Argumentative Essay On Minimum Wage

Words: 1717
Pages: 7
Open Document
Minimum-wage increases are viewed from many different perspectives. An average worker would may be happy to see their wages increases, while others might be upset that workers with less skill are closing the gap between both sets of wages, and employers will be upset having to pay their workers more. Despite all these opinions, there hasn’t been much consideration of whether or not the use of minimum wage has been useful in terms of fighting off poverty in the United States. When considering its effectiveness to stop poverty, the use of minimum wage laws and its increases is ineffective because it will create inflation in the economy, essentially bringing those in poverty back to poverty.
Originally, the purpose behind minimum wage was to …show more content…
This statement is true when considering the strengths and weaknesses of minimum wages. Throughout the past, it can be seen that minimum wages have had a temporary effect on increasing job growth. In the article by the National Conference of State Legislatures, they stated the conclusion found by a pair of researchers based on the Bill Clinton minimum wage raise:
Recent studies by economists David Card and Alan Krueger suggest that increases in the minimum wage may not cause reciprocal job loss. In fact, Card and Krueger argue that in several states, higher minimum wages actually resulted in job creation. (Minimum wage debate, 1996, para. 5)
Even though these studies were done in the early to mid 90’s, they can still be used to determine the immediate results of the minimum-wage increase. Based on the mentioned study, it can be ascertained that shortly after the raise there was an increase in job creation and a decrease in poverty. Although, these laws do not do much benefit in the long term. A paper written by Burkhauser, a professor of policy analysis at Cornell University, and Sabia, a professor of economics at the University of New Hampshire, (2007) reviews the studies done by both the economists and found
Show More

Related Documents: Argumentative Essay On Minimum Wage

Minimum Wage Argumentative Essay

Smith ECN201 10/29/2014 Baker College Reasoning for Federal Minimum Wage The reasoning for the United States having a Federal Minimum Wage Law is to protect the workers so that they earn enough to live on. “If a firm can’t pay its workers enough to live on, then it isn’t a viable business, because it is dependent on wage subsidies.” Coppola, F. (2014) Forbes. This sounds like a good reason for us to have minimum wage laws, but the real reason has little to do with workers being able…

Words 547 - Pages 3

Essay on Shhh

June 13th Percentage of Final Grade: 10% Objective: Write a summary of Crystal’s essay “2B or not 2B.” Use a template from They Say, I Say to begin your summary. Make appropriate rhetorical “moves,” such as integrating quotes, choosing strong verbs, and using effective transitions. Most importantly, demonstrate that you understand the what, how, and why: (1) What is the main argument or “gist” of Crystal’s essay? (2) How does Crystal…

Words 2150 - Pages 9