Preview

The Consequences Of Raising Minimum Wage

Satisfactory Essays
Open Document
Open Document
473 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Consequences Of Raising Minimum Wage
Should minimum wage be raised? I think that we should raise minimum wage There are many reasons

The first reason is that it would ruin the economy. If we raise minimum wage the economy will drop down like in 2008. Most people that work minimum wage jobs anyways are in the ages between 15-20 years old. Which means that most of the people that are working minimum wage jobs still live with their parents and most of them are going to highschool and college. The workers also decided to work there and they should have gotten a different job if they didn’t want to get paid minimum wage.

The workers wages are sometimes raised. Workers get raises on how well they perform. Life skills education level and just how they do their job. It is more likely
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    1-6 Journal From Problem To Persuasion
    • 340 Words
    • 2 Pages

    1-6 Journal From Problem To Persuasion

    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…

    • 340 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    The Pros And Cons Of Raising The Federal Minimum Wage
    • 333 Words
    • 2 Pages

    The Pros And Cons Of Raising The Federal Minimum Wage

    My research leads me to stand behind the idea of raising the federal minimum wage, within reason. Doing so would raise the standard of living, it could create more tax money for the government, and workers would, without a doubt, gain more motivation to work harder and more diligently on the job. In my opinion, it would not be right to significantly raise federal minimum pay.…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    The Pros And Cons Of Raising Minimum Wage
    • 353 Words
    • 2 Pages

    The Pros And Cons Of Raising Minimum Wage

    Minimum wage is not just about somebodies income. Raising it will have much greater affect on the economy. The cost of goods and housing will go up. The reason the price of those things will go up is because we still have to help cover the cost of workers. By increasing the minimum wage it will decrease ones desire to further their education.…

    • 353 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Pros And Cons Of Raising Minimum Wage
    • 1462 Words
    • 6 Pages

    Pros And Cons Of Raising Minimum Wage

    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.…

    • 1462 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Should The Government Raise Minimum Wage?
    • 206 Words
    • 1 Page

    Should The Government Raise Minimum Wage?

    The government should not raise the minimum wage.Nothing good can come from raising the minimum wage. And if any good comes from it will be cancelled out by all the bad. As unfortunate as it sounds, raising the minimum wage will cause a drop in the job market. If a major retailer had to raise their wages for their workers they would have to get the money from somewhere. That means a raise in the price of goods and the laying off of positions that could be replaced by automated systems. The repercussion of this is an increase in Demand and a lowering of Supply. This means along with the minimum wage increasing, so would the expenses associated with living. There would be an increase in the price of goods and services. A job Shortage would…

    • 206 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Pro Minimum Wage
    • 130 Words
    • 1 Page

    Pro Minimum Wage

    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.…

    • 130 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Why Is It Important To Raise Minimum Wage?
    • 305 Words
    • 2 Pages

    Why Is It Important To Raise Minimum Wage?

    As living expenses rise, and inflation takes its toll, it is merely common sense to raise minimum wage to help blue collar Americans cope with the everyday change in our currency. Raising the minimum would help cover the basic necessities of an average worker’s life, stimulate the economy, and help balance the growing gap between the middle and upper classes.…

    • 305 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Minimum Wage Should Not Be Raised
    • 317 Words
    • 2 Pages

    Minimum Wage Should Not Be Raised

    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
    Read More
  • Good Essays

    Raising Minimum Wage In Today's World
    • 462 Words
    • 2 Pages

    Raising Minimum Wage In Today's World

    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
    Read More
  • Good Essays

    Raising Minimum Wage Research Paper
    • 859 Words
    • 4 Pages

    Raising Minimum Wage Research Paper

    Many families are struggling in America and raising the minimum wage would help many people. Starting 2014 many states began raising minimum wage hopefully all 50 states can raise the minimum wage to the amount necessary. Raising minimum wage would improve the United States by building a better economy rather than an economy with an increase in poverty and inequality.…

    • 859 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Minimum Wage Should Not Be Increased
    • 754 Words
    • 4 Pages

    Minimum Wage Should Not Be Increased

    Minimum wage should not be raised because it will cause loss of jobs. People would like minimum wage to be raised from $7.65 a hour to $15 a hour, low income…

    • 754 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Benefits Of Raising Minimum Wage
    • 1643 Words
    • 7 Pages

    Benefits Of Raising Minimum Wage

    Shumlin, Peter, and Dan Malloy. "No Brainer: Three Reasons Why a $10.10 Minimum Wage Is Good for America." Www.cnn.com. N.p., 5 Mar. 2014. Web. 5 Aug.…

    • 1643 Words
    • 7 Pages
    Better Essays
    Read More
  • Good Essays

    The Role Of Raising Minimum Wage In America
    • 641 Words
    • 3 Pages

    The Role Of Raising Minimum Wage In America

    This paper will talk about the subject of minimum wage in America. Right now it is a struggle for those who work and receive the 7-10 dollar an hour pay. With that type of income a family of three (two parents working (minimum wage) and one child) will only make $30, 160 in a year. Now we all know that you cannot do much with $30,160, but that does not mean that they deserve more than that. People deserve what they put in. That is why people who work hard tend to earn more money than people who do not. Here are three reasons for why the US should not raise the minimum wage. The minimum wage is for people who do not try hard enough in school, it will also raise the prices that we pay for, and it will also just make inflation increase at a much faster rate.…

    • 641 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    The Importance Of Raising Minimum Wage
    • 303 Words
    • 2 Pages

    The Importance Of Raising Minimum Wage

    The minimum wage should not be raised for many reasons. The minimum wage in Florida as of 2015-2016 is $8.05/hr. Minimum wage is a minimum amount of money a worker shall get per hour. Many people want the minimum wage to raise but it shouldn’t because “more than half of the minimum wage workers are under the age of 25, and many are students trying to pay their way through school”(Brian Brenberg The Kings College.) Raising the minimum wage can also put small companies in debt. Also if the minimum wage is increased, more skilled and educated workers will want a pay raise as people who are unskilled and uneducated are awarded a higher pay raise because of the gov’t. Also raising the minimum wage would not impact poverty levels.…

    • 303 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    The Importance Of Raising Minimum Wage
    • 2313 Words
    • 10 Pages

    The Importance Of Raising Minimum Wage

    There has been a lot of discussion regarding the increase of minimum wage across the nation. Currently, the wage is set at a low amount of $7.25 an hour. In today’s society it is almost impossible to live on only an income of $7.25 an hour especially for those who are raising a family. In President Obama’s 2013 State of the Union Address, the president proposed to raise the minimum wage to 9 dollars by the year 2015 (Luhby). A higher minimum wage would help people living in poverty by providing better means of financial stability, and it would also improve the chances of those people trying to escape poverty stricken living conditions. Another bonus to increasing the minimum wage is that it could potentially…

    • 2313 Words
    • 10 Pages
    Powerful Essays
    Read More