Minimum Wage Should Not Be Raised

Good Essays
Can fifteen dollars an hour really help you for the long term? Raising minimum wage is the governments way of not having people apply for welfare. There are so my factors to raising minimum wage and seemingly the government is trying to cover those factors but as the years go on not all “acts” will stick and follow through. Minimum wage is not a career income and if the acts do last, fifteen dollars gives off the idea of not having an education all right to go by to the teenagers and young adults and that living off minimum wage is satisfactory. Businesses are forces to abide by these laws without any guarantee of business stability. Consumer goods will rise making cost of living higher also. Minimum wage has been around since 1938 and has since rose dramatically over the last eight decades (ProCon.org). Minimum wage should not be raised to fifteen dollars an hour because the youth would have more trouble finding jobs, small businesses that …show more content…
Consumer goods go up every year, making cost of living go up every year also. This does not help with moderate income families and are only aimed at families who have low income. Since goods go up every year, and if minimum wage reaches fifteen dollars an hour, people who are paid above minimum wage already, will also fight to have their pay increased also to meet costs of living. As some people fight for fifteen dollars an hour, this bill may not necessarily be the best for the economy. Even if the economy stays the same as it is now, does not necessarily mean that people will stop applying for welfare. Raising minimum wage will cause more inflation in the United States and will be more of a problem for business owners and people of the middle class. Jobs are still hard to come by for some and if businesses have to pay employees fifteen dollars an hour can actually result in job shortages. Making it harder for even people older than twenty-five to get a

Related Documents

  • Decent Essays

    People should not be able to feed a family off minimum wage. Some people think that raising the minimum wage to fifteen dollars an hour is a good idea. But the raise in the minimum wage would cause a domino effect that would do a good amount of harm. The raise would cause an increase in other wages and the prices of merchandise. With these being increased there would be no change in what people can afford to buy.…

    • 986 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    If companies have the choice to pay their worker more or to move the company they will more than likely to outsource their companies. There is a growing concern that increasing the minimum wage would result in more businesses outsourcing their jobs overseas where workers are paid much less than $4 an hour let alone $10. People fear that if the companies are forced to pay workers more than $10 and hour, companies will ship jobs overseas for lower overheads costs than pay more for workers here. “As well-paying manufacturing jobs have left America, low skill workers have turned to low paying service jobs, filling the roles that used to be filled by teenagers and high school dropouts. The majority of new jobs created now are in the service sector.…

    • 1843 Words
    • 8 Pages
    Decent Essays
  • Decent Essays

    Raising minimum wage will not get rid of poverty. In the article, ¨The pros and cons of raising minimum wage,¨ the author claims that when minimum wage goes up, business owners will only raise prices of the items they supply (Hirby). This will not help poverty because if prices go up the poor will still not be able to pay the for the supplies. Also, it would be harder for families to pay for bills and necessities for their family if they are paying more for items. So, if minimum wage is raised to $15 it will not cure…

    • 441 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    Although most Americans are in favor of the federal minimum wage increase to $15 an hour, they must understand that the increase will cause drop outs in education and cause high-skilled workers to go to lower-skilled jobs and is not beneficial to our economy, employers, nor to the people in poverty. First off, the minimum…

    • 2038 Words
    • 9 Pages
    Decent Essays
  • Decent Essays

    Minimum Wage Madness

    • 1272 Words
    • 6 Pages

    The question against raising the minimum wage is simple and direct. A higher wage makes it more costly for businesses and companies to hire workers (Rugless). Depending on where America stands economically, adding five-hundred thousand people to the unemployment rolls could slow down or even stop growth and maybe pushes us toward an economic recession, causing additional layoffs and pay cuts. How big of an effect does this wage spike have on the job market? Economists argue over this, but no one argues that boosting the minimum wage expands the number of unemployed workers who find jobs.…

    • 1272 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    This basically means that the majority of the workers don 't benefit from the wage increase while they deal with the higher prices due to inflation. This results in less expendable income for most of Americans, damaging growth and the economy. With a higher minimum wage, it can also shorten a company’s manpower. In 2014, workers in the fast food industry in the U.S. were demanding a wage of fifteen dollars an hour, or about double of what they were earning currently. If their request was granted, that employee at that certain company would have been earning more than thirty thousand dollars per annum.…

    • 1327 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    One important issue is that if the minimum wage does increase, then thousands of small business owners would go out of business as they simply cannot stay open with prices rising. DOL states that “3 out of 5 small business owners with employees support a gradual increase in the minimum wage.”(Minimum Wage). This means that the small business are for an increase, but not right away. They want to slowly work up to 12 dollars and if passed then they would try to work up to 15 dollars an hour. Other factors that have shown to be good for increasing minimum wage is employee turnover will be low.…

    • 1049 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    “Raising the minimum wage to $15 per hour is not the way to get wages up in this country. In fact, it would cause perhaps as many as a million people to lose their jobs” (Trugman) Most people will only see their paychecks go up and not the people in their workplace disappear. They would be greedy if they would rather have more cash for themselves, then a million people getting no paycheck at all. “Raising the salary of some and making or keeping half a million unemployed is not a win for the economy, and it’s not a win for the American worker.” (Trugman) No one would be winning by getting paid more. Everything would go up in prices and the amount of people working would go down making everything so uneven and not what the people want.…

    • 1031 Words
    • 5 Pages
    Decent Essays
  • Decent Essays

    Many people may ask the question would raising the minimum wage reduce poverty? The answer is no, since there are big factors that go into play when a wage increase happens. There are a lot of low wage workers that are put under the poverty line which does effect the families that are in that area where they may not be able to make ends meet with their current wages. Whenever the minimum wage limit seems to increase, inflation seems to catch up and it ends up not making a difference. The minimum wage increase will not help people in poverty since it will cause employers adjusting their employee job hours, making entry level jobs harder to find, and is making prices rise.…

    • 1463 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    People may believe that businesses have a wide range of money to supply a good amount of money however this is certainly not the case for the small businesses. This legislation means that small businesses and franchises would not be able to keep up with the minimum wage and will therefore raise the prices. Imagine a small, local florist who doesn’t own so much. If he or she employs 2 workers he or she will have to pay $1212.80 totally in a week, excluding his or her own expenses which are far too high for such a small business to cope. Therefore the florist will raise the prices of his or her plants.…

    • 698 Words
    • 3 Pages
    Decent Essays

Related Topics