Essay On Raising Minimum Wage

Though there are many Americans who believe an upsurge in the minimum wage is a constructive step for the federal government to initialize, the most recent wage push could result in some very harmful effects. President Obama stated in September 2014, “An increase in the minimum wage will boost income for the poorest workers without the danger of creating more unemployment.” Is this statement about an increase in minimum wage really as accurate as people believe? To break down the argument about whether minimum wage is a good or bad thing, let’s take a look at the two very distinct sides of the debate. The push for a minimum wage raise is a major issue in the world of economics and politics. Political figures often place their targets on the

Supporters of raising the minimum wage are using the argument that education is essential if one wishes to work, and the cost of education has increased drastically in the past twenty years. The cost of education is a lot more today than it was many years ago. A college education is crucial in today's world. Children cannot better themselves if their parents cannot afford their education. Thus leading to inadequate education of children as well as adults in college. Some children have to rely on themselves to pay for college. They are unable to attend, because they can’t afford it on their part-time minimum wage job. Supporters argue that if the minimum wage was increased, many people would be allowed the prospect for a better education for themselves and their children. In the future you are going need a college degree to do almost anything. As technology gets better and more advanced the people are going to have to understand and learn more. Some businesses need educated people so desperately that they are willing to pay for their worker to go to college. As the demand for and educated worker gets higher so does the price of education. In order for the average person to go to college they need more than a minimum wage job