More handpicked essays just for you.
Argumentative essay on increase in minimum wage for employees
Argumentative essay minimum wage increase samples
Argumentative essay on increase in minimum wage for employees
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Minimum wage is, without a doubt, one of the most debated things in history. The debates around it have escalated even more with all the recent changes in the actual value of minimum wage. According to Clinton Alexander, “Since being first enacted in 1928, the idea of a ‘minimum wage’ has been sold as a law that will benefit the poorest sectors of our society.” However, some people actually consider if it does what it is intended to do. Some people say that we need to look at how minimum wage affects employers, employees, and the cost of goods, as well as what actually determines the value. We also need to look at how minimum wage has changed over the years. With all of the debates with the new coming change in the value of minimum wage, …show more content…
These people are usually the one who push for raises in minimum wage, saying that raising the wage can help minimum wage employees in the long run. For example, in the article, “Four Consequences of a $15 Minimum Wage,” the author states, that raising minimum wage can actually help children, since higher incomes lead to better mental health and parenting,” (Lee). This shows that by raising the minimum wage a child’s parent receives can actually help a child be treated better. It also shows that when you raise the minimum wage, a child might actually be set up for a better future, since the parents treat them better. Another thing is, some minimum wage workers are actually single parents, and providing for their child alone might be hard. Some studies actually show that raising minimum wage can help these single parents. In "The Effects of Minimum Wage on Workers," the author states, “The study "Who Earns the Minimum Wage" published in 2006 by the Heritage Foundation says that 6.1 percent of those making minimum wage in 2005 were single parents” (Root 3). The author continues, to say this, “The minimum wage gives families the chance at survival even if the parents do not possess marketable skills,” (Root 3). What the author is saying here is that minimum wage provides that chance for single parents to earn a basic living as to be able to care for their children. This shows that children with parents …show more content…
Some people, in fact, are tied between the two. For example, in the article, "Effects of Raising the Minimum Wage: Research and Key Lessons - Journalist's Resource," the author states, “These scholars have written previously that, in the short run, minimum wage increases both help some families get out of poverty and make it more likely that previously non-poor families may fall into poverty,” (Wihbey). Here, the author proves that minimum wage has both pros and cons when it comes to on how it affects the employers, employees, and the cost of goods. Minimum wage is an extremely controversial topic in today’s world. After reviewing how minimum wage has changed over the years, what affects it, and how it affects the employers, employees, and the cost of goods, it hope it helps you form your own opinion about
Poverty continues to grow in America. The average minimum wage in the United States is $7.35 an hour- far too low in today’s society. Key expenses, for example, gas and housing prices, have gone up significantly since the minimum wage was last changed in 2007 (Wagner 52). The laws creating the minimum wage were intended to improve the standard of living and decrease poverty. Raising minimum wage is a vital step in decreasing poverty and giving every family the opportunity to survive and succeed. Millions of hard-working Americans are below the poverty line and need an increase in pay. Minimum wage must be raised because it will diminish poverty and assist the working class to support their families.
The minimum wage has always been a controversial subject that has more and more people debating about the subject. While the talk about minimum wages are highly popular it is an important subject to get informed about if you’re an employee or employer because it has to deal with your money. What is minimum wage? Minimum wage is the hourly wage an employer can pay an employee for his or her work. While the talk about raising the minimum wage has caused some attention in both negative and positive. Nevertheless, the topic that the minimum wage offers substantial benefits to low wage workers without any negative effects to business owners has a growing view among economists.
The minimum wage was, as it should be, a living wage, for working men and women ... who are attempting to provide for their families, feed and clothe their children, heat their homes, [and] pay their mortgages. The cost-of-living inflation adjustment since 1981 would put the minimum wage at $4.79 today, instead of the $4.25 it will reach on April 1, 1991. That is a measure of how far we have failed the test of fairness to the working poor.” (Burkhauser 1)
Understanding the basic concept of minimum wage is important for every single individual. We all live in this world together, and it is obvious that there is an order. In order to continue our lives and afford our basic needs, we all need to work and gain wealth. As the old adage says ‘‘There ain’t such a thing as a free lunch. ’’
Minimum wage is a topic that has been popping up since the 1980s. From whether we should lower it, or even raise it, but now in the 2000s minimum wage has been the center of attention more than ever. There are two sides to this topic of minimum wage; whether it creates more jobs or does not create jobs. Those who argue that raising minimum wage will create more jobs will have a rebuttal which is that it does not only cause the loss of jobs but that it would make things much worse and vice versa for those arguing raising minimum wage will cause loss of jobs. There will be two authors representing opposite views, Nicholas Johnson supporting minimum wage will not cost jobs with his article “ Evidence Shows Raising Minimum Wage Hasn’t Cost Jobs”
Many people against raising the minimum wage create arguments such as, “it will cause inflation”, or, “ it will result in job loss.” Not only are these arguments terribly untrue, they also cause a sense of panic towards the majority working-class. Since 1938, the federal minimum wage has been increased 22 times. For more than 75 years, real GDP per capita has consistently increased, even when the wage has been
Raising the minimum wage to $15 an hour has been extensively debated over the last year or so. Minimum wage is the undermost wage allowed by law to be given to an employee for their services. Introduced in 1939, its purpose was to stabilize the economy, which was healing from the Great Depression. Most importantly, it was designed to protect the health and welling-being of employees. Currently, the Federal Government 's minimum is $7.25 per hour ($14,500 per year). The ones in favor of the increase are saying that it used to be a living wage; however, now it is not and it now needs to be line with changes to the cost of living. In addition, an increase in minimum wage can increase the productivity and decrease income inequality and poverty. On the other spectrum, the ones who are against the increase are saying that the increased labor cost will drive up unemployment, affect small businesses negatively, and cause other workers from different
Minimum wage is a difficult number to decide on because it affects different income earning citizens in different ways. According to Principles of Microeconomics, by N. Gregory Mankiw, minimum wage is a law that establishes the lowest price for labor that and employer may pay (Mankiw 6-1b). Currently, the minimum wage in the United States is $7.25 per hour. For many years politicians and citizens have argued on what should be the minimum wage that would benefit the economy and society in general. A minimum wage was first established in 1938 to increase the standard of living of lower class workers. To discuss what is better for the country and its citizens, people have to understand what is a minimum wage and what are its effects.
A federal minimum wage was first set in 1938. The first minimum wage was just 25 cents an hour in 1938. Can you imagine surviving off of 25 cents an hour? Now just over 70 years later the federal minimum wage is now 7.25. The question at hand is the federal minimum wage enough to meet the minimum requirement for a good, happy and healthy life? Some states and cities say no. While a select few states and cities have mirrored the federal minimum wage of 7.25, some states have placed their state or city/county minimum wage marginally higher than the federal minimum wage. So why would some states prefer to have a higher level than required by the federal minimum wage when some state have decided to match or even go below the federal minimum wage level. The answer to this question lies within each state city and county and how they perceive the cost of living in the presiding area. Minimum wage needs a makeover in America despite some of the negative effects that may come along with it. This paper will explore the reasons behind federal and state minimum wages and why some of them differ among states counties and cities across America.
Educated Americans and researchers biggest concern is that their minimum wage proposal is going to negatively affect our economy. For example, they predict that their wage is part of the labor cycle and if it increases it will raise prices for customers. In Brian Jencunas article, he expresses that, “Virtually anyone can do these jobs with very little training. This means the supply of potential labor exceeds the demand, making sala...
Currently, in the United States, the federal minimum wage has been $7.25 for the past six years; however, in 1938 when it first became a law, it was only $0.25. In the United States the federal minimum wage has been raised 22 times since 1938 by a significant amount due to changes in the economy. Minimum wage was created to help America in poverty and consumer power purchasing, but studies have shown that minimum wage increases do not reduce poverty. By increasing the minimum wage, it “will lift some families out of poverty, while other low-skilled workers may lose their jobs, which reduces their income and drops their families into poverty” (Wilson 4). When increasing minimum wage low-skilled, workers living in poor families,
Linda Gorman. "Minimum Wages." The Concise Encyclopedia of Economics. 2008. Library of Economics and Liberty. Retrieved April 24, 2014 from the World Wide Web: http://www.econlib.org/library/Enc/MinimumWages.html
The minimum wage is a touchy subject in the United States. Many Americans wish for it to be raised, while others believe it should be done away with altogether. Proponents believe that raising the minimum wage will create a ripple effect that will see an increase in wages across the board, and in turn will stimulate the economy as people see increased buying power. Opponents, however, argue that raising the minimum wage will kill jobs, and that lowering or doing away with the minimum wage will result in significant job growth and do away with unemployment (Krugman). Currently, only 21 states have minimum wage laws that exceed the federal minimum. The other 29 sit at or below the Federal minimum (Minimum Wage Laws in the States). It is for these states, and the people in them, that it is important that we work together to raise the minimum wage to one that is fair for workers and their families.
The people, who are for raising the minimum wage, are people who think that the reason for poverty is because of the minimum wage not being high enough. The first standard minimum wage is formed under the "Fair Labor Standards Act of 1938, the nationwide minimum wage was designed to lift millions of American workers out of poverty and to stimulate the economy"(Wittner). Today the people that are in favor of raising minimum wage believe that there should be another "Fair Labor Standards Act" to raise the national minimum wage to ten dollars and seventy-fo...
On the other side of the argument Americans believe that with the increase of minimum wages it would help Americans out a lot more. One possible way that the increase in minimum wage may help an individual out is in the article Minimum wage Pros and Cons, “The Economic Policy Institute stated that a minimum wage increase from the current rate of $7.25 an hour to $10.10 would inject $22.1 billion net into the economy and create about 85,000 new jobs over a three-year phase-in period. Though this may be true, one problem