The federal and state minimum wage should not be increased. With a looming democratic population, filled with people from ages 16 to 30, there has been fierce debate over the federal and state minimum wages. Some see raising the minimum wage as a must have change in today’s society, while others indicate that the minimum wage should stay just where it is at. The minimum wage should not be increased because of the skills and education required for different jobs, negative effects on small businesses, and the increase of prices on consumer goods.
First of all, the required skills and education to perform minimum wage jobs is highly less than what is required in higher level positions. Companies, like Google, “employs very skilled and educated workers---usually diligent, motivated self-starters” (Source 1). There is no comparison between those who have a college degree, working at places like google, to those that might not even have a high school diploma, working for minimum wage at McDonald’s. …show more content…
Businesses will have to, “raise the prices of their goods and services” (Source 2). By raising the minimum wage, businesses will make their products and services cost more to compensate for the new wages required to be payed to their employees. If the person performing the service has to get payed more than what they can produce in revenue, prices will increase, forcing consumers to pay more. Many people may think that raising the minimum wage will benefit all of us are wrong, because not only will the employee, and employer be affected, but we as consumers as well. As depicted in Source 4, a man says: “What could possibly be the downside to raising the minimum wage to $15 an hour?” What the man does not realize, is that the cup of coffee he has ordered costs $12.50. If wages increase, the prices on retail goods we buy will be increased as
First of all, the required skills and education to perform minimum wage jobs is highly less than what is required in higher level positions. Companies, like Google, “employs very skilled and educated workers---usually diligent, motivated self-starters” (Source 1). There is no comparison between those who have a college degree, working at places like google, to those that might not even have a high school diploma, working for minimum wage at McDonald’s. …show more content…
Businesses will have to, “raise the prices of their goods and services” (Source 2). By raising the minimum wage, businesses will make their products and services cost more to compensate for the new wages required to be payed to their employees. If the person performing the service has to get payed more than what they can produce in revenue, prices will increase, forcing consumers to pay more. Many people may think that raising the minimum wage will benefit all of us are wrong, because not only will the employee, and employer be affected, but we as consumers as well. As depicted in Source 4, a man says: “What could possibly be the downside to raising the minimum wage to $15 an hour?” What the man does not realize, is that the cup of coffee he has ordered costs $12.50. If wages increase, the prices on retail goods we buy will be increased as