Should Minimum Wage Be Significantly Increased in the...

The minimum wage was set in a federal mandate back in the 1938, by President Franklin D. Roosevelt, to have a minimum hourly wage set across the United States. The bill is known as the Fair Labor Standards Act (FLSA). It was founded to boost the low-income families and provide some money to the full time workers. In its original form, the bill first covered about 38 percent of the workers in America such as covering the workers in the mining field and transportation industry. As we became more technologically advanced it starting covering the airplane industry by 1947 and construction sites by the early sixties. In America today, the FLSA has covered close to 85 percent of the American workforce (Wilson, September 2012). The FLSA†¦show more content†¦The government knows this and yet by telling us lies and things we want to hear we believe them and vote into office people that don’t need to be there for our countries sake. Everyone wants equality on this stage and wan ts to make money for themselves and their business. People should learn nothing in this world is free and if it seems too easy to be true than more times than not it is. Studies have shown that raising the minimum wage since the beginning have found that minimum wage hurts the poor and make the rich even more wealthy. When raising the minimum wage it tends to take away the low skilled and younger worker jobs for college and even high school students. Also, it keeps people on well-fare, and encourages people to drop out of high school. The findings in many articles all say the same thing that I will ultimately be saying in this paper. Raising the minimum wage will not help people, when wages are increased you will see that employment across the nation will decrease exponentially. People that are not well educated like high school dropouts, some criminals that are in the working field and many other teenage workers will all be let go from the current job. In the first year alone, when minimum wage was mandatory, it resulted in 30,000 to 50,000 jobs lost in the first. The facts are out and still happen every year that minimum wage is raised. History spe aks forShow MoreRelatedThe Minimum Wage Should Be Legal905 Words   |  4 PagesRise in minimum wage has several impacts apart from unemployment. The minimum-wage workers would have to pay more taxes and receive fewer benefits if they are subjected to rise of minimum wage. The federal marginal rate for tax is 32 percent on an average for low earning members. This would amount to almost one third of the income of a worker. The tax rate is quite high for low paid workers. The rise of minimum wage would also reduce some of the advantages and leverages that the low-wage workersRead MoreThe Effects of a Minimum Wage Law655 Words   |  3 PagesWhat are the Effects of a Minimum Wage Law? A minimum wage is the lowest amount of money per hour that the government of the country assigns employers to pay their employees. The minimum wage is based on an idea that the employers have a responsibility for their employees to live in a reasonable standard of living. The minimum wage laws have directly effect to most industries because of the potential of decreasing their budget. As a result, the minimum wage is still an issue that people researchRead MoreWe Need to Raise Minimum Wage Essay541 Words   |  3 PagesA bill increasing the current minimum wage is greatly needed, and our government officials should demand a raise due to the increase in the cost of living, as it’s no longer realistic. We need higher paying wages for all, middle and lower class income levels. 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There is an ongoing debate in government as to what the minimum wage should be. Stuck at $7.25, Obama has suggested raising the minimum wage to $9.00. Depending on a person’s perspective, raising minimum wage could be positive or negative. Minimum wage has the ability to change lives, and change the economy. Small businesses and unemploymentRead MoreMinimum Wage Conflict Theory1501 Words   |  7 PagesChristopher Ferraro Law and Society 10/10/17 Minimum Wage Argument Marx s conflict theory has a very distinct ideology, it is stated that it mainly focuses on the causes and effect of class conflict between the bourgeoisie and the proletariat. The Bourgeoisie represented the members of a higher society which held onto the majority of the wealth and means also known as the owners of the way of manufacture and the capitalistic. 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