Raising Minimum Wage Essay

Good 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
…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

Related Documents

  • Decent Essays

    If the costs of goods rise the amount of sales will drop which is simple economics this would bankrupt businesses as a result of being required to pay their employees more, but are making less money. The idea behind raising minimum wage is to make it so more people aren 't in poverty, but raising the minimum wage will cause businesses to close putting people in poverty or deeper poverty than they are already experiencing. Also raising the minimum wage will take away the drive to do better and work for what you want to be. If they raise it to the amount of 15 an hour like some are calling for that is what a police officer or a paramedic makes currently why would someone want to put their life on the line when they could flip burgers and make the same money? The types of jobs that pay minimum wage are not meant to be permanent career jobs they are meant to be jobs for school kids to make enough money to pay bills and survive…

    • 810 Words
    • 4 Pages
    Decent Essays
  • Decent Essays

    Minimum Wage Amendment

    • 1587 Words
    • 6 Pages

    These types of people would be mostly employers. Employers want to pay employees what they feel is necessary for the work that is given. Employers don’t want to give their employees more then they absolutely have to, because the more they give their employees the less they have for themselves. Increasing the minimum wage though would help these individuals in the end. It would drive our economy and cause businesses to boom.…

    • 1587 Words
    • 6 Pages
    Decent Essays
  • Decent Essays

    If all fifty states in 2014 would have raised their minimum wage by one dollar, an estimated 2,790 fewer low birth weight births would have taken place (Leigh 1355). Explaining the pros and cons of raising minimum wage, the article between Reihan Salam and Dr. Paul J. Leigh explains how an increase can help and hurt many different kinds of people. Salam disagrees with raising of minimum wage. He claims that it will hurt the less educated people and it will be harder for them to compete for a low paying job with the highly educated (Salam). Conversely, Dr. Paul J. Leigh wrote claims that raising the minimum wage will help people and make for more affordable health care.…

    • 1747 Words
    • 7 Pages
    Decent Essays
  • Decent Essays

    Minimum Wage Rejection

    • 1087 Words
    • 5 Pages

    Supporters say it will help the economy but the facts just are not there. A minimum wage increase will only help a handful of people and the people it will help are not the people who need it. What people do not realize about increasing wages is that it will raise the cost of living at an even faster rate. An increase will also make the value of the dollar go down and there will be inflation, causing the cost of goods to go up, making a minimum wage increase irrelevant because workers will be right back to where they started. Higher wages will make it harder for people to get jobs and that is not helping the unemployment issue.…

    • 1087 Words
    • 5 Pages
    Decent Essays
  • Decent Essays

    If companies have the choice to pay their worker more or to move the company they will more than likely to outsource their companies. There is a growing concern that increasing the minimum wage would result in more businesses outsourcing their jobs overseas where workers are paid much less than $4 an hour let alone $10. People fear that if the companies are forced to pay workers more than $10 and hour, companies will ship jobs overseas for lower overheads costs than pay more for workers here. “As well-paying manufacturing jobs have left America, low skill workers have turned to low paying service jobs, filling the roles that used to be filled by teenagers and high school dropouts. The majority of new jobs created now are in the service sector.…

    • 1843 Words
    • 8 Pages
    Decent Essays
  • Decent Essays

    Hiring Minimum Wage Essay

    • 626 Words
    • 3 Pages

    Hiring federal minimum wage is a very controversial debate among society, this topic has many pros and cons. Minimum wage is the base pay, meaning no employer should pay their employees less, however having a low minimum wage allows motivation for employees to strive for the hourly rate raise. I am against hiring minimum wage because while it can increase the income for household it requires employers to divide their pay evenly among their employees; this may cost the jobs of several of the other employees causing more families to go into poverty. Arguments for minimum wage often claim it to be an effective method to change poverty for the better. If businesses are required by the federal government to pay their employees more then their employees should earn more income and many of them can get out of poverty.…

    • 626 Words
    • 3 Pages
    Decent Essays
  • Decent Essays

    Americans are fooled into thinking that raising the minimum wage is as simple as a law being passed. The thoughts of the nation are heavily in favor of raising the minimum wage in order to make life easier on the people using those low skilled jobs to support a family. The belief is raising the minimum wage will result in more jobs for those currently unemployed, and will get more money into the pockets of the lower and middle classes. Americans fail to realize that companies pay for productivity. Once a lower skilled worker gets a raise, the people above them will be looking for a pay increase as well.…

    • 2500 Words
    • 10 Pages
    Decent Essays
  • Decent Essays

    If the minimum wage is raised, it would reduce income inequality and poverty while boosting growth without increasing unemployment. ¨Raising the minimum wage is good economics, good policy, and good for workers.¨ This supports the topic because it states some of the pros of raising the minimum wage. If employees get paid more, they are less likely to quit their jobs. The reason why they are less likely to quit their jobs, is because if they are getting paid more than a normal $7.25 minimum wage, they will want to keep that job in hopes to have a better financial standing in life. This is just one way raising than minimum wage could decrease unemployment.…

    • 1638 Words
    • 7 Pages
    Decent Essays
  • Decent 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) These states function well without the minimum wage at ten dollars an hour. Raising the minimum wage would increase prices of everyday living items.…

    • 1017 Words
    • 5 Pages
    Decent Essays
  • Decent Essays

    The stock market’s fluctuating can impact the economy in terms of putting money back into the people’s salaries allowing them to either spend less or more. Macroeconomics lets us understand how the concept of scarcity can impact how much an individual can invest in his or her wants as well as his or her needs which is what boosts the revenue of lots of companies. In the end, we do not learn macroeconomics for all of us to become future economists, but to be aware consumers so we can protect our financial investments and under the market trends the nation is…

    • 1169 Words
    • 5 Pages
    Decent Essays