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  • Essay / Persuasive Essay on Raising the Minimum Wage - 1124

    The problem is that a growing number of workers and their families are living in poverty. What Pathe said: "With higher wages and these compensatory measures in place, employment will not decrease, but it will increase more slowly due to the decrease in sales volume, at least during the first years when the new salary will be implemented” (Pathe). A better way to raise the minimum wage without killing jobs would be to cut the wages of the highest-paid workers. Which would help low-wage workers at the expense of higher-paid workers. Companies may also raise their prices in response. By raising the minimum wage among businesses, it stimulates consumer demand, grows our economy and helps communities thrive. Bernstein states that "he estimates that the wage increase would reduce employment by about 500,000, and that 8 million low-wage workers would benefit from the minimum wage increase." change” (Bernstein). it explains how it would increase earnings and incomes, reduce poverty and