It is well known that each year, the value of the United States currency has decreased and the price of goods has increased. This inverse relationship is what leaves many families across the United States struggling to provide for themselves with the inability to afford basic needs to live a sufficient lifestyle. There is a rate of inflation every year meaning prices go up on goods and dollar value goes down, but people working entry level jobs living on minimum wage have received the same pay for the past 7 years. With minimum wage being $7.25 since 2009, there are many families that find themselves struggling to provide. Each year that the federal minimum wage rate remains the same, prices continue to rise and the hardships for the less fortunate …show more content…
In order for people to be able to support their families with ample resources necessary for living a healthy life. A research study found that “if one works 40 hours a week, 52 weeks a year at $7.25 an hour, that means an annual income of $15,080—assuming no time off and no sick days” which lies below the standard of poverty which is at $16,020 according to the US Department of Health & Human Services (Smith). Some may believe that the people in favor of increasing the federal minimum wage are just lazy people who do not put much effort towards earning enough for their families, however it is proven that with the current minimum wage for a full time job without days off, is still considered below the poverty line for a 3 member family. With the average family having two to three people, it would seem obvious that a higher minimum wage would give these people the ability to support themselves. In addition to these people being unable to support themselves and those they care for efficiently, Single-parents especially face hardships with having the ability to provide for their loved ones. A single mother explains how “when you work a low-paying job, you don't earn enough to be a good mother.” She continues explaining how she doesn’t “mind giving 100 percent to my employer, but [she] should also give 100 percent to my family, and a $7.25 wage doesn't allow that” (Perez). With the current minimum wage, the people especially of single-parent families, relentlessly are putting forth their best effort and still falling short of being able to provide a satisfactory upbringing for their children. It is quite evident that there are many people currently in the work force, giving their best effort towards making enough to provide for those they care for, and are constantly still falling short. In order to award those
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
The minimum wage was, as it should be, a living wage, for working men and women ... who are attempting to provide for their families, feed and clothe their children, heat their homes, [and] pay their mortgages. The cost-of-living inflation adjustment since 1981 would put the minimum wage at $4.79 today, instead of the $4.25 it will reach on April 1, 1991. That is a measure of how far we have failed the test of fairness to the working poor.” (Burkhauser 1)
Imagine working under poor conditions for over 40 hours a week to afford basic human necessities only to remain nothing more than a cog in a corporal machine seen unworthy of livable wages. While this may seem unrealistic, it proves as reality for many lower class Americans. Minimum wage has seen a drastic decline in relation to the inflation of living costs, an issue addressed in Lew Prince’s, “The American Dream Needs a Fair Minimum Wage”. In the article, Prince, a business owner, states, “... in 1979, the minimum wage was $2.90 -- that would be $9.50, adjusted for inflation in 2014 dollars”. Even with this information, many americans above the poverty level line argue against an increase in wages. Although opinions often
Currently, in the United States, the federal minimum wage has been $7.25 for the past six years; however, in 1938 when it first became a law, it was only $0.25. In the United States the federal minimum wage has been raised 22 times since 1938 by a significant amount due to changes in the economy. Minimum wage was created to help America in poverty and consumer power purchasing, but studies have shown that minimum wage increases do not reduce poverty. By increasing the minimum wage, it “will lift some families out of poverty, while other low-skilled workers may lose their jobs, which reduces their income and drops their families into poverty” (Wilson 4). When increasing minimum wage low-skilled, workers living in poor families,
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.
Obviously minimum wage has increased significantly since 1968 where it was at $1.60 but, how much has it really increased in connection with inflation and rising prices of things such as food, gas, land and etc? That is what's really lost in the whole conversation of increasing minimum wage to give people more money doesn't necessarily mean you can buy more. Senator Tom Harkin made a great statement regarding inflation senator Harkin said "today, tens of millions of hardworking Americans who are earning at or near the minimum wage can’t even aspire to live a middle-class life or achieve the American Dream. Instead, they are falling further and further behind" (Harkin). This is because of inflation, although minimum wage has increased from $1.60 in 1968 to $ 7.25 in 2013 we actually have less buying power. What that means is that $1.60 in 1968 would get us more food than $7.25 would in 2013. People are tricked into thinking that small incremental increases are good because we are making more, guess what we're actually making less. If we kept that $1.60 wage today and indexed it to account for inflation minimum wage should be at $10.56 in 2013.
In recent years the minimum wage has been a heated topic. People want to hike it up to 15 dollars an hour which they call a living wage, while others just want to keep it the same. There are also others that suggest to bring the minimum wage to around $10.78 an hour, which should be around the minimum wage now if we account for inflation from the 1960’s. I agree with that to a certain point. We as a nation need to bring up the minimum wage only up to ten dollars so that less people are living in poverty, and not any higher so that states with smaller economies don 't crash and burn.
The minimum wage today has a lot of issues; some people say it is not enough to live comfortably. Many agree that there needs to be an increase in minimum wages and by doing that it can help with our issues of poverty. Statistics show that a worker who is full time and earning minimum wage makes only $15,080 a year, which is under the federal poverty line for a family of two. (Gitis, 2013) The problem with that is $15,080 is not a sufficient amount that a person can live and grow on. “A family of two can consist of a mother and son or daughter, father and son or ...
If there is only one main source of income in the home and that person is only making minimum wage do you think it’s hard on that one person? I believe it is because just think about it, after all that hard work to get that one check you only made enough to pay all your bills. That money you just worked two weeks for is gone in the snap of an eye due to you making too little. "The fact is, almost two-thirds of minimum wage workers are adults, and four in ten are the sole bread winner of their family” (The Case for Raising the Minimum Wage). Most households rely on people that are making minimum wage and half the time those checks aren 't even enough. "The President 's proposal to increase the minimum wage would raise wages of more than 5.7 million working women. This includes more than 950,000 African-American women and 760,000 women of Hispanic origin” (The Case for Raising the Minimum Wage). By the president pushing towards making wages higher it will help all the single moms out there because there 's a one-fifth population in America of single moms. "In short, as people age they gain more skills and experience. The resulting higher productivity pushes their wages up” (Boudreaux/ Williams). If an employee has worked for a company for a long time they gain more experience over time and become better at the job. That 's one way people in poverty can take notes on and
Minimum wage has been around for ages. Minimum wage employment was a temporary condition for people earning little payment until they moved on to a better paying job. These jobs helped build résumés, experiences, and skills for a better career. It has become the easiest way for people to receive easy pay. As years went on that idea began to demolish into a job that many families can get to survive and pay for their expenses. There have been many arguments going on, "Should minimum wage be raised or should it be lowered or eliminated altogether?" This action has its pros and cons. It can benefit many families as living cost has gone up, price for education is rising, and college students are in huge debts. It may increase poverty, but those
It is very difficult to live in America if you are living off of minimum wage, and many Americans are living off of it today. Raising minimum wages has its benefits like gaining more money to live better, but people do not see the down side of the increases in wages. With the increase in minimum wage, it also causes the cost of living to increase. How can this help the economy or help people? Minimum wages in America should not be increased because it will cause cost of living to increase, reduce employment, and cause businesses to lose money and workers.
A person working at minimum wage will only make about $10,700 a year. When rent, groceries, bills and gas are all added up, it appears to be a nearly impossible task to keep a family afloat. But working 40 hours a week at $5.15 an hour, one makes less than $206 a week after taxes. Making $206/week, one brings home about $824/month. Adding 17 gallons of gas at $2.20 a gallon in a car; the cost ends up to be about $38 a week, $152/month. The gas and electricity bill about $120, $50 for cable, $147 for property taxes, $45 for the telephone bill, $25 for water, and $42 for house insurance. All this totals about $580 (Abrams, H). Making it difficult to afford cable, and make the smallest payment possible on all the bills causing one to slip into debt. This is reality for many of the people in the United States. At the current minimum wage level, a full time, year round minimum wage worker in 2005 will earn $5,378 less than the $16,090 needed to lift a family of three out of poverty (Minimum).
The minimum wage being too low has been a public issue in America for generations. Basically, the debate includes two different opinions. Firstly, people who want to raise the minimum wage, and second, people who would rather is stay the same. The overwhelming majority of liberals are on the side that favors a raise. Additionally, a somewhat smaller proportion of conservatives favor the change as well, but for different reasons. The liberal opinion on raising the minimum wage is based on the idea that putting more money in the people’s pockets, will stimulate the economy, and decrease poverty. The problem that conservatives and liberals alike have with this, is that a few direct consequences are proven to apply when raising wages. Some proposed consequences include unemployment, inflation, and unfairness to higher educated people. Another main point is that raising the minimum wage is thought to helps small business by increasing worker satisfaction. This issue of minimum wage has become increasingly popular and important in current times, as president Obama has proposed the idea of raising the minimum wage of contract workers to 10.10$ per hour (about a 30% increase from the current 7.25$ per hour minimum wage). A large number of people consider this wage hike unnecessary due to the fact that today’s value of minimum is higher than it has ever been since the 80’s, and because the wage hike comes at too high of a cost. All things considered, the issue of raising minimum wage is not a battle of political parties and their agendas, its really a debate between everyone.
For many people in the United States, life is no more than a regular work cycle. Members of working class usually have a High School diploma and may work in a low skilled occupation or manual labor. Most of the enjoying age of this people is spent in working, as they don’t want their new once to have a life they struggling through. Therefore, this essay will argue that minimum wage should be increased federally to $15/hour by 2017. Firstly, if taxes touches the sky, why should the minimum wage be on the ground? Increasing minimum wages would also create new opportunities for education as the students wouldn’t have to work crazy hours. Likewise, many couples won’t have to work multiple jobs in order to manage the household. Lastly, it will lift
For the past three decades minimum wage has been seen to rise several times. Only helping some but more than anything harming most. So who are the ones feeling the effects? Certainly not the wealthy, it never is them, mainly it would be the working poor, unskilled and teenagers. Raising minimum wage would cripple the public even more than what it would actually help.