Minimum wage and the american dream essay
Minimum wage conclusion paragraph
It is difficult to find any certainties in this subject. Minimum wage is at the source of the economist 's main interest; in pursuit of discovering its connection to job loss. The minimum wage is the minimum hourly wage dollars per hour that an employer can pay to employees. Not many subjects can ignite a controversy as quickly as that of whether or not minimum wage should be raised, or by how much should it be raised or if it should remain the same. During the U. There are communities that believe raise the minimum wage has negative impact of every sector of the country. The minimum wage is based on an idea that the employers have a responsibility for their employees to live in a reasonable standard of living. As Barbara Ehrenreich, author of Nickel and Dimed, worked at minimum wage paying jobs and reported the hardships that people had to go through on a day-to-day basis.
Because of this, there are many opinions about this topic. The economy is different today than it was in the s. We never would have believed that 35 years later, the buying power of minimum wage workers — and millions of workers above minimum wage — would actually be lower than when we started our company.
While this is true and that the minds of the great thinkers were directed for the betterment of the society, the American dream is dead and not attainable in the current economy. At first glance, that seems to be devastating because this could possibly affect the gap between the middle and lower classes.
In3. In total, 3. Among them include, disabled, unskilled, and the youth.
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Why minimum wage should be raised pros and cons
According to contact reporter Don Lee, the recession affected the economies of the west and south the most. Education and healthcare are expensive and inaccessible, and the rise in the school debt and loan cannot be left unmentioned. They insist that prices will soar. While this may be true, the number of jobs needed per person will also decline. Most people may know that the federal minimum wage in the U. The only mystery is whether things would change for the better or for the worse. Our culture encourages us to believe in ideas such as the American Dream to distract us from reality. The missing element is just how much your time is worth. In total, 3.
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