Raise The Minimum Wage Essay

In the United States, the minimum wage is currently $7.25. Over the past 30 years congress has attempted to pass a bill to raise the minimum wage three times. Some people argue that it would improve the quality of life, but it would be at the businesses expense. The current federal minimum wage should be raised. The current wage is not enough to support a person or a family because of inflation the minimum wage is not what it should be at according to ALF-CIO. It would be $18.42 if it matched the inflation rate. For a worker that works 40 hours per week and 52 weeks per year they only make $15,080. According to ALF-CIO “[0 is] The number of states where a minimum wage working person can afford a one-bedroom apartment working a 40-hour week—without paying more than 30% of their income”. The national

One way this large group of Americans supports themselves is government support. If the minimum rage was raised, millions of people would be able to support themselves and not rely on the government, saving the United States millions of dollars each year. Also a boost in the minimum wage would put a lot of money back into the economy. As employees are able to spend more, more money travels through the economy. A minimum wage hike would increase the economic activity. In such a situation, an increase to $10.10 over a three-year period, would release $22.1 billion into the economy according to procon.org. Some people say that a raise in the minimum wage would put more people in poverty. According to a report done by the 2014 Congressional Budget Office, “if the minimum wage was increased to $9.00, 300,000 people would get out of poverty”.That same report found that if the minimum wage was raised to $10.10, 900,000 people would get out of poverty. The federal set minimum wage should be raised. A raise would help many people and the economy as a whole. Procon.org said “The Congressional Budget Office projected