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The Pros And Cons Of Raising Minimum Wage

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The $15 minimum wage impact

Apparently the Manitoba decided to increase their minimum wage to $15 on February 1st. we found out that the effects of raising this minimum wage by small amount, such as a dollar or cents are not that very large for the people wages. when minimum wage increase raises the food prices going up and increase income will increase spending as well. that the government making a huge change. A decision of the government will going to affect me and how we will react to it, that's it because reality of it is how many vote do you think agree and to have to influence, over think about it? most of people influence over how many votes no its more than one it's more than one you have influence over spouse.

the current call is for national $15 an hour minimum wage, more than double the current 7.25 wage before. An number of places like cities and states are already having it including …show more content…

first of all why we shouldn’t raises the minimum wage well In the companies with a budget to pay employee, an increase to the minimum wage would be result in layoffs or not hiring people and the worst part some people lose their jobs. Plus the increase to the minimum wage would lead to incentive for employers to invest in technology, and machinery to increase productivity rather than human resources which is not really good because the real people need job will lose their opportunity. When minimum wage might be result a increase of the high school dropout rate. Why? The students will think that it was a pretty good wage that they don’t have to study to have more money if the minimum is pretty amount for them. But These is some reasons maybe we should increase the minimum wage. like if it increase the minimum wage it will definitely raises the standard of living for people too in this country. Plus graduated student will increases in the minimum wage but they have a low impact on

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The minimum wage should not increase because it would lead to Layoffs, less jobs, and Inflation. Among other things these things should be major driving factors to not raising the minimum wage. There are pros to raising it but the cons far outweigh them and over the course of this you will learn about them. The first con to raising minimum wage is layoffs, having to pay workers higher wages could lead employers to rethink the employees they have hired which could lead to many employees who had made the cut before suddenly not meet the requirements for that job.

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Many families have to have strict budgets due to only making minimum wage. The minimum wage is not enough money for most people, in fact, most of the people that make minimum wage, work multiple jobs, leading them to overwork themselves constantly. Increasing the minimum wage has been a major argument for quite some time. Some people argue that the minimum wage should be raised to help benefit workers and reduce poverty. They also believe that raising the minimum wage would input more money into the economy, allowing it to strive.

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Americans can all agree that America is struggling to keep unemployment rates low. If the government raised the minimum wage to $10.10, a projected 85,000 jobs will be created in the next three years. Along with the increase of minimum wage, everyone will be making more money, otherwise known as wage inflation. If the minimum wage goes up three dollars, people who make more than minimum wage will get more money to compensate for employees that make minimum wage. The modern economy is far too ahead of the measly $7.25 minimum wage workers make.

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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.

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