Should Minimum Wage Be Increased Essay

986 Words 4 Pages
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…
With companies having to pay their employees more money they will have to increase the price of their products. Furthermore, with the price increase, the employees will have to pay more even though they are making more. This increase of minimum wage would overall have no effect on how we live beside just decrease the value of the dollar. For example, most people have had their parents or grandparents talk about how when bread used to be five cents. If we look at how much bread is now and how much minimum wage is we can see how inflation has already …show more content…
For example, fast food restaurants are already creating kiosks that customers can order their food on. These kiosks would not only be cheaper but eliminate human error by having no cashier. This would allow these businesses to hire fewer workers while being able to pay them the increased wages. Another option is for a business to cut hours of their employees, even more, to make up for how much they are paying them. Furthermore, most minimum wage jobs require very little training and intelligence of their employees which makes most of them replaceable and disposable. Another example is the automotive industry with their employees on the production line. Most of these workers make more than minimum wage but are already being replaced by machinery that does a better job and does it faster. This allows the company to only hire workers to operate and fix the machinery. Most people would say that companies are heartless and do not care about giving jobs to people. But people forget why a company exists and that is to make money not to give jobs to people. Companies hire employees to make more money and if hiring too many workers does not make them more money they will not hire more workers. Furthermore, our society has been fooled to think that companies can just create jobs. The main source of the problem is the media talking about how companies are greedy or when they have to cut jobs. The

Related Documents