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Increasing Minimum Wage Essay

656 Words3 Pages

The Current Minimum Wage is Too Low

Increasing the minimum wage has been an issue that the government has not addressed since they increased it in 2009 (Procon.org). It has been 8 years since they have increased the minimum wage and year after year we, the people, ask to increase it. Increasing the minimum wage will impact many people in a positive way. The minimum wage should be increased because it will help get people out of poverty, improve school attendance , and make sure that minimum wage has kept up with inflation.
Increasing minimum wage will get people out of poverty. With the current minimum wage of $7.25 an hour, people would make $15,080 in a year if they worked full time. This puts someone over the poverty level of a one person household, which is $12,331, but would put someone who is a single parent under the poverty level,which is $16,337 (Procon.org). If the minimum wage was increased, the people that are in poverty would be lifted out of the poverty level. According to a 2014 Congressional Budget Office report, raising the minimum wage to $9 would get 300,000 people out of …show more content…

According to Procon.org, in 2014 a study showed that when California raised its minimum wage to $13 an hour would increase the income of 7.5 million families therefore lifting many families out of poverty. Kids that live in poverty are more likely to miss more school days than those that don’t (Procon.org. If more kids are able to go to school due to raising minimum wage, then the minimum wage should be raised. Another study by an Assistant Professor of Economic at the U.S. Military Academy at West Point showed that raising the minimum wage from the current minimum would lead to a 2-4 % decrease in dropout rates (Procon.org). Going to school and getting a high school diploma is an important achievement for many and if there was a chance to decrease the rate of kids that dropout of school then the government should do

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Pros And Cons Of Raising The Minimum Wage

1094 Words | 5 Pages

First, one main reason that the minimum wage should be raised is because the economy will prosper. “Economic Policy Institute stated that a minimum wage increase from the current rate of $7.25 an hour to $10.10 would inject $22.1 billion net into the economy and create about 85,000 new jobs over a three-year phase-in period” (ProCon). This quote shows that the economy will flourish from the increase of the minimum wage and that unemployment will decrease. Another quote that shows how raising the minimum wage will affect employment is “To the extent that through these contour effects it affords as much as 70 percent of the workforce greater purchasing power, it effectively increases aggregate demand for goods and services, which should ultimately lead to the creation of more jobs” (Challenger 19). Bryan Covert supports raising the minimum wage by

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Should Minimum Wage Be Raised Essay

407 Words | 2 Pages

Minimum wage should not be raised because it is not an income that someone sold live off of. Minimum wage in the country is currently $7.25 but some states have changed it in a way that is way too much. For example Washington state currently has the highest minimum wage at $9.32 that’s a $2.07 increase to the current amount minimum wage. Seattle is currently considering to raise their minimum wage to $15 it’s understandable that the city is very large and things cost more money but if they raise minimum wage to $15 that will only bring inflation causing things to cost only more money than it already does. If there is one thing that should not be done to the country it is to cause inflation.

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Persuasive Essay On Minimum Wage

623 Words | 3 Pages

The people who are against the increase of minimum wage often argues that it will harm young adolescents the most, and that they will need the experience of working at the minimum wage. It is significantly unfair with other states, such as California and Massachusetts. The minimum wage for these states gives other states a disadvantage in the economy. I feel that every state should have the same price range of minimum wage just to make every state feel that they are equally the same without any disadvantages. Raising the minimum wage is something that should’ve been done a long time ago.

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The Pros And Cons Of Raising Minimum Wage

2044 Words | 9 Pages

Raising the minimum wage will put people who do not have the best qualities, people who did not further their education the best they could, out of a job. Only the best are going to be hired with having to pay each employee more money (Weiner, 2014). Even though there are people out there who are not as educated as others, it is not fair that they cannot get a job because of that. Just because someone is more educated than another person, does not mean that they are a better worker. Being a great worker and learning the position that they are suppose to learn, will also help educate them and in the end, it is a win-win.

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Essay On Raising The Federal Minimum Wage

733 Words | 3 Pages

The federal minimum wage should be increased because raising it would increase the economic activity and spur job growth, decrease poverty, and also improvements in productivity and economic growth have outpaced increases in the minimum wage. Increases in job growth and economic activity will happen when the minimum wage is elevated. If the minimum wage was increased it will “inject 22.1 billion net into the economy and create about 85,000 new jobs over a three year period”. (“Raising the Federal minimum Wage to $10.10 Would Lift Wages for Millions and Provide a Modest Economic Boost") Thousands of new jobs will be created and it will put billions of dollars into the economy.

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1258 Words | 6 Pages

In fact: “Parents with two children working full time at the federal minimum wage of $7.25 an hour currently earn $4,700 below the poverty level.” (Olivia 1) Some family is a little better than that, they can feed their family, but it’s because that the children also going to work to help the family. No education, it will affect their future, but raising the worker’s wage will help, even just a little bit. Raising the wages can help these children to go to school, they might success in their life and they will benefit the country in the

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Raising Minimum Wage Essay

579 Words | 3 Pages

Minimum wage is a salary cap that hourly pay can not go below. The discussion of this topic is if it should be raised or kept the same. Minimum wage should be kept the same because people would lose their jobs, and as a result of raising minimum wage other products would go up as a result of this (“History” 1). One result of raising minimum wage is that people would lose jobs. This reason is pretty self explanatory, less jobs less income.

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Raise The Minimum Wage Essay

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The Minimum Wage should be increased to 15 dollars an hour. Many people work at minimum wage and cannot support themselves or their family. Some people live on the streets with 2 children and a minimum wage job. It is hard for them to get a better job because they cant pay for good clothes for interviews or to take a shower or for shampoo and body wash. It is hard for them because they only make about 10 dollars an hour.

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Raising Minimum Wage Essay

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In general minimum wage should not be raised, since are other factors that minimum wage to not be increased. To begin with, if the federal minimum wage were to increase, we would have to declare that the financial ability to buy products and services would be decreasing and the value of the dollar would increase. This also means that the standard of living would increase drastically, since the imposed taxes

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Raising Minimum Wage Essay

606 Words | 3 Pages

When it comes to minimum wage, I stand in between. After seeing the pros & cons of both views I have found I’m for either or. If the government raises minimum wage to $10.10 an hour or $15 an hour, there will be good outcomes as well as bad ones too. For example, people who are working non skill jobs will be able to have more spending cash. One point on the other side of the issue however is there will be more unemployment.

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Persuasive Essay On Minimum Wage

637 Words | 3 Pages

The minimum wage should be raised. No family, no matter the size, could live a healthy lifestyle being paid the minimum wage. When looking at minimum wage, the public needs to understand that we are putting families in danger of not being able to maintain a healthy family. “Someone working full-time at the federal minimum earns an annual paycheck of just $15,080-Which is under the poverty line for even a family of two” (Source 1). This research is showing any family working on the minimum wage is under the poverty line.

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Persuasive Essay On Minimum Wage

711 Words | 3 Pages

Since the Great Depression, there has been a minimum wage in America, but this minimum wage has changed 22 times since the Great Deprnbession. Many people say minimum wage should stay at $7.25 like it has been since 2009. Meanwhile, other people believe that minimum wage should be $15.00 so they can have more money to live comfortably. People think that a higher minimum wage will help, but it will hurt more people than it will help. If America makes the minimum wage $9.00, people will no longer be in poverty and it will make the economy balance out.

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Raising The Minimum Wage Essay

439 Words | 2 Pages

According to the Congressional Budget Office report on The Effects of a Minimum-Wage Increase on Employment and Family Income, increasing the minimum wage from $7.25 to $10.10 per hour will only reduce the number of people in poverty by 900,000, a relatively few portion of the 16.5 million people that would supposedly benefit from the raise. This is because of the number of minimum wage workers, relatively few are actually in poverty and of families who live in poverty, only about 7 percent have a full-time worker in the family meaning poverty is not because people are not being paid enough, it is because they are not working or not working enough. In addition, they argued that if raising the minimum wage would increase family income for many low-wage workers, moving some of them out of poverty. It would cause a risk in a probable elimination of some jobs for low-wage workers and the income of those workers would fall substantially, again causing

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Persuasive Essay On Minimum Wage

440 Words | 2 Pages

I think minimum wage should increase because it’ll help people dig out of poverty, help themselves and their families, and make a better living for them. Poverty today in the U.S. is very common; millions are in hardship. 44.7 million citizens were very poor in 2014. No money earned means no food to buy. 1 in 6 people face hunger.

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Increase Minimum Wage Essay

607 Words | 3 Pages

There are a lot of potential benefits for an increase in minimum wage and on the surface it’s hard to see why you wouldn’t want to increase the wage. One of the clearest to see is that an increase to the minimum wage will also increase the spending for each household during the following years. So it works to help stimulate the economy in whatever area you increase the minimum wage. Along those same lines increasing the minimum wage will lead to a decrease in poverty as well. With the decrease in poverty you will also see a decrease in government spending on welfare items because the individuals receiving the higher wage in theory will be able to pay for these services/welfare items without assistance.

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