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Minimum Wage Persuasive Speech

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Minimum Wage Persuasive Speech
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I would like to thank Mrs Diciaula for monitoring this debate and you guys for listening and asking questions. Your decisions are the best privilege that you have, the only privilege that matters in the United States is the privilege of making free decisions- we all have that privilege in a free country. Although it seems greedy, sometimes people need to see the benefits on the other side of the table before making important decisions, important decisions like applying for your first job. According to my poll, 60% of the our fellow classmates have jobs. Despite the fact that our parents probably pushed us into getting these jobs, I have no doubt that 100% of those students with jobs considered
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Money that is worth 14 times more than what it was to be produced. But where does this money go? It goes from the consumer to the producer. And from the producer it is dispersed throughout production and employees. Employees are paid based on a salary. Roughly 1 million citizens are paid $7.25, the current minimum wage. I believe that the minimum wage should be raised to $15, but this cannot happen in the blink of an eye. I support the Fight For 15, which is a movement that proposes increasing the minimum wage through time to eventually reach $15. Raising the minimum wage to $15 would be beneficial not only to the economy but the wellbeing of the citizens in it for 4 main reasons: it will reduce poverty, reduce inequality, cause a surplus of workers, and even promote a healthier population. The US poverty ranking is the highest in the developed world. According to a 2014 Congressional Budget Office report, increasing the minimum wage to $9 would lift 300,000 people out of poverty, and an increase to $10.10 would lift 900,000 people out of poverty. A minimum wage of $15 would also reduce inequality. Among the 34 Organisation for Economic Cooperation and Development member countries, the United States has one of the highest levels of income inequality, with only Chile, Mexico, …show more content…
In 2012 the richest 1% of the US population earned 22.83% of the nation's total pre-tax income resulting in the widest gap between the rich and the poor since the 1920s. A 2015 study found that the decrease in the inflation-adjusted value of the minimum wage since the 1980s has been a contributor to America's high levels of inequality. Increasing the minimum wage is necessary to create a more equitable income distribution for disadvantaged groups. Raising the minimum wage will also create a surplus in jobs, especially among workers our age. Minimum wage workers tend to be young. Although workers under age 25 represented only about one-fifth of hourly paid workers, they made up about half of those paid the federal minimum wage or less. In my poll, 100% of you said you would be more likely to apply for a job if you were paid $15 minimum wage. Just based on the data I’ve gathered amongst you, raising the minimum wage would cause more employment, more business. Lastly, it will improve the country’s health. A 2014 Human Impact Partners study by Rajiv Bhatia, MD, found that raising the California minimum wage to $13 an hour in 2017 "significantly

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