Without them there would be more cases of unemployment. That could raise taxes on our goods, which we would have to pay more for because of the farmer having to pay more for his harvest. So without the immigrants, we think everyone would suffer the consequences of paying much higher prices, living much harder life’s, and working harder
The unions help organize and financially support the efforts of the workers to make more money. Meanwhile the conservative republicans continue to oppose raising the minimum wage citing the exact same concerns their forefathers did back in the 1930s. The reality is whether you support a minimum standard of living or not, the minimum wage as it stands is costing everyone. It drains resources from our economy by forcing workers to rely on public assistance and it cost companies too in the form of high turnover rates. When companies invest in their employees through higher wages and better benefits they realize significant savings through reduced employee
Increasing Minimum Wage The debate of whether or not to increase the minimum wage has much controversy surrounding it, but the facts support an increase. The facts show that the cost of living and inflation quickly erode the value of minimum wage without regular increases in the minimum wage. The people that would be slightly hurt by an increase when compared to the massive amount of people that an increase in the minimum wage would help is minute. Poverty in the United States is a problem that people constantly face, but with a higher minimum wage, poverty would be lessened. The many arguments for an increase in minimum wage clearly show that an increase is desperately needed in the near future.
Tieaisja Nicole Powell Unit 9 Final Project Minimum wage essay College Composition 2 Minimum wage is considered low income. It affects the lives of people making minimum wage and also small business owners. It affects the employees because the cost of living continues to rise and minimum wage doesn’t. Small business are affected because raising minimum wage would mean they would have to hire less employees and raise the prices on the company’s products. Minimum wage is unacceptable because the cost of living will continue to increase.
I chose this topic because it is a major issue in today’s economy. Many people are for raising the minimum wage. On the other hand, there are those who reject the idea of raising minimum wage. The suggested price to raise the minimum wage is ten dollars, but would that be enough to satisfy today’s economic living standards?
ll seek further employment. In this way, they will be a large part of America’s workforce. But, on the other hand, as they age, there will be an increase in the job market that is directly influenced by those retirees, such as entertainment or health care. This increase in jobs could potentially offset theers in American society, and take up a large portion of the job market. This potential economic downfall threatens to cause an upsurge in tax rates, while we see less and less available employment, in the lower-level job sectors.
As more and more families continue to fall below the official poverty line (which in 2005 was an estimated $19,971) the government feels a greater sense of urgency to fix this problem. With the inflation of everything, especially gas prices, it is getting harder and harder for families like the Flintstones to keep up with the Jetsons. The last that could be decided as a social issue has to do with my second social issue which is the economy. Sine the Bush administration has taken over the white house, the economy has not been very good in america. With most of all the U.S. funds going towards a worthless war in Iraq, americans have been feeling the heat of our poor economy.
One disadvantage to increasing the minimum wage is the possibility of a continued shortage of jobs. As the minimum wage increases, more people would want to find a job more than ever. This could cause a shortage in jobs because their still wouldn’t be enough work but the demand will be higher. The graph below shows the minimum wages from 1938 to 2007, in comparison to the poverty levels. Even though this problem wouldn’t change by the increase in minimum wage, I believe that this disadvantage isn’t that important at the current moment because it takes a while to rebuild an economy.
Obama urged Congress to raise the minimum wage from the current $ 7.25 per hour to $ 9 per hour. The advantages of this point are to reduce poverty and improve the phenomenon of low wages. However, the minimum wages increased by 24% will lead to the increase in labor supply, reduced demand and cause large unemployment. Thus, it might occur that a phenomenon of low-wage improvement, but the unemployment rate is correspondingly increased. What make matters worse is that unemployment is the most vulnerable to afford unemployment hit.
More adults looking for work just makes the problem worse. Not saying that the illegals are necessarily “taking” the jobs from Americans, it is just making it hard for anyone to find a job because the U.S. is growing in population, therefore making jobs scarce. If more immigrants came, the population would grow to a higher extent, making it even harder for anyone to find work. More U.S. citizens would be unemployed, because the immigrants are taking up a great portion of the population. I think that we should grant the illegals that already live here citizenship, then close the borders.