Raising The Minimum Wage Essay

Words: 776
Pages: 4

Throughout the history of the United States people have always strived to become successful and rich, but with the hard work that comes with American success is not possible for every average human being to achieve. With this lack of success among the poverty and lower middle-class people they have strived to encourage raising the minimum wage to fifteen dollars an hour. Although this seems like a way to fix the amount of poverty in the United States all the facts state that it will not. Raising the minimum wage to fifteen dollars an hour would have little to no effect on the poverty level in the United States because of job loss, inflation, and skills needed for an entry level job. Raising the minimum wage could prove drastic to the American economy because of the risk of job loss, inflation, and the lack of hard work. Job loss is one of the biggest American fears because of the fear of not being able to support themselves or their families. Raising the minimum wage will also have drastic effects on inflation which will affect everyone in the country. Lastly raising the minimum wage will remove the opportunity for new workers to receive the skills and knowledge needed …show more content…
Minimum wage is a training wage that gives young and low-skilled employees the skills necessary to quickly earn far more than the minimum wage (Ortiz). According to the Pew Research Center, 50.4% of those making the minimum wage are ages 16 to 24, and 64% were part-time workers. In other words, a large number of minimum wage earners are teenagers who live with parents, students who juggle work and studies, or retirees who supplement their social security income (Agamy). So raising the minimum wage does not even help the people that supporters think it will. In all honesty it helps the average American teenager who still gets everything paid for by mom and