Saturday, May 16, 2020
Raise The Minimum Wage - 2088 Words
Raise The Minimum Wage When there are millions of Americans living at or below poverty lines, something has to be done. Billion dollar companies and businesses that employ workers, paying them low wages is hurting the economy. The reality is, unless the minimum wage is raised, the cycle will only continue. With higher minimum wages in place, the entire country does better and, therefore, should be raised. There needs to be laws put place to raise the minimum wage. Doing so would boost the economy with all of the money that Americans would put into it. With higher minimum wages, millions of Americans can get out of poverty, not having to rely on the government for assistance such as food stamps, public housing, child care, and health care needs. They can afford better housing options in which they want to live. Communities would see less crimes in neighborhoods creating a safer environment. Aside from that, Americans can afford a good education, health care, as well as healthier eating and exercising habits . The minimum wage of today is not enough for Americans to live off. Nevertheless, obtaining two and three jobs to survive occurs to often and should not be consider a way to live in the United States. Workers of today making minimum wage simply do not earn enough to live off. As a result, they depend on the government to stay afloat. They apply for food stamps in order to buy food each month. Most or on some kind of public housing assistance, because they areShow MoreRelatedIf Minimum Wage Raise Up945 Words à |à 4 PagesIf Minimum Wage Raise up In many cases in the U.S. people are suffering from the very low hourly wages. According to David Cooper: ââ¬Å"As wages go down, the percentage of workers relying on public assistance gets higher: 60 percent of workers earning less than $7.42ââ¬âonly slightly higher than the $7.25 federal minimum wageââ¬âreceive some form of means-tested public assistance.â⬠Because the minimum wage is so low, many people are forced into programs, such as Medicaid, food stamps and the Earned IncomeRead MoreMinimum Wage Raise in Seattle800 Words à |à 4 PagesMinimum Wage Raise in Seattle After the protest in New York City, the issue of raising the minimum wage has come up once again. Seattle is spearheading this cause with a proposal of raising the minimum wage to $15 per hour. This will help minimum wage workers a great deal by increasing their income. However, there are concern that this move could hurt certain businesses, which can lead to higher unemployment and contraction of the economy. The ethical issue surfaced as this will benefit some atRead More We Should NOT Raise the Minimum Wage1171 Words à |à 5 Pages What would be so bad about raising minimum wage? Before other states jump on the $15 minimum-wage bandwagon, they might want to look at whats happening in Massachusetts ââ¬â one of two states with a $10-an-hour minimum wage. Massachusetts increased the minimum wage from $8 to $9 at the start of 2015 and to $10 on the first day of 2016. The state is now mired in its longest stretch of net job losses since the recession in both the retail and the leisure and hospitality sectors, Labor DepartmentRead MoreShould Congress Raise The Minimum Wage?721 Words à |à 3 PagesSomers Econ 201 10 February 2017 Article Summary 1 Should Congress Raise the Minimum Wage Many states, including Oregon, has been considering a raise in the minimum wage. A raise of the minimum wage can cause job cuts or raise in product prices, but a rising number of economist have come to the conclusion that there is quite a considerable room of raise that cities can do without affecting the unemployment rate. Raising the minimum wage can ease the lives of many people. It can even cause an economicRead MoreWe Need to Raise Minimum Wage Essay541 Words à |à 3 PagesA bill increasing the current minimum wage is greatly needed, and our government officials should demand a raise due to the increase in the cost of living, as itââ¬â¢s no longer realistic. We need higher paying wages for all, middle and lower class income levels. Without some sort of help and support from our government the economy will only get worse. Students will not be able to afford the cost of school and living. Single family households will not be able to support their selves. Some argueRead MoreCongress Should Raise The Federal Minimum Wage1042 Words à |à 5 PagesMany Americans agree that Congress should raise the federal minimum wage, but do individuals truly know the effects of increasing the minimum wage to $15? Some people only look at the comprehensive view of seeking a higher salary, but the increase can cause many negative, as well as positive, effects. Several economists from across the country have done extensive research over the topic of the minimum wage increase, and many differing opinions have formed. The effects can vary from person to personRead MoreWhy The Government Should Raise The Minimum Wage1699 Words à |à 7 Pagesshould raise the minimum wage has been challenged for many years and it is crucial to deliberate the ethical facets of such a conundrum. Research and economic texts have reported over many years that it is perhaps very difficult to The belief that a company should hire and compensate people situated on their worth is not only good for business, but also for the employee, since being able to freely trade value for value is in the best interest of an employee. In an economy where minimum wage is notRead MoreWhy we should raise the minimum wage1202 Words à |à 5 Pagesthe majority of Americans. Many Americans who have worked on minimum wages are struggling to live on a salary that is below the poverty threshold. In 2012, the U.S census posted that in a family of three; their income is 18,552, (U.S Census). In most case, one member of the family is working on a minimum wage salary which is below 18,552, (U.S. Dept. of Labor). It has been almost a five years since congress has raised the minimum wage (Huff Post). Throughout my argument, I will share my thoughtsRead MoreEssay Should Congress Raise Minimum Wage?614 Words à |à 3 PagesShould Congress Raise Minimum Wage? As our federal government debates the idea to raise the minimum wage, there are several interesting questions that occur. Most importantly, should we raise the minimum wage? I believe it is a bad idea to raise the minimum wage from $7.25 per hour up to $10.10 or more in a short period of time. I will explain why raising minimum wage radically would kill jobs and hurt our economy. The main reason raising the minimum wage radically would kill the economy is theRead MoreEssay on We Must Raise the Minimum Wage1615 Words à |à 7 Pages Minimum wage is the lowest wage an employer can pay their employees. There is a Federal minimum wage and in some cases a State Minimum wage. The current Federal minimum wage is $7.25. An employee who makes $7.25 an hour and works 40 hours a week, will earn about $14,000 per year. The Federal government deemed that the poverty line is anyone who makes less than $17,000 a year (ââ¬Å"Federal Minimumâ⬠). Therefore anyone that makes minimum wage lives below the poverty line. As president Obama
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