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Discuss the argument of raising minimum wage
Discuss the argument of raising minimum wage
Raising minimum wage positive effects
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In the article, “Minimum Wage Hikes Hurt Low-Income Workers,” Jame Sherk debates how an increase in the minimum wage would impact workers and corporations. Sherk builds his argument by first explaining the recent history of an increasing minimum wage and how much it has risen. Following, he argues why it would hurt businesses and low-income workers. Lastly, after illustrating the consequences, he offers statistical evidence to support his claim and to prove to the reader why the hike would only hurt both businesses and low-income workers. Sherk’s use of evidence and explanation offers a strong argument and a clear stance.
In theory, raising the minimum wage would lessen America’s dependence on such benefits. If workers are making more money, Hanauer says that workers are spending more, and increasing the demand for more workers as opposed to cutting jobs. Hanauer closes his essay by telling the reader to see the economy as Henry Ford did; an effective economy is one that works for all not just part of the country. ANALYSIS: After reading Nicolas Hanauer’s essay on raising the minimum wage to $15 an hour, I take an affirmative stance on this issue. The main reason for siding with Hanauer is that he is thinking about how many people can get an upper hand with a wage increase.
The minimum wage in Virginia should be increased to reflect the cost of living within the State. The number of working poor are increasing. There are minimum wage jobs available throughout the state, however earned wages are not sufficient to allow for a manageable quality of life. The current minimum wage in Virginia is $7.25 per hour, in keeping with the Federal Minimum Wage rate of the same amount.
Almost all articles, for or against the raise, agree that as long as the poverty line is not adjusted, then state and federal services that low-income workers were previously using would decrease. This means that the money that is no longer being distributed in food stamps or other services can be returned to Washington, D.C. and be redistributed. Economists say that raising the Federal minimum wage to $9 will restore the dollar to its real value (The President’s Plan). And indexing the minimum wage would ensure that working families keep up with inflation.
,” it states that a lower minimum wage for teens would open the door for them to gain more work experience. This work can help them learn career skills and valuable life lessons. Once they have work under their belt, they can move on to bigger jobs. With the unemployment rate higher than ever, it is hard for teens to keep work. With lower rates for teens it gives them a higher chance of keeping their jobs.
Because the cost of living has welkin rocketed, it has become virtually infeasible to raise a family on a minimum wage job. A person living on his or her own cannot survive on minimum wage job either. Their living expense would just be exorbitant. The earnings of minimum wage workers are crucial to their families salubrity. Evidence from 2013 and 2014 minimum wage increase shows that an average minimum wage worker brings home more than a moiety of his or her family 's weekly earnings.
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.
In conclusion, I found that those working a minimum wage job did not apply for the job because it was a desirable one, but because it gave them an opportunity to start small and work their way into a higher corporation. Although the stereotypes held about people working minimum wage jobs are bad, this study can show people that these workers are taking advantage of the opportunities available to them to
A minimum wage increase from “$7.25 to $10.10 would result in a loss of 500,000 jobs”. ("The Effects of Minimum-Wage Increase on Employment and Family Income”) This claim is better because it shows how raising the minimum wage will decrease job growth instead of increasing it. But, the minimum wage should be increased because increasing will also increase economic activity and spur job growth, decrease poverty, and improvements in productivity and economic growth have outpaced increases in the minimum
Can people really live off of minimum wage? What do the upper class think about minimum wage people? Do they even care about people who are living in poverty and struggling to survive in this society? In Georgia the minimum wage is $7.25 an hour.
If they were to raise minimum wage their life would be so much easier , other families can benefit from this too. The government needs to raise minimum wage. If parents are getting underpaid how are they supposed to support their family. “High school kids were getting underpaid” (Patricia 1). They’re so easy to convince.
How Raising Minimum Wages Will Affect Us In an article written by Wesley Coopersmith, Minimum wage: more harm that good, of Americans for prosperity, published on December 19, 2013, Coppersmith argues what problems could happen if the minimum wage is raised to $15 an hour. Coppersmith starts off by saying that President Obama called for an increase in minimum wages to help people who are struggling in the United States, but Coppersmith does not seem like he agrees with that because of what other harm it could possibly cause. He says that raising minimum wages may cause unemployment, that it will hurt those who are less skilled, and that if minimum wages increase then the price of our necessities will also increase. Coopersmith’s argument
U.S Minimum Wage One of the most frequent topics discussed in our country is U.S. minimum wage and whether it should be raised or not. Minimum wage should be raised so that it can change the structure of our economy in a beneficial way. There are many debates discussing the pros and cons of raising minimum wage. There are many pros that out way the cons in why minimum wage in the United States should be raised. Throughout this paper I’m going to provide facts regarding why minimum wage should be raised.
In 2013, Fox News’ Fox & Friends, Fox Business correspondent Nicole Petallides has her own opinion about how raising the minimum wage will affect people. Nicole states, “As you continue to raise the minimum wage, which was $5.15 back in 2007, so it really has grown exponentially, we’ve had on the Fox Business Network, small business owners, franchise owners, who talk about the fact that they just won’t be hiring as much that if they go from $7.25 up to $9, then the nine-dollar employees are going to say hey, how come the inexperienced young worker is making what I’m making and I want a raise, too (Fox News, Fox & Friends Petallides). There are different feelings about raising the minimum wage or lowering it. CEPR: Minimum Wage Workers “Older and Better Educated Than Ever” stated, in an April 2012 report, the Center for Economic and Policy Research revealed that from 1979 to 2011 the share of low-wage workers with some college education increased from 19.5 percent to 33.3 percent.
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).
