Raising Minimum Wage Essay

Improved Essays
Americans Are Worth More Than 725

The American people are worth more than just seven dollars and twenty-five cents per hour. If you live in America you probably know that a big issue in politics right now, is raising minimum wage. Many people think it would help our economy, but businesses that do not care about their employees try to convince us that it would hurt the economy by paying working human beings a wage they can actually live on. Big business owners like to make the point that they would have to charge more for their services or products and reduce the size of staff and/or hours worked by the staff. They also say that they would lose money and go out of business. However, we know a livable wage is possible for employers to pay their workers because Maryland, Washington and San Francisco have already done this. Also businesses will not lay people off because of having to pay a livable wage, if they could afford to pay less workers they would anyway.
…show more content…
Also as a business owner myself I hate having a lot of turnover and businesses can save a lot of money by not having to train new employees all of the time. Increasing the minimum wage to a livable wage would improve our country because it would give people a wage they can actually live on and in turn that money they earn will go back into businesses because the people have more money to spend. It also create jobs, and gets rid of the need for a lot of our current tax money. First, raising minimum wage would help our economy because it would give people a livable wage. Right now minimum wage is not a livable wage. Right now minimum wage is only $7.25 per hour, so if you do the math that means you can only earn $14,500 per year on a 40 per week, minimum wage job. To begin, if minimum wage was enough, than we would not have minimum wage workers that seek and qualify for government assistance. For example, a McDonald’s employee named Andrew Olson, makes $8.06 per hour while his wife is making minimum wage at Dollar Tree. He says, “Tax payers shouldn’t have to pay for what we need to survive”. If tax payers have to pay for them just to survive when they both work 40 hours a week, than something needs changed. Thus, upheaving minimum wage to a livable wage standard would help this family not need to live on government assistance. (Los Angeles Times) Next, some companies will even tell their employees to seek government assistance. For example, in Connecticut a Democrat Legislator publically said, “We are providing all kinds of services that these employees qualify for because they are paid so little.” He went on to say, “We have even found out that some of these companies are steering their employees to these state services.” Therefore, the companies not only realize that they are not paying enough, but they go so far to steer them towards government assistance. As a business owner, I would never do that to any of my employees for two reasons. One my employees are worth more than that. Two it is not the tax payer’s answerability to take care of these people. (Los Angeles Times) Furthermore, a C.E.O. of a company in Washington, discovered that his employees, who were making over federal minimum wage, were still struggling just to make ends meet. For example, before he started paying his employees more he stated, “Every week someone walks up to me and walks me through the costs of living and they walk me through the math of earning what they earn and it just eats me up inside every single time”. Thus, his workers were making over the federal minimum wage and they still struggle just to make ends meet. In other words, this just comes to frippery the federal minimum wage could do much better for the people of America. (Christian Science Monitor) For all of these reasons, it is evident that minimum wage is too low, and needs to be raised to a livable wage. Second, raising the minimum wage to a livable wage, would help our government and tax payers because we pay a lot of money into government

Related Documents

  • Improved Essays

    04.02 Assignment 2

    • 551 Words
    • 3 Pages

    First, raising the minimum wage would help the economy grow over the course of a few years. While the length of time may seem like a long wait, it…

    • 551 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Minimum wage has been a highly controversial topic in the United States for eighty years now. Federal minimum wage is set at $7.25 currently and there are many debates on raising it from that to $12 or $15. Many Americans think this is a good idea and its going to yield a higher yearly income, this is true. On the contrary is is also going to inflate the prices of the goods we purchase. Raising the minimum wage to $15 would not be morally justifiable according to utilitarianism and comparing inflation to what MacKinnon calls living wage.…

    • 838 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Employers that pay higher wages for work that is producing the same at a lower wage has a better chance of going out of business (Sherk). As a business is built, then it can pay higher wages. Expecting small business owners to pay a large wage on the first day before knowing Baker 4 what an employee can do, will just enhance the chance of the business not succeeding (Sherk). Workers should be paid for their talents and hard work.…

    • 1017 Words
    • 5 Pages
    Superior 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
  • Decent Essays

    Minimum wage is the lowest wage allowed by law or by special agreement. the federal minimum wage for covered over time paid employees is 7.25 per hour; which was enforced july 24, 2009. these type of employees are called non exempt employees under the FLSA act. Employees must pay them one an a half times their regular pay when they work over fourty hours a week. in my opinion, we should not have minimum wage laws nor should we raise them.…

    • 261 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Raise Minimum Wage Essay

    • 761 Words
    • 4 Pages

    Nowadays, as long they will find people who will work for low wages they will keep their business running. When people get paid lower, it is bad for the economy because they don’t have money to expand on demands. They are selfish and self-centered. Hopefully, companies start paying workers a better pay…

    • 761 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    (2) The problem with the minimum wage is when it is higher than the GDP will allow. If there was no minimum wage, then the wages of employees would be directly related to the profits of the company, not to what the government thinks service is worth. Another example of job loss can be seen in Seattle. After they passed a law to slowly increase the minimum wage to $15.00 an hour. In a study done by The American Enterprise Institute, the number of restaurant jobs was down -700 compared to the statewide increase of +5,800.…

    • 1117 Words
    • 5 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
  • Improved Essays

    In 1938, the minimum wage was established as part of the fair Labor Standard Act. Over time, of infrequent and inadequate adjustment the minimum wage, no longer serves as an adequate wage floor. One of the most controversial issues in the U.S. is if minimum wage should be increased to $15 or not. People believe that if minimum wage was increased it would help out with day to day living.…

    • 969 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    One of the most frequently asked questions in our country seem to be should minimum wage be raised or should it be lowered or eliminated altogether, from where I stand minimum wage should be raised. Changes to the minimum wage would strengthen the economy and business, lift Americans out of poverty. Paying people a fair wage is a sign of respect and acknowledgement of the value of people contributions to the business. Increasing the minimum wage will lower the poverty level. While an increase in the minimum wage would raise the earnings of many workers and lift some families above the poverty line, some minimum-wage workers would remain poor.…

    • 907 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Not everyone in the US has millions of dollars in their bank accounts. There are countless numbers of reasons why people choose or have to work these low paying jobs. Again I am not sure what the wage should be raised to, but it does need to be raised. Only 29 of the 50 states raised their wages above the federal minimum wage. What about the other 26 states?…

    • 2332 Words
    • 10 Pages
    Improved Essays
  • Improved Essays

    Minimum Wage Argument

    • 1134 Words
    • 5 Pages

    There is a very large group of unskilled workers in the United States labor force today, and many of them do get paid the federal minimum wage of $7.25 per hour. The condition of the lower class in the United States today is at a very low point due to the immense income inequality and unemployment rates. Not only are the economic conditions substandard, but also the lower class environment. Many of them are living in very bad conditions and are struggling to make ends meet. There has been a huge controversy about whether the minimum wage is a livable wage.…

    • 1134 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The federal minimum wage is currently set at $7.25 per hour. Many people around the nation are pushing for the minimum wage to be raised to $15 per hour, almost double of what it is set at now. This may sound like a good thing when first hearing it, however the effects that it will have on the economy will be far worse than having a lower minimum wage. If the minimum wage was raised to $15 per hour the inflation would also raise due to businesses raising prices to cover for employee costs, people will also not be motivated to seek higher education, and small businesses may be forced to close down due to rising costs. The minimum wage should stay where it is at now and not be raised to $15 per hour.…

    • 2363 Words
    • 10 Pages
    Improved Essays
  • Great Essays

    Damaging Consequences of Raising the Minimum Wage Who wants to earn more money for performing the same work? Most of the working population would say “sign me up”. An often-debated way to accomplish this would be for the federal government to raise minimum wage. While on the surface, this simple idea may sound like a win-win proposition; but when logic and simple economics are applied, the result is a lose-lose proposition. Raising the federal minimum wage can actually have adverse effects on the economy and the portion of the work force that it is intended to help.…

    • 2029 Words
    • 9 Pages
    Great Essays