'The Raising of Minimum Wage'

' stripped- charge profits should non be raised(a) from $7.25/ time of day, because if hourly final constitutement went up, then the woo of living would go up ripe along with it. This is called inflation. umpteen people estimate that it would be bulky to keep back $11/hr, but the point is, that the price of groceries, gas, and vesture would sky rocket. US currency would go way down in scathe of value of the dollar. acme stripped-down salary would non transform anything, because the ratio of the hail of money make to price of bewitching often everything, would pacify be the same, b arly in higher(prenominal) amount. Economically, more than money would come into circulation, and taxes would some homogeneously go up, as well.\n some other reason that token(prenominal) wage should non go up is because teenagers start come out of the closet running(a) libertine food, and other minuscular jobs while they atomic number 18 going to school, do tokenish wag e. $7.25, fermenting 20 hour weeks, brings them about $580 a week. That is plenty plenteous for teenagers to get by. If they do $11/hr then they would foretell higher pay in their attached job, and their next, and so on. They would neer know what it was resembling to make scarcely $7/hr, and be ungrateful when they were making $25/hr. on with people non being fitting to appreciate how much money they earn, they would not appreciate saturated work. Teens will work 20 hours a week now, and with a rise in reward they would altogether feel like they had to work 12 hours a week, perhaps, and make just as much as they used to. A rise in minimum wages would promote indolence in the workplace.\nThe consequences would fall upon hardest on the puppyish people who merit the opportunity to pose the first mensuration in their c beers. gibe to cnbc.com, more the half of minimum wage workers in the united States are beneath the age of 25, and some are students who are try ing to pay their way done schooling. Less than 15 percent of minimum wage workers are heads of a firm with children. In my opinion, if individual urgencys to make more than is offered at minimum wage, then they should... If you want to get a full essay, golf club it on our website:

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