Is minimum wage enough? I feel that minimum
wage needs to be raised. We ask a ourselves in 2014, is $7.25 really enough? These
battles over minimum wage are heating up across the nation and even in Iowa. I
went searching far and wide through the internet to answer this puzzling
question.
As teenagers,
we need economic independence from are parents. I feel that at one point or
another every teenager should get a job whether it’s a small time or part time
job to get that sense of work ethnic. I work at Family Foods and minimum wage
sucks. I get $7.25 an hour; now take out taxes, Medicare and social security ,which
is going to run out before we get to it, that’s $6. 25 an hour. If I got a
paycheck with 30 hours on it, It would only equal $187.50.If minimum wage was raised to $10.10 and then take out taxes you
would have $9.10 an hour and $273 total that’s a 45% increase in pay which is
huge.
Inflation is
a huge issue in this country when minimum wage was raised in 2009 to $7.25 the value of dollar has gone down 8%. I feel that minimum wage should be raised
every 5 years so it can keep up with cost of living and not get to the point
where a family of four can’t support themselves. Even if you look at the
essentials like a gallon of milk it would cost $3.85,that’s about 32 minutes of
work .That’s outrageous! Thirty-two minutes of work just for one gallon of milk
is little ludicrous!
it
seems to me that minimum wage needs to be raised now to counteract the rise in
prices I know what ideas , people will raise to counter the rise of minimum
wage. In some cases yes, like items that are built in united states of America
but, at same time, items built in the u.s are already more expensive then their
foreign counterparts. I do feel that
minimum wage should be raised and recent report sites 75 economists agree.
