Weather or not to increase minimum wage is currently a hot topic. Some feel that minimum wage should be increased while others say no. Minimum wage is the lowest wage payable to employees. Minimum wage should not be increased because if it is a lot of current minimum wage workers will be forced out of their jobs and could possibly lose everything.
“The minimum wage makes it illegal for workers to have a job paying less than the minimum wage, and it keeps employers from hiring anyone for less than the legal minimum wage even if people are willing to work for less. If the current minimum wage for low-skilled workers is $7.25 per hour, and Congress mandates a minimum wage of $9 per hour, workers who earn less than that will not remain employed or be hired. In the long run, as businesses switch to labor-saving methods of production, more low-skilled jobs will become useless. In anticipation of a $9-per-hour minimum wage, small businesses are already planning to switch to automated equipment, self-service and new software to save money because low skilled workers will have to be paid more. More jobs will be created for skilled workers but will destroy jobs for low-skilled workers. Politicians promise workers $9 per hour, but that promise can not be kept if employers fire or don’t hire workers who low skilled. Most importantly, if low skilled workers lose their jobs or can’t find jobs making minimum wage, their actual income will be zero.” (James A. Dorn). So if minimum wage is increased the job market could be destroyed for those in the lower class and for the unskilled workforce. “Evidence shows that when the minimum wage is increased there will be less jobs and a more unemployment especially in the long run. If a person ...
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... minimum, and 73 percent of Americans support raising the minimum wage. It’s time for Congress to act.” (James A. Dorn).
At first I felt that the minimum wage should have been left alone. However, with my finding of new evidence i found that an increase in minimum wage could greatly help the economy grow. If things stay the same it could take ages for things to improve. truth be told no one will ever truly know what is going to happen. America just needs to take a leap of faith and hope for the best. Should the minimum wage be increased? Yes, The minimum wage should be increased because recent evidence shows that with the increase of minimum wage the economy will grow more rapidly and in the long run will benefit everyone.
Dorn, James A., and David Cooper. “Should the Federal Minimum Wage Be Raised?” U.S. News Digital Weekly 5.18 (2013): 14–14. Print.
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