Good afternoon, this article discusses why raising the minimum wage is would be a step in the wrong direction for our country and what troubles we will have if it is raised.
I know everyone's first reaction to the minimum raise increase was probably, "Hallelujah!", but when you stop and really think about it. It isn't a good thing. Would I like to earn more money at my job, of course I would, but that isn't the issue here.
The government wants to raise the minimum wage from $8.25 to $11.00. That is one drastic step up. Now if it was a slight raise like $8.25 to $8.50, it wouldn't be a problem. Minimum wage jobs are NOT career jobs. Jobs like McDonalds, Wal-Mart, etc.. these jobs are mostly taken my high schoolers and college kids, for the most part. These jobs are not meant to live off of. There is a reason there are degrees and hundreds of career jobs out there in the world, where you CAN make a living.
An big issue with raising the minimum wage is this, if the minimum wage is increased to $11 an hour. Yes, you will get your $11 an hour, but I guarantee your hours will be cut way down. So no more 8 hour shifts, you'll start seeing a lot more of 5 hour shifts. So in reality, you'll be making the same amount of money as you were before with your $8.25 an hour rate.
Why will this happen? Because companies pay you and if a company cannot reach their annual income, they cannot pay you all that money. A few things will happen: 1, your hours will get cut like I mentioned earlier. 2, you'll get laid off because the company will no longer be able to afford you. Or 3, the company all together will shut down and everyone will lose their jobs.
If you don't believe me with this, put your thinking caps on. Imagine this, say you run a lemonade stand with your friend. You split the profit with him that you make everyday. Say you make $50 a day and each of you receive $25 a piece. Then you decide you want more money, so you decide, "Lets raise our wages." Except, you can't because you still only receive $50 a day. The only way you will get more money is if you fire your friend and take the $50 all to yourself. Understand it now?
Another issue with raising the wage, besides getting your hours cut or loosing your job all together, is all the striking that will happen with the higher paying jobs. Think about it, if you start making $11 an hour at your McDonalds job and a full-time employee at McDonalds makes $11 an hour too, don't you think they will want a wage increase? Yes, they most certainly will. This is will put a lot of pressure on the company, thus "releasing" a lot of it's minimum wage employees. Do you see the cycle?
If the minimum wage increases, it will NOT be a good thing. Everyone will start loosing their jobs or getting their hours cut, one way or another. It will happen, I promise you that.
So if you want to keep your job, don't support the wage increase. Especially, if you work at the minimum wage. You really don't want the increase. Instead go to college, get a degree, and make a living at a CAREER job. Trust me, you'll live a much happier life if you do that. I mean, honestly, do you really want to work at McDonalds for the rest of your life? I didn't think so.
I hope you enjoyed reading my article and I hope this has made you aware of the consequences of raising the minimum wage. Please leave your thoughts below in the comment section. Thanks for reading!
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