Increasing Minimum Wage Essay

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Minimum Wage
Weather or not to increase minimum wage is currently a hot topic. Some feel that minimum wage should be increased while others say no. Minimum wage is the lowest wage payable to employees. Minimum wage should not be increased because if it is a lot of current minimum wage workers will be forced out of their jobs and could possibly lose everything.
“The minimum wage makes it illegal for workers to have a job paying less than the minimum wage, and it keeps employers from hiring anyone for less than the legal minimum wage even if people are willing to work for less. If the current minimum wage for low-skilled workers is $7.25 per hour, and Congress mandates a minimum wage of $9 per hour, workers who earn less than that will not
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Without a job, they will become dependent on government to take care of them. Rather than creating good work habits and improving their opportunitiesto get a better paying job, they will be at a dead end. High unemployment rates for teenage workers are because of the minimum wage and the fact that over qualified people can only get a job for minimum wage. The minimum wage also leads to low-skilled workers becoming discouraged and then they stop trying yo get a job. Larger businesses may like an increase in the minimum wage because it will reduce competition from small businesses, just like how unions favor a higher minimum wage to protect their jobs. If the minimum wage causes a company to make less money, there will be less investment in their company, and job growth will slow down drastically. The best way to stimulate the economy and create jobs is to expand free markets, not by increasing minimum wage.” (James A. Dorn). Therefore the minimum wage should be left alone. The economy will grow with things the way they are. An increase in the minimum wage is not nessisary for economy growth.
On the contrary, raising the minimum wage could have positive side effects. “There’s a sense today that we, as a country, are dividing into two Americas. On one side, corporate stockholders and owners of capital become increasingly wealthy as profits and dividends continue to rise. On the other, ordinary workers get higher levels of education, work longer hours, and

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