Since 1938, the minimum wage has been raised several times; usually it would occur almost every year, sometimes it would happen three or four years later. But now, it hasn’t changed for the past five years. In 2007, the minimum wage was $5.85; in 2008 it was raised to $6.55, and then again in 2009, it was raised to $7.25. It is now the year 2014, and the minimum wage remains at $7.25 an hour. A full-time worker who is paid the minimum wage would make an annual income of $15,080.…
The minimum wage was last raised in 2009, when it increased from $6.55 per hour to $7.25 per hour. Although we may be due for an increase based on the elapsed time, the decision to increase minimum wage relies on more than time alone to make the right choice. While America is in a better place now than we were back in 2008 and 2009, we are still feeling our way through the recovery phase of the Great Recession. Additionally, we are now sitting on the $19 trillion and counting of debt that the current administration has so generously bestowed upon us.…
By focusing on just receiving the higher wage and having more spending money, most American people in the labor force overlook the immense amounts of issues that come with a minimum wage increase. They claim that only positive aspects will result in the increase; the more money that people receive, the happier they are. Although that does hold true, they must learn the consequences of the wage increase. The people must realize that if there is indeed an increase, that some of them will result in the unemployment business. Whereas the others that are lucky enough to still possess a job receive a decreased number of hours to work.…
Server should be paid the same as the people who get paid the non-tipped minimum wage. The minimum wage should be the same at every job. Those who make Tipped minimum wage are more likely to need goverment assistance. Those servers are getting tipped becaues of their service they are giving. Some servers don't even make enough in tips to equal the non tipped minimum wage after a shift.…
While reading the article in the New York Times, “The Minimum Wage: How Much Is Too Much?” written by Alan B. Krueger, I was enlightened by his main focus of topic. Stating, “Research suggests that a minimum wage set as high as $12 an hour will do more good that harm for low-wage workers, but a $15-an-hour national minimum wage would put us in uncharted waters, and risk undesirable and unintended consequences.” Krueger gives a different twist on the debated topic of national minimum wage. Though Krueger uses evidence to back his claims he really focuses on his main point, minimum wage can be set at $12 nation wide but once it reaches $15, we could be in trouble. He explains how more than half the estates, representing 60% of…
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…
I am a person that feels like the minimum wage should be raised and that people should be getting paid more than they are getting paid right now. There are a few reasons why I feel this way and strongly believe that something should be done about the situation. People are doing to much work for what they are getting paid so it makes the people feel overworked. One of the reasons that I feel this way is because with what I am getting paid right now it is hard for me to pay my bills. $7.35 is not enough to live off of when you have a lot to pay for.…
Recently, many people are calling for an over 100% increase in the federal minimum wage from $7.25 an hour to $15 an hour. There is a claim that it would be good for the economy in many ways. It is believed that raising the minimum wage would increase spending within the economy, which would enable businesses to grow and hire more workers, and the cycle goes on. The reality is that minimum wage jobs are designed for an unskilled high school student who is learning how to balance a job and other aspects of their life.…
Families everywhere suffer every day from lack of money due to the low minimum wage standards. People who work minimum wage jobs and have children have a difficult time putting food on the tables and enjoying everyday living. Without a reasonable pay it’s not easy to afford transportation, food, clothing, schooling, or anything that requires money. The minimum wage in Rhode Island is currently seven dollars and fifty cents an hour, when calculated it comes out to about fifteen thousand dollars a year. It is almost impossible to supports a family with a pay so low.…
Minimum wage has been a big issue in this country for a long time. There are different reasons why minimum wage should be raised and why it shouldn't. “Fast food workers make less that $9 dollars on average” (Fast food workers). “Many states have raised minimum wage why can't we”(Fast food workers).Raising the minimum wage might even mean that we will have to increase our tax pay because the more money we make the more taxes we pay. Even though raising minimum wage is important because people can't live a full life off minimum wage we still don't need to raise it almost $3 maybe just $1.…
Laurie Coburn was a reliable person to interview because she worked for nonprofit Raising the minimum wage will reduce the help of government for social programs because higher wages cut the need for assistance for services like food stamps. Millions of Americans rely on the government for basic needs. These needs include child care, health care, food services, etc. Most of the people who rely on the government already work full jobs and still struggle to get by. The government has to spend money to help these people when they could be spending their money on education or on poverty.…
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.…
The issue of minimum wage has been a hotly debated topic among politicians and their constituents. Many argue whether minimum wage exists to help people on poverty or used as a base salary for future positions. This issue has been especially concerning for candidates running for the 2016 presidential election. Despite being a somewhat simple topic, the argument for minimum wage has divided Americans in terms of what to do. In Ari Armstrong’s article, he argues that minimum wage is egregious and will only harm the economy by causing people to have lower motivations and lack of employment.…
The minimum wage in the US is well below that of other advanced countries. The economist estimates that the minimum wage should be about twelve dollars an hour in the US based on our GDP. A higher minimum wage not only increases worker’s income, which is sorely needed to high demand and get the economy going. “Raising the minimum wage to $10.10 would create economic prosperity and put more money into the pockets of hard-working Americans” (“Reasons Raise minimum wage chart”). Raising the minimum wage to ten or more will help the workers to turn around and spend that money, which is a huge boost for the economy.…
Millions of people and families would benefit from an increase in the minimum wage. Today the federal minimum wage is currently at $7.25, but should be at nearly $10, or better yet even higher. But the last time Congress voted to raise the wage to its current rate of $7.25 an hour was seven years ago. Since then, the cost of life 's essentials have shot up. Groceries cost 20% more, a gallon of gas costs 25%more, and average tuition at a community college increased 44%.…