The Increasing of the Minimum Wage - 1140 Words

It has been said that we live in an era where people are looking for more increasing on everything, and they look for the increasing every single day. One of the most political issues that are noticeable in 2014 is the idea of the increasing of minimum wage. An article that was written by a group of journalists in the Governing the State and Localities discusses this issue. They say that President Obama talked about increasing the minimum wage. The minimum wage is 7.5, and he wants to increase this number to be around 9 dollars. There is no doubt this news could bring a lot of happiness to huge number of people, and at the same time, it would rise up some social or economic problems. Although this news about increasing of the minimum wage†¦show more content†¦Some people might see the idea of increasing the minimum wage from another angle, and they see a number of disadvantages. These people consider the fact that they could be unemployed by increasing their minimum wage, an d at the same time, they do not want anything that could cause them to lose their jobs. It is the matter of fact that everyone does not want to lose his or her job especially if their jobs are the main resource of their income. For a father or a mother who is responsible to put the bread on the family table, it is hard to them to find another job if they lost theirs. There is on one wants his or her job to be at risk. One of the most reasons that some one of these people would disagree with an idea of the increasing of the minimum wage is most of the companies would rely on technology instated of them. Although that technology makes our lives better and easier, it could cause others jobs. If we go to some supermarkets, we will see that these supermarkets have replaced human cashers with computers that can do the same job. What these people points at is a lot of companies would replace them with technology in order to make their economic status better. If these companies had to pay m ore to people, they are going to come up with technology that will not cost them anything in salary wise. This issue could be solved so easily, and it should not be a threat to anyone who disagrees with the idea of increasing the minimumShow MoreRelatedEffects of Increasing Minimum Wage794 Words   |  3 Pagesa federal minimum wage is a good one. The idea is to protect low and unskilled workers and allow workers to earn a living wage. The recent debate on the floor, though, is whether or not to raise the minimum wage from the current $7.25 per hour up to $10.10. President Barack Obama made this proposal during his annual State of the Union Address, and after this there were many hot debates about it. The debates focused not only on the pro side and the con side of increasing the minimum wage, but alsoRead MoreEffects of Increasing Minimum Wage Essay988 Words   |  4 PagesThe idea of having a federal minimum wage is a good one. The idea is to protect low and unskilled workers from discrimination and allow all workers to earn a living wage. The recent debate on the floor, though, is w hether or not to raise the minimum wage from the current $7.25 per hour up to $10.10 per hour. President Barack Obama made this proposal during his annual State of the Union Address on January 28, and following this there were many hot debates about it. The debates focused not only onRead MoreEssay The Importance of Increasing the Minimum Wage634 Words   |  3 Pages An adult supporting themselves on minimum wage is hard enough, but to support a family as well can send a person plummeting below the poverty line. The set minimum wage of $7.25 is not the minimum wage we think it is. Minimum wage workers are not just teenagers taking your orders at a fast food restaurant, they are people of any and all ages trying to earn enough money to put bread on the table. The causes of the inflation of minimum wage are a conglomerate of selfish political leaders, lackRead MoreIncreasing Minimum Wage For Women And Young Employees901 Words   |  4 Pagesproblems concerning pay discrimination. This essay is going to discuss whether or not the solution of increasing minimum wage for women and young employees could reduce the issue of income inequality such that it would improve all salaries from different occupations, help single mothers to support the family, and reduce youth unemployment. The first result from the solution of increasing minimum wage is improving all salaries from different occupations. Over the last 25 years there have been severalRead MoreThe Effects Of Increasing Minimum Wage On The United States1853 Words   |  8 Pages The Effects of Increasing Minimum Wage Caroline Mattox Central Virginia Community College Introduction In 1938, the first national minimum wage laws in the United States were passed as part of the Fair Labor Standards Act, which served as â€Å"a floor below wages,† to reduce poverty and to ensure that economic growth is shared across the workforce. Today, many people who work for companies that pay at or near the minimum wage and remain near or below the poverty level rely on governmentRead More Increasing the Minimum Wage Will Reduce Income Inequality Essay1252 Words   |  6 PagesNo person can maximize the American Dream on the minimum wage. -- Benjamin Todd Jealous No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty. -- Jon Corzine Income inequality has been a major problem facing American society for decades, but has recently become a major concern. I personally believe the major gap between the income of the rich and poor is a not just, but is not a major concern for the governmentRead MoreIncreasing Minimum Wage in Puerto Rico and the Virgin Islands1167 Words   |  5 PagesEarly in the management of the FLSA, it became apparent that submission of the statutory minimum salary was expected to produce undesirable consequences upon the finances of Puerto Rico and the Virgin isles if applied to all of their covered industries. Consequently on June 26, 1940, an amendment was enacted prescribing the establishment of exceptional commerce managing groups to determine, and topic through salary instructions, the smallest salary grades applicable in Puerto Rico and the VirginRead MoreShould Minimum Wage Be Increased?1691 Words   |  7 PagesShould Minimum Wage be Increased? Introduction The term, â€Å"minimum wage† refers to a lowest payment that an employer is bound to pay to its workers. Today minimum wage is made compulsory in more than ninety percent of nations including Canada where workers are demanding to increase minimum wages for a long time. Minimum wages are revised by governments in order to met growing needs of workers. There is a difference of opinion on the issue of increasing minimum wages among people of Canada. EmployersRead MorePros And Cons Of Raising The Minimum Wage1122 Words   |  5 PagesSince 2009, the federal minimum wage rate for employees has been $7.25 per hour. In retrospect, this is hardly enough pay to take care of one’s self-- let alone a family with children. If a person were to add up the average cost of living for one week and then compare it to the average amount of money earned in minimum wage for that week, it would be apparent that there is little to no extra money for emergency situations. Increasing the mini mum wage has been a major controversial issue; DemocratsRead MoreMinimum Wage And The Wage845 Words   |  4 Pagespresidential election of 2016, low-wage workers began demanding for a raise in the minimum wage to fifteen dollars an hour. On April of 2016, governor Jerry Brown signed the minimum wage to be raised to $15–an-Hour in California by 2022. It is hoped that raising the minimum wage will reduce the economic disparity between the wealthy and the poor and to help people who earn minimum wage gain more purchasing power. However, the article California Moves Toward $15-an-Hour Minimum Wage by Alejandro Lazo and Eliot