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Essay the minimum wage debate
Effects of raising the minimum wage
Essay the minimum wage debate
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I have seen in the news that you’re wanting to raise the minimum wages in the state of Florida. If this is true I believe you should reconsider. This would only hurt our economy more than it already has been. I know you wouldn’t want to do that, now would you? The cost of gas, houses,food, and transportation will all go up if you make this happen. I like seeing gas at $1.77 I don’t want it to be any higher. When people see that people are making more money they will think “oh well they have the money to spend it I might as well jack the prices up.” Which in all honesty wouldn’t change anything. People will have a bigger paycheck, yes. But when you have to buy the things you need and they are higher in prices. That big fat check of yours won’t
Many people against raising the minimum wage create arguments such as, “it will cause inflation”, or, “ it will result in job loss.” Not only are these arguments terribly untrue, they also cause a sense of panic towards the majority working-class. Since 1938, the federal minimum wage has been increased 22 times. For more than 75 years, real GDP per capita has consistently increased, even when the wage has been
This article gives you a yes and no opinion on whether or not the F...
Poverty continues to grow in America. The average minimum wage in the United States is $7.35 an hour- far too low in today’s society. Key expenses, for example, gas and housing prices, have gone up significantly since the minimum wage was last changed in 2007 (Wagner 52). The laws creating the minimum wage were intended to improve the standard of living and decrease poverty. Raising minimum wage is a vital step in decreasing poverty and giving every family the opportunity to survive and succeed. Millions of hard-working Americans are below the poverty line and need an increase in pay. Minimum wage must be raised because it will diminish poverty and assist the working class to support their families.
"When we talk about the kind of folks whose lives will be made better by raising the minimum wage, we're not talking about a couple teenagers earning extra spending money to supplement their allowance. We're talking about providers and breadwinners. Working Americans with bills to pay and mouths to feed."
If everyone paid the same percentage rate on their income, the poor would wind up paying a greater total amount of their income than the rich.
"No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty."
At least sixty percent of all Americans are employed at some kind of job. Nearly fifteen percent of the American population live in poverty. That percentage could be decreased if the amount of working Americans made a little extra money in every pay check. Many people work hard for their money and a large amount of their money is taken from them and given back to the government. There are many qualities that a person could possess that would entitle them to a raise in pay. Good employees are hard to find in this day and age and if one is found, they should be rewarded and appreciated. Someone would deserve a raise because they are good at their job, they offer a lot to their field, and they have a lot of experience.
... in better shape today we would be making more than $7.25. But the value of a dollar is not worth what it once was. I believe that today minimum wage should be raised because everyone will need to have health insurance because it became a law in 2014.
Because all economic brackets are taxed equally under a flat tax, earning more money is no longer discouraged. Because there are no more marginal tax rates, people will have incentive to work more without worrying that the extra money they make will be taxed higher. It is said that the economy would grow by 5.
Since its inception, the minimum wage has been a hotbed for debate. If today’s leaders could manage to increase minimum wage, millions of families would benefit.
"Raising the minimum wage will benefit about 28 million workers across the country. And it will help businesses, too - raising the wage will put more money in people's pockets, which they will pump back into the economy by spending it on goods and services in their communities." -- President Obama
Who here works a minimum wage job? Now who here that works a minimum wage job wants minimum wage to be raised? Well the following things what I’ll be saying in this speech might change your mind. Unemployment rates will increase. Why you make
About “75.3 million people ages sixteen and over worked for hourly wages in 2008, according to the U.S. Department of Labor’s Bureau of Labor Statistics” (“Minimum Wage”). Meaning almost a quarter of the workforce in this nation are working a minimum wage job. Numerous people believe that these workers are not able to make ends meet, and increasing the minimum wage will help these individuals substantially. Even though people believe that increasing the minimum wage will benefit the society, they tend to overlook the drawbacks of increasing the minimum wage, and how it will prove to be detrimental to the society. People believe that increasing the minimum wage will reduce poverty and improve the living standards of the individuals.
“Of course, nothing helps families make ends meet like higher wages. … And to everyone in this Congress who still refuses to raise the minimum wage, I say this: If you truly believe you could work full-time and support a family on less than $15,000 a year, go try it. If not, vote to give millions of the hardest-working people in America a raise.”
Minimum wage has been a topic that has divided our nation for a while now. Some say there should be an increase in the minimum wage while others say the should not be. In my Argument today, I will be in support for the raising of the minimum wage. If the minimum wage is to be increased, it will provide low-income family with money to spend. Furthermore, the more people spend, the better the economy so raising the minimum wage will boost our economy. And finally, raising the minimum wage will reduce the gab between the rich and the poor, which is also an issue in our nation.