close
This essay has been submitted by a student. This is not an example of the work written by professional essay writers.

Discussion on Raising Minimum Wage in The U. S.

downloadDownload printPrint

Remember! This is just a sample.

You can get your custom paper by one of our expert writers.

Get custom essay

121 writers online

blank-ico

The Democratic senator from California, Mark Leno, said that no one in the Golden State should live in poverty due to not earning enough income. The current minimum wage in California is $10. 50. It will increase by a dollar per year until it becomes $15 an hour in 2022. This is microeconomic because it will reduce the employment for those workers who are not highly skilled. But this is also a macroeconomic issue. Business leaders are worried that such a big change will happen not too far from now. Just a few years left. 6 years to be exact.

McDonald’s CEO has already said that raising the minimum wage will prevent McDonalds from employing people interested in low paying entry level jobs. Libertarians are opposed to having a minimum wage because it can have a negative impact because it would create barriers to entry. Let’s say a person comes up with a business plan and he decides to hire some workers. He would not be able to hire a lot of workers because the minimum wage is high. So, chances are that his business will not be so productive. Therefore, he does not enter the industry. I myself being a Libertarian do not think it is a good idea to raise the minimum wage. The main reason is that it prevents people from taking part in the economy Raising minimum wage is necessary for lifting out of poverty, reducing mental health and raising consumer purchasing power. Also, the most of Americans, labor unions and business owners highly support raising the minimum wage.

Especially, the higher wage for workers would put the stronger foundation for the economy by increasing demand for goods and services. Hard working people would feel that their time has value and their work has been rewarded. The unhealth stress will be decline when people have enough income for their families. People will lift out of poverty to the middle class to follow the American dream. However, they need government support them by raising the minimum wage instead of giving them welfare and Medicare. As they make higher wages, they will have extra money to spend, and it will lead to increase the consumer purchase power. Business owners should give their workers a raise for recognizing their good performance, and the workers will work harder to get the job done employers. California Low-income families are waiting for their wages reaching $15 per hour by 2022 to lift out of poverty to lead to the middle class.

Remember: This is just a sample from a fellow student.

Your time is important. Let us write you an essay from scratch

experts 450+ experts on 30 subjects ready to help you just now

delivery Starting from 3 hours delivery

Find Free Essays

We provide you with original essay samples, perfect formatting and styling

Cite this Essay

To export a reference to this article please select a referencing style below:

Discussion on Raising Minimum Wage in the U. S. (2020, April 30). GradesFixer. Retrieved December 1, 2022, from https://gradesfixer.com/free-essay-examples/discussion-on-raising-minimum-wage-in-the-u-s/
“Discussion on Raising Minimum Wage in the U. S.” GradesFixer, 30 Apr. 2020, gradesfixer.com/free-essay-examples/discussion-on-raising-minimum-wage-in-the-u-s/
Discussion on Raising Minimum Wage in the U. S. [online]. Available at: <https://gradesfixer.com/free-essay-examples/discussion-on-raising-minimum-wage-in-the-u-s/> [Accessed 1 Dec. 2022].
Discussion on Raising Minimum Wage in the U. S. [Internet] GradesFixer. 2020 Apr 30 [cited 2022 Dec 1]. Available from: https://gradesfixer.com/free-essay-examples/discussion-on-raising-minimum-wage-in-the-u-s/
copy to clipboard
close

Where do you want us to send this sample?

    By clicking “Continue”, you agree to our terms of service and privacy policy.

    close

    Be careful. This essay is not unique

    This essay was donated by a student and is likely to have been used and submitted before

    Download this Sample

    Free samples may contain mistakes and not unique parts

    close

    Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper.

    close

    Thanks!

    Please check your inbox.

    We can write you a custom essay that will follow your exact instructions and meet the deadlines. Let's fix your grades together!

    boy

    Hi there!

    Are you interested in getting a customized paper?

    Check it out!
    Don't use plagiarized sources. Get your custom essay. Get custom paper
    exit-popup-close

    Get expert help for your assignment!

    We can help you get a better grade and deliver your task on time!

    • Instructions Followed To The Letter
    • Deadlines Met At Every Stage
    • Unique And Plagiarism Free
    Get your paper order now