Essay on Article Rebuttal: Minimum Wage

Essay on Article Rebuttal: Minimum Wage

Length: 1190 words (3.4 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

Article Rebuttal: Minimum Wage
Over the years there has been much debate about raising the federal minimum wage. Some states have taken it upon themselves to set higher minimum wages than the federal minimum wage, because of the lack of action by congress. The supporters of the raising of the federal minimum wage have been more vocal lately. This is especially true since studies have shown, that the gap has grown between the wealthier population, and the middle class.
Recently President Obama, because of the lack of effort and action by congress, has used executive action to implement the raising of the federal minimum wage to $10.10 an hour for new federal contracts, effective 2015. This, naturally, has brought out commentary, studies that support and oppose this, as well as predictions that are totally opposite of each other. (Davis, S.)
The non-partisan Congressional Budget Office (CBO) examined the impact of raising the minimum wage to two levels, $9.00 and $10.00 an hour. On February 18, 2013 the CBO report concluded that at $9.00 300,000 workers’ wages would rise over the poverty line; however 100,000 jobs would be eliminated by employers to maintain profitability. The impact of a $10.10 an hour minimum wage on these numbers would be 900,000 workers moving above the poverty line while 500,000 jobs would be eliminated. Numerically this seems to support the lower wage. The spokesman for House Speaker John Boehner, a Republican, said, in part “raising the mandatory minimum wage may help some but there are costs associated with this, such as fewer people working”. He also said, the country should be focusing on creating and not destroying jobs. (Davis, S.; Furman, J., and Stevenson, B.)
On February 19, 2014 the White House and ...


... middle of paper ...


...ary 19, 2014) CBO: Minimum, wage hike may cost 500,000 jobs. USA Today, p.3A
Furman, J., and Stevenson, B. (2014). Congressional Budget Office Report Finds Minimum Wage Lifts Wages for 16.5 Million Workers. Retrieved from http://www.whitehouse.gov/blog/2014/02/18/congressional-budget-office-report-minimum-wage-confirms-consensus-views-beneficiari
Witcover, J. (2014, February 21). Wealth inequality contributes to enduring 'class warfare' in politics. Chicago Tribune
McCambridge, R. (2013). Walmart “Offended” by Pushback on Charity Aimed at Walmart Employees. Retrieved from http://www.nonprofitquarterly.org
Raising Minimum Wage for Fast Food Jobs Not a Problem. (2014). Retrieved from http://www.drudge.com/news/176267/raising-minimum-wage-fast-food-jobs-not
Opinion Line (2014, February 20, 2014) (Is Minimum wage hike loss for jobs or gain for poor? USA Today, Page 11A)

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Minimum Wage Should Be Legal Essay

- ... Also, instead of cutting jobs because of minimum wage, they can raise the prices and accept lower profit. In the end, yes all of these things are true, but what if the other 42 states don’t have the same results as those states. Exactly,there’s a problem because minimum wage won’t be consistent, thus causing it not to be as strong as Johnson proves. Lastly, don’t forget about raising prices and accepting less profit. What about those employers who can’t afford to keep raising prices and getting less profit....   [tags: Employment, Minimum wage, Wage, Basic income]

Strong Essays
982 words (2.8 pages)

Essay on Minimum Wage And The Wage

- Introduction Minimum wage was established state wide in 1938 by Franklin Delano Roosevelt; at that time it was only 25 cents which is equivalent to 4 dollars in today’s world. It was established as part of the Fair Labor Standards Act which covered youth, government and overtime pay. Massachusetts was actually the first state before Franklin’s statewide acknowledgement, and it only covered woman and children without overtime. There are lot of issues with minimum wage now such as setting a statewide minimum wage to $10.10, which does not benefit places were living is expensive such as in New York....   [tags: Minimum wage, Employment, Wage]

Strong Essays
2449 words (7 pages)

Minimum Wage Is Not A Living Wage? Essay

- The Minimum Wage is Not a Living Wage Anymore Should we have the minimum wage rise. Nowadays, many people argue that we should increase the minimum wage because we haven’t had an increase since 2009. People who are living on the minimum wage struggle a lot raising their families. (Webster) Minimum wage means the lowest daily or monthly remuneration that employers may legally pay to workers. On the other hand living wage means the minimum amount that a worker must earn to afford his/her basic necessities, without public or private assistance (Webster)....   [tags: Minimum wage, Wage, Living wage, Poverty]

Strong Essays
1295 words (3.7 pages)

Minimum Wage And The Wage Essays

- The federal minimum wage became a law in 1938 and the first minimum wage started at .25 cents. Over the past years, the minimum wage has seriously changed because of the power of economy. In 1948 the minimum wage was starting with 3.09 to 8.67 dollars an hour, however, in 2013, the average was 6.60 dollars per hour. As the decades past, this amount of money was changing dramatically till today, which is 7.25 dollars an hour as shown in the graph below. That being said, today’s minimum wage is more than the minimum wage has historically presented, although it remains over a dollar an hour below its historical high....   [tags: Minimum wage, Employment, Wealth, Wage]

Strong Essays
1164 words (3.3 pages)

The Minimum Wage And Wage Essay

- In the United States today, there is a movement to increase the Federal Minimum Wage to $15/hr. This is a short-sighted solution that will not have the desired or intended effect. The business laws requiring employers to pay any minimum wage are a detriment to our economy and our citizens. The minimum wage law causes wage-push inflation, forces employers to pay a unskilled employees a wage that they do not rightfully earn, and discourages education in the under privileged groups of society. There are some arguments for a minimum wage....   [tags: Minimum wage, Employment, Wage, Higher education]

Strong Essays
1575 words (4.5 pages)

Minimum Wage Should Be Legal Essays

- Most people know what the minimum wage in their state is but they don’t actually know what minimum wage is. In Linda Gorman’s article “Minimum Wages” she explains that minimum wage is laws set legal minimums for the hourly wages paid to certain groups of worker. Minimum wage laws were invented in Australia and New Zealand to guarantee a standard living for all of the unskilled workers at the time. As Jonathan Grossman explains in his article “Fair Labor Standards Act of 1938: Maximum Struggle for a Minimum Wage,” President Roosevelt introduced minimum wage laws to the United States in 1938 in the Fair Labor Standard Acts of 1938....   [tags: Minimum wage, Wage]

Strong Essays
2608 words (7.5 pages)

Essay on The Increase Of Minimum Wage

- ... Minimum wage is hot topic nationwide, but the topic heats up in my current realm of college aged students. Furthermore, to properly argue either side, a basic understanding of the history and why minimum wage exists is necessary. An article from the U.S. Department of Labor discusses the history and purpose of the Fair Labor Standards Act of 1938 (FLSA). In the article it says the act only applied to certain industries, but that it “banned oppressive child labor and set the minimum hourly wage at 25 cents, and the maximum workweek at 44 hours” (Department of Labor)....   [tags: Minimum wage, Employment, Wage]

Strong Essays
845 words (2.4 pages)

Essay on Benefits Of The Minimum Wage

- ... Typically, citizens are labeled into classes, particularly the wealthy, middle-class and poverty. Minimum wage employees are almost always located in the poverty class. If minimum wage were to be raised, it would not necessarily mean everyone previously in poverty would graduate to middle-class, but it would be a step in the right direction. Rogers also raises another excellent point, in that receiving increased pay would give the employees an incentive to work harder or, in Rogers’ words, they would perform more of a “decent” job than if they were receiving, in Missouri’s case, a rather low $7.65 an hour....   [tags: Minimum wage, Employment, Wage]

Strong Essays
2072 words (5.9 pages)

Raising The Minimum Wage Essay

- ... Them being cheap is what causes them to lose employees. Higher wages will attract employees because they would not have to work more than one job, employees would not have to live with families, or friends to make it by, and a higher minimum wage will allow employees to be able to work and spend time with their families, instead of having to work day and night seven days a week. Low wages cause a major struggle due to living paycheck to paycheck. There are a lot of positives to raising the minimum wage such as the rising cost of items our going up as the years are going by....   [tags: Minimum wage, Wage, Employment]

Strong Essays
1270 words (3.6 pages)

The Minimum Wage Essay

- "The minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don't think it worked then. It didn't solve any problems then and it hasn't solved any problems in 50 years." -- John Raese For many years it has been a matter of conventional wisdom among economists that the minimum wage causes fewer jobs to exist than would be the case without it. This is simply a matter of price theory, taught in every economics textbook, requiring no elaborate analysis to justify....   [tags: Minimum Wage Research Paper]

Strong Essays
3664 words (10.5 pages)