Why a 15 dollar minimum wage is a bad idea
Alexander bell
Craven Community College
It doesn 't matter who you are you will be affected by minimum wage in some way, and you will be affected most by the change in minimum wage and the effects that come along with it. Whether you are for or against a higher minimum wage you cannot deny the facts on why a higher minimum wage truly doesn 't make any difference in the amount of people living in poverty or the long term effect on the people who make minimum wage. This is the reason that I decided to write my paper on this subject talking about the side that is less commonly heard.
Minimum wage was established in 1938 to set the minimum that an employer must pay an employee. …show more content…
It takes skills to do jobs that pay more but that 's the point. Minimum wage jobs pay the minimum because their is no skills needed to perform them. This is why many of them will one day be replaced by machines and robots. Many fast food restaurants are already experimenting with robotics in their stores to cut down on human error and the cost of human labor. “One multi-tasker bot, from Momentum Machines, can make (and flip) a gourmet hamburger in 10 seconds and could soon replace an entire McDonalds crew”(Mcneal). If these robots were to take over the food industry which is a huge possibility in the near future it would eliminate a large amount of minimum wage jobs. This is why the need for unskilled workers is becoming very scarce. “When the minimum wage goes up, employers are forced to either pass costs onto consumers in the form of higher prices, or cut costs elsewhere–leading to less full-service and more customer self-service. As a result, fewer hours and jobs are available for less-skilled and less-experienced employees” (Minimum wage.com). So as minimum wage goes up there will be less and less jobs available for those employees. Their will obviously be other jobs that will come into play for minimum wage workers as this happens, but the fact still remains that employers don 't want to pay large amounts of money to workers doing these jobs. Why else would almost everything sold in america be made in another country, because the labor is cheaper. So in conclusion I do not believe that raising the minimum wage to 15 dollars an hour is a smart or economical decision for the country for all of the reasons that I have mentioned. A raise in minimum wage does increase unemployment and inflates prices. So even though a higher minimum wage would be great initially the effects that would come along with it that are bad outweigh the effects that would
Alexander bell
Craven Community College
It doesn 't matter who you are you will be affected by minimum wage in some way, and you will be affected most by the change in minimum wage and the effects that come along with it. Whether you are for or against a higher minimum wage you cannot deny the facts on why a higher minimum wage truly doesn 't make any difference in the amount of people living in poverty or the long term effect on the people who make minimum wage. This is the reason that I decided to write my paper on this subject talking about the side that is less commonly heard.
Minimum wage was established in 1938 to set the minimum that an employer must pay an employee. …show more content…
It takes skills to do jobs that pay more but that 's the point. Minimum wage jobs pay the minimum because their is no skills needed to perform them. This is why many of them will one day be replaced by machines and robots. Many fast food restaurants are already experimenting with robotics in their stores to cut down on human error and the cost of human labor. “One multi-tasker bot, from Momentum Machines, can make (and flip) a gourmet hamburger in 10 seconds and could soon replace an entire McDonalds crew”(Mcneal). If these robots were to take over the food industry which is a huge possibility in the near future it would eliminate a large amount of minimum wage jobs. This is why the need for unskilled workers is becoming very scarce. “When the minimum wage goes up, employers are forced to either pass costs onto consumers in the form of higher prices, or cut costs elsewhere–leading to less full-service and more customer self-service. As a result, fewer hours and jobs are available for less-skilled and less-experienced employees” (Minimum wage.com). So as minimum wage goes up there will be less and less jobs available for those employees. Their will obviously be other jobs that will come into play for minimum wage workers as this happens, but the fact still remains that employers don 't want to pay large amounts of money to workers doing these jobs. Why else would almost everything sold in america be made in another country, because the labor is cheaper. So in conclusion I do not believe that raising the minimum wage to 15 dollars an hour is a smart or economical decision for the country for all of the reasons that I have mentioned. A raise in minimum wage does increase unemployment and inflates prices. So even though a higher minimum wage would be great initially the effects that would come along with it that are bad outweigh the effects that would