Muhammad Muneeb
Prof. Sheila Bonner
Eng. 100
March, 29, 2015 Rise in wages
In today’s time it’s expensive to live in United States and every day its getting difficult and hard to pay your bills. People have to work more than one job to keep the life running. Minimum wages is a major problem in our society. However raising wages doesn’t have harmful effects on anything. The purpose of the minimum wages is to lift the salary of low wages workers and preventing market and businesses to keep wages up of the skilled and educated workers. Raising minimum wages will help economy, decrease crime rate and make more jobs opportunities in the United States.
Raising wages would be great for our economy. If government increase minimum wages, economy will …show more content…
The debate over the federal minimum wage is likely to run through this year's mid-term elections as Democrats have promised to try to make raising the minimum a wedge issue.”
One of the biggest effect of the minimum wages is increase in crime rate. Minimum wages making people commit more crimes in society. If people don’t make enough money they are going to try different ways to get it. They might rob or sell drugs are involved in illegal stuff to get money, if they are successful in the crime they might commit that crime thinking no one will notice them, Some time they might leave the job because they make more illegal way. Report
“Researchers have found that the majority of increases in violent crime can be explained by downward wage trends, and The National Bureau of Economic Research reports that a twenty percent drop in wages leads to a 12 to 18 percent increase in youth crime… According to the report, 89 percent of murders and violent crimes in Chicago were in low-income areas where mostly black and Latino people live — areas where wages are lowest and extreme poverty rates are …show more content…
Raising wages will help create jobs not quickly as everyone thinks, Jobs will grow slowly and unemployment will end .Some people believe raising income will replace workers with machines if their labor become expensive. But most the of the businesses are run by human beings, so there is no way machines can replace workers if minimum wages are raised. “Real-world evidence is reassuring. In 2010, three economists looked at 1,381 counties over sixteen years, finding that minimum-wage hikes had no effect on employment. Other economists looked at every state-level minimum-wage increase over twenty-five years at times when unemployment was already high and found no evidence of an effect on job creation. Even this year, the thirteen states that raised their minimum wages on January 1 have experienced higher employment growth than those that didn’t.”
The minimum wages is an easy and proven way to increase the wages of the working
Prof. Sheila Bonner
Eng. 100
March, 29, 2015 Rise in wages
In today’s time it’s expensive to live in United States and every day its getting difficult and hard to pay your bills. People have to work more than one job to keep the life running. Minimum wages is a major problem in our society. However raising wages doesn’t have harmful effects on anything. The purpose of the minimum wages is to lift the salary of low wages workers and preventing market and businesses to keep wages up of the skilled and educated workers. Raising minimum wages will help economy, decrease crime rate and make more jobs opportunities in the United States.
Raising wages would be great for our economy. If government increase minimum wages, economy will …show more content…
The debate over the federal minimum wage is likely to run through this year's mid-term elections as Democrats have promised to try to make raising the minimum a wedge issue.”
One of the biggest effect of the minimum wages is increase in crime rate. Minimum wages making people commit more crimes in society. If people don’t make enough money they are going to try different ways to get it. They might rob or sell drugs are involved in illegal stuff to get money, if they are successful in the crime they might commit that crime thinking no one will notice them, Some time they might leave the job because they make more illegal way. Report
“Researchers have found that the majority of increases in violent crime can be explained by downward wage trends, and The National Bureau of Economic Research reports that a twenty percent drop in wages leads to a 12 to 18 percent increase in youth crime… According to the report, 89 percent of murders and violent crimes in Chicago were in low-income areas where mostly black and Latino people live — areas where wages are lowest and extreme poverty rates are …show more content…
Raising wages will help create jobs not quickly as everyone thinks, Jobs will grow slowly and unemployment will end .Some people believe raising income will replace workers with machines if their labor become expensive. But most the of the businesses are run by human beings, so there is no way machines can replace workers if minimum wages are raised. “Real-world evidence is reassuring. In 2010, three economists looked at 1,381 counties over sixteen years, finding that minimum-wage hikes had no effect on employment. Other economists looked at every state-level minimum-wage increase over twenty-five years at times when unemployment was already high and found no evidence of an effect on job creation. Even this year, the thirteen states that raised their minimum wages on January 1 have experienced higher employment growth than those that didn’t.”
The minimum wages is an easy and proven way to increase the wages of the working