|Posted on March 3, 2016 at 10:20 PM|
Lately the Minimum Wage has been a hot topic debate between Democrats & Republicans. The Left makes the argument that the Minimum Wage should be a livable wage as where the Right believes that the Minimum age should be either reduced or gotten rid of all together. In this post I will make the argument as to why the facts, statistics, evidence, studies, arithmetic, data, etc... I will show that the Minimum Wage should not only be raised, but when you raise the Minimum Wage it helps the economy significantly.
It's not like the Minimum Wage workers are lazy or not working hard. In fact a study in 2013 showed that if the Minimum Wage kept up with productivity of the American workers, it would be at $21.72 an hour. Bernie Sander's fifteen dollar Minimum Wage proposal are only a reasonable fraction of that. Shouldn't the American people be paid for their hard work, everyone with a job plays a part in keeping our society functioning, & anyone who contributes to that in a hard working way deserves to be rightfully compensated.
The reason we know that raising the Minimum Wage is beneficial to jobs & the economy is because we actually have records of states that have raised Minimum Wages, & states that have not, & the job growth in all of the states at the time of the Minimum Wage increase. For example In 2014 thirteen states increased their Minimum Wage, out of the thirteen states that increased their Minimum Wage, all but one (New Jersey) saw vehement employment gains. Furthermore, nine of the remaining twelve states were above the median for that period. The average change in employment for the thirteen states that increased their Minimum Wage was +0.99% while the remaining states had an average employment change of +0.68%.
Also one more thing to keep in mind when a company doesn't pay their employees a livable wage, the difference is often made up through social programs like welfare & food stamps. I really don't believe because of corporate greed, that the taxpayer should have to make up the difference? These are not the types of people to sit at home & take advantage of the system. These people have jobs, they work hard, they're productive members of society who deserve nothing less than to be justly paid for their work.
(Even in this case an organization as vehemently biased as Fox News can't deny blatant hard facts)