Should government raise the minimum wage? Minimum wage is the lowest wage permitted by law or by a special agreement (such as one with a labor union). Minimum wage was established due to a response in rough conditions for workers to ensure that businesses pay fair wages to their employees. Off course it would be nice to get a higher minimum pay but honestly it’s not the best decision for the country. With a higher minimum wage there will be a lower need for jobs and workers. Instead of raising…
candidates have opposite point of views towards the minimum wage. Historically, Franklin Roosevelt introduced the Fair Labor Standard Act to end a socioeconomic unfairness; a time when entire families, including children, worked for long hours in hazardous factories to barely afford expenses. The new law revolutionized the work industry into our current forty hours a week system, benefits, overtime, the abolishment of child labor, and the federal minimum wage. The recent Great Recession in 2008…
election quickly approaching, the minimum wage has become a hot issue of debate among both Democratic and Republican candidates. Due to vast the social justice and economic implications contained in the idea of minimum wage laws, opinions on the issue range across a wide spectrum. First, there are those who are proponents of a minimum wage as a means of combating income inequality and promoting economic belief. Typically, proponents see a raise in the minimum wage as an opportunity to stimulate…
that is not even minimum wage, and thier tips. Some believe that servers should be paid a minimum wage pay check along with thier tips, others disagree. I can see how raising an hourly wage to a minimum wage can be beneficial. As of 2014, the Economic Policy Institute has reported that servers are bearly making living and have to rely on tips to pay the bills. What would happen if you had a night that was quiet? Would you still be able to pay for your needs on just a hourly wage pay check? I…
has been a problem regarding the amount of regulation that government can posses over the citizens. People have different opinions about governmental control because some view that governmental control restricts one’s freedom. Some also argue that minimum promotes unemployment even though…
The proposal to raise the minimum wage has caused controversy within many states across the country. Politicians, business personnel and economists have evaluated the circumstances and consequences of raising the minimum wage. Supporters believe raising the minimum wage will have lasting benefits, while opponents argue further economic and social complications could arise. Even though both sides of the argument can be justified, it appears an increase in the minimum wage will do more harm than…
eliminate many entry-level jobs and raise prices of goods and services. For example small owned restaurants who already have a minimum crew members workers will be forced to cut down and even layoff more workers. At the same time, if the employee earns more money they will spend more money which supporters of Prop. 206 state will even out the issue. Increasing the minimum wage will give low- income families more money to spend, and that money will end up in state tax that can end up back in…
earn more money by raising wages are attractive; however, raising the wage will hinder success as a whole. Research shows that raising that wage can be a catastrophic move for everyone, including the consumer, employee, employer, and even the economy (Wilson). Consumer product prices can skyrocket as a direct effect of a wage boost (Wilson). A study conducted in 2004 showed a 4% increase in consumer goods' prices and its correlation to a 10% increase in the minimum wage (“Four Reasons”).…
The minimum wage law was signed in the year 1938, under the Fair Labor Standard Act by President Roosevelt. The first minimum wage was $0.25 per hour which is equivalent to $4.18 today. The minimum wage law was signed to have fair labor standards (Patton). But how fair is it to push people to live in squalor? Absolutely unfair. The majority of the people directly affected by low wages are from the age group of fifteen to twenty-five. Raising the minimum wage would mean higher earnings for…
Today there are people wanting to raise the minimum wage to $15 dollars an hour due to the rising cost of living and being in tough financial binds. Some people find themselves unable to tie loose ends because their job just isn’t cutting it. It has been primarily blamed on the jobs paying them $8/hr and not being able to survive on it alone. But could there be another culprit causing people 's wallets to feel light? Poor decisions, family upbringings, and unwillingness to get a better job are…