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Essay on raising minimum wage helps economy

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Please join StudyMode to read the full document. Minimum wage must be raised for us to survive in our very modern society. The minimum wage must be raised today because the cost of living has gone up drastically. Education is essential today, and that price tag has increased drastically in the past twenty years as well. People should not have to fight for equal pay for equal work.
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Raising the Minimum Wage

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Raising Minimum Wage Essay - Words | Help Me

This MLA style research paper discusses the issues surrounding increasing the minimum wage in America. It covers the possible effects and barriers of economic and job growth, poverty, and inflation. This essay was written at the undergraduate level to serve as a sample for the Ultius blog. Minimum wage began at twenty five cents per hour and has since been increased twenty two times. Twenty nine states, in addition to the District of Columbia, have a minimum wage that is higher than the federal minimum wage. Currently, raising the minimum wage is a popularly debated topic; particularly with the upcoming presidential election. While many believe that the people deserve to work full time and be above the poverty line, others feel that an increase in the federal minimum wage would do more overall harm than good.
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Increasing the minimum wage would help, not hurt, the economy

If the costs of goods rise the amount of sales will drop which is simple economics this would bankrupt businesses as a result of being required to pay their employees more, but are making less money. The idea behind raising minimum wage is to make it so more people aren 't in poverty, but raising the minimum wage will cause businesses to close putting people in poverty or deeper poverty than they are already experiencing. Also raising the minimum wage will take away the drive to do better and work for what you want to be. If they raise it to the amount of 15 an hour like some are calling for that is what a police officer or a paramedic makes currently why would someone want to put their life on the line when they could flip burgers and make the same money?
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On July 18, , the U. The bill died in the Senate, however, as the Senate Committee on Health, Education, Labor, and Pensions declined to vote on the legislation or to discuss any increase in the minimum wage, for that matter. As a result, the debate about whether to lift the minimum wage rages on.
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