The Benefits Of Raising Minimum Wage

A minimum wage is an hourly wage rate that is set by law. The current minimum wage in the United States is seven dollars and twenty-five cents, although some states and local governments have higher minimum wage for their workers. Minimum wage laws are a way to ensure people that they will make enough to be able to support themselves and families (“Minimum Wage” 1). There are a lot of controversy and debate in the world today over minimum wage whether to raise the national amount of the wage or not. The raising of minimum wage would be detrimental to the economy. In the United States fifty-nine percent of workers earn minimum wage (“Minimum Wage” 2). That is over half the citizens in the United States, which means, raising minimum wage would affect over half of America. It would not just affect the people of the United States; it would affect the businesses, business owners, and families of the minimum wage employees. Raising minimum wage would eventually affect everyone in the United States and our economy. It would

The raising of minimum wage only benefits workers earning the higher wage. Raising minimum wage also reduces the lower wage worker’s hours (Sherk 2). Sherk says, “The majority of poor Americans do no work at all for any wage, so raising the minimum wage does not help them” (Sherk 2). In all reality the statement that “raising minimum wage will help the poor” is extraneous. Even if you were to get payed a higher minimum wage, raising the wage will also raise other expenses in America. That would still leave the ‘poor’ in the same situation that they are in. Raising minimum wage would also cause other families to go in debt, because if they are making a constant amount of income and taxes increases or their bills become higher because of the increase they will lose money causing them to become