Minimum wage is the biggest debate that United States has to go through throughout the last century. But recently our leaders are having arguments on weather or not we should raise the minimum wage for hard working people. Oklahoma's Gov. Mary Fallin is having to the answer the question to raise the state's minimum wage higher than it is recently at with $7.25. There are many concerns that owners of businesses have about if the government is going to raise the minimum wage. As of 2014 Gov. Mary Fallin signed into a law a bill that would banned cities within Oklahoma from creating a mandatory minimum wage and employees benefits. The minimum wage issue is a microeconomics issue because it mainly effects a single individual of a household, a group of consumers, and businesses.
According to United States Department of Labor the State of Oklahoma is under the states with minimum wage rates that same as the federal. Oklahoma has employers of ten or more full time employees at any one location and employers with annual gross sales over $100,000 irrespective of number of full time employees with the basic minimum rate of $7.25 and $2.00 for all other employers (U.S. Department of Labor). When I was younger I used to work at a grocery store stocking up items for future customers to shop for. At that time the minimum wage was $5.85. At the time I was living at home and didn't have to deal with bills. So I was thinking to myself I can make a living with this paycheck because of my living cost wasn't high. But as I work through the months Under the Oklahoma Minimum Wage Act the minimum wage will be raised from $5.85 to $6.55 per hour as of July 24, 2008. Then one year later the minimum wage was raised to $6.55 to $7.25 per hour and that wou...
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...T - Oklahoma Governor Signs Bill Blocking Minimum Wage Increase." JURIST - Oklahoma Governor Signs Bill Blocking Minimum Wage Increase. JURIST Legal News, 16 Apr. 2014. Web. 18 Apr. 2014.
Franklin, Dallas. "'That Is Disappointing,' State Leaders Split over Bill That Bans Cities from Setting Their Own Minimum Wage." KFORcom. KFOR, 16 Apr. 2014. Web. 18 Apr. 2014.
Querry, K. "Study: Minimum Wage Workers Have to Work How Many Hours to Afford Okla. Apartment?" KFORcom. KFOR, 5 Mar. 2014. Web. 18 Apr. 2014.
In this essay, the author
- Explains that the minimum wage is the biggest debate in the united states, but oklahoma's gov. mary fallin is having to raise it higher than it is recently at with $7.25.
- Explains that oklahoma is under the states with minimum wage rates that same as the federal.
- Opines that a bill to raise the minimum wage once every two years would allow people to have greater economic opportunities than if they were to stay the same for years.
- Opines that the state leaders split over a bill that bans cities from setting.
- Explains that minimum wage workers have to work how many hours to afford okla.
- Argues that raising the minimum wage once every other year would prevent businesses from employing highly skilled workers.
- Describes the minimum wage laws in the states, wage and hour division (whd) - u.s. department of labor.
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- opinionated
- analytical
- Persuasive Essay On Minimum Wageopinionated essayThere has been a lot of talk in the newspaper, political speeches, online and even on the news about how minimum wage should be higher. The minimum wage starts at $7.25-$9.15 depending on what state you live in. A lot of people can’t live on this type of salary and afford to feed their family. Society has felt the increase cost of living and a lot of middle class with no education have a lot of financial difficulties. States say how they are creating jobs, but nothing has been done for those that start out on minimum wage. Wendy Morrison who wrote “Raise the Wage” states that “The decline of Historical Consensus states that there was a substantial divide between public opinion and opinion with the economics profession on minimum wage.” She
In this essay, the author
- Explains that the minimum wage is $7.25-$9.15 depending on where you live. the decline of historical consensus states that there was a substantial divide between public opinion and opinion with the economics profession.
- Opines that everyone compares targeted policies like the earned income tax credit, and different programs for the low income, but if you look at things a different way, put more effort into how to higher wages and still live comfortable.
- Opines that raising the minimum wage is a key strategy for getting the economy moving again and trying to help all the working families make ends meet.
- Opines that raising the minimum wage would be good for our economy, but it also reduces turnover, cuts the costs that low-road employers impose on taxpayers, and pushes businesses toward success.
- Explains that living on minimum wage can be hard for those who don't have a higher education or only have certain type of trade that they only know.
- Opines that raising the minimum wage will help the nation, especially the low-income wage worker, since the state and federal government take taxes out of their paychecks.
- Opines that the fair labor standards act doesn't realize that employees surviving at minimum wage are the same people who have to rely on government programs to support themselves and their families.
- Opines that raising the minimum wage would reduce poverty and work in tandem with other poverty-reducing programs to promote income mobility from the bottom up.
1961 wordsRead More - The Minimum Wage Must Be Raisedanalytical essayPoverty 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.
In this essay, the author
- Opines that congress must act to meet the needs of its constituents by strengthening families and increasing the minimum wage.
- Argues that raising the federal minimum wage would contribute to a recession because businesses would be less likely to hire new employees.
- Argues that the minimum wage is a vital step in decreasing poverty and giving every family the opportunity to survive and succeed.
- Argues that large corporations exploit the poor by not paying them livable wages in order to increase the corporation’s profits.
2107 wordsRead More - Minimum Wage : Raised Or Remain The Same?analytical essayAll around there are people who argue about minimum wage. There are people who argue that the rate per hour should be raised. There are also people who argue that the rate per hour should be lowered. There are also people who argue the rate per hour is fine how it is and that it should stay the same. Should the rate really be raised, or should it instead be lowered? Why should the rate be raised, or why should it be lowered? What will happen if we lower the rate of minimum wage or what will happen if we raise the rate of minimum wage? What are minimum wage jobs anyway, or what is minimum wage? Minimum wage is the lowest amount of money per hour that an employer can pay their employees. In the United States, the federal rate of minimum wage is $7.25 an hour. Since this specific rate was set for every state in the United States, several of the states have raised their rate of minimum wage. Ohio is one of those several states to have changed their rate of minimum wage. At the moment, in the year 2015, the rate of minimum wage is $8.10 an hour. If the rate in Ohio is already above federal rate, why should it need to be changed anymore? The rate of minimum wage should not be raised; it should instead stay at the same rate. These jobs are not professional jobs, they are only starter jobs, if the rate of minimum wage is raised it will hurt people while trying to help others, also if the rate is raised above $8.10 an hour the surrounding states will be affected.
In this essay, the author
- Argues that the minimum wage should not be raised or lowered, since it is the lowest amount of money per hour that an employer can pay their employees.
- Explains that minimum wage jobs aren't starter jobs, and that a high school education is not required to work for them. higher paying jobs require different levels of education and skill.
- Opines that raising minimum wage jobs will not help everyone, but what happens to other families who aren't going to benefit from the raise of rates?
- Argues that minimum-wage increases kill jobs, while social movements like fight for 15 demand a higher minimum wage to raise the living standards of these workers.
- Argues that raising the minimum wage above the already high rate employment rates will drop by.3%. the congressional budget office found out that if wage rates were raised any higher, the employment rate would not increase at all.
- Explains that the majority of people have minimum wage jobs as side jobs to have a little extra money, but these are not jobs you are supposed to be able to live off of.
- Explains that raising the minimum wage hurts people, but it also affects the surrounding states, such as michigan, indiana, kentucky, west virginia, and pennsylvania.
- Opines that people have the right to voice their opinions whether they are right or wrong. they argue that the rate of minimum wage should be raised higher than it already is.
- Argues that raising minimum wage would help people, but it would also hurt others. if the rate were to be lowered people would be hurt by the loss in money.
1796 wordsRead More - Minimum Wageopinionated essayA while ago I was told by my parents that I got a call from (my now boss), Donald Makepeace, asking if I was still interested in a job. We played phone tag for the longest tag, but finally I was hired at the local Dairy Queen. My parents originally said that I was supposed to contribute some money to help pay for insurance, gas ,and ect. After, seeing how much money I brought back week after week, they ignored that request. The truth of the matter is, it’s hard to live on a minimum wage job. In fact, many individuals must have at least two jobs to keep the bills meet. So, President Obama is trying to get Congress to pass an increase in the minimum wage. However, Congress refuses to raise the minimum wage. I agree with Congress, that we should not raise the minimum wage because these jobs are mainly for high school students and more people wouldn’t be able to hire people.
In this essay, the author
- Argues that an increase in wages for employees would lead to higher costs of living for the society or even the business going out of business.
- Explains that nelp claims that jobs would be created by the increase in minimum wages, but a price increase and not hiring people would result in jobs.
- Opines that an increase in minimum wage would cause a tremendous amount of problems and it wouldn't fix many/any.
- Opines that it's hard to live on a minimum wage job because many individuals must have at least two jobs to keep the bills meet.
- Opines that raising the minimum wage isn't a free lunch, and that it's no help or harm.
656 wordsRead More - The Minimum Wage Must Be Increasedanalytical essayIn the 2014 State of the Union address, President Obama called on Congress to raise the national minimum wage from $7.25 to $10.10 an hour, and soon after signed an Executive Order to raise the minimum wage to $10.10 for the individuals working on new federal service contracts. An increase in the minimum wage has been a topic of discussion for many years now, and it looks like this year will finally see the first increase of minimum wage in 10 years. Not everyone agrees that there should be an increase, but many states have already raised their minimum wage rates because of the federal government’s inaction. Iowa raised the state’s wage, and it will rise again in 2016. Clearly there are benefits to a higher minimum wage; the current minimum wage in the United States should be raised because it helps the economy by increasing employment, and it is now at the lowest value it has been in more than 50 years, causing hardship for earners of minimum wage.
In this essay, the author
- Opines that raising the minimum wage helps families make ends meet. if you believe you could work full-time and support a family on less than $15,000, go try it.
- Explains that president obama called on congress to raise the national minimum wage from $7.25 to $10.10 an hour.
- Argues that raising minimum wage increases unemployment, especially for unskilled workers, and harms small businesses, including grocery stores and restaurants.
- Explains that the employment rate has improved in years of an increase in minimum wage to account for the depreciation value of the dollar.
- Analyzes how batra proves that an increase in minimum wage, as long as it is not faster than the rise in prices, will not adversely affect the businesses' profits.
- Explains how the mcdonald's franchise owner hires a teenage cook to make ten hamburgers per hour, and their hourly profit from hiring the cook is $3.
- Explains that as long as minimum wage does not increase faster than the rate of inflation, there will not be a decline in the business’s real profit.
- Explains that batra proved that increasing the minimum wage, so long as it does not surpass the rate of inflation, will not harm small businesses nor increase unemployment.
- Analyzes how the economic policy institute's data indicates the real value of the minimum wage, adjusted for inflation, has been declining since its highest point in 1968.
- Analyzes barbara ehrenreich's experiences living paycheck to paycheck, as minimum wage earners do, in her book, nickel and dimed: on (not) getting by in america.
- Explains that the economic policy institute recently reviewed dozens of studies of what constitutes a "living wage" and came up with an average figure of $30,000 per year for one adult and two children, which amounts to $14 an hour.
- Opines that a moderate increase in the federal minimum wage would have little impact on the national economy.
- Opines that a higher minimum wage would stimulate consumption by putting more money in the hands of low-income people who spend their entire paychecks.
- Argues that the minimum wage should be increased in the united states. it does not create unemployment, as many believe, and it helps improve the standard of living for individuals earning minimum wages.
- Analyzes how greenspan's fraud: how two decades of his policies have undermined the global economy.
- Cites chasanov, amy, ehrenreich, barbara, katel, peter, and kale. the value of the minimum wage.
1491 wordsRead More - The Minimum Wage Debateanalytical essayMinimum wage has obviously changed over the decades. From $0.25 in 1938 to currently $7.25 for all covered, nonexempt workers since 2009. In the reasonable eye, one would think working in a job that only allows them to receive minimum wage will be motivation to go back to school and get a better paying job. But what if minimum wage increased? Making the average minimum wage amount $9.00 to even $10.00? The average amount of minimum wage in some states will increase starting January 4, 2014. In advanced; this is going to cause controversy between the people and governors of the states that passed this particular bill.
In this essay, the author
- Compares the views of president obama and james galbraith on raising the minimum wage with those of congressmen young.
- Opines that the minimum wage has increased tremendously over the past decades. president obama's request to raise it would be a good or bad decision.
- Analyzes how the minimum wage has changed over the years, from $0.25 in 1938 to $7.25 for all covered, nonexempt workers since 2009.
- Analyzes how congressman fear mongers on minimum wage: ‘you guys wanna pay $20 for a hamburger?
710 wordsRead More - Minimum Wage Workersanalytical essayWho are these workers that makes minimum wage? According to the official Bureau of Labor Statistics 3.3 million are making at or below the federal minimum wage of $7.25. Among 3.3 are split into two main categories. The first category is those who are making the exact federal minimum wage which accounts for 1.5 million workers. The second category is those who are making below the federal minimum wage which accounts for 1.8 million workers. The second category includes tipped workers, full time students, and disabled workers. Majority of which are tipped workers and regardless of how much tips they received, they will at least make the federal minimum wage. About 50 percent of the minimum wage earners are under the age of 25; 20 percent of which are at teenagers between the ages of 16 to 19. Of the 3.3 million workers making at or below federal minimum wage, 1.5 million of whom are employed through the food and service related industry. The other 1.8 million are employed through industries such as sales, services, transportation, building, office and more. Those 3.3 million workers earning at or below minimum wage account for 4.3% of 75.9 million total hourly paid US workers. Those who make at or below federal minimum wage, in terms of education among the total hourly paid workers: 10 percent earned less than a high school diploma, 4 percent who earned a high school diploma, and 2 percent who are college graduates. In terms of ethnicity: 5 percent are Black, 4 percent are White and/or Hispanic, and 3 percent are Asian. Majority of those making federal minimum wage resides at Idaho and Tennessee (BLS 1).
In this essay, the author
- Explains that 3.3 million workers are making at or below the federal minimum wage of $7.25. they are divided into two main categories: tipped workers, full-time students, and disabled workers.
- Explains that many people assume the federal minimum wage is mostly made up of teenagers because of the bls data.
- Argues that if wages correlated to productivity, the minimum wage would be set at $18.67 per hour.
- Argues that increasing the federal minimum wage would increase economic activity by $22.1 billion over the phase-in period.
- Argues that an increase in minimum wage is costing taxpayers $7 billion per year on public assistance programs.
- Argues that increasing the minimum wage would cause more unemployment, and that it would increase the cost of goods and services.
- Argues that if the federal minimum wage worked, why not set it to $100 per hour?
- Analyzes cooper, david, and dan essrow's article, "low-wage workers are older than you think."
- Describes the federal minimum wage rates under the fair labor standards act, 1938.
- Analyzes how fast-food workers are costing the u.s. $7 billion a year in public aid.
1823 wordsRead More - Minimum Wage is The Bare Minimumanalytical essayMinimum Wage: The Bare Minimum "They work hard every day; they stock our store shelves, wash dishes at our restaurants, clean our offices at night, care for our kids during the day... They have in common the minimum wage. And they need a raise, and as you saw, they deserve a raise" (Clinton). President Clinton made this speech on the south lawn of the White House at 10:30 a.m. on the 8th of March 2000. He argued for the minimum wage hike to go into effect.
In this essay, the author
- Analyzes the positives and negatives of raising the minimum wage and giving the working poor a pay-raise.
- Opines that it is better to listen to the ethics of america, and not to what the experts say, because they may not always be correct in their predictions.
- Analyzes golway, terry, "life in the 90's." increases in minimum wage are socially and economically beneficial.
- Analyzes lehman, joseph g., "minimum wage hurts teenagers and minorities," mackinac center for public policy.
- Explains that president clinton argued for the minimum wage hike to go into effect on the south lawn of the white house at 10:30 a.m.
1026 wordsRead More - America Needs a Higher Minimum Wageanalytical essayNearly fifty million Americans live in poverty, and a vital reason is the diminishing value of the minimum wage. First established during the Great Depression, under the Roosevelt Administration, the federal minimum wage was designed to lift millions of American workers out of poverty. Unfortunately, it was has not developed to cope with today’s rising inflation and modern increasing standard of living cost. Since its inception , the nation wide minimum wages has risen from twenty-five cents to seven dollars and twenty-five cents per hour. Despite the increases, inflation has diminished its value returning held in 1968 . Today these would require an increase to nearly ten dollars per hour. As a result, over the past forty years, the purchasing power of the minimum wage has fallen sharply. A major consequence is that increasing numbers of workers and their families live in utter destitution. The annual salary of a full-time American worker employed is $15,080 less than the official federal government poverty level for a family of two. Desperate workers in low wage establishments, such as Wal-Mart, McDonald's, Taco Bell, and Jack in the Box, began taking matters into their own hands,. Over the past several months workers have begun staging strikes, demanding higher wages. This past year workers across the country staged walkouts at nearly 1,000 fast-food restaurants, convenient stores and malls in more than fifty cities, demanding fifteen dollars per hour. Minimum wage is the lowest wage that employers are allowed to pay, determined by contract or by law. The Department of Labor significant input to adjust these numbers, but it is ultimately Congress that sets the amount. Texas has the second highest population per state but is r...
In this essay, the author
- Explains the diminishing value of the federal minimum wage, which was established during the great depression under the roosevelt administration.
- Analyzes how the minimum wage affects employment and worker confidence, and argues that a more in-depth understanding is needed of the effects on the common american household.
- Concludes that age, gender, education, and income are all factors that influence individuals when it comes to the income gap.
- Analyzes the impact of minimum wage on all ages groups, tax brackets, and gender.
897 wordsRead More - The Effect of Minimum Wage on Taxpayersanalytical essayAccording to the United State Department of Labor, the effective date of the Federal Minimum Wage Rates under the Fair Labor Standards Act was October 24, 1938 which started at $0.25 per hour and rose as the years go by. According to the bureau of labor statistics, as of today the percentage of minimum wage earners is said to be 64% earning at or below the minimum wage; also, 63% works in restaurants, bars, retail stores and so on. Also, according to the bureau of labor statistics in 2013, out of the 143,929,000 people that are employed in the United States, 52.8% or 75,948,000 are paid at an hourly wage and 3,300,000 or 4.4% of the 75,948,000 earned at or below the minimum wage. 2,099,000 of those who worked at or below the minimum age are 29 years old or younger which is far from being enough to live comfortably with; also, leaves them unable to cover the necessity need of life. A full time minimum wage worker earns about $15,000 and some change a year which is far from being enough for a family with more than one person. More women are earning minimum wage at an hourly rate than men.
In this essay, the author
- Explains that the federal minimum wage rates under the fair labor standards act started at $0.25 per hour and rose as the years went by.
- Opines that the companies paying minimum wage should be responsible instead of tax payers picking up the tab for them. wal-mart, the nation's largest employer, employs 2 million people worldwide.
- Argues that minimum wage should be for people who are just starting out in the workforce.
- States that minimum wage earners account for 4.3 percent of hourly paid workers in 2013.
842 wordsRead More