Argumentative Essay On Raising Minimum Wage

Abstract Minimum wage in my opinion is a staple of the United States economy. It was first used in the United States in nineteen thirty-eight, and at that time the minimum wage was twenty-five cents, which at the time had the same value as four dollars now (Department). The guidelines it provides helps to keep pour economy running, but it doesn’t benefit everyone. The lack of unity between states when it comes to this economical aspect is a critical factor in determining the wellbeing of the United States citizens. Overview As of July twenty-fourth, two thousand and nine the mandatory minimum wage in the United States was seven dollars and twenty-five cents per hour, for all nonexempt employees (Employees who work overtime or previously …show more content…
Most people have the judgment that raising the minimum wage will only benefit our nations teens who are new to the job industry, although the average person who works these minimum wage jobs happen to be age twenty or older, to be more accurate eighty-nine percent of the people who would benefit are age twenty or older (Minimum).
These employees that are younger than twenty believe that they will be discriminated against and not be paid minimum wage. As with everything there are exceptions, but employers are mostly required to pay employees no matter what age the federal minimum wage (Minimum). This employee demographic also believe that with a raise in the minimum wage that they will be the most expendable and be fired. Although studies conducted by economists across the country have shown that minimum wage increases have little to no negative effect on employment. In fact, their research has shown that higher wages sharply reduce employee turnover which can reduce employment and training costs, once again we see that the added incentive of higher pay has positively affected the …show more content…
This notion is in fact faulty (Department). In July of two thousand and fourteen, six hundred of the United States top economist including seven Nobel Prize winners wrote this letter to president Obama, an expert states that, “ In recent years there have been important developments in the academic literature on the effect of increases in the minimum wage on employment, with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market. Research suggests that a minimum-wage increase could have a small simulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth, and providing some help on the jobs front.” (Over). This message has to be one of the most impactful because it shows that a massive amount of people with credibility came together to aid in the support of raising the minimum wage across our nation. And contrary to common belief that the public is not behind raising the minimum wage, polls taken since thousand and thirteen when Obama first asked congress to raise minimum wage have shown that a majority of the United States population is more than supportive of this