starting at minimum wage. Wouldn’t you think $7.25 an hour is a good start? While you may agree many others would disagree to this on many different circumstances. Raising minimum wage is detrimental to the nations economy due to the risk of inflation of everyday products. Minimum wage is the bare minimum ($7.25 hourly) that an employer can pay an employee for their work. Many people start out at minimum wage jobs and slowly work their way up. In some cases people also stay at minimum wage for the rest
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Hillary Clinton has been first lady of the United States‚ born in Chicago‚ Illinois‚ is apart of the democratic party‚ 68 years old‚ has served as secretary of state‚ and lastly first lady of Arkansas.Hillary Clinton should win the presidential election because she supports immigration‚ reducing greenhouse gasses‚ and raising the minimum wage. First‚ I bet a lot of people remember their first jobs‚ but do they remember how much they got paid? The average minimum wage currently is $2.13 for tipped workers
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Minimum wage in the United States You are beginning a new job‚ you work five 12 hour shifts a week‚ you have bruises and cuts all over‚ you receive minimum wage which is $6.50 an hour. One of your coworkers sits in a chair and watches everyone for six hours five days a week. Your coworker gets paid $12.00 an hour for basically doing nothing. How do you feel? What will you do about it? There are multiple states in the United States that do not have a minimum wage‚ so they do not have to pay their
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the United States and the argument of raising or keeping the minimum wage payment‚ it brings attention to the workers and big corporations. Many thoughts on the cost of living with a higher minimum would make the cost of living boost to the point where it’s not affordable to the average citizen. Raising the minimum wage could crush small businesses and turn eight employees at a chain restaurant to four employees due to the insufficient funds to pay the other four. Increasing the minimum wage will
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value of the minimum wage."(Sklar). The low minimum wage is sinking more and more families into poverty.Families who only have one minimum wage worker can’t support their families.Families with more than 2 children struggle to get along. Minimum wage workers are still making less than they did in 1997.The federal minimum wage was enacted in 1938 through the Fair Labor Standards Act. Workers have to adjust to the increased cost of living. The minimum wage today is $7.25. Sitting the minimum so low means
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dollars! 15 dollars! Living wage!” The signs read as the American protesters march through the main streets of America. Protesters in 270 cities march to “fight for 15” to show their displeased wages‚ some as low as Many folks across are voicing that current minimum wage jobs do not pay a decent wage to live in a small apartment and have food on the table. Many with families have had to take two or three jobs to provide for their children. The debate over minimum wage has flared up in recent years
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argument rather or not the minim wage should be raised rather or not if it will effect furtue jobs and if employers can afford to pay when you look at the economic status of people tha work in the fast food industry and hoe it will affect them Is the minimum wage a good thing? It depends on who you ask. For example‚ famed economist Milton Friedman was opposed to a minimum wage stating that‚ “…people whose skills are not sufficient to justify that kind of a wage will be unemployed.” He further conveyed
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The Minimum Wage: Who does it really affect? A very controversial question that often comes up is whether or not we should increase‚ decrease‚ or eliminate the minimum wage. The Last time we saw a change in the federal minimum wage was July‚ 24 2009. It was set to $7.25 and we haven’t seen a change since. “The average cost-of-living increase over the past decade is about 26 percent. This means that an item purchased ten years ago would have cost about 26 percent less than it costs to purchase that
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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
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be true that wage rate contribute to unemployment but this essay will discuss wage rate and explain how it could contribute to unemployment if it is below full employment. Thus it will define and discuss minimum wage as it is set above the equilibrium because above the equilibrium it is believed that it leads to unemployment. In explaining the minimum wage this essay will use a graph to illustrate impact of an imposed of a minimum wage. The advantages and disadvantages of minimum wage will be also
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