MINIMUM WAGE Minimum wage is one of those topics that everyone seems to have an opinion on, whether it is, for it, or against it. Both of these arguments can be backed up, as with most topics, there are pros and cons that come along with it. So what exactly is the best argument when approaching this subject? Should the minimum wage be raised? That is what is to be determined in the next few paragraphs. Minimum wage can help, or hurt, a person or company, depending upon on how they function together. To understand the importance, of minimum wage, or lack thereof, we must first understand the history and the part that this history has played in our current world. Then we can better understand minimum wage laws, and the reason that they were
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Although, most opinions of minimum wage keep to the same belief that the wage law should be raised in order to keep Americans, out of poverty, at a higher percentage. The only way to see both sides, is to actually look at both sides’ perspectives. The belief, that the minimum wage standard should be raised, is in order to help the economy grow, keep more working Americans out of poverty, and to keep employers from exploiting their employees. There are many different ways that the wage standard helps the economy grow. It can be as simple as one more person working, or it could be as big as hiring employees for a thousand jobs. The more people that are actively working, the more, who are actively spending also. Although minimum wage did not start in the United States until 1938, when President Franklin D Roosevelt signed the Fair Labor Standards Act, it raised the economy greatly, after the great depression. He signed this act, (setting the standard at .25c …show more content…
The argument of whether or not this standard should be raised or not, can be left up to the committees that are paid handsomely to make those decisions. If it was up to the hard working Americans that actually work these menial jobs, I am sure that the standard would, in fact, be raised to a higher rate. In our state, there are 7.4% of Tennesseans that are currently at or below the minimum wage standard. That means that there are still a lot of Americans that work hard and still are barely able to afford to survive, I should know, I have been there. TN is also one of the five states that have their own minimum wage law, whereas 20 others go by the federal requirements. There are so many different views and opinions that could be brought up on this subject, however, I think we touched on a few important ones. Whether or not the rate gets raised, there will still be people out there who are for it, and then against it. It’s a never ending battle, that will continue to go on day by day. All I can say is that the minimum wage standard is set to make things even and more fair, but what can be fair about a man who gets paid $15 an hour plus benefits and healthcare, and a man who gets paid 7.25 and no benefits or healthcare. Yet the man without healthcare is expected to have healthcare and purchase it on their lowered rate per hour. It seems somewhat backwards if you ask me, but it is
Although, most opinions of minimum wage keep to the same belief that the wage law should be raised in order to keep Americans, out of poverty, at a higher percentage. The only way to see both sides, is to actually look at both sides’ perspectives. The belief, that the minimum wage standard should be raised, is in order to help the economy grow, keep more working Americans out of poverty, and to keep employers from exploiting their employees. There are many different ways that the wage standard helps the economy grow. It can be as simple as one more person working, or it could be as big as hiring employees for a thousand jobs. The more people that are actively working, the more, who are actively spending also. Although minimum wage did not start in the United States until 1938, when President Franklin D Roosevelt signed the Fair Labor Standards Act, it raised the economy greatly, after the great depression. He signed this act, (setting the standard at .25c …show more content…
The argument of whether or not this standard should be raised or not, can be left up to the committees that are paid handsomely to make those decisions. If it was up to the hard working Americans that actually work these menial jobs, I am sure that the standard would, in fact, be raised to a higher rate. In our state, there are 7.4% of Tennesseans that are currently at or below the minimum wage standard. That means that there are still a lot of Americans that work hard and still are barely able to afford to survive, I should know, I have been there. TN is also one of the five states that have their own minimum wage law, whereas 20 others go by the federal requirements. There are so many different views and opinions that could be brought up on this subject, however, I think we touched on a few important ones. Whether or not the rate gets raised, there will still be people out there who are for it, and then against it. It’s a never ending battle, that will continue to go on day by day. All I can say is that the minimum wage standard is set to make things even and more fair, but what can be fair about a man who gets paid $15 an hour plus benefits and healthcare, and a man who gets paid 7.25 and no benefits or healthcare. Yet the man without healthcare is expected to have healthcare and purchase it on their lowered rate per hour. It seems somewhat backwards if you ask me, but it is