...earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty”(Corzine). Minimum wage is a strongly debated topic among adults worldwide. Different states have different minimum wages, and many argue that there should be a constant minimum wage throughout the country. Minimum wage should be raised to help the single working families who make minimum wage be able to support themselves as well as limit the poverty gap. But why does minimum wage vary between different states? Why has the minimum wage changed over the years and what has caused these changes? These are the questions that people have been wondering and these are the questions that have caused protest and walkouts to occur in society today....
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...underpaid people in the United States. Wages are not based on how hard people work but on a set legislature. However there are people who cannot survive on that set standard wage. The minimum wage, which is the lowest rate an employer can pay an employee, as determined by the government, is at most times never enough to support low income families which are families living below the poverty line. These families are suffering from poverty even though the heads of households or whomever provides for the family have steady minimum wage jobs. Currently the federal minimum wage is $7.25 per hour which is clearly not enough for these families and so it should be raised. At an increased hourly wage, poor people, those living below the poverty line will be able to earn enough money to provide themselves and their families with basic necessities such as health care, food and shelter....
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...According to Webster's Dictionary The definition of minimum wage is “the lowest wage paid or permitted to be paid” (“Minimum Wage”). The big question is, should minimum wage be raised? Over the years there have been many protests in Wisconsin because of people thinking that they deserve a higher pay rate. I strongly disagree with this controversial topic of raising minimum wage because it will cause more job layoffs and cut benefits, small businesses can’t afford it, and it will reduce the worker's motivation to get a higher education. $0.25 an hour was the first federal minimum wage in the 1930’s (“Why We Should Not Raise the Minimum Wage”). Although the minimum wage has raised to $7.25 per hour since then, many people still believe it is still not high enough....
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...Structures Should minimum wage be raised to $15/Hour? The city of Seattle, Washington has raised their minimum wage this year to $15/Hour leading to a long-overdue movement toward a living wage. Many retail and fast food workers are demanding that their state follow in Seattle’s lead by raising the minimum wage to $15/Hour but many conflicts have risen due to those demands. In my personal opinion minimum wage shouldn’t be raised. Across America, the ranks of the working poor are growing. While low-paying industries such as retail and food preparation accounted for 22 percent of the jobs lost in the Great Recession, they've generated 44 percent of the jobs added since then, according to a report from the National Employment Law Project. Last February, the Congressional Budget Office estimated that raising the national minimum wage would lift many people out of poverty. Lifting the minimum wage would provide some benefits for many low-income families. The starting minimum wage in California is $9/Hour for general retail and fast food workers. General retail and fast food jobs are meant for high school and college students to get them work experience and also to teach them responsibility. Retail and fast food jobs aren’t meant to make a career out of them but are meant to be a temporary job for students. In conclusion, people shouldn’t try to make a career out of retail or fast food jobs because they weren’t design for that purpose. The workers that demand minimum wage to be raised...
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...have enough money. He had to tell his son why he couldn’t afford the item. John took his son by the hand, put the item back onto the shelf, and walked out of the store feeling sorry. He knew that his son wouldn’t get over the fact that his dad couldn’t afford it. Do you think that John should live on the minimum wage? Is it ok for people like John to live off of minimum wage and use that money to provide care for their families? First of all, the current minimum wage is not enough to cover daily needs for the average person. As a result, nearly half of the U.S population is in poverty. The minimum wage has lowered from 1968 by a third. In addition, businesses even suffer from the wage being raised. The big companies have to cut workers and for the reason have less production being...
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...Minimum wage has been a problem in many states simply because people believe that their pay isn’t enough and should be raised to support themselves and others. But why should minimum wage be raised? I believe otherwise because the US raising minimum wage can cause problems for us, don’t you think? I believe minimum wage shouldn’t be raised. I believe that raising minimum wage can destroy businesses. The government raising minimum wage can destroy those small companies that already cannot afford to pay their employees more than the minimum wage. No company would want to lose their business because they are trying to pay employees more when they know they can’t afford it. If a person really thinks about it they will be able to see that if businesses did start to pay more than the minimum wage many people can lose their jobs. In the article, For the first time, majority of states have minimum wage above federal level, Charlene Conway a co-owner of the Carousel Family Fun Center will have to lay off staff members to be able to pay more money to the employee’s “ She might have to layoff several members of her 40 person staff and totally eliminate the younger workforce”...
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...The minimum wage should be raised for a few reasons. It would improve the economic and it would help the economy recover. One problem with raising the minimum wage would be the risk of inflation. The minimum wage currently is $7.25 which is not high at all and they should raise it to a least $8.50 an hour. The first reason why they should raise the minimum wage is to improve the economic. It may seem like a random fact but confidence in the economy has an effect that: (www.tharawat-magazine.com) Stimulates spending Lowers interest rates making it easier for people to access loans and credit. Boost performance and returns in the financial market Encourages investment Improving the economic would also help us avoid the dreaded deflationary trap that has brought the japanese economy to there knees. The second reason the minimum wage should be raised is it will help the economy recover. A big part of having the economy recover or stay strong is raising people's purchasing power. If the minimum wage increased it would increase the disposal income of 28 million people which would make businesses do better....
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...Raising the Minimum Wage Over the years the minimum wage has been a talked about topic. Many people would see it as a great idea because it would help families financially. In reality raising the minimum wage would be more of a struggle rather than a gift. The minimum wage has always been a struggle for people. Many people think that raising the minimum wage will solve all of our problems, when in reality it will not. It would only reduce the human motivation. Raising the minimum wage would also eliminate jobs making the economy struggle more. There would not be enough money circulating through the economy. Raising the minimum wage would reduce human motivation, eliminate jobs, raise taxes, and make the economy go into a hyperinflation. Raising minimum wage will reduce human motivation. In a perfect world where everyone comes from a good home, and lives in society, where people are raised to strive for better. In today’s society we do not have the perfect world. We have children being raised up to where they have to find a job at a young age just to help support their family. Children being raised up in a home like this creates a loss of ambition. Imagine, only being a child getting a job at such a young age. The only thing on your mind is being able to support the family with the money that is coming in. Imagine fighting to get the education back that was lost. Imagine not being able to go to school because there is no more time or money to help out yourself. Then the...
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...Minimum Wage Minimum wage is one of the biggest controversies in todays world. In the two articles and the video, there are different ideas that are discussed. The first article that is talked over is “The argument against raising the minimum wage,” the second article is “Economists argues about minimum wages,” and the video is “Thirty Days Minimum Wage.” The one that I favor the most is “Thirty Days, Minimum Wage.” After reading the two articles and the video, I believe that minimum wage should be raised. In the first article, “The argument against raising the minimum wage,” the writer discusses why minimum wage should not be raised. For example, he states the consequences that will happen if the minimum wage was to rise; some of these include loss of jobs, an increase in consumer prices, and the likelihood of experienced workers being attracted to lower-paying jobs. If the minimum wage were to rise, many workers who have more advanced jobs might quit because of the benefits of a minimum wage job. Another idea that is brought up is the fact that higher paying and non-entry level jobs would not get paid as much. Although I am for raising the minimum wage, I do think that this suggestion is very unfair. I feel that if you went to college and worked hard for your degree, you deserve to get paid the right amount and not get a pay cut because of someone not going to college. In the second article, “Economists argue about minimum wage,” the author gives numerous thoughts on whether...
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...Why this Salary Raise is a Bad Thing Introduction: Economics has been based on multiple theories throughout history, and one of the most popular has been the free market or laissez- faire theories. This theory is based on letting the economy grow on its own without government intervention. The laissez-faire theory is logical for several reasons including, supply and demand and competition. Traditionally, consumers will only pay the amount of value they perceive the product is worth. In the same vein, an employee will only work for a wage that he deems appropriate. If the employer lowers the wage, fewer workers will desire the job. These are a few of the reasons why the free market principle has many benefits. However, in a free market there can also be market failures. Market failures can arise from a multitude of situations such as pollution, or extreme low wages in areas of poverty. In a free market, a company could cause massive amounts of pollution and not have to bear the market cost of that pollution. The society as a whole, including people who do not benefit from the cheaper product, are the ones dealing with the polluted environment. Currently our government has been discussing a raise in the minimum wage. President Barack Obama is pushing for this bill and has many supporters. A rise in the minimum wage will be a major business issue for the next year and presidential election. Pros: Raising the minimum wage some enticing benefits to the American people and...
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...The national average for the minimum wage in the United States is $7.25 per hour. This is the lowest amount that an employer can compensate its workers legally. Basically it is the lowest wage that a worker can sell their labor at. The federal minimum wage should be raised for two reasons, it keeps up with rising living costs, and it boosts the economy. But on the other side the opponents will say it increases poverty and unemployment. The first reason that the federal minimum wage should be increased is because of the rising cost of living. Raising the national living wage will allow workers to better support their families and keep up with the economy. The last time congress raised the national average of pay was seven years ago. Since that time, the cost of living has dramatically shot up. According to an article on USA Today’s website, groceries cost 20% more, a gallon of gas costs 25% more, and average tuition at a community college increased 44%, if...
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...Act(FLSA) which established the U.S. federal minimum wage to be 25 cents. After 49 years, President Bill Clinton proposed a legislation that would allow individual states to set their own minimum wage as they see reasonable. As a result, several states set their minimum wage above what was originally established by the federal government. During that time since the FLSA was passed, the minimum wage was revised every few years to account for inflation and the cost of living which includes several reductions made by Congress. As of 2009, the federal minimum wage became $7.25, although labor activists continue to debate and ask Congress to raise...
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...ENG 111 10 March 2014 The Reasons Why Federal Minimum Wage Is Raised U.S. President Barack Obama signed an executive order on February 12, 2014 to raise the minimum wage for federal contract workers to $10.10 an hour starting next year and encouraged employers nationwide to increase wages for their workers. The president also announced during his State of the Union address last month that he intended to take executive action to raise wages for federal contract workers (Mason). Order to understand this issue, we are going to understand what the Federal Minimum Wage is and when started it in the U.S.A. According to the United States Department of Labor (USDL), early in the administration of the Fair Labor Standard Act (FLSA), it started to be apparent that the use of the legal minimum wage was prone to producing undesirable efforts upon the financial systems of Puerto Rico and also the Virgin Island if put on all their covered industries. As a result, on June 26, 1940, an amendment was passed prescribing the establishment of special industry committees to find out, and problem through wage orders, the minimum, wage levels relevant in Puerto Rico and also the Virgin islands. The rates established by industry committees might be under the legal rates relevant elsewhere within the United States. In 1949, the minimum wage was elevated from 40 cents an hour or so to 75 cent an hour so for those employees and minimum wage coverage was extended to incorporate employees in mid-air...
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...reason I believe being that the federal minimum wage is too low. Minimum wage should be $15 in every state. If we want people to experience the freedom and opportunity, it can’t be done off $7.25. People have kids to provide for, colleges to attend, families to support, and so many more things. The luxury to afford to have all the “freedom” or “opportunity” the rich may have isn’t plausible for minimum wage workers. Every morning these people wake up and questions whether they have enough money for food or housing for example. Robert Reich, an American political economist, professor, author, and political commentator, made some good points on this issue. Reich also believes that the minimum wage should be $15 an hour. We both agree with federal minimum wage being hiked to $15 an hour. My reason as to why I agree with him being that Reich gives 7 very valid reasons as to why the raise should occur. The benefit over time would be well worth it. Congress instituted the minimum wage in 1938 as part of the Fair Labor Standards Act (DOL). The first minimum wage that was established was 25 cents an hour (James). The last minimum wage increase occurred in 2009, when Congress raised the rate to $7.25 an hour (AFL). The District of Columbia and 19 states have also established local minimum wages higher than the federal rate (AFL). Over the past 65 years the minimum wage has varied considerably in inflation-adjusted buying power (James). If minimum wage had been adjusted according to inflation...
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...Haigler 10.6.14 BCOM 275 The minimum wage debate is one that has been going on since we started using the term “minimum wage”. For years people have argued what amount of money is enough to truly survive on without being below the poverty line. Chances are we have all worked for minimum wage at one point or another in our life and as we grew older and had more experience we most likely went on to jobs that paid us more and used our skills more efficiently. Minimum wage is different in many states based on the states living costs such as food, rent and more. The biggest debate right now is should we raise the minimum wage to $15. Many minimum wage workers do not believe they have enough money to get by, support a family or have any fun. Although inflation is something we must deal with I do not believe we should raise the minimum wage to $15 an hour. That is just not something that should be done anytime soon! Even our military makes less than that and they are putting their lives on the line every day for our freedom and these countries citizens. I’m all for raising the minimum wage gradually and keeping up with some of the costs but $15 for an entry-level position seems a little crazy. Robert Reich a Professor of Public Policy at the University of California at Berkeley is an advocate for the wage increase and believes that in order for these employees to survive that they’d need that amount of money. I believe that with such a high wage increase, corporations would begin...
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