Essay on Minimum Wage Increase

1197 Words 5 Pages
A heated discussion that has only gained momentum in the year 2014, is the topic of minimum wage, and whether or not it needs to be increased. Both the state and federal levels of government are trying to push for an increase in minimum wage, effectively raising the amount people can earn, particularly those who find themselves within the lower class. Once again, at both a state and federal level, they face various amounts of opposition, who either disagree with the number being proposed, or any increase in general. Considering the upcoming bill in Massachusetts legislature about increasing the minimum wage, this is an issue that could potentially affect my future, and numerous others, either in my state or the country as a whole. Thus I …show more content…
If it increased with inflation, it would be more than $10/hour.” Yet, the average remains seven dollars and twenty-five cents, causing a call for change by the president, and state legislature like Massachusetts. (Khan, 2013) Massachusetts legislature which consist of a senate and house of representative have both voted and passed very similar bills that would increase the already above average minimum wage of eight dollar. While being similar, people like Shira Schoenberg point out the differences. “For example, the House would raise the hourly wage to $10.50, while the Senate would raise it to $11. Only the Senate bill includes an economic indexing provision so that after 2016 the minimum wage would rise each year at the same rate as the consumer price index for the Northeast.” This bill has been passed before, albeit it has been combined with a policy to support unemployment insurance system. This is critical for two reasons, as that additional policy will lower businesses expenses, as driving the minimum wage up will increase it, so it balances out. This leads to the second reason, because if the businesses aren’t on board and this bill somehow still gets past, it won’t affect much. The next step for this bill is to meet in the middle ground of what the senate and the house want, only then could it even remotely be considered for approval. As a state resident, the approval of this bill could have a profound impact on my livelihood and future. (Schoenberg, 2014)

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