Essay On Federal Minimum Wage

Words: 814

Pages: 4

Open Document

The Federal Minimum Wage
What does The Federal Minimum Wage mean to you? The Federal Minimum wage is the lowest wage permitted by The United States of America. No matter where you live in the U.S, no business is allowed to pay you under the Federal Minimum Wage. The current Federal Minimum Wage is $7.25 an hour. In the past few years, there have been opposing arguments on the Federal Minimum Wage. Some people say it should be lowered, some say it should be kept the same, and some say it should be raised. Most people in America, including me, feel like the Federal Minimum Wage should be raised. The Federal Minimum wage should be raised because it will boost the economy, help working families, and help businesses thrive.
Whenever the Federal Minimum Wage is increased, our economy does better. Professional Economists have found that whenever people get paid more, they spend more, which stimulates our economy. According to John Wihbey, “a substantial increase in the federal minimum wage is likely to have broad effects, with some studies predicting that it …show more content…
Most people would say that is a bad thing, and it would cause the businesses to have to raise their prices for their products. That is false, and it has been proven by professional economists. According to Ross Eisenbrey, “two thirds of surveyed businesses were in favor of raising the minimum wage” (2). If businesses pay their employees more, then they get taxed less. Also, it takes more money from the top of the business like from CEO’s who make 300% more than employees, and gives it to the bottom of the business, making it a more functional and thriving business. Not only that, but if employees are paid more, they will work harder, which benefits the business as well. It also gives businesses a better appeal to consumers if the consumers think that the business is a fair and effective business to its

Essay On Federal Minimum Wage

Mathew LaFrance Federal minimum wage has a significant impact upon workers and business owners as it increases. “The federal minimum wage was introduced in 1938 during the Great Depression under President Franklin Delano Roosevelt” (“Should the Federal”). The federal minimum wage is a set national wage across the United States. Since 1938, the federal minimum wage has increased 22 times. Increasing the federal minimum wage will hurt small businesses and create more competition among teenagers.…

Words 575 - Pages 3

Minimum Wage Research Paper

Mrs. Coleman 8th Hour Writing 25 April 2024. Should Minimum Wage Be Increased? Minimum wage has been a problem in the U.S. for a long time now. People have been arguing about minimum wage prices. Procon states that some people believe the minimum wage should be raised, while other people say it shouldn’t. To begin with, raising the federal minimum wage would allow people to buy basic living expenses.The text states, “The current minimum wage is not high enough for people to afford housing.” Homes…

Words 266 - Pages 2

Raising Minimum Wage Research Paper

In 1938, the minimum wage was 25 cents per hour. The minimum wage is not a living wage to raise kids or even really by yourself. Read this essay if you want to read why we should raise the minimum wage amount by at least 2x. First, the minimum wage is no longer a living wage of $7.25 an hour. The minimum wage was never a living wage. Full-time employees who only get paid minimum wage can not buy some of the necessities such as a house, healthcare, and transportation. And if you worked 40 hours a…

Words 440 - Pages 2

rethorical analysis-barack obama Essay example

JD Thompson 6-10-2015 English 112 Rogerian ESSAY There are a lot of issues that the American people care about, but when it comes to money, the issue that ignites a passionate and national debate is the federal minimum wage. The discussion has caused a national outbreak of protests from even the lowest skilled workers of the American economy. In 2009, the federal government decided to raise the minimum wage for first time in 47 years which according to government websites is at 7.25 per hour. The…

Words 502 - Pages 3

Ethical Minimum Wage Issue

The Minimum Wage Issue: An Ethical Standpoint A $15 minimum wage is not enough to live on. The average American family working minimum wage every weekday does not meet the living standards in the US. With rent rising as time passes, 15 dollars is going to become less dependable. From a moral standpoint, the lowest amount of money people make should be enough for the basics that will be covered in this essay. What percentage of Americans working minimum wage are living in poverty? 14 percent of working…

Words 1028 - Pages 5

Waffle Now Case Study

The employee wages at the Albuquerque Waffle Now should be raised to meet the federal minimum wage for non-tipped employees. Doing so would prove highly beneficial to the employees, and could provide a boost to the business. This essay will examine the arguments presented by the Waffle Now server and by the Waffle Now manager, before showing that the former position is correct. Servers employed at Waffle Now are, in some cases, unable to earn a living wage. The letter written by a Waffle Now employee…

Words 655 - Pages 3

Minimum Wage Research Paper

Research Essay Minimum wage Jacob R Pettry Zane State College Minimum Wage As early as 6.00 am in a dark and cold morning of Midwest winter, a few people walking on an icy sidewalk. Under chilling wind, those people walk to a large, old building. Inside the building, the people work for repetitive, backbreaking low waged jobs. In the same day, late at night, you can see similar scene: some people walking out of the building under heavy snowstorm. Like all workers, they feel exhausted after…

Words 1396 - Pages 6

Unemployment: Unemployment and Small Businesses Essay

Ivan Castro 4/21/14 9 AM Mr.Miller Essay 4, Draft 3 A report from the economic news report had a house hold survey states “In March, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Both measures have shown little movement since December 2013. Over the year, the number of unemployed persons and the unemployment rate were down by 1.2 million and 0.8 percentage point, respectively.” The Bureau Labor of Statistics states…

Words 895 - Pages 4

Barbara Ehrenreich's Nickel And Dimed

Getting by in America. New York, Metropolitan Books, 2001. Ehrenreich’s tale of a low wage life offers insight into the world of poverty; One of which often goes unnoticed. She addresses the brutal reality of a full time job accompanied with no health care, no benefits, and enough pay to barely make it through the night. To find out for herself if it was actually possible to have a substantial life on minimum wage, Ehrenreich leaves her well-off world behind in exchange for one too many people are…

Words 1068 - Pages 5

Our Tired Our Poor Our Kids Analysis

never know what it is like to have a home. The issue among our homeless grows each year leaving mothers and their children without a place to stay. The number of homeless children is increasing due to abuse in homes and of the lack of welfare. In the essay “Our Tired, Our Poor, Our Kids,” the author Anna Quendlen writes to share the hardships these children have living on the streets and between shelters. Mothers and their children living in a room the size of a master bedroom share beds, dressers,…

Words 684 - Pages 3