lot of people are suffering due to the fact that the minimum wage isn’t going up. Prices are increasing over time and it’s making people struggle to be able to pay the bills. A minimum wage is the amount of money that people earn from working. We are talking about minimum wage because some people think it would be a good idea if it went up. Some people say it shouldn’t because things would get worse. Things that have been going on about this topic is that if the minimum wage goes up it will support families who most need it. Not everyone has the same opinion about the minimum wage. Although some people wouldn’t like the idea of the minimum wage going up, In my opinion it would be the best thing to ever happen because it would be a big change…

    • 669 Words
    • 3 Pages
    Good Essays