Talk of a statewide minimum wage increase to $15 per hour in virginia a statewide $15 minimum wage is a bad populated and thus more politically influential than the rural areas that will ultimately be hit the hardest by a large minimum wage increase good intentions. People are torn: is a $15 minimum wage a great thing, or a horseman of the economic apocalypse personal finance blogger desirae odjick weighs in. Issue | minimum wage more real income in his commentary opposing a $1010 minimum wage (raises reduce job opportunities, thursday), michael saltsman of the employment policies institute highlighted a 2014 congressional budget office report that said that such an increase in the mi. A minimum wage increase in minneapolis probably wouldn't be as bad (or as good) as people are saying. We've been covering the minimum wage debate since its most recent flare up a few years ago and our assessment is the same if the government decrees that a job be paid $15/hour that does not mean. Raising the minimum wage, as president barack obama has urged, is a popular idea that is also a bad idea.
Today, low-wage workers and their advocates are gathering together as part of a national day of action for an increase in the minimum wage marking four years since the last increase, americans across the country are making the case for why raising the minimum wage is good for workers and the. Should the minimum wage be increased t he l eading s ource f or p ros & c ons o f c ontroversial i ssues menu toggle navigation home minimum wage - menu good or bad obesity a disease prescription drug ads good president bill clinton president ronald reagan. Minimum wage increase is bad for jobs share tweet email print president obama has expressed support for an increase in the federal minimum wage from $725 to $1010 an hour: a 39 percent increase senator harkin and 37 democrat cosponsors have introduced s 1737. True or false: raising the minimum wage is bad for the economyfalse while many opponents of raising the minimum wage would have you believe otherwise, the truth of the matter is that raising the minimum wage is good for the economy so the next time you run into a critic of raising the minimum.
Ten states have announced an increase in their minimum wage effective to cover higher labor costs, adding nothing to the bottom line this is the kind of absurd thinking that leads to bad this defines common sense and is not supported by good academic research the. One of the most heated discussions today in the labor environment is that of the minimum wage and its future there are many who are demanding a very substantial increase in the minimum wage, to what they term a living wage. A $15 minimum wage is a terrible idea by dylan matthews by dylan matthews june 22, 2013 while those concerned with the fate of low-skilled minority men have good cause to oppose adding on a minimum wage hike to the eitc.
A raise in the minimum wage is smart economics and beneficial to society so what are we waiting for in recent months, a number of states have again taken the lead on measures to raise the minimum wage massachusetts is moving toward a minimum of $10 per hour other measures are on the table in. I think what you said has quite a bit of truth to it however, i don't think minimum wage earners should continue earning the $725 they do. With all the debate over the minimum wage increase, i have to know-do you think it's a good thing or a bad thing backup your reasoning with possible economic ramifications from either increasing the wage or leaving it alone most logical answer wins.
Excessively high minimum wage could leave more youth jobless. A $15 minimum wage is just as terrible an idea as donald trump's mexico border wall or ban on muslims news opinion commentary column: $15 minimum wage, while well-intentioned, is a bad idea scott olson, getty images but good intentions do not automatically translate into good. Minimum wage good or bad rachel l hathaway professor myung han economic problems and issues - eco 40500816 march 15, 2009 whether minimum wage is good or bad, has been an ongoing debate since before 1938 when the government set the first federal minimum wage at $025/hr thanks to the fair.
Link to the main article: minimum wage is often a controversial issue between the employees and employers the employees looking for more high pay jobs and the employers unwilling to. The ontario the government has just announced raising the minimum wage to $14/hour on january 1st, 2018 discussing this in our high school economics class, there are several effects of doing this: for starters, a benefit would be an increase in t. Statistics and academic discussions are fine and good, but what happens in the laboratory of real life with the minimum wage is raised let's start in san francisco where the minimum wage jumped from $1074 per hour last year to $1105 beginning new year's day, followed by another. Though no panacea for working poverty, a higher national minimum wage is probably right but ed miliband's announcement that labour would dictate such. Minimum wage good or bad rachel l hathaway professor myung han economic problems and issues - eco 40500816 march 15, 2009 whether minimum wage is good or bad, has been an ongoing debate since before 1938 when the government set the first federal minimum wage at $0 25/hr thanks to the. The president and even bill o'reilly of fox news is calling for an increase in the minimum wage of course they tend to forget that for every action there usually is a reaction the government has already increased the minimum wage for their workers but should every business do the same an.