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Raising Minimum Wage Essay

539 Words3 Pages

Minimum Wage People all over the USA have very low income houses because of minimum wage. The average minimum wage in Kansas in only $8.25, and that’s not very much. But over the next two years the minimum wage should raise to $10. This should be happening to all the other states too because there are some states with lower wage than that too. I think that all the states should raise their minimum wage. There are people in America living in some of the bad neighborhoods in some areas. The only way they’re ever going to get out is if they have more money. The only way people are ever going to get out is if they had more money. I think that the minimum wage should be at least two dollars for every state. This should be able to support …show more content…

One of them is that it reduces the poverty rate. It would also reduce the government welfare spending, and this means that people in low income house joules would be less dependent on government assistance. So, the government wouldn't lose as much money. Another huge benefit is, if they increase the minimum wage would increase the order productivity. Therefore raising the minimum wage has tons of benefits. The minimum wage in states has gone from $3.10 in 1980s to an average $9.20. That's not a very big improvement considering the economy is changing every single day. But, only an average of $9.20 still isn't enough to provide families and buy houses. However, some states have different economics and things cost more in places like Florida and California rather than North Dakota. In North Carolina there was a bill passed to raise the minimum wage to $15 as early as Jan 1, 2022. That would help out more lower income people. But if the Minimum wage never changes then the low income houses couldn't support their kids and their grades would most definitely fail. There have been stories of people not surviving because of the lack of income in their families. Most of these families were on a minimum wage, maybe there's only a single parent supporting a whole entire

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We should raise minimum wage read below to find out why. In america their are 564,708 homeless people in we were to raise minimum wage to try and get rid of this amount of homeless people in america. Some people argue that raising minimum wage would make worker benefits be the first to go in america. This however is not true because these companies would be able to make more money because people would have more money and they can spend some on things they want. People would have a higher work morale because they would be able to make a lot more money than before so they would be more happy to work longer hours.

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"It's not acceptable," Holly Sklar, CEO of the advocacy group Business for a Fair Minimum Wage, said about the seven-year stretch at $7.25. "The whole point of the minimum wage is to have it go up regularly. It shouldn't sit still every year when the cost of living is going up. The minimum wage is losing value,"(Rodgers). With the minimum wage low and the inflation rates rising many people are struggling to afford the cost of living.

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. . The current value of the minimum wage in real dollars is at its lowest level since February 1956, when the lowest U.S. wage was 75 cents — the equivalent of $7.19 in June 2022 dollars” (Cerullo). The increase in the federal minimum wage and adjusting the price to compare with inflation would ensure that low-wage workers could adopt a standard of living that is equivalent to the current economy. The federal minimum wage should also be increased as it will allow minimum wage workers to afford basic living expenses. Currently, the minimum wage is not enough for people to afford housing and other necessities.

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This poses the question: “Is the current minimum wage a livable wage?” The answer, unfortunately, comes back negative. The current federal minimum wage, at $7.25, is worth nearly 38 percent less compared to 1968 when the federal minimum wage was valued at its highest ($11.72 in 2016 dollars). Given the facts, it is justifiable to raise the federal minimum wage as it would amount to a more livable wage, stimulate the economy, and provide better circumstances for workers of color and women.

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Another result of raising the minimum wage would be that other products’ price would increase. This may not affect your higher class, or your minimum wage workers. Although this will affect your middle class, because their wages will not increase while all of the other products will. These statistics are just one example of this, “If the minimum wage were increased to $15 an hour, prices at fast food restaurants would rise by an estimated 4.3 percent, according to a new study. That would mean a McDonald’s Big Mac, which currently goes for $3.99, would cost about 17 cents more, or $4.16”

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If it is hard for people to live why hasn't it been raised? The last raise of the minimum wage was in 2009 and it was raised to be 7.25 dollars an hour. That is the government's lowest but it also depends on the state and business you work in or for. Seattle raised their minimum wage to 15 dollars an hour.

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The government should raise the minimum wage in order to benefit the people who are underpaid daily, and raise people’s standards of living. “6.6 million people will benefit from a rise in the minimum wage.” -Russ Carnahan The minimum wage in the United States is $7.25 an hour. Often, that can be enough to provide for a lower class family, but often not.

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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: Poverty and Equality. A. Poverty In an attempt to decrease poverty level in the U.S, as it is a basic right to the citizens, some researchers pointed to the consequential benefits of raising the minimum wage, but, on the other hand, some add that this is not the solution and it would rather risk increasing the poverty rate in the U.S. due to many reasons. In a zoomed in argument in such vital controversial issue, Some proponents argue that by raising the minimum wage to $10.10, incomes for an estimated 12 million people now in poverty will raise, lifting 2 million families out of poverty.

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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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777 Words | 4 Pages

Many Louisianans argue that $7.25 an hour is not enough money to survive and because of this many are living below the poverty line. Earning such a low wage per hour is hindering many to be able to save to afford higher education and instead forcing them into depending on state/government assistance. Representative Bouie argues that $15.00 is not an ideal wage, it is a living wage. (REF 3) “The Case for Raising the Minimum Wage Keeps Getting Stronger” Minimum wage in North Dakota is $7.25 an hour.

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Introduction The income for minimum wage should be higher to be fairer to poor people and to fix the American money distribution system. In 2009 the top 1% of Americans has almost 3x more money than the bottom 80% of Americans (Inequaity.org). If the upper class were paid less and the lower class were paid more that would help fix the money distribution system. Wages and Salaries

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Now one can easily argue that increasing minimum wage can increase product cost. However, benefit of increasing minimum wage is far greater than that. We all know that middle class people spend most of their money for consumption. Therefore, if we give them more money than they will spend more as well. Furthermore, companies will make more profit and they will expand.

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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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Minimum wage Minimum wage in America is poverty it creates a wage lower than the living wage. It 's only backbone of support is social welfare and the affordable care act medicaid and obama care so people who have low wage paying jobs and minimum wage has to rely on taxpayers and the government to pay with their subsidizes, Because social welfare no longer becomes support but becomes a lifestyle. Minimum wage is set by the Department of labor, and fair labor standards act they set a minimum wage and a overtime pay. Why isn 't minimum wage raised to living wage or out of poverty level? Because if minimum wage goes up so does the prices of goods.

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