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Minimum Wage Persuasive Essay

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The United States economy is a huge economy and it is home to 320 million individuals and a 16 trillion dollar economy. With such an incredible monetary size, it is a shaky framework that can get out of hand easily. The innumerable factors that can change and totally alter that framework that all Americans work with today. These alterations can open up several paths for the U.S. economy, change individuals lives as well as lead the economy to dive downhill. Low-wage class laborers have raised their voice and keep on fighting for a raise of the standard of the minimum wage. Such protests that are started by many persevering individuals that are living off their week by week check and with no additional income left finished. The United States is encountering an exceedingly disputable subject that is, how does raising the minimum wage for low-salary laborers influence the economy's work, development and whereabouts? …show more content…

Measurements and information outline that if the minimum wage is expanded there will be more occupations created and in this way increment the work rate. Actually, "increasing the national minimum wage from $7.25 to $9.80 would result in a net increase in economic activity of approximately $25 billion and would generate approximately 100,000 new jobs" (Cooper and Hall, Poverty2014). Clearly, if there are more occupations made there will be more individuals earning cash. Which prompts all the more sending on goods and services. Additionally, the main contribution of more occupations, profit and spending will lead and direct the economy into the right way to build itself up over time. Huge imposing businesses like McDonalds and Walmart increases the wage of their staff however then goes and raises the cost of products and services, subsequently prompting no impact to the economy at

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This article was written by Thomas E. Perez, a democratic politician and the former secretary of the United States Department of Labor. He is a proud supporter of raising the minimum wage and his political party has nothing to do with his beliefs in this topic. President Donald Trump, is a republican and during his campaign he expressed the importance of raising minimum wage. In this article, Perez starts off by stating his opinion, “I don 't think a country as great as ours should pay people so little that they need help from the state just to survive.” He automatically sets the mood and lets the reader know what it is that he will be expressing throughout his article.

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567 Words | 3 Pages

A recent study involving three hundred fifty thousand small businesses and the IRS proved that by raising the minimum wage, proved that by raising the minimum wage in cities, actually created jobs (Meyerson A.19). The survey showed that the cities with a higher minimum wage had more jobs come to the area, aiding in job growth (Meyerson A.19). Another argument that leans toward the raising of the minimum wage involves people in poverty. Studies have shown that by raising the minimum wage, more people can live above the poverty line (Meyerson A.19). By raising the minimum over nine hundred thousand people would be

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630 Words | 3 Pages

This is because an increase in the minimum wage is based on improving the income and ultimately the lives of the lower class members of the community as far as salaries are concerned. However, these advocates rarely take time to investigate what the consequences of changing the minimum wage laws and policies (Sowell, 1). According to the fundamental economic principles, individuals are more

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876 Words | 4 Pages

In the last few years, the topic of the minimum wage has been a highly debatable subject. There are numerous perspectives regarding raising the minimum wage. “The concept of the minimum wage can be defined as the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period,” (ILO,2014). A few of the common disagreements are how unemployment rates will be affected, who will be most affected by a change, and what alternatives are available. In the article “Why the next president should raise the minimum wage” Roger Lowenstein argues that it is his belief that raising the minimum wage will benefit society by reducing unemployment rates and thus reducing the amount of the population living in poverty.

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733 Words | 3 Pages

Increasing the minimum wage only does positive growth because “...authors found little or no evidence of a negative association between minimum wages or employment”. ("How Does a Federal minimum Wage Hike Affect Aggregate Household Spending?”) Increasing the minimum wage will only cause positive growth in a topic of employment. Raising the

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971 Words | 4 Pages

Considering its role in setting remuneration standards, the minimum wage affects other factors of employment such as the availability of jobs and the citizens' purchasing ability. Therefore, it causes a decrease in employment to some extent and enhances the household, individual, and family income. The primary role of the federal minimum wage is to ensure that workers are not underpaid and that they are not exploited by their employees (Manzo, & Bruno, 2014). Actually, the determination of the

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636 Words | 3 Pages

Many politicians, business owners, and citizens hold fast to the belief that heightening the salary attached to minimum wage positions will yield negative benefits for our society. This opinion is supported by three vital view-points. The first can be found in the news article, “The Argument Against Raising Minimum Wage.” It expresses how the enlargement of this payment will take a toll on employment. The document reasons that if the amount of money employees earn is expanded, companies will be less likely to hire as many workers (Huppke).

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588 Words | 3 Pages

Minimum wage hikes have been a long debated issue amongst workers and companies. In the article “The Minimum Wage: to raise or not to raise”, Mike Patton invalidates many of these minimum wage workers by stating that there is ample room in the upper class for those who wish to improve themselves and their economic standing (2015). This implies that achieving economic success is simply a matter of self-motivation rather than an element of luck in working opportunities. Patton continues by stating that the majority of minimum wage earners are young individuals working at entry level jobs (2015). Additionally, the minimum wage was never meant to be a career salary but a starter income for those in the early stage of their work life (Patton 2015).

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558 Words | 3 Pages

Minimum Wage and Fifteen Dollars Minimum wage is a quite interesting topic on how it should be raised but not raised to much to where it’s to the point where someone flipping burgers gets paid more than someone that defends the person flipping burgers. Now it days there's more people working two minimum wage jobs to keep above the poverty line and keep a low standard of living. The idea of changing minimum wage to 8-9 dollars an hour is reasonable but when individuals ‘Fight for $15’ should be the fight for $8-9 because: creates unemployment, encourages teens to drop out, and hurts the poor. Creates Unemployment When the minimum wage reaches a peak of $15 it would raise the demand for jobs, creating less availability for jobs.

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1027 Words | 5 Pages

The bold movement gained national media attention, and has been raising the question, should we drastically increase the federal minimum wage in the United States? Many of the people who support the wage hope to make the change for several major benefits. A Post-Crescent Media article reported that families earning more than $7.25 but below $10.10 are barely above the poverty line, and could be lifted up as well. It also reported that there are 17 million workers who earn less than the suggested increase who would directly benefit from an increase to $10.10. Now a two to three dollar increase would surely be a much more universally accepted compromise, rather than the fifteen dollars an hour deal, but could still have lasting impacts on the job

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1231 Words | 5 Pages

When a tree falls in the forest, people wonder if it makes a noise because no one is there to hear it. When a low waged worker who can’t pay his or her bills at the end of the month is crying out of desperation for a change to happen, are they heard? Since 2009 minimum wage workers have been making only $7.25 an hour in the United States (Minimum). Young and old workers everywhere are trying to make it by on this little amount to stay afloat at a living standard cost that keeps rising every year. These workers comprise 59 percent of the U.S. workforce that work hourly waged jobs (Minimum).

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880 Words | 4 Pages

Minimum wage and poverty With everything going on with the Walmart workers picketing for fifteen dollars an hour wages, the topic is widely discussed with many people taking many different sides. The essay “Raising the Minimum wage will reduce poverty” By Sharon Parrott and Jason Furman, They go into how they think the minimum wage should be raised in order to decrease poverty in america, Of course there are reasons to raise it and reasons to not raise it. Yet with the multitude of reasons for and against it, it’s hard to make a decision that makes everybody content, Some of the reasons not to raise it include, Raising it can make prices for everyday items go up, Why go and spend thousands of dollars on college when you could get a decent job right out of high school, and Why let workers who work at unskilled jobs make as much if not more than the military. Some reasons for minimum wage raising is, The fact that the cost of living is higher means people can’t survive with minimum wage without federal care, And just helping people get back on their feet when they couldn’t find a job. The reasons Minimum wage shouldn’t be raised outweigh the reasons it should.

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659 Words | 3 Pages

Inflation affects everyday lives The cost of housing has gone up. The cost of goods have gone up. But the minimum wage hasn’t.

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1536 Words | 7 Pages

The argument that raising minimum wage will stimulate the economy in a positive way is based on the thinking that more money in the pockets of minimum wage workers, as well as anyone who experiences increased wages due to employers increasing their overall salary ladder, will in turn spend that money on items and services that pour back into the businesses that need to increase wages. The idea is that not only will more people be able to afford essentials, but they will have additional disposable income to spend. Argument Analysis Pro #2: Increased Availability of Jobs Argument

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945 Words | 4 Pages

Connected to my first thought it will definitely decrease job growth in small businesses or even lead them to be broke in the long run. Why? Because most of them may not be able to afford the new minimum wage at all, they will struggle paying their employees or earnings will drastically get reduced, putting more burdens on small staffs. Till now the minimum wage would only lead to fewer or not well paid jobs. Low paying jobs asking for low skills are most likely to weaken with a minimum wage, if product prices do not get

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