The Minimum Wage Should Not Be Abolished Essay Example | Topics and Well Written Essays - 750 words

The Minimum Wage Should Not Be Abolished - Essay Example This discussion examines the benefits of raising the minimum wage not only for those workers who would gain monetarily but to employers as well and ultimately, the economy as a whole. Currently, the minimum wage stands at $7.25 which was increased from $5.85 per hour in July of 2009. This modest increase put minimum wage earners near the poverty line, about $16,000 for a family of three (Poverty Guidelines, 2006). The minimum wage had not been raised for seven years previous, the longest time span since the law first went into effect in 1938. This decline in the real value of the minimum wage over that seven years translated into lower real wages for millions of workers and contributed to the income gap between poor working families and the middle class. Raising the minimum wage allows those who make minimum salaries to keep up with inflation. It also helps those that need it the most such as single mothers and minorities. In addition, it will cause a ‘ripple effect’ in that wages will also increase for those that make just above the minimum. In 1968, a full-time employee who earned the minimum wage made what would be â€Å"the equivalent of $15,431 today, 44 percent more than today’s full-time minimum wage worker† (Lee, 1999, p. 1016). ... decreased by 20 percent since September 1997.   â€Å"The minimum wage still equals only 31 percent of the average wage for private sector, non-supervisory workers†¦ the lowest share since at least the end of World War II† (Bernstein & Shapiro, 2006). Some of those who oppose the increase have suggested that the dominant wage earner of families does not fall into the minimum wage category, that it normally applies to teenage summer workers. This assertion is not at all the case. The Economic Report of the President evaluated the evidence in 1999 and found that that this argument was indeed untrue stating in its report, â€Å"most minimum wage workers are adults from lower income families, and their wages are a major source of their families’ earnings† (Council of Economic Advisors, 1999, p. 111). Opponents also argue that raising the minimum wage will hurt the economy but, unlike the effects tax-cuts for the wealthiest Americans have on the economy, when t he poorest in society have extra income; they spend it on the necessities of life thus directly stimulating the local economy. Employers generally oppose increasing the minimum wage. Their claim is that they would be forced to lay-off employees to cover the extra costs. This claim, however, has been proven to be unfounded. On the front-end, employers may indeed pay more to their employees after a wage increase but, as evidence indicates, the increased costs to employers are usually compensated for by benefits. For example, employees who make a wage that allows their families to subsist, rather than not, are less likely to secure other employment which reduces the employer’s employee turnover rate thus reducing additional training and recruitment costs. It also results in a decrease in absenteeism as well as higher

Book Review Essay Example | Topics and Well Written Essays - 750 words - 12

Book Review - Essay Example Neil Shubin employs comprehensive, but conversational style to introduce the story of Big Bang carefully navigating its evolutionary path (Shubin 28). Despite the fact the many people are familiar with the Big Bang theory; the contemporary human being still has no clear understanding of the theory and would be very eager to listen to it whenever any chance comes by. The modern man has the interest of hearing the story of the big bang until some sense sinks in about intimate links that they share with other species. However, critically dissecting Shubin’s book, he fails to utilize the valuable opportunity to make these connections that are of fundamental interest to the modern man. Commencing with fossils, he tilts his vision skyward telling the audience how the human body reflects the 13.7 billion-year history of the universe. Beginning right at the minutest level, the molecular composition of humans, Shubin seeks to demonstrate why people look the way they do, tracking the creation of the universe via the development of various components of the human body such as genes, organs as well as cells. Shubin’s The Universe Within: Discovering the Common History of Rocks, Planets, and People is basically a hilarious presentation of the human body together with his dwelling-the earth, were shaped by the universe’s 13.7 billion year evolution cosmic and chemical forces (Shubin 190). Besides its emergence as one of the best fits for individuals with undying interest in science, The Universe Within incorporates landmark and late-breaking studies. Shubin’s argument is that all astronomers are paleontologists. According to him, a distant star light is an indication of conditions numerous years ago. Staring at stars was a means of exploring our own origins. Rocks and bodies are time shells that convey the authority of the enormous events that fashioned them. The