Why we should raise the minimum wage - 1202 Words

Narin Gopaul Professor Flanagan Enc1101 8/4/2013 It s the year 2014, and we are in the state of the financial crisis which is still being felt across the nation by the majority of Americans. Many Americans who have worked on minimum wages are struggling to live on a salary that is below the poverty threshold. In 2012, the U.S census posted that in a family of three; their income is 18,552, (U.S Census). In most case, one member of the family is working on a minimum wage salary which is below 18,552, (U.S. Dept. of Labor). It has been almost a five years since congress has raised the minimum wage (Huff Post). Throughout my argument, I will share my thoughts as wells as facts on why congress should agree to raise the minimum wage. We†¦show more content†¦Inflation has also been one of the signature conflicts of raising the minimum wage. In the past 5 to six years, the inflations levels have been at 1.5 percent (CNN money). By raising the minimum wage, should not increase inflation but help it maintain its current state. When adjusted for inflation, the current federal minimum wage would need to be more than $8 per hour to equal its purchasing power of the early 1980s and more nearly $11 per hour t o equal its buying power of the late 1960s (U.S dept. Labor). That s why President Obama is urging Congress to increase the federal minimum wage and give low-wage workers a much-needed boost. When it comes to raising the minimum wage, it s an essential (U.S dept. Labour)ingredient in entering a stable economic society. Congress must raise to the challenge or face the consequences of a declining economy. With more than 70 percent of working class people working on minimum wages, the economy will surely benefit from giving them an increase. If they refuse to make an advancement towards the situation; we will make it very difficult for our future generations to raise out poverty. Help the working class people of American and pave a brighter road to our future economy. Lift the spirits of the American by giving them a raise. The cry of millions of American citizens living in poverty is most important to the economy. Whereas, raisingShow MoreRelatedShould Minimum Wage Be Raised?1062 Words   |  5 PagesTo raise or not to raise? That is the ever pressing question regarding Minimum wage. Not many subjects can ignite a controversy as quickly as that of whether or not minimum wa ge should be raised, or by how much should it be raised or if it should remain the same. What is minimum wage? By definition, minimum wage is the minimum hourly wage an employer can pay an employee for work. (â€Å"MinimumWage.com†) America’s minimum wage was first introduced by President Franklin D. Roosevelt in 1938. That minimumRead MoreMinimum Wage Should Be Raised1395 Words   |  6 PagesIn today’s society, minimum wage is an issue. It’s whether or not it should be raised or lowered. 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