Friday, November 14, 2014

Will Raising Minimum Wage Really Help Our Society?

On Friday, October 31, 2014 Ariel Tellez posted an article to her blog called Minimum Wage:  Why can't I live comfortably too? A topic that is often put into question,  she discusses it from her own point of view.

Her first argument mentioned is that everyone should be able to support themselves.  Then she goes into further detail by explaining her own experience of how living off of less than eight dollars an hour will not support you while paying rent, and how extremely hard it is.  Later on she presents an argument from the other point of view stating that many people think the starting minimum wage is only for high-school students who just started working and how that's not the case.  She gives a statistic that 80% of these people are twenty or older.  She argues that this topic is often put down, and now is the time to start discussing this problem.

I completely understand the argument that is displayed here.  It is most definitely hard to live off of minimum wage...  Especially when your trying to support a family or while you're in college paying tuition and rent.  But the real question here is how can this be solved?  I don't think raising the minimum wage will benefit the way our economy works in a positive way.  I believe the outcomes could be worse than the problems we are facing now.  I understand that living off of minimum wage can be extremely difficult, but I don't think raising it will help.  It could help certain people individually, but if you look at the big picture, it can be frightening.

To understand this, first you must look at the solutions to solving minimum wage.  There are ideas on tightening our borders and restricting immigration.  This will give us the opportunity to raise minimum wage, unfortunately our country wouldn't exactly be known for being the free country where people can come in, work hard, and live freely.  Instead we would be blocking people from
coming who are escaping life threatening situations, and poverty that no one here in America can truly understand.  Some people  believe that we should simply just raise the minimum wage and that it will have a positive outcome.  According to an article by Andrew F. Puzder, that is not the case.  Puzder explains that by raising the minimum wage, significantly, millions of Americans will experience the loss of job opportunities.  By raising minimum wage large business corporations may have to start laying off more people.

Later on she mentions, "It's near impossible to get a good paying job without a degree or some sort of earned trade."  According to George Leef the benefits of going to college is not as Valuable in today's time.  I do believe that everyone should try and get get a degree, it would be false to say that there aren't any benefits of going to college.  In another mindset, there are people who become extremely successful who don't obtain a degree.  In fact when you go back to what Puzder was saying, most people who have a degree, still get paid the minimum wage.  I believe there are so many problems with this issue.

Unfortunately, I don't see how this problem can be fixed in a way that will truly be beneficial.  By the facts I've gathered, I'm going to have to be against the idea of raising the minimum wage.  In my opinion, it could cause more harm than good.  Despite my opinions I am very interested in new solutions to solving this issue, but I have not come across one that will benefit our economy that does not degrade it.

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