Should Minimum Wage Be Raised

Decent Essays
INTRO:
1.3 Million people living on 7.25 an hour. Lately the question of Should the Minimum Wage be Raised?, has been a hot topics on lots of news networks. Its tough to think that some people only make 42 dollars a day. If this wage is not raised people will go hungry, naked, homeless, and a whole lot worse situations. However, if the wage is raised small businesses will have employ less due to a wage that is so high.

BODY: The current minimum wage is 7.25 Dollars. That's 72.50 dollars a day. With the average income in scarsdale is 660 Dollars a day. Some people want to keep the wadge the same other think it needs to be raised, so people can support their families. Let's look at the side of the business owner. Jimmy owns the hardware store

Related Documents

  • Improved Essays

    Raising the minimum wage increases cost of inputs and if we assume that businesses want to maximize profits, the business will find ways to counterattack that increase. However, many consumers that support raises in the…

    • 592 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Why Minimum Wage Should Not Be Raised: Minimum wage is one of the most discussed topics in the U.S, whether or not it should be raised or lowered. It has drastically increases since it first started at 0.25 in 1938 (Politics of minimum wage) to now 7.25 in 2009 (Politics of minimum wage). Despite the poverty rates in America, minimum wage should not be changed, because it will just be an accessory to raising production cost. Raising minimum wage would not necessarily ruin the economy, but it would raise the production costs and the pay for every employee, not only would it raise production cost, but it would also lower employment rates and raise hours worked by one person. If the employee does not meet the requirement, then the company’s revenue…

    • 349 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Raised Minimum Wage

    • 373 Words
    • 2 Pages

    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.…

    • 373 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    Dixie: I also agree that minimum wage should be higher. I think that if they would raise the minimum wage that you would see a lot of the jobs fill up. Like fast food, Walmart, and grocery stores. I think that think the minimum wage hold people from applying to this kind of jobs. Does anyone thoughts on…

    • 59 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    No matter where you live if the living cost goes up so should minimum wage. When raising the cost of living it is important to also raise minimum wage. So many people work so hard and go above and beyond just to be able to survive and take care of the their families. The government is constantly raising the cost of living so why not the raise the cost to work. You just can’t raise one and not the other because then too many people are without and won’t survive.…

    • 676 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    One of the most frequently asked questions in our country seem to be should minimum wage be raised or should it be lowered or eliminated altogether, from where I stand minimum wage should be raised. Changes to the minimum wage would strengthen the economy and business, lift Americans out of poverty. Paying people a fair wage is a sign of respect and acknowledgement of the value of people contributions to the business. Increasing the minimum wage will lower the poverty level. While an increase in the minimum wage would raise the earnings of many workers and lift some families above the poverty line, some minimum-wage workers would remain poor.…

    • 907 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Raising Minimum Wage

    • 370 Words
    • 2 Pages

    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.…

    • 370 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Raise Minimum Wage

    • 212 Words
    • 1 Pages

    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.…

    • 212 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Everyone needs money to help them with their daily life activities like eating, shopping and even paying bills. For that, you will need a good paying job, right? CATO Institute, a public policy research organization, states “Some policymakers are proposing to raise the minimum wage, but that policy would be harmful. Research shows businesses would respond to the increased costs by reducing employment, particularly for low-skilled workers” (CATO). Basically saying this minimum wage will not help anyone, and it will do nothing but damage.…

    • 2332 Words
    • 10 Pages
    Improved Essays
  • Decent Essays

    Increase Minimum Wage

    • 277 Words
    • 2 Pages

    Lately in the United States a very controversial topic has been minimum wage. Many people within the country argue whether or not it should stay the way it currently is or have an increase in how much it pays. I believe there should not be an increase to minimum wage. If there is an increase to minimum wage many fast food places would be encouraged to speed up the process of automating their ordering service to be able to save money by not having to pay workers. An increase to minimum wage will also cause job opportunity for low skilled workers and then harder to find a job that would be better for them to be able to live well.…

    • 277 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Raised Minimum Wage

    • 1046 Words
    • 5 Pages

    The federal minimum wage of the United States is $7.25 an hour. This is the baseline that all states have to abide by. This does not mean that the minimum wage in all states is $7.25 an hour but it is the baseline that each state cannot drop below. The minimum wage in the United States should be raised to at least $15 an hour in order to support the economy and increase the standard of living.…

    • 1046 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Minimum Wage Benefits

    • 249 Words
    • 1 Pages

    There have been a lot of campaigns regarding minimum wage across the country. Many state that the federal minimum wage of 7.25 per hour provides a lower standard of living because many are struggling to make ends meet. Now it is true that living off of 7.25 per hour is extremely difficult especially in certain states where cost of living is more inflated than other states, for example New York or California. The article " The Effects of Minimum Wages of Unemployment" state that using a -.1 elasticity and applying this to teenagers only, has cut employment opportunities by about 18,600 jobs. They increased this elasticity to -.02 and widened the age group to people in the 16-24 years and the jobs cut were 75,600.…

    • 249 Words
    • 1 Pages
    Improved Essays
  • Improved Essays

    Minimum Wage A hot topic across the United States is the debate about raising minimum wage. In Iowa the minimum wage is seven dollars and fifty cents. Some states have higher minimum wages but that could be due to the cost of living in that state. The United States’ minimum wage is seven dollars and fifty cents which most states follow. New York’s minimum wage is nine dollars an hour.…

    • 1764 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    Intro: The federal minimum wage is $7.25 an hour, which means that depending on where you live, working for an hour will barely buy you a Chipotle burrito (this is without guac). Because of inflation, the minimum wage today is worth a few dollars less than before. Many politicians agree that we should raise minimum wage. Bernie sanders for example said “Nobody who works 40 hours a week should be living in poverty, a job should lift workers out of poverty, not keep them in it.”…

    • 426 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    But the minimum wage remains at $7.25. If it had kept up with inflation since 1968, it would be almost $10.70 today. (Jack Quinn) The minimum wage should be increased so that people can survive. With the cost of living going up, so should wages.…

    • 770 Words
    • 4 Pages
    Improved Essays