Raising Minimum Wage Will Benefit Our Economy - 1576 Words

There are many people who will debate whether-or-not raising minimum wage will benefit our economy. Money is what helps us survive and acquire our necessities of life. Most children are instilled with the thought that going to school, getting a good education, and obtaining a good job would guarantee success and happiness; although everyone does not have that privilege, and may end up with lower paying jobs. Almost anyone can get a job at a fast food restaurant, clothing store, or any general job because his or her pay is a reduced quantity and was never set to support a person needs. If minimum wage is raised it could help build our economy and give those who don’t have educational backgrounds, or may not be a likely candidate for a professional job, the opportunity to still make a living. Minimum wage is not enough to pay for daily necessities, and is even less when you have a family to support; but if it is raised it would allow the workers to have better opportunity to provide for themselves and, or, their families. Sharon, a journalist, questioned whether raising minimum wage would optimally have a positive or negative effect. (Witke) Raising minimum wage may raise the cost of living and , but raising minimum wage can also help our economy thrive and lead us out of debt. I have witnessed the affects of minimum wage. I didn’t have much experience, and I was overall down on my luck with finding a job. I wanted a job so I could show my parents I could be independent,Show MoreRelatedEffect Of Raising Minimum Wage1215 Words   |  5 PagesEffects of Raising Minimum Wage The minimum wage in this country has been a controversial issue. Many people believe it will help reduce poverty and boost the economy. However, they are not looking at the downfalls this will bring to our country. This could make the unemployment population rise, it will raise prices of other things, and would have little effect on reducing poverty. Raising the minimum wage would have a negative influence on our country. This movement throughout our country isRead MoreMinimum Wage And The Wage Essay1204 Words   |  5 PagesThe minimum wage is one of the most controversial issues on our country, which is United States has been facing last ten years. There have been never ending debates over this issue until the government, company, and others party stand together, and raise the minimum wage throughout the nations. There are communities that believe raise the minimum wage has negative impact of every sector of the country. Other communities have different beliefs over the issue, raising the minimum wage helps the poorRead MoreEffect Of Raising Minimum Wage1215 Words   |  5 PagesEffects of Raising Minimum Wage The minimum wage in this country has been a controversial issue. Many people believe it will help reduce poverty and boost the economy. However, they are not looking at the downfalls this will bring to our country. This could make the unemployment population rise, it will raise prices of other things, and would have little effect on reducing poverty. Raising the minimum wage would have a negative influence on our country. This movement throughout our country is beingRead MoreMinimum Wage Is The Lowest Payment Permitted By Law Or Special Agreement882 Words   |  4 PagesMinimum Wage Minimum wage is the lowest payment permitted by law or special agreement (labor union). Minimum wage jobs are normally designated for young adults or teens. It does not really permit a suitable living wage for a person with a family. The jobs with minimum wage are learning positions. They enable the worker to gain skills for higher paying jobs. Raising the minimum wage presents a series of advantages and disadvantages to the worker and the economy. Minimum wage was introduced in 1938Read MoreThe Debate on Wage1175 Words   |  5 Pages The Debate on Wage The debate on wage is something that has become known as what I could call a very â€Å"fluent† topic among voices of people that live in the United States today. People that walk and live within the borders of this beautiful country are crying out for help from any state or government official who is willing to lend an ear and listen to what is really happening behind these closed doors. How is a family supposed to survive off a minimum wage salary and be able to support the activitiesRead MoreHistory of Minimum Wage1137 Words   |  5 Pagesdefinition of Minimum Wage is â€Å"an amount of money that is the least amount of money per hour that workers must be paid according to the law† (Minimum wage). Minimum wage, like other laws, are used to keep the economy in line. Minimum wage laws were invented in Australia and New Zealand with the purpose of guaranteeing a minimum standard of living for unskilled workers. (Linda Gorman) Minimum wage puts a price on the services one offers. Many different principles can be used to explain Minimum wage and exploreRead MoreA Full Time Worker Earn $ 5.15 An Hour1378 Words   |  6 Pagesapproximately $15,080 a year (â€Å"Minimum Wage†). That’s barely more than what students pay for housing and food at some colleges, and we expect a family to live off of this? The poverty line is at $20,000 for a family of fo ur, so how are these people supposed to raise their children in a healthy environment while working full-time to not even be on the poverty line? If this raise is done correctly, employment and prices won’t be hurt, and we will only be helping our nation’s hardest workers. â€Å"KatrinaRead MoreWith There Being So Many Restaurants Open For These Fast1096 Words   |  5 Pagesare paid the minimum to work at these occupations. With the increase in business for fast food restaurants, workers are demanding for higher wages. However, if wages were to increase, something else would have to be compensated for this demand. With the increasing demand and suggestion on increasing the minimum wage, there are many pros and cons that will result from the increase. Andrew M. Cuomo, author of â€Å"Fast-Food Workers Deserve a Raise†, believes raising the minimum wage will not hurtRead MoreShould Minimum Wage Be Raised?870 Words   |  4 PagesShould Minimum Wage Be Raised? Minimum wage has always been a controversial issue. Many politicians use the argument of minimum wage for their own political propaganda. Some may argue minimum wage should be raised, while others believe it will have detrimental effects on our economy if it is raised. Surprising to most people, minimum wage earners make up only a small percent of American workers. According to the Bureau of Labor Statistics, minimum wage workers make up about 2.8% of all workersRead MoreShould Minimum Wage Lift Millions Of Families Below The Poverty Line? Or Cause A Drop?1206 Words   |  5 Pages Will raising minimum wage lift millions of families above the poverty line? OR cause a drop in unemployment? Minimum wage today in Ga is 7.25 an hour, if a business has 6 or more workers then this minimum wage applies to the employees. â€Å"The Fair Labor Standards Act (FLSA) and Georgia labor law requires all employers in Georgia to visibly display an approved Georgia minimum wage poster, and other Georgia and federal labor law posters, to ensure that all employees are aware of federal and Georgia