Benefits Of Raising The Minimum Wage Essay example

Benefits Of Raising The Minimum Wage Essay example

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There are opportunities to better the economy of America. Raising the minimum wage is one of those opportunities. Raising the minimum wage can have a positive effect on the country. The minimum wage is not where it ought to be. The minimum wage was higher in the 50’s and 60’s in today’s dollars than it is now. With an increase in minimum wage, people will make more money when working low income part-time or full-time jobs; giving workers more financial stability. The paychecks and yearly salaries of the average low income American family would began to rise. It is an advancement in a conclusively good direction, but it will take time and progressive steps towards a better minimum wage that meets the cost of the necessary standard of living. A raise in the minimum wage will benefit the low income workers and families, produce more revenue for business, and provide more financial stability in the country.

Our nation’s national wage is not high enough to live off from; making it a struggle for many low-income households to support their families ( Hall, Doug, and David Cooper). In 2011, it was estimated by the U.S. Bureau of Labor Statistics that 3.8 million American workers earned the federal minimum wage or less; with most of whom not being teens (U.S. Department of Labor). In 2013, the Census Bureau evaluated that 109,631,000 people were receiving some form of Government assistance; such as welfare, medicaid, medicare etc, (Jacobson). That is an awful lot of people that are in need of a job and/or in need of more financial support. This can be eased by raising the wages of minimum wage employees. With higher wages, minimum wage earners will spend more enabling businesses to gain more revenue and thus expand the need for busin...


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...feel more comfortable and satisfied in their jobs, which can make them less likely to quit. The raise will give them the ability to better support themselves without depending so heavily on government and federal assistance; which ultimately means lower taxes and a redistribution of those funds to others in need ( Halvorson).

The benefits and opportunities in raising the national minimum wage is clear to see. There is a good outlook for the movement to increase the minimum wage. Increasing the wages of workers is apart of building a strong economy. Hard times come on us all, but if there is something that can be done to make life easier and less stressful for Americans working these low income jobs, such as raising the federal minimum wage, then there should be a push to increase the quality of life for the financially struggling American individuals and families.

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Benefits Of Raising The Minimum Wage Essay example

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