Abolishing the Minimum Wage Many Americans think of the minimum wage as a means of raising the income of the working people. However‚ the minimum wage is not the best way to combat poverty. In fact‚ the minimum wage does more harm than good. The list of its negative effects is a long one: it causes unemployment; it prevents unskilled workers from getting the on-the-job training they need; it encourages teenagers to drop out of school; it promotes the hiring of illegal aliens; and it increases welfare
Premium Minimum wage Employment Wage
Part One When the minimum wage is increased‚ there comes an assumption that there will be a negative impact on employment. Despite this expectation of unemployment‚ historical trends have shown that no such rise in unemployment exists overall‚ but can be found with specific groups. Workers are now easily replaced by technology in low skill fields and businesses have the option of switching over to machines for the same tasks. While an increase in minimum wage has little impact overall‚ youth employment
Premium Employment Wage Minimum wage
If the minimum wage increases‚ it doesn’t necessarily mean that the economy will get better or our standards of living will be better. If wages go up‚ then the cost of living will also increase. Some statistics have proven why the rise of the minimum wage will cause more issues. As the minimum wage increases‚ the unemployment rate will increase. As well‚ there is an enormous potential of causing small business to collapse due to higher salaries and the inability to afford them. Machines would replace
Premium Employment Unemployment Minimum wage
1‚000‚000‚ this is the number of teenagers who drop out of high school each year. “In several of the largest school systems across the country -- from Baltimore to Cleveland to Atlanta and Oakland‚ Calif. -- half of the students are dropping out.” (ABCNews). Why are these students dropping out? The reasons are anonymous and exceedingly many. Students drop out for all the wrong reasons. And what he or she does not consider is the future that lies ahead of them. All those decisions he or she
Premium Dropout Education High school
Controversy on Minimum Wage A minimum wage is an hourly wage rate that is set by law. The minimum wage was introduced during Roosevelt’s presidency in 1938. This was the time of The Great Depression where unemployment was at 19%. Today it is around 9%. As early as 2010 the minimum wage in the United States was $7.25 per hour. Now‚ only 3 years later‚ it is up to $7.85. Some feel as if minimum wage should be raised to decrease the amount of poverty in America whereas in reality‚ a higher minimum wage would
Free Minimum wage Employment
parents have to face when earning an income that is determined by the minimum wage. Minimum wage is an hourly wage that is set by law made by the government. Minimum wage was first implemented in the US in Massachusetts in 1912. In 1924‚ the Supreme Court ruled that having a minimum wage violated the Fifth Amendment by impeding with “the freedom of businesses and workers to form contracts without government interference” (“Minimum Wage”). The Supreme Court then revoked their decision during The Great
Premium Minimum wage Employment Wage
risen‚ the minimum wage has remained stagnant‚ creating historic profit margins for companies that employ minimum wage workers. This uneven balance of the distribution of wealth is causing a significant amount of our population to suffer below the poverty line. Today‚ I urge you to vote in favor of this legislation in order to ensure that every single citizen of our country will be able to live a comfortable life‚ above the poverty line. The first benefit of raising the minimum wage is that such
Premium Minimum wage Wage Employment
“With a high wage maybe I’d be able to move out of my father’s house. Maybe I could get off food stamps. Maybe I could start giving back to the economy‚” says Tenesha Hueston in “Working Poor in America” a report by Oxfam America. Hueston is a single mother of 4 and works at a fast food restaurant as a manager. However‚ she is only gaining $7.75 an hour. It’s embarrassingly sad how America does nothing to make minimum wage workers ascend with the cost of living. Therefore no upward mobility is being
Premium Poverty Minimum wage
Minimum wage can be a very picky subject due to many different opinions on the topic. Minimum wage can only be understood by people who have been paid nothing but minimum wage. To say that everyone that is making minimum wage is struggling is an overstatement. Although there are some negatives with the minimum wage. A person who makes minimum wage still endures the same amount of labor as a person who do not get paid minimum wage. Coming from me‚ a person who made minimum wage working in fast food
Premium Minimum wage
“You’ll never make it‚” they all said‚ my boyfriend‚ family‚ teachers‚ and friends. It was like my life was already figured out for me‚ as if I didn’t have a say. The message was loud and clear. They all expected me to fail‚ to settle for a minimum wage paying job‚ to settle for just a high school diploma. For a while I went around believing that all I could do was the minimum required. But then I realized that I was capable of doing so much more. As time went on I realized that I did not have to
Premium High school Learning Education