Raising Minimum Wage

I chose this topic because it has been an ongoing debate among Politicians and Americans for years. I also chose it because for years’ low income and families have been barely making ends meet. Single parents are unable to meet their children’s basic needs. Our society is in real trouble economically and without higher wage earners things are going to get a lot worse. I will discuss the impact low wages have had on society and why many believe that the minimum wage should be increased from $7.25 to $15.00 an hour. By raising minimum wage there are several benefits contrary to what some believe such as moving families above the poverty level. An increase in wages will also boost purchasing power for both the lower income families as well as …show more content…
Of course, there would be some job loss however, the impact would not be drastic. Not only would the low wage workers benefit by the increase in wages, the benefits would also be felt by the lower-middle class as well as the middle-class. By raising minimum wage to $15 dollars an hour, it would put money in the pockets of millions of low-income families. This would increase the economy, resulting in more cash flow for families who would in turn spend more resulting in more job openings for unemployed workers. For example, in 1996 when minimum wage was increased several businesses predicted that there would be job losses; however, there were more jobs created over the next four years than in any other time in American …show more content…
In a country as powerful as the United States there’s no reason we should have homeless families or poverty in general. Raising minimum wage to $15 dollars an hour is morally the right thing to do. It helps single mothers and low-income families to be able to so afford good daycare for their children. They can afford good housing in areas that are safe to raise their children with good schools. We can finally see an increase in the middle class and increase the economy as consumer spending would increase drastically. Employers would deduct the increase in wages from their profits instead of raising prices. This is a win-win situation and wouldn’t have a negative effect on jobs or the

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