Should Minimum Wage Be Raised

Do You Think Minimum Wage is an Issue? Increasing the minimum wage is a big issue for many reasons. The main issues are that some employers employ fewer people, inflation, and making it difficult for low-skilled workers to find jobs. These are all big issues so we should just keep the minimum wage the same, so all of these issues would not occur and we would not have to deal with them. Currently, the minimum wage is becoming a problem and is worrying business owners. One business owner states, "Employers want to do right by their employees," Tappero said. "But you have to make a profit or you are out of business" (Sooter). This quote shows how it can affect employers because they still need to make a profit for themselves, but then at the same …show more content…
J. Brunins states, “raising the minimum wage will cause inflation. Well, is he saying that someone else has to live in poverty so he can have lower prices? (“Greed at the Top Is Driving Inflation”). This quote shows how it can affect the inflation rate and the people living it and how hard it would be just for them to live by spending so much money just for a little bit of gas or something. In general, the minimum wage needs to stay the same because whenever it gets raised, inflation goes up and then prices of almost everything go up, such as grocery stores, fast food restaurants, and almost every place prices will be raised dramatically. For example, from a study, MacDonald and Nilsson found that prices rose by just 0.36 percent for every 10 percent increase in the minimum wage. So say that gas prices were at $3 even and the minimum wage is $9 even and if it has been raised by 20 percent the minimum wage would be $10.80 and the gas prices would go up to $5.16 which is a big gap. The cost before the minimum wage raise of a twelve-gallon tank, which is the average gas tank size, would be $36 and after the increase, the cost would be …show more content…
In the text, the author states, “Employers might choose to invest in robots and automation rather than hiring new workers. When they do hire workers, employers will likely choose applicants with skills and work experience. People without a college degree will be hit hardest by these changes (3 Ways a High Minimum Wage Hurts People). This quote just shows how the minimum wage can affect the whole economy and get some people out of jobs and business owners just choose to replace them or hire the better-skilled workers with better work experience. All together, raising the minimum wage would be bad because there would be lots of people out of jobs and have no way to support themselves or their families. Other people may say that the minimum wage should be raised because they do not make enough money to support themselves and their families. Advocates for raising the minimum wage state Judy Brown, business manager at the Palouse-Clearwater Environmental Institute in Moscow, said the real value of the minimum wage has declined by about 30 percent since 1968 when the real value of the hourly rate was at its

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Minimum Wage Should Be Raised

Minimum Wage Should Be Raised