We Need to Raise Minimum Wage Essay - 541 Words

A bill increasing the current minimum wage is greatly needed, and our government officials should demand a raise due to the increase in the cost of living, as it’s no longer realistic. We need higher paying wages for all, middle and lower class income levels. Without some sort of help and support from our government the economy will only get worse. Students will not be able to afford the cost of school and living. Single family households will not be able to support their selves. Some argue that if an increase in minimum wage is passed businesses will raise the prices of goods and services to help compensate the cost of pay raises. The cost in goods and services is already on an increase due to the high host of gas/oil, yet we are†¦show more content†¦If you can’t provide for yourself making the current minimum wage, then there is something wrong. Do the math, and don’t forget to include the new Obama Care required health care insurance that you will nee d to add to your monthly expenses, because most minimum wage jobs do not provide insurance. In the past, when minimum wage has been increased people making over minimum wage also received an increase. I was one of those people who received the raise the last three times minimum wage was raised. I was thrilled to be told by human resources, that I was getting another raise after I already received my yearly raise. Nevertheless, minimum wage has not been raised since 2005, here it is 2013, and the prices of goods has increased significantly in the last 3 years alone. The higher price in fuel has increased the cost of goods and services already, yet the current minimum wage has yet to increase. How are we supposed to provide for ourselves? It’s omniscient that the economy is in bad shape, it’s been like this for a while and I don’t see it improving anytime soon. People are spending less because they can no longer afford the high cost of goods without a pay increase . Some states have elected to increase minimum wage on the state level, and more states should jump on the band wagon and join them. In fact, the state I live in Mississippi, is one of the poorest states in theShow MoreRelatedBenefits Of Raising The Minimum Wage908 Words   |  4 Pagesour modern society one of the seemingly least controversial topics is the minimum wage. The popular opinion wants to raise the minimum wage, but is the popular opinion always right? Throughout recent years, politicians have made promises to raise the minimum wage to help low-income earners live a better life. Contrary to popular belief, raising the minimum wage actually hurts low-income earners and low-skilled workers. We must first define a low-skilled worker. A low-skilled worker does not meanRead 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 MoreMinimum Wage Should Be Legal940 Words   |  4 PagesMinimum wage is now at a steady $7.25 per hour and shows no sign of increasing anytime soon. There are states right now at the time that are trying to raise the minimum wage, and see how this will effect the economy of the area. As prices continue to increase in every day expenses, it becomes hard for us to keep up and be able to provide for our family or get even the basic necessities that we may need. People are saying that with more money, they will spend more back to the economy, thus helpingRead MoreMinimum Wage Increase Or Will It Remain The Same?1398 Words   |  6 Pagesis, is the minimum wage going to increase or will it remain the same? Let s go back in time to where it all started in 1938. President Franklin D. Roosevelt set the minimum wage to twenty-five cents an hour. FDR had a great statement about minimum wage and it s not for little kids. The statement proposes no business which depends for existence on paying less than living wages to its workers has any right to continue in the country (Olsen). This is the original thought behind what we now knowRead MoreThe United States Systemic Process Of Waging For Labor1402 Words   |  6 PagesUnited States systemic process of waging for labor. Raising the minimum wage is currently one of the biggest issues in the economy today where most economists are at a bias. This minimum hourly wage has been through an array of changes that have led us to a high raise of $10 come 2018. I chose this topic because I strongly believe in an equal income for all part-time workers. Even though we were previously informed that Hawai‘i’s minimum is supposed to eventually get to $10.10, it isn’t quite fairRead MoreMinimum Wages During 21st Century America1649 Words   |  7 PagesMinimum Wages in 21st Century America In the United States the time has come for the next president to be elected and the political fervor has come early this year with an unconventional, surprisingly interesting primary race. With the coming of a new commander in chief the incessant grilling of the candidates has begun and issues, such as poverty in the United States, are being given the national spot light during debates. The issue of poverty has recently gained traction among citizens as wellRead MoreWhy we should raise the minimum wage1202 Words   |  5 PagesFlanagan Enc1101 8/4/2013 It s the year 2014, and we are in the state of the financial crisis which is still being felt across the nation by the majority of Americans. Many Americans who have worked on minimum wages are struggling to live on a salary that is below the poverty threshold. In 2012, the U.S census posted that in a family of three; their income is 18,552, (U.S Census). In most case, one member of the family is working on a minimum wage salary which is below 18,552, (U.S. Dept. of Labor)Read MoreThe Minimum Wage Debacle1320 Words   |  6 PagesThe Minimum Wage Debacle â€Å"I could be easily replaced by someone tomorrow for less money.† What a dispiriting statement. I was told this from a coworker in October of last year. This coworker has worked for the same grocery store for over twenty years. His remark caused me to formulate many questions about the ethics of business. More specifically though is the question of how this can be a bigger problem than I had originally thought. I have worked many low end jobs, and have seen firstRead MoreMacroeconomics: Should Minimum Wage Be Raised?823 Words   |  4 PagesCase for More Than the Minimum Wage, written by Peter Coy on February 13th, 2014. The article starts with talking about President Obama’s 2014 State of the Union address calling for an increase in the minimum wage to $10.10 per hour. There was also a reference in the 2013 State of the Union address, but at that time it was to raise the minimum wage to $9.00 per hour. Where do these numbers really come from? Are they arbitrary or is there an economic rationale? The minimum wage has been on politicalRead More America Must Create Jobs Essay1475 Words   |  6 PagesPrices everywhere are on the rise as wages are declining drastically. Class division has never been more distinct. Of those lucky enough to have secured the multiple jobs needed in order to maintain their subsistent existences, most make only a minimum wage, established by their state’s laws, which is then harshly taxed upon. Life is hard enough in our dying superpower of a nation, but even worse for the work force of America that must survive on minimum wage. It is an offending disappointment that