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…
Dante Johnson, I agree inflation is a major issue whenever the subject of raising current minimum wage. If companies have to raise their current minimum wage the consumer will be the ones who pay for this finance increase. As a result, neither the corporate companies nor the consumer would benefit from raising the minimum wage. But in addition to inflation, low skill or inexperienced workers will be the ones to suffer most. Employers will not pay $12 an hour to hire a worker whose hourly efforts bring in $10. As I mention in my post a higher minimum wage will put the inexperienced workers out of a job. This happens to effect teenager greatly as many are starting out in the workforce. If the current minimum wage is raise most likely inexperienced…
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.…
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 believe that it is fair to pay teens less than adults. In the U.S today, teens aren't able to work up to their full potential due to factors such as laws regulating their work hours and even school work that limits their time. Teens aren't even able "to operate a cardboard-box compactor" at a grocery store as stated by Bob Battles. Plus, teens lack the experience to be performing at the same level as adults because of their lack of more education. Bob Battles even states, "...it makes more sense for them to hire older, more-skilled workers instead of teens." However, this lower wage doesn't just apply to the adults' needs, but also teens. By having lower wages, teens are able to be hired easier and gain the work experience that they may…
Boosting the minimum wage would make exiguous people want to earn a degree, when they could be making the affiliated amount at a minimum wage job. If the minimum wage increases, it will affect our country in a mass of ways that will not make many too happy. This will put a great deal of people in a much harder situation, and make it harder for them to live. It’s been proven by various people that our economy would become more abominable than it is by getting minimum wage raised. Society believes doing this is doing us all a favor, when certainly, it’s just going to make it more difficult.…
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…
The United States should raise the Federal Minimum Wage to help people to afford education, help the poor, and decrease the hours of work. The United States should raise the Federal Minimum Wage to help people to afford education. Education is essential today, and…
Another reason why I believe it would be beneficial to raise the minimum wage is because of the fact that it would help our economy in the long run by increasing consumer spending. If minimum wage was to be raised, then people would earn more money to the point where they are able to pay for their basic necessities and still have money left over; this would cause to an increase in consumer spending, and that would not only be beneficial to businesses, but also to the economic growth in local and national economies.…
College kids work their butts off in order to pay for their tuition, yet they still can't afford it. Their jobs don't pay them enough money to pay for fees, food, rent, etc. It's the same for adults too. To prevent this, the minimum wage should be raised. This could lead to increasing economic activity and jobs. Other benefits are higher school attendance and lower high school drop offs. However, it could increase layoffs and unemployment. Even though raising living wage can start some problems with more experienced workers, people gain more money to afford their needs.…
Minimum wage is the lowest amount of money earned per hour by a worker authorized by law. The federal government allows each individual state to set its own minimum wage amount. The current federal minimum wage stands at $7.25 per hour. Increasing the federal minimum wage can help many people, but it also has many drawbacks. Consumer prices will skyrocket and cause inflation, when money becomes less valuable, if the federal minimum wage increases. Also, increasing the minimum wage causes employers to hire fewer people, causing unemployment. Finally, the government should consider smarter ways to help the lower class earn more money such as implementing a direct wage subsidy or increasing the earned income tax credit. Raising minimum wage has the negative effects of causing unemployment and does not raise many people out of poverty.…
Did you know that 4.4 million workers who earn the minimum wage or less have a college degree? Minimum wage is a difficult place to be in life, but it's a better place to be than unemployed. And as a result, when you do achieve a job that is minimum wage you should do the very best you can to keep an incredibly tight budget. I was at a friend’s house a few nights ago for a small get together and she mentioned that she used to live with her dad in Texas for awhile because it was a place where she could do a lot of the things she enjoyed for free and a lot of people didn't really focus on career paths. She then also mentioned that she loved her job working at Pathways and would be content living on minimum wage because it wouldn’t affect her lifestyle much… besides becoming slightly infatuated.…
A high school student that has a job or is thinking about getting a job knows what minimum wage is because they know how little it is. Minimum wage is a set p/hr earnings an employer must pay his or her employees. Oregon is one of eighteen states in the U.S. that has set a higher minimum wage then the federal law of only $5.15 per/hr. For many years there has been a debate on weather or not highirng the minimum wage helps or hurts the economy, in most states with a higher minimum wage it has shown an increase in that states economy.…
Some may argue that raising the minimum wage could potentially increase unemployment rates. As David Henderson says: "A comprehensive survey of minimum wage studies found that a 10 percent increase in the minimum wage reduces employment of young workers by 1 to 2 percent." The increase in the minimum wage entices some teenagers who should be in high school or college to drop out. These students take the place of other potential workers. A minimum wage Increases in the minimum wage can actually give some families higher wages while putting some out of…
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…