I agree that people cannot live on minimum wage since the cost of living has gone up drastically. This has always been a conflict and will continue to be unless they raise minimum wage. The type of life we are living now days won’t simply just get us through by working on…
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.…
Raising the minimum wage and getting paid more sounds like a great idea. Who wouldn’t want to have more money? While it may be cool to raise the minimum wage and get paid more money, it has it’s downsides. Minimum wage is the least amount of money an employer can give to their workers. We are talking about minimum wage because it is very important in our economy. People have been trying to raise the minimum wage. While some may argue that raising the minimum wage would help those who don’t have enough money to buy resources, the US should not raise the minimum wage because it will result in people losing their jobs and things getting more expensive.…
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.…
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…
Currently, Portland has a minimum wage at $9.25 per hour, the second highest in our country, but we still need to make it greater. Right this minute, if you’re a minimum wage worker, you make $15,636.25 take home each year, and then imagine that you were a mother or father of 2 kids. This wage makes barely enough for just one person to survive in today’s world, let alone a whole family. Imagine that you’re that mother or father, and you have your two kids, you’re working three jobs, but supporting your family is still impossibly hard. Sadly, many children everyday are born into poverty, and so our future generations keep spinning through this never ending circle.…
One of the biggest problems in America, affecting over 45 million citizens, is poverty. There is seemingly no solution to this, but many people are working very hard to come up with a way to lessen the sheer amount of poor people in the U.S. One of the solutions that has come up many times recently is that if the minimum wage was raised to an amount that would be substantial to care for a family, then the working poor could get out of poverty. Though this sounds great, there are some saying that this would not be beneficial to the economy, as it would cause inflation, and that the supposed “living wage” is not enough to buy an average apartment. However, minimum wage should ultimately be raised because it could help the poor get the money they…
I have many reasons why I do not think minimum wage needs to increase at this time. We need to look at the reasons for minimum wage. We must look at the amount of time the current minimum wage has been in effect. The affect on the economy needs to be well thought-out. The impact on businesses should be analyzed. Additionally, the individuals receiving minimum wage should be considered. At one time in my life, I received minimum wage. I understand the struggles one must make to survive on low income.…
minimum wages are struggling to live on a salary that is below the poverty threshold. In 2012, the U.S census posted that in a family of three; their income is 18,552, (U.S Census). In most case, one member of the family is working on a minimum wage salary which is below 18,552, (U.S. Dept. of Labor). It has been almost a five years since congress has raised the minimum wage (Huff Post). Throughout my argument, I will share my thoughts as wells as facts on why congress should agree to raise the minimum wage. We the people of this nation are being held victims of the economic downfall. Give us a reason to rise out of this situation so we can move forward and provide better service in whatever way we may be able to do for our fellow Americans; give us an increase.…
If you have ever worked for minimum wage, I am sure you have felt as if your time was worthless. After taxes you brought home next to nothing, no matter how often you worked. That 's at least how I felt when I worked for minimum wage. In high school I had nothing to pay for but a cell phone. I worked for minimum wage and it seemed like I barely could afford it. I had basically no bills and I worked around twenty hours a week, and it seemed like I couldn 't save any money. I always wondered how my coworkers, who were adults, who had real things to pay for pulled it off. After reading Barbara Ehrenrech 's Nickel and Dimed it really made me wonder if the current minimum wage is really high enough.…
Workers in low- income families. And it would be useful to assume that all employment losses occurred to young persons from more affluent families. This however, is not the case. According to the Economic Policy Institute , poor women—disproportionately represented in low income households-are most likely to be helped by a minimum wage increase. However, because it takes almost $17,000 to lift a family of four out of poverty, the amount of the minimum wage increase is likely to be insufficient to eradicate poverty by itself.…
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.…
In this year’s State of the Union Address to Congress, President Obama recommended raising the minimum wage to benefit workers who cannot support themselves and their families with their current salaries. The articles, Why We Need to Raise the Minimum Wage and Why We Shouldn’t Raise the Minimum Wage tell us that there were some controversies in raising the minimum wage. As an economics major, I believe it is a bad idea to raise the minimum wage because it creates more unemployment, and it will reduce entry-level jobs. Since increasing minimum wage is not the solution to the poor people, the government should rather increase the earned income tax credit than minimum wage.…
In 2007, President George W. Bush signed into law the Fair Minimum Wage Act of 2007. The act stated minimum wage would rise from $5.15 to $7.25 within two years following a three-step schedule. The steps were: from $5.15 an hour to $5.85 an hour on July 24th, 2007; from $5.85 an hour to $6.55 an hour on July 24th, 2008; and from $6.55 an hour to $7.25 an hour on July 24th, 2009. The federal minimum wage has since remained at $7.25.…
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…