Minimum Wage And The United States

For instance, the employees that work on minimum wage in California have to work 130 hours a week to afford two bedrooms, this is the reason that the government supports the low income families. Raising it would help these people afford to support their families on their own. Also the minimum wage is not keeping up with inflation making it harder and harder for people to afford things, which is affecting the economy even more because people are not buying, or they will buy cheap things that are made somewhere else, which stimulates a different country's economy. Raising the minimum wage would effect and help the economy to grow, If the minimum wage is raised, businesses will be at the pinnacle of their game. The minimum wage employers will have money to spend , and in turn, the... ... middle of paper ... ...l salon is nearly two times the average for all workers.

Jobs and the economy are directly related, so if the economy is steadily growing, then the amount of jobs will too. Increasing minimum wage would have a major impact on job availability. In fact, a chart published by the Review of Economics and Statistics shown in the Huffington Post explains that between the years of 1991 and 2006, the rate of job growth has mimicked the increase and decrease of minimum wage. Another study done by the National Emplo... ... middle of paper ... ... work and it is Congress’s moral obligation to raise it to help the millions of people who, despite their hard work, are still in poverty. Works Cited http://www.huffingtonpost.com/2013/11/07/obama-minimum-wage_n_4235965.html http://www.salary.com/increasing-the-minimum-wage-pros-cons/ http://nelpaction.wordpress.com/2013/07/24/new-poll-overwhelming-majority-of-americans-view-minimum-wage-increase-as-important-priority-for-congress-over-next-year/ http://www.epi.org/publication/bp357-federal-minimum-wage-increase/ http://www.newyorker.com/talk/financial/2013/08/12/130812ta_talk_surowiecki http://www.huffingtonpost.com/lawrence-wittner/the-minimum-wage-should-b_b_4251211.html http://www.huffingtonpost.com/2014/01/14/minimum-wage-raise-proof_n_4597721.html http://www.huffingtonpost.com/2014/01/14/economists-minimum-wage_n_4594922.html?utm_hp_ref=business

According to The California department of industrial relations the California minimum wage has been steadily increasing since 1918. It has gone from .21 cents to 10 dollars an hour. Increasing the minimum-wage does many things; it stimulates the economy, allows people to live in better conditions, and helps level out the problem of income inequality. The minimum wage also helps in indirect ways. The raising of minimum wage achieves a domino effect, it allows for new job growth since people have more wants, it also helps to reduce crime, people that are able to pay their bills with what they have and don’t need to go and steal just to feed their families.

The cost of rent will increase monthly because if people have more money to spend, then landlords will bump up their prices. For example, California recently raised their state’s minimum wage to ten dollars an hour. According to the figures from the Council for Community and Economic Research, “the cost of living in Los Angeles is forty percent higher than the United States average” (Michael Hiltzic 2016). In result, this is just another negative impact on raising the minimum wage. Workers who cannot survive off of $7.25 an hour will not be able to survive off of $10.10 an hour because of inflation.

People tend to spend more if they have the money to do so, which contributes to the GDP, which helps kick start the economic recovery. There are so many benefits to be had with a higher minimum wage. Not only does it affect the one receiving it, but the community and government as a whole. The government should increase the minimum wage because the current minimum wage is not enough for living expenses, it helps to reduce the number of those on government assistance, and it would help boost the economy. Doing so gives those earning minimum wage not only the ability to support themselves and their loved ones, as well as allowing them the dignity in doing so.

If the minimum wage was eliminated, the revenues would go up. Moreover, with smaller quantity of jobs accessible for illegals, they will not be as motivated to come into the country to begin with. The minimum wage law has its advantages and disadvantages. In a sense it will help those less educated/skilled support their families and be able to afford the costs of life. The minimum wage keeps employees guaranteed to make the bare minimum.

“Skerk James’s story; “who is the follow in labor policy at the Heritage Foundation, argues that raising the minimum wage will not stop poverty. Instead, it will push employees to cut hours and give less job position to low-income workers. If a employees is making a lot of money there is no way for them to cut off hours. That along will motivate workers to put more time and effort in their work so they can be eligible for benefits at their work place. So if rich and poor making enough incomes their will be no differences of categorizing rich from

Poverty in the United States will keep increasing if Congress does not raise the minimum wage as living expenses continue to rise. With expenses such rent and food, millions of people in the US are struggling to afford the necessities to keep them alive. In order to help the working and middle class, President Barack Obama wants Congress to raise the minimum wage from $7.25 an hour to $9.00 an hour by the end of 2015. Unfortunately, CEO’s and the Republican Party in the US are against raising the minimum wage because it will cut into the companies’ profits and claim that it will cause job losses. There are several benefits in raising the minimum wage, as it reduces the number of people in poverty which in turn reduces the government expenditures to support people living in poverty.

One way that can be seen right off the bat, is that employers would have to pay their workers more money. Having to pay the workers more money in wages would increase the expenses for the company and decrease the profits and business owners/employers would not be too happy about this. Another problem that would arise for the employers is giving raises. There

From 2007 to 2009, the minimum wage increased from $5.15 to $7.25, where is still ... ... middle of paper ... ...ect all Americans, those making minimum wage and those with salaried jobs making above the bare minimum. Even though people are making more money, they will be spending more money on the necessities for life. Raising the minimum wage to the proposed level would be crippling to the American economy. Research shows that it would help many people greatly, but rid many more Americans of a job entirely leaving them no way to support themselves and their families. The same scenario would reoccur just as it did when the minimum wage was raised before: jobs would be lost.