Because many want to work, have family, but no degree; a lot of businesses open their doors when they can monetarily! “By setting an artificial minimum on wages, lawmakers unintentionally raise the unemployment of the most disadvantaged and make it nearly impossible for teenagers and other unskilled citizens to enter the labor pool,” says Stephen Chapman spouting openly concerning the argumentative pay raise(3 Meisner, et al). When the hourly wages go up the small business doors tend to close. Raising the minimum wage does nothing for them other than causing the cost of living to go up, and causes them to pay a little more in income tax. Just those two ideas alone put them having less money in the aftermath of the raise, than they did before this cold remnant of fairness hits too
The cost of living would have to go down if there were to be no set minimum wage otherwise more and more people would become poverty stricken by the sudden loss of income. The unemployment rate would increase greatly if we were to abolish the minimum wage because no one would want to work for less than what they were being paid for working the same job. If no one wanted to work the same job for lower pay then the businesses would start going out business. It would just be a big domino affect that would cause more trouble than good at least for the American citizens anyway. Illegal immigrants would have a hell of a time with all the job opportunities opening up.
Unfair Taxes Under Obamacare The Obamacare decision that was made two weeks ago was an outrage to many people including myself. The only group of people it seems to benefit is the poor people on government assistance and now myself and every other hard-working tax paying American are going to have to foot the bill. I realize that many people have legitimate problems finding a job and supporting themselves but there are also a lot of people out there just working the system because they can and now Obama is only going to make that easier for them by taxing the people that do work for their money. I was absolutely shocked by the amount of taxes Obamacare is imposing when I was researching it. I was also surprised to learn that a lot of
Unions gave their workers benefits such as healthcare and workmen compensation. The only thing wrong with the workforce today Is that workers do not have any power. There are millions of people unemployed right now. Which means everyone is replaceable. What one man won’t do millions of others will.
Overproduction in America became a big problem due to technological and industrial advancements which left producers with too much supply, and not enough demand from consumers. Due to advancements in technology, production was at an all one high in America. Farmers were able to use new techniques, but began producing product too fast for it to be purchased. This overproduction left producers with too much product and a need to offload, so prices were driven down. As prices were driven down to the lowest point to create sales, this caused problems for the economy.
How is that life? Mindlessly putting in your hours at a job that will make you work full time and offer you no benefits or even a decent work environment. Life? There are opportunities for everyone to pursue happiness; many do not know how to get out of poverty because it is all they have ever known. Katherine Arnoldi talks about how she has a job that can provide her with the basic needs in life, but the job that she is working in isn’t something that she wants for the rest of her life.
Some great examples are the great depression and even today's recession. So many people in this country today are struggling to find steady work. Many of these people are highly educated that come from very well off backgrounds. A lot of these people are taking jobs that might pay a quarter of their previous position. This is the reason why so many people in today's economy are losing their possessions through foreclosure or having to file for bankruptcy just to keep a vehicle or house to live in.
Many think immigration should be stopped and many think that it should be welcomed. “More than one million immigrants enter the United States, legally and illegally, each year” (Masc, 2010 p.1). The debate has been going on for years, and most are concerned about the American economy. While we believe the migrants are helping to boost our economy, many worry that immigrants are taking jobs that would otherwise be available to unemployed American citizens. Many push for stricter laws at the border but according to Rep. Tom Tancredo “the reason we do not have secure borders is because of an insatiable demand for cheap labor, we have the ability to secure the boarders, we choose not to” (as cited in Katal p.
Zoe Rathgeber ECON 102 Position Paper April 17, 2012 There are many working Americans who earn the minimum wage. Countries throughout the world uphold minimum wage laws, which shows that the minimum wage is important to policy makers. Finding the connection between minimum wage and job loss is one of the most pressing matters for economists. Raising the minimum wage would be detrimental to the economy and has become one of the most significant problems economists and blue-collar Americans have faced during the recession today. A higher minimum wage is detrimental to local economies as well as many workers through increased unemployment, lack of skills and an inability to further careers.
Many people work hard for years to become a citizen and some don’t even become a citizen. They also take jobs away from United States citizens because they work for less. The average American working man is the one who is taking the biggest hit for illegal immigration. In tough economic times, we cannot afford to pay for non-citizens let alone are citizens. The United States of America pays _______