Bernie Sanders: Raising The Minimum Wage

Bernie Sanders is a Democratic candidate that is running for President of the United States. He was elected to the U.S. Senate after 16 years as Vermont’s only congressman in the House of Representatives. Bernie Sanders is a unique individual that comes from a Jewish family, mostly appeals to the young crowd, and primarily supports the middle and low working classes. But now faces a new challenge as Bernie Sanders is new blood when it comes to presidential election in that he is a self-proclaimed democratic socialist who might be scary to some Americans, America being a largely capitalist nation and some of his ideas might even be frightening to people with crazy notions. If Bernie Sander were to be elected, he would raise the minimum wage …show more content…
This increase in the minimum wage would create a more productive and happier workforce which would help companies have much more loyal and efficient employees with a large amount of experience behind them. This was proven with the research of raising minimum wage to $15 in Los Angeles. Looking just at the stimulus effects in Los Angeles, the added income that workers would receive from a $15 minimum wage would generate an estimated $9.2 billion in annual sales in Los Angeles County, and these increased sales would in turn create an estimated 64,700 new jobs in the county to meet the increased demand for goods and services. Concluding the increase in minimum wage would improve the economy. Some people say that increasing the minimum wage would increase prices, which might be true but prices will only increase marginally and people should be able to afford it anyway with the wage increase. Along with helping mothers and fathers of the working class who really need money to support their families, most people working in the fast food industry are college student who are working to pay for their college debts. By increasing the wage, it would not only help people who need to support families but help students get out of debt quicker, creating more jobs in STEM fields and advancing technology. However …show more content…
A single payer system is one where a single public body holds the funds used to finance healthcare, in this case it would be the state. Families would save $6,000 per year from medical bills which would help families with financial stability in the event that one gets really sick. In addition, hospitals, pharmacies and insurance companies would have savings of 12 percent just for having free health care. Employers who offer this insurance would save more than $9,000 per employee for not having to pay insurance for employees because of the free healthcare. Free health care would result in the reduction of the price of generic drugs, because the government would be paying for some of the cost of those drugs. But consequently, the taxes for U.S. would soar by 8.5%. Some people say this would lead citizens to spend more money for products, which would lead the economy down the wrong path. Regardless, Bernie Sanders is running on a platform that he will provide free public college tuition for students who will attend college. This would certainly result in more high school graduates attending college and high school graduates that normally couldn’t even dream of going to college would have a huge opportunity to get a higher education. This is what the education system needs for more

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