Raising Minimum Wage Essay

Improved Essays
The Government should raise the minimum wage, due to its affects on urban area poverty. So how does a wage increase affect urban poverty? It does so by providing jobs and income for families wanting to get out of poverty. It reduce the need of government aid, such as food stamps, and section eight housing. In some cases it creates and more reliable employees. Helps the economy by having more money to spend. Depending on whom you ask increasing the minimum wage can have a negative or a positive impact on urban poverty. Of course those under the minimum wage want an increase and those paying the bills are against raising the minimum wage. From just about every paper that I have read on the topic, shows that people are more towards an increase than leaving the minimum wage where it is. …show more content…
The better paying job that are out to get, the better chance a person would likely stay at the position. But it does not just benefit the employee. It also benefits the employer. As “Carmen Ortiz Larsen” stated “We hired entry-level people at near minimum wage in the past, and learned this resulted in their personal financial problems impacting the quality of the work they produced”. From the results that they have acquired, they have been now been paying no less than 10 an hour, which turned into “good retention rates, a good product and happier customers”. You can also look into some people being more reliable. In a paper written by Will Bryerton, he states “These residents widely regard work ethic, ability, and perseverance as the ingredients for future prosperity”. He goes on and talks about how this mindset of Individualism and how it is a byproduct of how one is brought up living in poverty. So by raising the minimum wage you are not just giving that person a better way of living, you are increasing providing dependable employees to

Related Documents

  • Superior Essays

    Most Americans think that raising minimum wage will reduce poverty, but yet do they know that raising the minimum wage will not do anything to poverty (Sherk). Workers that work hard and long hours should be able to feed and house their family (Harkin 18). Raising the minimum wage would hurt the economy more than help it. State hourly minimums range from $7.50 in Arkansas to $9.47 in Washington state (Desilver)…

    • 1017 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    With the higher minimum wage, moreover, we’d end up paying less for medicine, food stamps and other assistance the Working Poor Now need in order to have a decent standard of living. This proves that with the higher minimum wage things will be less money. Taken in aggregate, the more people who are employed, and the more money they earn, the more discretionary funds they will have to spend throughout the economy(Ingram, David). This proves that the economy will boost.…

    • 359 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Increasing the minimum wage will raise the level of students that will have a higher level of education. As the number of education students increases so does the workforce, there are more people that are eligible for jobs, therefore less students that are unemployed and unqualified for the work force. If there is a lesser unemployment rate than the people who live in lower income areas will have stable jobs, therefore having a steady income, allowing the economy in these areas to flourish, allowing the standards of living to rise. As a result of the standards of living raising, the crime in these communities will go down, creating a safer place to live and less illegal criminal activity, therefore less black markets, this means that. It is a common disbelief that raising the minimum wage will create a surplus.…

    • 1045 Words
    • 5 Pages
    Improved Essays
  • Decent Essays

    Raising Minimum Wage

    • 332 Words
    • 2 Pages

    Raising the minimum wage will reduce poverty .This year there is a large dispute about minimum wage and the living standard. Study show that states that have higher income there Poverty rate numbers are low . Also higher income dose not just help the poor it helps people stay focus. High income will help the poverty rate and the average person stay focus on saving what they make so higher min wage impove eyeryones standing .Increseing…

    • 332 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Everyone needs money to help them with their daily life activities like eating, shopping and even paying bills. For that, you will need a good paying job, right? CATO Institute, a public policy research organization, states “Some policymakers are proposing to raise the minimum wage, but that policy would be harmful. Research shows businesses would respond to the increased costs by reducing employment, particularly for low-skilled workers” (CATO). Basically saying this minimum wage will not help anyone, and it will do nothing but damage.…

    • 2332 Words
    • 10 Pages
    Improved Essays
  • Improved Essays

    Raising The Minimum Wage

    • 1158 Words
    • 5 Pages

    Raising the minimum wage would reduce federal food stamp spending by $4.6 billion a year. “Raising the federal minimum wage to $12 per hour by 2020 would reduce means-tested public assistance spending by $17 billion annually.”(epi.org). These savings could go towards anti poverty tools, funding for new education initiatives. The Minimum wage also reduces tax burden. A person making less than minimum wage would require food stamps, welfare and rent in many states.…

    • 1158 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Should Minimum Wage go up? Do you think minimum wage should go up or should it stay the same? Everyone has mixed feelings about this topic and if it minimum wage should go up or not. In this essay I will be talking about the pros and the cons of minimum wage as a hole.…

    • 1080 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Minimum wage is a hot topic in the United States currently, and both sides are equally important. Making sure that people living here are above the poverty line is necessary, but keeping the nation from going bankrupt is also crucial. The positives to raising minimum wage are financial security for families, less worker exploitation and under employment, and it would reduce crime significantly. More than 45 million people in the United States alone, are below the poverty line, which means families are being torn apart and constantly under stress about when their next meal will be or if they will still have a home by tomorrow. According to Sarah Shemkus, an economic articles author, financial security for families will lead to a ripple effect.…

    • 1133 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    “Raising the minimum wage would not help . . . it would have the opposite effect because it would victimize the country’s lowest-skilled workers and make it more difficult for them to find employment” (Reisman, 2015). Raising the federal minimum wage will increase unemployment and at the same time increase the cost products and services. Per Thomas MaCurdy, professor of economics at Stanford University, “higher minimum wages help almost nobody; but raise prices for everyone” (MaCurdy, 2015). If the federal government desires to raise the standard of living in our country, “the best thing the [government] could do is to just get out of the way” (Epstein,…

    • 2029 Words
    • 9 Pages
    Great Essays
  • Superior Essays

    It turns out that increasing the minimum wage means decreasing job opportunities. If the minimum wage increased, people will face lots of problem such as- it would result in the job loss evidence of job losses, hurt low-skilled workers, little effect on reducing poverty, and it may result in the higher price for consumers. Most Americans agree the current federal minimum wage is not enough to live on. It is hard to imagine some families are surviving on just $15,000 a year.…

    • 1438 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    First off, raising the minimum wage decreases employment. But, how? The book, The Effects of a Minimum Wage Increase on Employment and Family, states that higher wages lead to an increase of cost to employers of producing goods and services. The cycle goes as follows, wages increase, businesses raise prices and consumers buy less. Within this process is a scale effect.…

    • 1185 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    How much are you worth? Its 1910, you just finished another long day of working in the factory. Your neck aches from looking down for too long, while you feel your fingers practically developing arthritis. This job is mundane, but there aren’t many out there and any sign of weakness means you’re on the streets.…

    • 971 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Increasing the minimum wage could cut back on taxpayers billions of dollars because low wage workers would be making an increase in salary and would not need assistance, therefore taxpayers dollars would not go towards their needs. Minimum wage is the lowest wage paid to a worker according to the law. Minimum wage in my opinion should be increased. As a matter of fact, a living wage should be put in place instead, because it is the minimum income…

    • 770 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Raise Minimum Wage Essay

    • 761 Words
    • 4 Pages

    The minimum wage should be increased because a lot of people are suffering from low pay to make ends meet. The total of money companies is paying employees today is not enough. A lot of companies are making a profit from their employees; they simply don’t want to pay them because they know if one of the people working for them quits, they are going to find ten more desperate people who would do anything to have this job. Today, it is extremely important to raise the minimum wage because the insufficient wage is too low, it causes parents to work two jobs, also companies should raise salary high enough to inspire people to go to work.…

    • 761 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    I feel like poverty is viewed three completely different ways. One being that those people chose that life and if they do not want to be in it then they should get a job. Second being that the government should give away the upper class's money because they do not need it anyways. Finally third, where I am. I have seen the worst of the worst when I went to El Salvador on a mission trip ,but I have also seen the best of the best.…

    • 706 Words
    • 3 Pages
    Improved Essays