An Increase In Minimum Wage Does More Harm Than Good
Over the years, more adults have been trying to live off of the minimum wage. They use their income to pay rent, utilities, medical, and food bills with little to no extra income to save or spend freely. These employees become angry that the positions they hold do not provide them with enough money to live off of or how they do not have extra money to save for retirement. These workers want to increase the minimum wage to a livable wage so that they can reach financial stability. However, these jobs are not meant for adults, but for teens to make a quick buck. The money is intended for teenagers to be able to use when they want to purchase a want rather than a need. Adults should learn to …show more content…
If people can live a good life with enough money for financial stability, than most people would find a job that does not require much effort from them. Americans are lazy and would rather take the shortcut and just slide by in life. Having a higher paid wage will: “...damage their drive for self-betterment…” (3 Pros and Cons). Young students will not go through the extra trouble and debt that exists while attending college if they can make a living while working at an easy job such as at a fast food restaurant: “Youth will not push themselves to pursuit [sec] their interests and make a change in the world or find their passions when it is easier to do minimal work” (3 Pros and Cons). One of the toughest challenges businesses face is encouraging minimum-wage workers to "give their all." If workers do not give everything that have to be the best they can be at their job at the current minimum wage, than giving a pay raise will not give them a sudden urge to work harder. Instead, they will be lazier since they can find a job anywhere with a livable wage. Minimum wage workers should not ask for higher pay or receive it if they are not putting in the best work to their ability. They should not be granted a higher wage for doing poor work. Afterall, the best workers get promoted in a business, not the minimal effort …show more content…
For example, a minimum wage increase can create a boost in the economy: “...extra pay in the pockets of some 16.5 million workers could trickle down to retailers…” (3 Pros and Cons). The extra pocket money the workers make can be spent at other low income jobs and will result in boosting that business’ profits so that they, too, can make more money. This trickle down theory results in an economic boost that can help low income workers earn more spending money: “I wouldn 't be surprised to see consumption rise…” (3 Pros and Cons). With more money flowing throughout the economy, more goods and services can be purchased and the living standards will rise. A boost in the economy can help reduce the amount of people in poverty and it allows more people to buy more wants and needs.With more people being able to pay for their own things, it can lead to “...less reliance on government- and state-sponsored financial-aid programs” (3 Pros and Cons). Some people believe the government helps out too much, but when workers are able to earn enough to make a living, government spending can be greatly reduced. This means that the extra money can go towards other government issues and people will not have to pay taxes related to financial-aid programs. Therefore, Americans will have more spending money for their own personal benefit. This will help not only minimum wage workers, but middle class Americans and the government as well.
Over the years, more adults have been trying to live off of the minimum wage. They use their income to pay rent, utilities, medical, and food bills with little to no extra income to save or spend freely. These employees become angry that the positions they hold do not provide them with enough money to live off of or how they do not have extra money to save for retirement. These workers want to increase the minimum wage to a livable wage so that they can reach financial stability. However, these jobs are not meant for adults, but for teens to make a quick buck. The money is intended for teenagers to be able to use when they want to purchase a want rather than a need. Adults should learn to …show more content…
If people can live a good life with enough money for financial stability, than most people would find a job that does not require much effort from them. Americans are lazy and would rather take the shortcut and just slide by in life. Having a higher paid wage will: “...damage their drive for self-betterment…” (3 Pros and Cons). Young students will not go through the extra trouble and debt that exists while attending college if they can make a living while working at an easy job such as at a fast food restaurant: “Youth will not push themselves to pursuit [sec] their interests and make a change in the world or find their passions when it is easier to do minimal work” (3 Pros and Cons). One of the toughest challenges businesses face is encouraging minimum-wage workers to "give their all." If workers do not give everything that have to be the best they can be at their job at the current minimum wage, than giving a pay raise will not give them a sudden urge to work harder. Instead, they will be lazier since they can find a job anywhere with a livable wage. Minimum wage workers should not ask for higher pay or receive it if they are not putting in the best work to their ability. They should not be granted a higher wage for doing poor work. Afterall, the best workers get promoted in a business, not the minimal effort …show more content…
For example, a minimum wage increase can create a boost in the economy: “...extra pay in the pockets of some 16.5 million workers could trickle down to retailers…” (3 Pros and Cons). The extra pocket money the workers make can be spent at other low income jobs and will result in boosting that business’ profits so that they, too, can make more money. This trickle down theory results in an economic boost that can help low income workers earn more spending money: “I wouldn 't be surprised to see consumption rise…” (3 Pros and Cons). With more money flowing throughout the economy, more goods and services can be purchased and the living standards will rise. A boost in the economy can help reduce the amount of people in poverty and it allows more people to buy more wants and needs.With more people being able to pay for their own things, it can lead to “...less reliance on government- and state-sponsored financial-aid programs” (3 Pros and Cons). Some people believe the government helps out too much, but when workers are able to earn enough to make a living, government spending can be greatly reduced. This means that the extra money can go towards other government issues and people will not have to pay taxes related to financial-aid programs. Therefore, Americans will have more spending money for their own personal benefit. This will help not only minimum wage workers, but middle class Americans and the government as well.