Unless you are Donald Trump, then at one point in your life you worked a minimum wage job. However, even when one is working a minimum wage job at full time, living off of such finances are hardly feasible. To enable individuals to support themselves and their families properly, the minimum wage must be raised. Furthermore, people that have children while working jobs paying minimum wages are unable to fund them. Raising the minimum wage would be beneficial for increasing citizens quality of life and may improve our economy by enabling people to support themselves and come out of government assisted programs.
The minimum wage standard was instituted following the Great Depression to ensure the stability of the dollar, supplement fair wages …show more content…
Following Sweden (along with Denmark, Iceland, Norway, and, Switzerland among others) instead of raising the minimum wage abolishing it as a whole could be a solution to the United State’s unemployment and poverty issues. The way that the countries above combat unfair wages and are able to maintain livable wages is worker’s unions and negotiation. However, this is very unlikely in our mixed economy. One of the reasons this would not work is because we are primarily capitalist economy and society. A change into no minimum wage would likely be abused by corporations and take many years to establish properly.
Increasing the minimum wage will decrease the amount of poverty in the US but government assistance programs need to changed as well for this to occur. Government assistance programs need to be more involved with participants even though the goal is that citizens seeking aid do not have to be on it for a long period of time. Perhaps taking note from other countries policies on minimum wage would be beneficial in solving this issue. Instead of viewing this as the need to rapidly increase the minimum wage or leave it as is, acknowledging that there are more than two solutions would help end this
The minimum wage standard was instituted following the Great Depression to ensure the stability of the dollar, supplement fair wages …show more content…
Following Sweden (along with Denmark, Iceland, Norway, and, Switzerland among others) instead of raising the minimum wage abolishing it as a whole could be a solution to the United State’s unemployment and poverty issues. The way that the countries above combat unfair wages and are able to maintain livable wages is worker’s unions and negotiation. However, this is very unlikely in our mixed economy. One of the reasons this would not work is because we are primarily capitalist economy and society. A change into no minimum wage would likely be abused by corporations and take many years to establish properly.
Increasing the minimum wage will decrease the amount of poverty in the US but government assistance programs need to changed as well for this to occur. Government assistance programs need to be more involved with participants even though the goal is that citizens seeking aid do not have to be on it for a long period of time. Perhaps taking note from other countries policies on minimum wage would be beneficial in solving this issue. Instead of viewing this as the need to rapidly increase the minimum wage or leave it as is, acknowledging that there are more than two solutions would help end this