Essay on Benefits Of Raising Minimum Wage

1133 Words Dec 17th, 2015 5 Pages
Minimum wage is a hot topic in the United States currently, and both sides are equally important. Making sure that people living here are above the poverty line is necessary, but keeping the nation from going bankrupt is also crucial. The positives to raising minimum wage are financial security for families, less worker exploitation and under employment, and it would reduce crime significantly.
More than 45 million people in the United States alone, are below the poverty line, which means families are being torn apart and constantly under stress about when their next meal will be or if they will still have a home by tomorrow. According to Sarah Shemkus, an economic articles author, financial security for families will lead to a ripple effect. This ripple effect goes many different directions. The first direction it goes is that the more financial security a family has, the more money they can spend, thus creating more jobs. In other words, the more money a person makes, the more they will spend. The second ripple effect to take place will be the offspring of those who are now making more. More than 1/4 of the women who work in the minimum wage range, are single mothers. Providing these families with their necessities only makes a better and brighter future for the mother but a better and brighter future for the child. The healthier the future, the more the child will help this nation 's economy. Raising the minimum wage helps these women and their families to better succeed…

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