Why Do We Have The Minimum Wage - 860 Words

In general, people always think increase minimum wage would help some of people in poverty. Of course, when the poor can earn more money, they will have more money to spent on the their daily expenditure. Is it necessary to increase just several dollars to help the poor? I don’t agree with this piece of so-called benefit policy or law. Why do we have some of people in the poverty? There are so many reasons why people are in bad situation. However, according to textbook, there are two main deficiencies. First of all, people are in struggle in their life because of their inner problems including neither biological or culture problems influences. Another idea summarized by textbook is that social structural problems. Those problems†¦show more content†¦And the more he is worth to employers, the more he will be paid. Real wages come out of production, not out of government decrees.† The problem is that when minimum wages are raised, workers actually don’t produce what they are supposed to. Workers can earn extra money and do not equal to their contribution. Where is the extra money coming from? Neither the companies squeeze their profit or someone else pay for it to make a balance. When companies don’t have enough money to invest and invent new technologies. The cost of products won’ t eventually decrease. The standard of living won’t have essential decrease. In the long run, people’s life won’t improve. Our society stops moving forward. On the other hand, generally in the society, everyone works so hard to earn what he or she should produce. No one has responsibility to take care of those who don’t earn basic life necessaries. No one has to share limited payment to other people. In a word, everyone in the society has the equal right to live and is capable to pursuit what they really want. Like Chris Rock said: â€Å" I used to work at McDonald’s making minimum wages. You know what that means when someone pays minimum wage? You know your boss was trying to say? It’s like, â€Å"Hey if I could pay you less, I would, but it’s against the law.† For the poor, they didn’t earn enough respect by seizing what they are supposed to have. The whole society also should respect every single one no matter where