Minimum wage issue Essay Example | Topics and Well Written Essays - 1250 words

Minimum wage issue - Essay Example Employees who start working on jobs that offer minimum wage sometimes use it at a platform to attain other professions. Additionally, minimum wage not only helps young people, but also senior citizens who use it to support their families. I am addressing this letter to you to urge you as the senator of New York to introduce a motion in Congress calling for a raise in the minimum wage across all states. The United States requires policies that safeguard hardworking Americans who are dedicated in earning a living.1 Therefore, I believe raising the minimum wage above $10 per hour would be an important policy change towards restoring hope in citizens who rely on this income. Given this brief account, I believe that raising the minimum wage is a bold step that the Congress may take for purposes of achieving economic development. Raising minimum wage is a bold step towards economic recovery in the country. I call for the federal government to increase its spending on regular people as a means of increasing economic output in terms of revenue. Normally, regular people exhibit fluidity in their spending; hence, more money remains in circulation. On the contrary, wealthy people tend to hoard their wealth; hence, preventing it from circulating back into the economy. The minimum wage issue presents a transformation to the economy, which has been hijacked by the elite in recent years; thus, making it less productive in terms of government revenue collected through taxes. I would urge the government to increase the minimum wage of American workers to boost their purchasing power, as this will facilitate economic recovery.2 Therefore, a change in policy in increasing the minimum wage prevents counterproductive economics, which boosts the economy. 3 Second, raising the minimum wage can alleviate poverty. It is evident that these days the focus of the US economy is on Wall Street, which accounts for less than 1% of the population. In recent years, the number of people