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Positive and negative effects of minimum wage
Effects of rising minimum wage
Positive and negative effects of minimum wage
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In the United States, there has been a big debate on minimum wage between the two main parties known as the democratic and republican parties. First of all, the main concern since 2009 is that the minimum wage has been of $9.00 dollars and many liberals and a few republicans believe that it should be raised to $15 dollars. In the last couple years, it has been argued that the minimum wage is not enough to meet ends meet in the United States. This topic regarding the raise of the minimum wage is important for a few reasons. First, democrats believe that the minimum wage today is no enough to help people with their bills, or to help them have a better life. Therefore, they want to raise the minimum wage to $15 dollars in order to help these people …show more content…
Many democratic politicians believe that low-income workers need to have a chance to a better life. First of all, supporters believe that raising will help not just low-income workers, but also will help poverty to decrease. According to the journal huff post it was stated that, “the state and local minimum wage proposals have gotten a major boost from the fast-food workers who have periodically gone on strike in increasing numbers (Jamieson, 2015).” Fast food restaurant have been the concern workers that believe their monthly check is not enough to support their families. On the other hand, republicans believe that raising the minimum wage will not help people financially. According to the journal The Fight Against 15 stated that, “minimum wage increase could be hazardous to your political health, and my guess is that opponents will prefer to dodge the issue than to engage it head on (Salam, 2015).” It will be a negative issue because raising the wage will make health expenses more expensive. The republicans strongly believe that increasing the wage will affect the lives of millions of vulnerable people in the United States. Another article stated, “republicans insisted that raising the federal minimum wage would hurt businesses and would not be a substantive step to addressing poverty (Lowery, 2014).” Overall, both of these parties …show more content…
It has been argued by the political parties that gun control is a controversial issue because allowing citizens own a gun can result in bad consequences. Hillary Clinton stated in the journal where the 2016 democratic candidates on gun laws that, “she will act on her own to close loopholes in the background check system that allows people to buy guns online or at gun shows without undergoing any scrutiny (Miller, 2015).” The democrats stand on a mores strict regulation in allowing guns to those with bad or good background checks. They believe that giving these people background checks will be more convenient, than just handling any gun at loopholes or gun shows with no scrutiny secure basis. These people need to be securely checked on any violations regarding the use of guns, if they have been incarcerated before and what they do for a living. On the other hand, the republicans believe that gun control is for the peoples own protection, but have their own arguments regarding gun control. According to the journal Republicans and gun control: a sad mantra states, “the problem is mental illness and not necessary gun registration or gun ownership (Cassidy, 2015).” The republicans believe that those shootings are coming from mental ill people. They agree that gun crimes can be analyzed more careful by not just ding
Imagine a world where you are working overtime, seven days a week, yet your kids are starving. You can’t get the education you need because you don’t have the time and money to afford it, and you can’t change jobs because this is the only one you can get. Unfortunately, this is the reality for millions of Americans living today. The federal minimum wage is too low to help families, and actually mathematically speaking, too low to survive on. The quality of life for minimum wage families is terribly low, and that is unacceptable. As humans, we should be looking after others and helping the poverty come out of their continuous cycle. Raising the minimum wage would not only help families be able to afford a better quality of life, but help them to afford healthy food, get an adequate education, and invest in the necessary health care they need.
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
Republicans believe that raising the minimum wage would be detrimental to the economy and that it would create more poverty and it would not create any jobs. Democrats differ from that because they think that raising the Federal minimum wage to 15 dollars an hour would reduce poverty and also have little to no effect on unemployment rates. Following the Democrats position on this issue would be better for America because it would have very low effects on employment and have tons of other benefits. Poverty would decrease and many premature deaths could be prevented if the Federal minimum wage was increased to 15 dollars an hour. Overall, with no negative effects on employment and many benefits, the Democrat position on raising the Federal minimum wage are best for the United States
The minimum wage must be raised because the cost of living has gone up considerably. Education is essential if one wishes to work, and the cost of education has increased drastically in the past twenty years. Companies should be requied to pay workers what they deserve, and that is more than minimum wage is now. With our new technology and the technology in the future work is harder and more complicated. A minimum wage increase would raise the wages of many workers and increase benefits to those disadvantaged workers.
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,
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...
Most people during their lifetime have worked for a company in which they received minimum wage, I know I have and I am only 19 years of age. Well in 2013, 3.3 million people of the American workforce made the minimum wage, and of that 3.3 million people, nearly fifty-five percent were adults over twenty-five years old working full-time. With the current minimum wage at $7.25, there is no doubt that it is not sufficient to support a family with that amount. Although many people and many industries believe that the minimum wage should be raised to as much as $15 per hour, raising it to that level may be extreme. Minnesota raised its state minimum wage from $8 per hour to $9 per hour for companies making over $500,000 annually, effecting more
For various people in the United States, life is no more than a steady work cycle. Members of working class usually have a High School diploma and may work in a low skilled occupation or manual labor. Most of the enjoying age of the people is spent making 8.25 to 10 dollars an hour, as they don’t want their new once to live a life they are struggling through. Coming to the point, this essay will argue that minimum wage should be increased federally to 15 dollars per hour by 2017 in the United States. Firstly, if taxes touches the sky, why should the minimum wage be on the ground? Increasing minimum wages would also create new opportunities for education as the students will have a good amount of cash working couple of hours. Likewise, a lot of couples won’t be working multiple jobs in order to manage the household. Lastly, this change in law it will lift a large amount of the people out of the poverty.
A $15 minimum wage will not supply Americans with the change they desire. We catch sight of homeless people on the streets and moms struggling to provide and cannot help to be inspired to lend out a hand and find a solution. The problem is that we need an efficient and non-detrimental way to help people who continue struggling to make ends meet. However, raising the minimum wage to the proposed $15 an hour will not fix the empty stomachs nor pay the unpaid rent. A $15 minimum wage will not work in America for the reason that it will affect further more than just the minimum wage workers, it forces businesses to create loopholes to avoid a downfall and it will change the way we perceive work.
The minimum wage being too low has been a public issue in America for generations. Basically, the debate includes two different opinions. Firstly, people who want to raise the minimum wage, and second, people who would rather is stay the same. The overwhelming majority of liberals are on the side that favors a raise. Additionally, a somewhat smaller proportion of conservatives favor the change as well, but for different reasons. The liberal opinion on raising the minimum wage is based on the idea that putting more money in the people’s pockets, will stimulate the economy, and decrease poverty. The problem that conservatives and liberals alike have with this, is that a few direct consequences are proven to apply when raising wages. Some proposed consequences include unemployment, inflation, and unfairness to higher educated people. Another main point is that raising the minimum wage is thought to helps small business by increasing worker satisfaction. This issue of minimum wage has become increasingly popular and important in current times, as president Obama has proposed the idea of raising the minimum wage of contract workers to 10.10$ per hour (about a 30% increase from the current 7.25$ per hour minimum wage). A large number of people consider this wage hike unnecessary due to the fact that today’s value of minimum is higher than it has ever been since the 80’s, and because the wage hike comes at too high of a cost. All things considered, the issue of raising minimum wage is not a battle of political parties and their agendas, its really a debate between everyone.
Today, the distance between the rich and the poor is significant. There are lots of people who live in modern houses, and they have more than what they need; meanwhile, more than thousands people are living on the street, and they are suffering. In fact, so many people died because the lack of food or nutrient. Numerous people work more than three jobs per day to support their families. Why did those things happen? . How do they live when their wage cannot afford enough food? Even though the economic is developing, the wage still stays the same for the poor and middle class. The current minimum wage is not enough for poor people to support their difficult lives. The minimum wage should be increased because it will help decrease the poverty portion, and it will also help with develop economic.
Minimum wage has been a workplace controversy for many, many years. Most people think that the minimum wage is too low. The majority of places that pay workers minimum wage is fast-food restaurants. This is because the fast-food restaurants are trying to turn as much profit as possible. With so many restaurants, places like McDonalds and Burger King must be able to pay for all costs and turn a large profit. So, by paying the employees minimum wage, they can turn the most profit out of their business.
What is minimum wage? Well for those who aren’t certain minimum wage is the lowest wage permitted by law or by a special agreement. Many individuals in our world today including myself are victims of these minimum wage jobs. I understand and know what it is like to work and feel as if you still can’t manage to keep within the means. Although have you ever wondered would it be like if minimum wage was raised? Can the people being paid minimum wage say they are actually being paid what they’re worth at their job? Most likely many individuals would say yes to actually getting paid more money at work. If a change was actually to be made in minimum wage there would be so many human beings that would benefit from this. For example, a raise in our minimum wage would really affect many families that struggle to survive day by day and our economy would also be affected in a big way.
The federal minimum wage currently in the United States is $7.25 an hour. Australia’s minimum wage is $16.88 an hour, Canada’s minimum wage is $9.75 an hour, and United Kingdom’s minimum wage is $9.83 an hour, the United States’ minimum wage in comparison is much lower. (Boesler) Living wages in America vary from state to state and county to county. ("Introduction to the Living...”) The range of living wages in Florida as a whole is $10.12 an hour for Broward County it is $11.72 an hour for just one adult. These living wages are higher then minimum wage by $2.87 for Florida, and $4.47for the county which means is for one adult living on minimum wage they will need government aid to be able to pay all their bills or get necessities. I believe that minimum wage should be raise to $10.00 an hour because it will help all
For the past three decades minimum wage has been seen to rise several times. Only helping some but more than anything harming most. So who are the ones feeling the effects? Certainly not the wealthy, it never is them, mainly it would be the working poor, unskilled and teenagers. Raising minimum wage would cripple the public even more than what it would actually help.