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What are the solutions to poverty paragraph
Solving the problem of poverty
What are the solutions to poverty paragraph
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The Benefits of Raising Minimum Wage If the minimum wage is increased, will that affect our society in a negative or positive way? “The immediate benefits of a minimum-wage increase are in the boosted earnings of the lowest-paid workers, but its positive effects would far exceed this extra income” (Cooper & Hall, 2014). In our nation now a lot of lower income workers are treated unfairly. They are giving a treatment of worthlessness, and this needs to change because it affects our nation. This treatment is very unethical everyone deserves fair pay and respect because a lot of the time they are out there trying to provide for their families and themselves. A person who works full time to provide shouldn’t get paid minimal amount because of the …show more content…
Example being a 15 dollar minimum wage makes sense in the State of California where it’s expensive to live but not in a state like Michigan where it’s cheaper to live. This should be about being able to afford where we live not raising the minimum wage. Raising the minimum wage over four to five years is a good solution because it gives time to employers to adjust to the wage hike and cuts down on the possibility of job losses or job hiring freezes. Minimum wage is meant for people to become wealthy of off but I believe that minimum wage should be able to provide us with the necessary finances for a decent living. It shouldn’t be working minimum wage and taking all the government handouts possible to be able to live in good conditions, this affects our government and the people as well. This brings me to my second solution, raising minimum wage over a period of time or better put increments. This gives time to the financial institutes that back businesses and small business to be able to cope with the rise. I believe companies want their employees to be happy so raising the minimum wage would be all good but only if it doesn’t affect their business. Given the right with increasing the minimum wage, it could possible benefit both employee and
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
Understanding the basic concept of minimum wage is important for every single individual. We all live in this world together, and it is obvious that there is an order. In order to continue our lives and afford our basic needs, we all need to work and gain wealth. As the old adage says ‘‘There ain’t such a thing as a free lunch. ’’
Minimum wage should be raised to at least $15 an hour. Doing so would benefit lower classes of people greatly. Higher minimum pays will keep people from doing illegal things for money, give them more money to spend, and it would make minimum wage do what it’s intended to do.
Minimum wage is a topic that has been popping up since the 1980s. From whether we should lower it, or even raise it, but now in the 2000s minimum wage has been the center of attention more than ever. There are two sides to this topic of minimum wage; whether it creates more jobs or does not create jobs. Those who argue that raising minimum wage will create more jobs will have a rebuttal which is that it does not only cause the loss of jobs but that it would make things much worse and vice versa for those arguing raising minimum wage will cause loss of jobs. There will be two authors representing opposite views, Nicholas Johnson supporting minimum wage will not cost jobs with his article “ Evidence Shows Raising Minimum Wage Hasn’t Cost Jobs”
Like Ehrenreich says "someday [...] [people] are bound to tire of getting so little in return and to demand to be paid what they're worth. There'll be a lot of anger when that day comes" (273.) I think this is so true. Minimum wage is way less than what a family can live on. If a person is working, pay them the amount of money required for them to have a good quality life and for one to provide for their family. Instead of paying for the people that don't bother getting jobs, pay more to the people that are doing the work.
One way raising minimum wage will be beneficial is that it could lift many Americans out of poverty. Raising the minimum wage in Illinois, would help the families of more than 1.1 million workers who work to meet their children’s basic needs and “reduce the adverse effects of poverty on a child’s well-being” (Fiscal Policy Center). Studies have shown that raising the minimum wage would help 1 in 5 Illinois families who are in poverty. By raising the minimum wage in Illinois, it would help workers with families spend money on food, housing, gas, and other needs without going into poverty. Along with puling Americans out of poverty, raising the minimum wage could also stimulate economic growth. Raising the minimum wage, is stimulating economic growth by worsening the income inequality and substantially reducing the employee turnover for the business. Increasing a person’s income would raise their yearly earnings by $3,640 and “Improve the economic security and reduce the economies poverty rate” (Fiscal Policy Center). Low-wage workers spend most of what they earn on their basic needs, which is quickly spent and does not leave the worker with much money left to spend on other needs. This boost in the minimum wage will stimulate the economy and help create opportunities for more people, by hiring more workers to keep up with the
On April 4, 2016, California Governor Jerry Brown signed a bill that would significantly raise the minimum wage for California workers. By 2022, California 's workers will receive a minimum wage of $15 per hour (Kurzweil, Anthony, Sara Welch, and Kareen Wynter). Brown signed this bill because employees cannot live above the poverty line if their minimum wage is not proportional to the cost of living (Scheiber, Noam, and Ian Lovett). The purpose of the minimum wage is to ensure that workers can provide essential amenities for themselves and their families. Many economists have been in a debate about this topic with mixed feelings, whether increasing the minimum wage would be a reasonable legislation or not. For most average American workers, at first, the idea of raising their salaries might make them feel thrilled and optimistic. However, increasing the minimum wage will have its pros and cons effect on the economy. Despite numerous of arguments from both sides, a compromise can be met regarding minimum wage.
All in all minimum wage should be increased. Every decisions made by the federal government has its disadvantages. What action doesn’t have its disadvantage? Raising minimum wage benefits majority of the population and that’s what everyone should be thinking about. This has been an argument for years and some states in the United States has raised their minimum wage, all we need is for other states to do the same, so everyone can benefit from it
Raise it to 10 dollars an hour such so we don 't hurt virtually anyone then states or cities should raise it to where it helps the maximum amount of people without hurting any company 's. It 's always better to weigh your pros and cons and in this case there are so many pros and so little cons to raising the minimum to at least ten dollars it would be stupid not to raise it. There will always be people who say raising the minimum wage will only hurt us. That 's true but only when you raise it to high and raising it up to 10 dollars is just high enough to give states wiggle room to actually help their citizens. Also it will give bigger states with bigger economies to allow for an increase while smaller states with smaller economies can still grow without being damaged . The best solution is to have every american citizen happy and getting more out of
Over the years the cost of living has been on the rise. Therefore, it is only right for minimum wage to increase as the cost of living increases. Many states and even some individual cities have taken the first steps toward raising the minimum wage. States like Washington and cities like San Francisco have already raised their minimum wage above the federal minimum wage. This is a very good start as it is becoming harder and harder for Americans to start and take care of their families. We need more states and cities to follow their lead some more Americans can feel more financially stable. This will make a better America for us all.
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 ...
Some think that the minimum wage should not be raised, but others think that the minimum wage should be raised. If one had to be chosen, raising the minimum wage would be better. The minimum wage should be raised because if you were to work full time on minimum wage, you are below the poverty line; Also states that did raise the minimum wage above the federal standard have had more job growth than states that did not. Finally, "Minimum wage workers are much more likely to immediately go out and spend that extra money in the economy," says Heidi Shierholz of the Economic Policy Institute, which favors raising the minimum. "That's because they're often living paycheck to paycheck."
On the other side of the argument Americans believe that with the increase of minimum wages it would help Americans out a lot more. One possible way that the increase in minimum wage may help an individual out is in the article Minimum wage Pros and Cons, “The Economic Policy Institute stated that a minimum wage increase from the current rate of $7.25 an hour to $10.10 would inject $22.1 billion net into the economy and create about 85,000 new jobs over a three-year phase-in period. Though this may be true, one problem
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.
Many critics claim that that raising minimum wage increases unemployment, especially for unskilled workers, and harms small businesses, including grocery stores and restaurants. The argument declares that companies such as these rely mostly on unskilled workers for labor, and if the minimum wage increases, then their profits and, therefore, hiring would decline, creating a...