An adult supporting themselves on minimum wage is hard enough, but to support a family as well can send a person plummeting below the poverty line. The set minimum wage of $7.25 is not the minimum wage we think it is. Minimum wage workers are not just teenagers taking your orders at a fast food restaurant, they are people of any and all ages trying to earn enough money to put bread on the table. The causes of the inflation of minimum wage are a conglomerate of selfish political leaders, lack of legal binding, and the recent recession. The solution to the increasing percentage of Americans living below the poverty line due to the low value minimum is raising the minimum wage back to its 1968 counterpart.
It’s fairly common to meet a self centered politician, but to have an entire congress that only looks out for themselves is ridiculous. Because congress is so preoccupied with the fortune 500 companies lining their pockets, they have lost touch with the majority of the Americans who voted them into office. In 1968 the real value of minimum wage was at its peak, with a value of ...
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- Majority of those who live in poverty do not have jobs because they are not accessible or those jobs do not pay enough. In America majority of states have a minimum wage of 8 dollars an hour. If one works 40 hours a week and earns this wage, their monthly income would reach roughly $1,280 before tax. These wages, as seen in Edin and Shaefer’s book, are not enough for families to live on. Jennifer, a mother interviewed by Edin and Shaefer, faces problems of inability to pay for food, shelter and clothes for her kids.... [tags: Minimum wage, Wage, Wealth, Employment]
1165 words (3.3 pages)
- Nowadays, any parent with children could not sustain a decent life working at $7.25 an hour. However, it is the individual’s skills, determination, and education which determinates to whether that individual would have a low-income job or not. The minimum wage is the first steps of any person who begins climbing toward the top of the economic ladder obtaining experience, knowledge, and motivation in the process. Nowadays, groups and unions of employees are demanding an increase to the minimum wage.... [tags: Minimum wage, Unemployment, Employment, Wage]
1875 words (5.4 pages)
- Can a person with two children live from a minimum wage job. The answer is obvious as it looks. No person with kids could live from $7.25 an hour. However, it is the individual’s choice to whether stay in such low-income job as many years he wants or stay for a short period of time to get the experience, knowledge, and motivation to find for a better paid job. That is how a person begins to climb from the bottom of the economic ladder towards a better job moving the economy of the country. Nowadays, groups and unions of restaurant employees are demanding a raise of the minimum wages.... [tags: Minimum wage, Unemployment, Wage, Employment]
1895 words (5.4 pages)
- Minimum wage is the lowest amount of money an employer is allowed to pay their employees hourly by law. This enactment has been a part of our country for many years. Raising the federal minimum wage has been a great controversy among our nation for a while now. There are many factors that contribute to this matter positively and negatively. Many times we think that more money means more prosperity, but is that necessarily precise. Looking back at the history of minimum wage over the years, who is affected, and what the probabilities of such change today, can help further understand the importance of this action to our country.... [tags: Minimum wage, Wage, Employment]
1219 words (3.5 pages)
- What is minimum wage, and why should it not be increased. Per Dictionary.com, Minimum wage is the lowest wage payable to employees in general or to designated employees as fixed by law or by a union agreement. Minimum wage should not be increased past the equilibrium of the economy for many reasons. If increased, numerous complications will arise. For starters, due to inflation employers will begin to lose customers, causing them to raise the prices of their product. Moreover, employers are more likely to reduce the amount of employees they have, as well as the amount of hours their current employees work.... [tags: Minimum wage, Wage, Employment]
1146 words (3.3 pages)
- Raising the Federal Minimum Wage As most Americans know, the federal minimum wage is an hourly wage rate that is set by Congress. In 2014, there was a strong push by congressional Democrats to raise the federal minimum wage to $10.10. While this did not happen in 2014, politicians, businesses, and individuals continue to work to try to raise the minimum wage. With such a controversial policy still on the table, assessing all sides of this debate remains important. The decision to increase our federal $7.25 minimum wage is not a choice any American would wish Congress to make haphazardly.... [tags: Minimum wage, Wage, Supply and demand, Employment]
1393 words (4 pages)
- Raising the minimum wage would have too many negative ripple effects theoretically and realistically. In 2016, online activity for the phrase increased minimum wage reached its second highest point per Google Trends. Politically, socially, and economically minimum wage has both opponents and proponents scratching their heads. Two parties are clear split on the topic and University students should clear stand on one side if they truly care about everyone’s long term goals. Minimum wage should not be increased at the federal level because it rids the taught principles, tarnishes the purpose of having a minimum wage, and due its negative effects on both the present and future.... [tags: Minimum wage, Employment, Wage, Supply and demand]
1325 words (3.8 pages)
- The Debate Over Minimum Wage Introduction: The Clinton Administration served notice in 1993 that it intended to seek an increase in the federal minimum wage. Liberal politicians applauded the new president, agreeing that an increase was overdue and deserved. However, their conservative counterparts lamented the policy proposal, fearful that a minimum wage hike would further unsettle the economic recovery that was underway at the time. Both liberals and conservatives began to marshal their statistical forces to support the long held claims concerning the positive and negative consequences of a minimum wage increase.... [tags: Economics Argumentative Persuasive Essays]
7668 words (21.9 pages)
- Employee Compensation Introduction With human resource management becoming the most comprehensive subject when it comes to the management of people in organizations, it is imperative to reiterate the importance of worker compensation in the confines of managing labor. The chief purpose of this term paper is to analyze the Soergel (1) report on the state of employee compensation in the U.S. Based on the report that was presented by the Labor Department of the United States; there were not changes in the patterns of employee compensation in the country.... [tags: Employment, Wage, Minimum wage]
1727 words (4.9 pages)
- Introduction Over the past quarter century there has been a growing body of support for the importance of understanding the relationship between poor living conditions and ill-health. These conditions have been referred to as the social determinants of health. There has been a strong push amongst policy makers to study the non-medical determinants of health as opposed to the traditional narrow way of thinking with regards to medical treatments or lifestyle choices (Mikkonen, Raphael 2010). Income and income distribution is thought to be the most important of the social determinants of health because it further influences other social determinants of health for example, low-income families a... [tags: Social Issues, Minimum Wage]
2076 words (5.9 pages)