Minimum Wage And The United States - 1790 Words

The controversy over what to establish as the official minimum wage in the United States has been debated and argued over for many years. Due to inflation, the gradual increase of pricings due to a saturation of printed currency, the minimum wage for workers has to be increased in order to compensate for the ever-fluctuating value of the U.S. Dollar. Many today are rising to the conclusion that a minimum wage of fifteen dollars an hour is necessary. This motion is designed to keep those who have minimum wage income out of poverty and to increase the amount of money in the consumer’s pocket overall. However, this particular increase in minimum wage will lead to the inevitable downfall of the United States’ economy and be a catastrophe for the working class. The issue at large is whether or not to increase the minimum wage in the United States to fifteen dollars. Many organizations are affiliated with minimum wage, including many corporations that implement extremely, very basic, entry level positions where minimum wage is a suitable payment; such as Wal-Mart and McDonalds. The minimum wage varies across the spectrum from state to state. In January 1, 2015 the highest paid minimum wage by state is in Washington with $9.47 an hour and the lowest is Wyoming, along with twenty-four other states, at $7.25 an hour (RaiseTheMinimumWage). The increase in minimum wage from years preceding is mainly due to inflation. If an increase to the minimum wage is called for, it must beShow MoreRelatedThe Minimum Wage Of The United States928 Words   |  4 Pagesdissertation is that the federal minimum wage in the United States (US) has been at a stalemate for several years. (Addison et al, 2013) While policy makers are undecided whether to sign a bill in to law that will increase the federal minimum wage, the workforce is held in a quandary. The inequality of wages across the country is unbalanced, because some states and various industries are exempt from the minimum wage laws. (Clain, 2012) Due to lack of awareness of the minimum wage laws, the workforce employedRead MoreMinimum Wage At The United States1129 Words   |  5 Pagesintended to raise the current minimum wage floor of $7.25 in the United States stalled in Congress. As the November election approaches, many Democratic senate members are placing the issue of minimum wage at the forefront of their election campaigns, hoping to sway working-class voters in their favor. The issue of minimum wage has become a matter of politics, politics which far overshadow the far more pertinent concern of minimum wage’s economic effects. Minimum wage is a complex issue, and understandingRead MoreMinimum Wage in the United States1244 Words   |  5 PagesIntroduction WASHINGTON D.C. President Barack Obama has shouted on Congress to raise the combined minimum wage, the centerpiece proposition at the State of the Coalition address that concentrated on commercial inequality in America. Pointing out that the present minimum of $7.25 is nearly 20% lower in real paying manipulation than it was 25 years ago, he impelled legislators to prop a bill that should hold the nationwide rate to $10.10. We additionally have to do extra to safeguard our economy distinctionsRead MoreRaising The Minimum Wage Of The United States1309 Words   |  6 PagesRaise the minimum wage: In the United States, studies show that women tend to make up a disproportionate share of low-wage workers. In the field of education, men tends to go more to STEM than women and that also leads to high paying jobs for men. If we raise the minimum wage, this will help hardworking women to support their families. Approximately, women made up two-thirds of all minimum-wage workers in 2012. Wit h the current federal minimum wage i.e. $7.25 per hour, someone working full timeRead MoreMinimum Wage And Its Effect On The United States871 Words   |  4 PagesHouse Bill 230, or the most recent bill introduced in North Carolina to increase minimum wage, was introduced by the House of Representatives on March 12, 2015. After the first version of the Bill was introduced, it was revised once. The bill was introduced because the goal of the state is to provide a minimum wage that allows for a decent and healthy life for its citizens. As the value of the American dollar continues to change, so does the average cost of living. The primary sponsors of the BillRead MoreUnited States Support Minimum Wage1079 Words   |  5 Pagessurvey results on a wide range of topics including minimum wage. Statistics and Demographic In order to begin to understand the argument at hand, one must first be understand who the people are on either side of the wage increase argument and who are the people affected by low wages and possible wage increases. In a research study done by Drew Desliver, in 2015 it was reported that 73 percent of people in the United States support minimum wage increases. This figure represents 90 percent of democratsRead MoreMinimum Wage : The United States Alone Essay1161 Words   |  5 PagesZachary Papadatos Mrs. Stockton English IV 6 November 2015 Minimum Wage In the United States alone, the amount of people in poverty is 14.5%. That equates to 45.3 million people in 2013. In a country like America, one of the world’s superpowers, it’s embarrassing to admit. But the main issue is to fix issues like these with the minimum wage and welfare. The minimum wage applies to workers who got a job whether because they were in school or because they had not gone to college and had noRead MoreMinimum Wage During The United States2290 Words   |  10 PagesMinimum wage in the United States has become an extremely controversial topic in today’s society. The cost of living continues to grow each year but why does the minimum wage stay the same? This is a question that many people are forced to ask themselves each day. Many people who hold low income jobs and can barley afford to survive must rely on government assistants. By raising the minimum wage to an amount that would allow citizens to afford living standards our natio ns economy would benefit greatlyRead MoreThe Effects Of Minimum Wage On The United States1168 Words   |  5 PagesResearch shows if minimum wage was to climb that it would hurt the least skilled and the least experienced people trying to seek a job the most. There are different of opinions people believe in about the positive and negative aspect of minimum wage. Supporters argue that such a boost will shrink poverty without plummeting jobs and that it will boost confidence, increase the normal living, and cut inequality and have businesses to be well-organized. Opponents that are not for minimum wage say it will increaseRead MoreMinimum Wage Of The United States Of America And Australia1031 Words   |  5 Pagesvarious countries see growth in their economy, there has also been significant differences in the wages set to employees in different countries. The lowest wages set by the law that are fixed to a particular amount which is also defined to be the price floor below which wo rkers shall not sell their labor, has its own effects. The minimum wage law came into force as a matter of social justice amongst the low-wage workers, also to reduce exploitation and see that workers can afford the standard basic living