Should Minimum Wage Be Increased

Improved Essays
Should the minimum wage be raised to fifteen dollars an hour? There is a good amount of people that think that this is a good idea when it is actually a bad idea. First, the raise of the minimum wage to fifteen dollars would be a higher wage than some people make with an education. If minimum wage raises, then all wages would increase accordingly. Also, the price of merchandise would be raised on everything to make up for the raise in minimum wage. Moreover, companies would cut jobs and find ways to have them done cheaply. Furthermore, minimum wage should not be enough to support a full family. Raising minimum wage to fifteen dollars an hour would do more harm than good. Raising minimum wage to fifteen dollars would cause all workers to demand …show more content…
There are many people like me that would have a much higher standard of living because I do not have a family to support. If minimum wage was based on what would be enough to raise a family, then there would be less incentive for people to get a higher education that does not plan on having a family. Furthermore, this would not be good for generations to come because there will be no openings for minimum wage jobs do to people not moving on to better-paying jobs. Moreover, I currently am working for minimum wage and have no family to support. Also, I am a student studying Mechanical Engineering. But if I am able to live more than comfortably I would have no reason to go to school. I feel that minimum wage needs to be a stepping stone for people like me to move onto better things. Furthermore, my feelings on this are strong because feeding another mouth is not cheap and leaves a lot of funds to be spent on luxuries, not necessities. People should not be able to feed a family off minimum wage. Some people think that raising the minimum wage to fifteen dollars an hour is a good idea. But the raise in the minimum wage would cause a domino effect that would do a good amount of harm. The raise would cause an increase in other wages and the prices of merchandise. With these being increased there would be no change in what people can afford to buy. Furthermore, companies would find ways to decrease the number of workers they hire. Also, minimum wage should not be able to feed a family. By not increasing the minimum wage to fifteen dollars an hour we can avoid bigger

Related Documents

  • Improved Essays

    Raising minimum wage will not get rid of poverty. In the article, ¨The pros and cons of raising minimum wage,¨ the author claims that when minimum wage goes up, business owners will only raise prices of the items they supply (Hirby). This will not help poverty because if prices go up the poor will still not be able to pay the for the supplies. Also, it would be harder for families to pay for bills and necessities for their family if they are paying more for items. So, if minimum wage is raised to $15 it will not cure…

    • 441 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Also, people will be less motivated to go for promotions or find a better paying job. People will have a harder time finding jobs out of high school, so people will be required to continue their education to improve their chances of finding a job. Raising the minimum wage will not help the poverty issue because people already make between the minimum wage and whatever the minimum wage will be. This will force employers to raise everyone’s pay above the minimum wage. The pay increase for minimum wage would not help reward the employees who do more than their job titles, since everyone would obtain the pay increase.…

    • 1050 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Can fifteen dollars an hour really help you for the long term? Raising minimum wage is the governments way of not having people apply for welfare. There are so my factors to raising minimum wage and seemingly the government is trying to cover those factors but as the years go on not all “acts” will stick and follow through. Minimum wage is not a career income and if the acts do last, fifteen dollars gives off the idea of not having an education all right to go by to the teenagers and young adults and that living off minimum wage is satisfactory. Businesses are forces to abide by these laws without any guarantee of business stability.…

    • 733 Words
    • 3 Pages
    Improved Essays
  • Improved 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
    Improved Essays
  • Superior Essays

    Minimum Wage Madness

    • 1272 Words
    • 6 Pages

    The question against raising the minimum wage is simple and direct. A higher wage makes it more costly for businesses and companies to hire workers (Rugless). Depending on where America stands economically, adding five-hundred thousand people to the unemployment rolls could slow down or even stop growth and maybe pushes us toward an economic recession, causing additional layoffs and pay cuts. How big of an effect does this wage spike have on the job market? Economists argue over this, but no one argues that boosting the minimum wage expands the number of unemployed workers who find jobs.…

    • 1272 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Minimum Wage Debate

    • 872 Words
    • 4 Pages

    Increasing the minimum wage makes it more challenging for businesses and companies to pay their employees. After watching “Should We Raise the Minimum Wage” I had a more clear perspective on the role businesses and companies play in regards to minimum wage. If minimum wage increases it means that businesses and companies have to pay their workers more causing a loss in profit. Their solution to avoiding this loss in profit is to fire employees. Entry level workers will be the first to be fired because they are not the source generating high profits.…

    • 872 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Companies pay for productivity, neither McDonald’s, Walmart, nor any other firm will pay its employees more than the value they create. Higher minimum wages make it harder for unskilled workers to get started in the job market. Raising the wage will make it more expensive to hire younger and low-skill workers. When people are payed more generally more than likely would be college graduates. With companies paying employees more than the minimum wage, companies are going to to be forced to hire smarter, and more educated people rather than giving a non graduate person a chance.…

    • 1843 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Supporters of increased minimum wage say that the increase in minimum wage would surge economic activity and create job growth, but in reality, businesses will be forced to lay off employees and the unemployment rate will skyrocket. In fact, companies may choose to hack it with the upkeep of an automated process instead of paying to keep an employee. Raising minimum wage from $7.25 to $10.10 would result in an estimated loss of 500,000 jobs ("The Effects of a Minimum-Wage Increase”). Also, poverty will increase because employees will receive fewer hours to work or lose their jobs. Since businesses will not want to hire an inexperienced person, getting started in a new field will prove difficult.…

    • 677 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Employers would be required to pay more money to their employees. Then the employer will pass that extra cost to the consumer. The price of consumer goods would increase across the board and this would result in inflation. With the Pew Research Center’s experiment, 3.3 million workers earned the minimum wage, creating a mere 2.6% of all the wage and salary workers in the U.S. This basically means that the majority of the workers don 't benefit from the wage increase while they deal with the higher prices due to inflation.…

    • 1327 Words
    • 6 Pages
    Improved Essays
  • 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