Raise Minimum Wage

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“ 96% of American workers earn higher than the minimum wage.” This is a lot and this is why the minimum wage shouldn't be raise. There are many bad reasons for raising the minimum wage. The prices of things will raise, people will lose their jobs, and there will be more competition for jobs.

Some people think that if we raise the minimum wage it will be better for the economy and people, but really they are wrong. If we raise the minimum wage maybe the economy will get more money but that would mean businesses will increase prices. In the video, Economics: Is raising the minimum wage a good idea? Learn Liberty, it says that raising the minimum wage will cause a higher raise in prices which will cause people to lose money. This is a bad thing for people and their families because prices were already high and this will just make it worse for them. So it might be good for the economy in some ways but it is really bad for the people. …show more content…
According to the Aforementioned CBO report they said that “From 2013 it was estimated that half million jobs will be lost if the federal minimum wage was raised to $10 an hour.” This is terrible for employees families since it is already a struggle to raise a family. Also it says that “1.4 million jobs were lost in the early 2000's when the minimum wage was raised 30%.” It is true that all stores need employees, but if they raise the wage they will lose what they need the

Raise Minimum Wage

Minimum Wage Has To Be Raised The Government should raise the minimum wage to 15$ because it would make a difference to the poverty in the United States. Their are many many people living day by day or homeless around the world. The United States hasnt really done anything about it. The last raise was in 2014 when the minimum wage was raised to 9.00$ the hour. Now people are protesting all over the world to raise to 15$ an hour. Many people are counter arguing because they dont want the government…

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How To Raise Minimum Wage

raising the minimum wage is a bad thing. So hard to live on minimum wage, it’s always been that way. But wait until you hear what I have to say about raising it. While it’s nice to think about more money in your pocket, you need to think about in in a whole other way. Minimum wage should not be raised. The minimum wage we have is pretty okay the way it is now. The current minimum wage is $7.25 an hour. When the prices of food and other supplies went up, so did the need for a raise of the wage. Raising…

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How To Raise The Minimum Wage

Raising the federal minimum wage have many benefits, one of them is that it would help reduce economic inequality. As workers get paid a higher wage, they would most likely spend more of this money in new cars, houses, or even furniture; thus causing economic growth. Poverty is a major factor in economic inequality. Raising the minimum wage would enormously decrease the proportion of poverty by providing more money for workers. Also, a higher minimum wage would result in a low unemployment rate since…

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The Minimum Wage: To Raising Or Not To Raise, By Mike Patton

In the article The Minimum Wage: To Raise or Not to Raise by Mike Patton, he talks about raising the minimum wage of labour, and its detrimental effects on businesses. The article raises some good points about how the increased costs of labour would hurt small businesses, with evidence provided by account of a restaurant owner. Even though the author is right about some of the issues in the article, he makes assumptions that are not entirely correct. Some examples of this are his assuming that most…

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Minimum Wage Should Not Be Raised

Raising minimum wage such a good thing? The raise in minimum wage is a scary thing for many workers. People may think a raise in minimum wage is a good thing, but there are many bad things that can come from raising minimum wage. One reason why raising minimum wage could be detrimental to many workers on minimum wage is many of the people working for a company getting paid minimum wage would end up getting laid off because of the company's lack of money. Also another reason raising minimum wage would…

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Raising Minimum Wage

Some, however, think that the minimum wage should not be increased. The phenomenon that is ‘raising the minimum wage’ is relatively new and often times people and cities are uneducated and are unaware of the full effects of raising the minimum wage. “The fight for 15 dollars is a relatively new phenomenon” (Saltsman, 2017, p. 2). Because this is a new problem for America, it often leads people to believe it is in everyone's best interest to raise it, however it could lead to extreme consequences…

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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…

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Should Minimum Wage Be Increased Essay

family and is barely surviving off the minimum wage. The minimum wage should be increased because as the prices go up on food and items we need more money to be able to buy them. Second, as the pay is the same as it is right now we still have families that barely can survive on what they are making. Third, if we raise the price on minimum wage that means the higher it is the less jobs there are open because these companies have a lot of money but if they raise it they can't pay everyone the same amount…

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Raising The Minimum Wage Analysis

Do you think it is a good or bad idea to raise the minimum wage? ) In an article entitled, “Raising the Minimum Wage Is Still a Bad Idea.” Written by Ramesh Ponnuru, this author gives reasons as to why raising the minimum wage is a bad idea. Conversely, another article written by Andrew M. Cuomo called, “Fast-Food Workers Deserve a Raise.” Gives his reasons as to why raising the minimum wage is a good idea. Ponnuru believes that raising the minimum wage is a bad idea because he believes that it…

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minimum wage Essay

Professor Dobie Final Persuasive Draft 23 April 2014 $7.25 equals two gallons of gas, a couple of school supplies, or a fast food meal. With this current minimum wage you must work one hour to earn these small necessities. This seems like it isn’t even worth your time right? It may seem like this, but I would have to most certainly disagree. The minimum wage should not be raised because it does not reduce poverty, it kills jobs, it leads to fewer jobs for young people, and it causes prices on nearly every…

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