Baker 1 Chris Baker Debra McDowell English III 12 May 2016 Controversy of Minimum Wage “Most employees are paid more than the basic minimum wage. According to the Bureau of Labor Statistics (BLS), in 2011 94.8 percent of employees who were paid by the hour were paid an hourly wage that was greater than the Federal minimum wage of $7.25” (“Digest 4”). The controversy of minimum wage is rising in the world and the people are arguing to raise it or keep it the same. Many people do not know the bad and good aspects of raising it.…
In our society there is a constant ongoing debate on how much minimum wage should be to provide a substantial life. One side saying their needs to be an increase in minimum wage, usually democrats and low income residents. Another side saying minimum wage was okay where it is, usually owners of business and republicans. Though the years the battle for how much minimum wage should be has become fiery and intense, with both sides not faltering back on their beliefs. Legislations such as the pay workers a living wage act have been introduced through this battle, affecting both sides critically.…
President Obama proposed to Congress in the State of the Union Address that the federal minimum wage should be raised from $7.25 an hour to $9 an hour. He also remarked that “even with the tax relief we have been put in place, in which a family with two kids that earns the minimum wage still lives below the poverty line….that’s wrong.”. “According to a poll taken earlier this year by the Pew Research Center, Americans are in favor of increasing the minimum wage from its current level by a wide margin (71% to 26%).” I represent one of those 71% of United States citizens who believe that the minimum wage should be raised. Raising the minimum wage will therefore rippling through the chain effect to raise the standards of living, the number of…
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…
The Minimum Wage Debate: Raise or No Raise? Despite what any one individual or individuals may say, cash does drives everything and everyone. Some, for the most part, are less lucky than others. Few make billions, some make millions, and a modest bunch of individuals are just monetarily stable when all is said and done, however a lion 's share of individuals battle to rake in enough money to keep themselves over the neediness line.…
There is a very large group of unskilled workers in the United States labor force today, and many of them do get paid the federal minimum wage of $7.25 per hour. The condition of the lower class in the United States today is at a very low point due to the immense income inequality and unemployment rates. Not only are the economic conditions substandard, but also the lower class environment. Many of them are living in very bad conditions and are struggling to make ends meet. There has been a huge controversy about whether the minimum wage is a livable wage.…
An increasingly controversial issue in today’s society is whether minimum wage should be raised. Some people think that this would be a simple solution to many of the economic issues we have because people would make more and spend more. The other side to raising minimum wage has many of the negative effects that it could cause, such as skyrocketing prices of things or small businesses going out of business. While there are both positives and negatives to both sides of the controversy, there doesn’t seem to be a simple answer.…
Many of our representatives in Washington have been discussing the advantages of adjusting the minimum wage. Many people are looking at the short term gains of having more money in their pockets. Raising the minimum wage, however, would affect the economy of the United States of America negatively, hurt the private sector, and would stunt the growth of the United States economy. Employers do not feel an obligation to hire a laborer if the minimum wage has been raised to a greater amount than the work itself is valued. Once the facts are established, it is very evident that a raise in the minimum wage would damage the recovery of the United States economy.…
As the years go by, we realize that raising the minimum wage is a constant issue many people are struggling with, especially those in the fast food industry and organized labor. There are several groups around the United States who are trying to convert this idea to a reality. The reality is that the topic of minimum wage never gets to the hands off congress. Since according to the article “5 facts about the minimum wage” claims only “Large majorities of Democrats (90%) and independents (71%) said they favored such an increase, Republicans were more evenly split (53% in favor and 43% opposed).” It is very difficult for minimum wage to be passed when not even the whole government agrees with this.…
For those who work hard every day and on their feet all day, it is time for a minimum wage increase. The first minimum wage was only twenty-five cents an hour. The very last increase was in 2007 where it went from $5.15 to $7.25.This is considered below average but the highest minimum wage is in Washington which stands at $9.19 an hour. Today protesters are arguing and demanding that the federal minimum wage should be raised. This is not just a teen problem nor does it just contain fast food workers.…
The minimum wage debate has been a disputed topic in the United States for many years since it was first implemented. In 1938, President Franklin D. Roosevelt signed a bill allowing for a federal minimum wage to be set (Grossman 1). 70 years later, many minimum wage workers and other government officials want to implement a 15 dollar per hour minimum wage. While the current federal minimum wage is $7.25 an hour, the negative impact of the economy explains why it should stay that way, if not be reduced or eradicated. In states that have implemented a higher minimum wage, there are already statistics to prove the economic decline.…
The minimum wage is a controversial political issue. Americans’ views on the minimum wage law vary widely; some citizens believe that it should be abolished entirely, others think that the minimum amount should be expanded to match the rate of inflation. Raising the minimum wage does not come without its issues. However adjusting the minimum wage to match inflation, the United States would see an increase in economic activity, a reduction in poverty, and a reduction in race and gender inequalities.…
There are many topics up for debate when discussing our economic policies. One of the most significant of these topics is whether or not our government should raise the national minimum wage. Many people promote a raise of the minimum wage, while others believe that there will be a downpour of negative economic effects stemming from the increase in minimum wage. We have gathered information to help understand what the effects will be when the minimum wage is raised. The supply and demand of labor will surely be among the things effected by a raise in the minimum wage.…
Table of Contents Introduction 2 Arguments For 2 Arguments Against 3 The Overall Effects (summary) 4 Conclusion 4 Table of positives and negatives 5 References 6 Performance-Based Pay: Should the Minimum Wage be abolished? Introduction Over time, market analysts have been inquiring about on the need and impacts of minimum wage on people groups' lives, which is known as “minimum wage.”…
The debate of the effects of minimum wage on the economy have been going on since its inception in 1938. The vast amount of time the theory was that increases in the wage would have a negative effect on unemployment and reduce the amount of employees per business. As the minimum wage has increased and even by more in some states, that theory have become less accepted. New data shows that businesses are able and willing to make other changes so that increased salaries do not have the negative effect they would expect. One of the biggest arguments for the increase is that it would reduce costs because it would reduce turnover and have more productive workers.…