Minimum Wage Should be Raised to Return to a Sustained America
If America is a place to go to better yourself, why is it that there are 47 million people today living in poverty? In order to resolve this epidemic, the big corrupt businesses should be confronted and force them to raise minimum wage to return to a sustained America.
While America is struggling to remain afloat, big companies like Mcdonalds seem to mock the attempts. Their argument is their workers do not need to have higher pay, because majority of them are teenagers living at home.(Source D) There are many studies that show that to be inaccurate. More workers than not, in fast food, are over 29 and have families they are responsible for and have to support.
As fast-food companies grow, so does their power over the economy. Those elite watch their companies grow and do anything to keep their profits growing too. Most workers in America are living under minimum wage than having high paying jobs. The reason is because the few high earners, have created a monopoly over Americas income; giving themselves a healthy portion of what their workers deserve. (Source A) Not only of what the workers deserve, but what they need to live and be able to support their families. Obama has stated "Nobody who works full-time should have to raise their children in poverty." But in reality, Obama would do anything to help, except give up any of his hefty income to help the lower class. Neither would the corporate and big business owners that demanded they were deserving of $15 an hour. As the owners get richer, their workers struggle to make ends meet.
Others would argue raising the minimum wage would cost companies too much: because of which, many workers would have to be cut off for the loss of profit. McDonalds for example, would lose an estimated 8 million. The problem with that statement is that would mean the minimum wage would be raised to $15 an hour, which is more than what most minimum wage workers ask for. Minimum wage workers don't ask to be payed like doctors
While America is struggling to remain afloat, big companies like Mcdonalds seem to mock the attempts. Their argument is their workers do not need to have higher pay, because majority of them are teenagers living at home.(Source D) There are many studies that show that to be inaccurate. More workers than not, in fast food, are over 29 and have families they are responsible for and have to support.
As fast-food companies grow, so does their power over the economy. Those elite watch their companies grow and do anything to keep their profits growing too. Most workers in America are living under minimum wage than having high paying jobs. The reason is because the few high earners, have created a monopoly over Americas income; giving themselves a healthy portion of what their workers deserve. (Source A) Not only of what the workers deserve, but what they need to live and be able to support their families. Obama has stated "Nobody who works full-time should have to raise their children in poverty." But in reality, Obama would do anything to help, except give up any of his hefty income to help the lower class. Neither would the corporate and big business owners that demanded they were deserving of $15 an hour. As the owners get richer, their workers struggle to make ends meet.
Others would argue raising the minimum wage would cost companies too much: because of which, many workers would have to be cut off for the loss of profit. McDonalds for example, would lose an estimated 8 million. The problem with that statement is that would mean the minimum wage would be raised to $15 an hour, which is more than what most minimum wage workers ask for. Minimum wage workers don't ask to be payed like doctors