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Raising Minimum Wage Debate

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“It may fit on a bumper sticker. But that does not make it a good idea. (Kitroeff A.1)” Our country is full of debates on what is right and what is not, but raising the minimum wage should not have to be debated upon. Raising the minimum wage is seen as a typical liberal idea, while keeping it the same is seen as conservative. This topic should not be a conservative versus liberal debate, it should be more of what is right for the country. This is a touchy subject, but through statistics and simple economic knowledge it is evident that raising the minimum wage does more harm than good for the United States. Seattle tried to raise the minimum wage in April of 2015 and so far it has not succeeded in being beneficial. Employees have had to cut …show more content…

With the increase in minimum wage it will increase the price for simple consumer goods like bread and milk ("Seattle Wins 'Fight for $15,' but Low-Skill Workers Lose." A.7). Typically, simple consumer goods are run by grocery stores and convenience stores. Those stores usually do not pay their employees a little more than minimum wage, but not the $10.25 that people are wanting. If this does happen then the stores will cover the new expenses by raising the prices of their goods. Raising the minimum wage just increases inflation. Just simply raising the minimum wage is like what Germany did after World War I. To pay off their debt they just printed off a bunch of money, but what they did not realize is that the value of their money dropped. Just raising the minimum wage is not going to magically help the United States economy. Raising the minimum wage also decreases employees work ethic and the use of incentives ("Seattle Wins 'Fight for $15,' but Low-Skill Workers Lose." A.7). If the minimum wage is raised then many companies will no longer be able to use a raise to promote their work ethic because they will no longer be able to afford the raise. Also, many people are working hard to get to $10.25 an hour, and if you just give that to them in the snap of a finger they will just coast through the rest of their lives because they know that they cannot be

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A pro of raising minimum wage could be that their would be reduced government welfare spending meaning more money for important things like our army. We would be able to build more schools and get everyone an education with all the extra money. With reduced government spending we would be able to put more money into food stamps so that less rich people would be able to supply more food to the house. Government welfare supplies things such as medicaid meaning

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Today’s minimum of $7.25 an hour is worth 25 percent less than the minimum in the late 1960s. From research, a full-time, minimum-wage worker earns about $15,000 per year, which is below the federal poverty line for a worker with just one child. We need to raise the minimum wage to the point where the lowest-paid worker can afford their basic needs, such as food and other necessities. An increase to $10.00 an hour as proposed by President Barack Obama would actually reinstate the wage factor to the same value it had back in the 1960s. In doing so, it would lift earnings for nearly 28 million workers nationwide roughly 1 in 5 U.S. workers.

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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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One reason that raising minimum wage would help the economy is that it gives a change in income. Generally, an increase in income increases the demand for goods at all prices. If a worker has more money due to a raise

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Don’t Raise the Minimum Wage: If we were to raise the federal minimum wage we would experience an assortment of problems afterward. We would see obstacles such as people staying at the minimum for the rest of their lives, elimination of the amount of jobs that are at minimum wage, and it could have a slight economic inflation on business’s products. Imagine if you come home after work, heavy knowing you had to tell your family that you were laid off. You were all excited because there was going to be a higher wage, but in order to pay for all the other workers they had to cut from yours. With a higher minimum wage this could be a familiar occurrence.

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If one does not have a skill to make more than minimum wage, they should focus on acquiring one. This country needs to focus on recreating a supply and demand economy, which it prospered off of at one point. Once people start earning the wage they deserve, the employers would adjust the prices of all goods accordingly and remove the pointless inflation caused by minimum wage. This would drastically reduce the living wage, improve the economy, and start giving people the motivation to make our country great

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Minimum wage is inhumane and should be raised in order for the U.S to reduce poverty rates and help our economy grow. If there is lower poverty rate that most likely means a better economy for the U.S. Also if the minimum wage is raised employees with low incomes and minimum wage jobs would be able to feed and provide the simple necessities for their families . Raising the minimum wage will reduce poverty in the U.S making it a better country to live in. If the minimum wage is raised it would really help out workers working for this wage provide for their families and pay their bills which can be hard sometimes to some minimum wage workers.

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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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