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Raising the Minimum Wage

50 an hour. This amount will be able to support and have a small family live comfortably. They will also be able to afford basic medical insurance and live in secure housing without a lot of government support. Along with wage increase benefiting people's lives, it will also help the economy. When the recession hit, people had to close their businesses and they lost a lot of money. If we were to raise minimum wage people would have money to spend on luxury items and activities. This would help the economy because people could re-open their businesses and sell things that aren't particularly necessary to have. .
             Another benefit is that people will have a little extra money to put aside from everyday living to start paying back debt. If people aren't making enough money they will start to use credit cards and add to their money troubles. Every little bit counts and if wages can be raised then things will start to be paid off. Raising minimum wage will not only help people socially and economically but it will also help them mentally. People work long and hard all week long and don't have much to show when they get their paycheck on Friday. If people were making more money they would feel more self-worth. The value of work is much deeper than just making money. People want to feel good about what they do no matter what it is. They want to feel like they have a purpose in life. This is hard because not everyone has his or her ideal job and even if it's not what you want to be doing, that doesn't mean you aren't doing a good job. .
             Minimum wage is a contentious issue because it is debated in a wide and eclectic audience. Minimum wage is at the heart of the economist's interest. Countries all over the world maintain minimum wage laws. For this reason, it is of obvious importance to policy makers. Because those that tend to earn a minimum wage are disproportionately from low income and minority families, the minimum wage has attracted attention from social activists as well.


Essays Related to Raising the Minimum Wage

1. The Problem with Minimum Wage

Business owners believe that raising the minimum wage will kill jobs and hurt the economy. ... Raising the minimum wage will raise wages for twenty-eight million workers by thirty-five billion dollars (Room). ... Therefore, a raise in the minimum wage will be helpful to the economy, and also to workers. With a raise in the minimum wage, many families can better support their children economically. ... I strongly believe that minimum wage should raise. ...

  • Word Count: 1916
  • Approx Pages: 8
  • Grade Level: High School

2. Why The Minimum Wage Should Be Raised

Republicans have supported legislation aimed at raising the minimum wage over a period of three years, while the Democrats have supported legislation aimed at raising the minimum wage over a much shorter period (Rosenbaum). ... As a result, a minimum wage increase would serve to raise the average earnings of black families. ... Raising the minimum wage would be the best way to deal with the fundamental financial problems a middle-age single mother making minimum wage. Opponents of a minimum wage raise also make the claim that a raise would reduce employment among inexperienced workers (Rank...

  • Word Count: 1068
  • Approx Pages: 4
  • Has Bibliography

3. Raising Minimum Wage - A Poor Decision

The effect of a raise in minimum wage to fifteen dollars on a business would be a harsh blow to them as a whole. ... With a raise in minimum wage, the small and less profitable businesses would be hit a lot harder than some of the bigger companies. ... Secondly raising minimum wage to fifteen an hour we would be making people lose their jobs and hurt our fragile economy even more. ... Well a raise in minimum wage help them then? ... So do not raise minimum wage to fifteen an hour before the consequences are thoroughly examined. ...

  • Word Count: 1093
  • Approx Pages: 4
  • Grade Level: High School

4. Minimum Wage

Congress and the president have raised the minimum wage over time to reflect changes in the cost of living. ... The second reason I think minimum wage should be increased is because it would raise the standard of living by bringing more money into each household. ... My last reason I think we should raise minimum wage is because I think it will cut the poverty level. ... Congress and the president have raised the minimum wage over time to reflect changes in the cost of living. ... My last reason I think we should raise minimum wage is because I think it will cut the poverty level. ...

  • Word Count: 1032
  • Approx Pages: 4
  • Has Bibliography
  • Grade Level: High School

5. Minimum Wage

Minimum wage must be raised for us to survive in our very modern society. The minimum wage must be raised today because the cost of living has gone up drastically. ... Because the cost of living has sky rocketed, it has become almost impossible to raise a family on a minimum wage job. ... Minimum wage would raise the wages of many workers and increase benefits what disadvantaged workers. ... By raising minimum wage you are encouraging a more educated and skilled person to come work for you. ...

  • Word Count: 924
  • Approx Pages: 4
  • Grade Level: High School

6. Minimum Wage

Raising the minimum wage is an overdue pay raise for working families. Working families deserve a raise which would restore the value of the minimum wage to its level in 1982. Raising the minimum wage will strengthen Social Security and Medicare and pay down the debt by 2013 for future generations. ... The minimum wage is an important tool in raising the floor for low-income earners. ... This initiative is I-688 and it gives minimum wage earners an immediate 33% raise by bumping the state's current $4.90 an hour to $5.70 an hour. ...

  • Word Count: 1052
  • Approx Pages: 4
  • Has Bibliography

7. Minimum Wage

As time went on, the minimum wage increased. ... In 1996, President Clinton raised the minimum wage to five dollars and fifteen cents and hour. ... The federal minimum wage didnt stop individual states from raising the wage. ... All these Unions are behind minimum wage and behind an increase in minimum wage. ... There are plenty of minimum-wage jobs our problem is we dont have higher-than-minimum-wage jobs. ...

  • Word Count: 1001
  • Approx Pages: 4
  • Grade Level: High School

8. The Economy and Increasing Minimum Wage

Firstly, raise the minimum wage to keep Americans out of poverty. For example, in the article "Raise the minimum wage," the author explains how indexing the minimum wage works. ... For example, in the article, "Raise the Minimum Wage", the author portrays that raising the minimum wage will help the struggling economy. The Author states, "Raising the minimum wage is now more important than ever. ... Also, raising the minimum wage would benefit college students the most because the age group affected by minimum wage is above 20. ...

  • Word Count: 1212
  • Approx Pages: 5

9. The Case for Raising the Minimum Wage" by David Cooper

U.S news article, "The Case for Raising the Minimum Wage " by David Cooper, exemplifies a perfectly written article that shows why we should raise minimum wage. ... Stern's article only lists opinions and ideas as to why raising minimum wage would be smart. ... Cooper clearly states his reasoning as to why he wants to raise minimum wage. ... Stern's article, "Why we need to raise the minimum wage, " immediately jumps to the point and says America is in poverty strictly because of low minimum wage. ... Overall, David Cooper's article "The Case for Raising the Minimum Wage " is mu...

  • Word Count: 1307
  • Approx Pages: 5
  • Grade Level: High School

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