Introduction
Consider getting a minimum wage from your employer hourly, daily or monthly. It will greatly affect the standard of every worker making him/her feel no love with his work since it is the lowest pay. Would one feel satisfied because of high minimum wage? Increasing minimum wages will result to happy life and many workers will be in a position to support their families.
Arguments
Arguing against critics on increase in minimum wage, the increase in Boston for example, by the state government from $8 to $11 per hour by 2016 statistically shows that 60% of low-wage workers will be in a position to cope with the rate of high inflation. The approved bill, which was supported by 32 out of 39 voters, would increase the wages for the state’s lowest-paid workers over the next four years. Lowest –paid workers feel rich after receiving a high minimum wage, as everyone feels rich and happy by a high pay.
For rebalancing our top-heavy economy, raising minimum wage should be the option as hardworking people paid our current minimum wage and working full-time are living in poverty from a research by the federal government. A 68% of individuals earning a minimum wage and with families to support frequently rely on federal benefits like food donations as revealed by Backers of the higher wage. This means that even after working hard, these employees live a poor life.
Critics of increase in minimum wage has a weak argument as many critics that it could harm workers that typically operate on narrow profit margins yet we should be viewing the big picture of most employees in low-wages jobs.
Conclusion
Countries should increase wage for the economy to be stable and employees feel loved and their needs cared for by both the government and the workers.
Work Cited
Eyraud, François, and Catherine Saget. The Fundamentals of Minimum Wage Fixing. Geneva: Internat. Labour Off, 2005. Print.
Flinn, Christopher J. The Minimum Wage and Labor Market Outcomes. Cambridge, Mass: MIT Press, 2010. Print.
Kosters, Marvin H. The Effects of the Minimum Wage on Employment. Washington, DC: AEI Press, 1996. Print.
Levin-Waldman, Oren M. The Case of the Minimum Wage: Competing Policy Models. Albany: State Univ. of New York Press, 2001. Print.
National Minimum Wage: Low Pay Commission Report 2010. London: Stationery Office, 2010. Print.
Neumark, David, and William L. Wascher. Minimum Wages. Cambridge, Mass: MIT Press, 2008. Print.
Sklar, Holly, Susan Wefald, and Laryssa Mykyta. Raise the Floor: Wages and Policies That Work for All of Us. Cambridge, Mass: South End Press, 2002. Print.
