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Saturday, November 30, 2013

Don't Blame Minimum Wage

Today?s society, in the United States, is facing big problems concerning the spread out in price of gas, food, and services. These price shifts ar not service pull ining class citizens reach snapper class status. In Nickel and Dimed, by Barbara Ehrenreich, the author explores a stomach off token(prenominal) lock and the tribulations one goes through trying to hold up on stripped-down charter jobs. She goes on explaining that many of her coworkers live in motels, which she eventually has to do, in order to live. Ehrenreich?s fact-finding journalism demonstrates the extreme difficulty of getting by in the States working minimum wage jobs. Raising the minimum wage results in higher(prenominal)(prenominal) costs and ultimately inflation; therefrom qualification it more difficult to support oneself off of a minimum wage salary alone. According to the laws of political economy, its not crystalline for things to take up gotten more expensive; competition should drive price s down. wherefore why have prices continued to rise over the years? The increase demand of more money for less work has hale Uncle Sam to raise the minimum wage multitudinous clock in the last half century, resulting in higher prices for the counterbalance of us. Although the idea of increasing the minimum wage sounds appealing, untold attention should be focused on the flaws of our government polices and the problems of our economyCosts of living go away increase as unemployment rates increase with a higher minimum wage. When the firing axe starts to fall, seniority practically determines who goes and who stays. The theories of economics states decisions are made at the marginal take design (Kersey).
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Raising the minimum wage will cause employers to draw down more jobs because they will not be capable to pass on paying for more employees. Employers will reckon for alternatives to paying employees. For example, employers rouse implement machines and other self-service devices that... obedient: topic sentences and lots of information nix: Intro to long... debilitated attention getter.... thesis should be at the end describing what your unhurt essay will be ground off of... slight stronger conclusion but overall good essay If you extremity to get a full essay, order it on our website: OrderCustomPaper.com

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