Controversy Of Raising Minimum Wage
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. Ultimately, it will be up to the government to make most of the people happy, while others will be mad. To understand the controversy of minimum wage, a person must first understand the history, why it should be raised …show more content…
When it comes to life, every decision will have pros and cons, but when it comes to minimum wage America has to choose the decision with the better cons that will override the cons (Harkin). Raising the minimum wage is the biggest argument in the government to this point. Raising the minimum wage would allow those that are in debt to get out of debt. People will never agree on minimum wage because most people are making way above the minimum wage and others are not. Most Americans think that raising minimum wage will reduce poverty, but yet do they know that raising the minimum wage will not do anything to poverty (Sherk). Workers that work hard and long hours should be able to feed and house their family (Harkin 18).
Raising the minimum wage would hurt the economy more than help it. State hourly minimums range from $7.50 in Arkansas to $9.47 in Washington state (Desilver) These states function well without the minimum wage at ten dollars an hour. Raising the minimum wage would increase prices of everyday living items. This would just erase the effects of the raise. The wage has been raised five times in the last four decades (Desilver). The economy has not worsened or heightened because of these raises. This is proof that a wage that stays consistent still works in the economy …show more content…
Employers that pay higher wages for work that is producing the same at a lower wage has a better chance of going out of business (Sherk). As a business is built, then it can pay higher wages. Expecting small business owners to pay a large wage on the first day before knowing
Baker 4 what an employee can do, will just enhance the chance of the business not succeeding (Sherk). Workers should be paid for their talents and hard work.
In conclusion, there has been a history of arguments on whether the minimum wage should be raised or not. There are positives and negatives for both sides. I believe that minimum wage should stay the same, because if a worker is a good employee, then he should get a raise by working hard. I also believe it should be raised, because it would make minimum wage workers feel more important if being paid more. To solve the controversy, the minimum wage should stay the same or, the government should have a scheduled raise on the minimum