Pros and Cons of Minimum Wage Essay Example for Free

Pros and Cons of Minimum Wage Essay The vast majority of economists believe the minimum wage law costs the economy thousands of jobs. The most fundamental principle of economics is supply and demand. In the case of labor, this means that the supply of workers goes up as wage goes up, and the demand for workers by employers goes down as the wage goes up. For example, imagine a janitorial job was advertised for hire. If the wage were $100 per hour, thousands of people would want the job. If the wage were $1 per hour, you probably wouldnt find anyone to do it. So if the government forced the employer to pay at least $7 per hour, the employer might decide not to hire a janitor at all, instead opting to have other staff member to pick up the duties. In this case a job would be lost because of the minimum wage. Another example is restaurant employment. A manager might have $10,000 in her monthly budget to hire bus persons. If the wage is set at $7 per hour, the manager may only be able to hire 10 bus people instead of 15. Setting a mandated wage limit disrupts market forces of supply and demand. Just because there is no minimum wage doesnt mean companies can pay whatever they want. Would you work a dishwashing job that paid 25 cents per hour? Would anyone? If they raised the wage to $4 per hour, they might be able to hire a high school student. Consider some highly skilled jobs such as accountant, lawyer, and engineer. Do these people make $5.15 an hour? Obviously, the answer is no. Market factors of supply and demand determine how many jobs are available and what each job would pay. In summary, as the minimum wage goes up, the number of people employed goes down. When the minimum wage goes down, the number of people employed goes up. Keep in mind: the minimum wage only applies if someone is employed. Workers need a minimum amount of income from their work to survive and pay the bills. Someone working 40 hours per week at $5.15 an hour will make about $800 per month after taxes. Rent alone can take almost the whole paycheck, especially in high-cost areas of the country like New York and Los Angeles (some states have higher minimum wages than the federal one specifically for this reason). Then, you add in utilities, food, insurance, car payments, credit cards, and on and on. How can a person possibly survive on less? Businesses can better afford the money than citizens scratching to make ends meet. American businesses take in trillions  of dollars every year. Is it too much to ask that they share a portion of it with the people responsible to bringing it to them? Weve all read or heard stories of executives with multi-million dollar bonuses, even with companies that lose money. A few dollars extra per hour for the poorest of the poor shouldnt hurt that much. History shows that businesses left unchecked will abuse their power. Why do you think labor organizations like the Teamsters, United Auto Workers, AFL-CIO, etc. have come into existence? A tight job market, especially during recessions, gives citizens the choice of accepting the terms of business or starving. A minimum wage gives business a reasonable rate that should be paid for the labor of others, whether skilled or unskilled.

Computers In The 1950s :: essays research papers

Computers in the 1950’s People have been in awe of computers since they were first invented. At first scientist said that computers would only be for government usage only. â€Å"Then when the scientists saw the potential computers had, scientist then predicted that by 1990 computers may one day invade the home of just about ever citizen in the world† (â€Å"History† Internet), the scientists were slightly wrong, because by 1990 computers were just beginning to catch on. Then a few years later when scientists when to major corporations to get help with a special project, the corporations said no, because computers would just be a fad and they wouldn’t make much money off of it. â€Å"By definition Abacus is the first computer (the proper definition of a computer is one who or that which computes) ever invented† (Internet). The subject of this term paper will be about computers in the 1950’s. The divisions that will be covered are; the types of computers there were, the memory capacity of computers, the programming languages of that time, and the uses of the computers for that time. Information will be gathered from the Internet, from books, and from magazines, and from the encyclopedia. Ali 2 In the fifties, computers were in the experimental stage they were extremely hard to work with, and were a constant technicians worst nightmare, because often enough you had to replace the fuses (s Appendix a). The memory capacity of that time was rather limited. â€Å"There were not many external drives, the only external drives of that time were I/O cards, I cards and O cards† (â€Å"Whirlwind† Internet) â€Å"computers of that time were capable of a multitude of small tasks, like data processing (i.e. IRS related material, and information storage.), word processing (i.e. extremely early model of Microsoft word), data analysis (i.e. survey taking), complex calculations (i.e. weather prediction) communications (i.e., the telephone system (switching))† (â€Å" Computers† Internet). The lack of the internal drive, even 1 k drives proved to be very hard on the computers of the 1950’s (â€Å"Hackers† Internet) â€Å"with out the hard drives, programmers had to leave everything running all the time or print what they typed for the day and retype it the next day or they could save it to a I/O card† (â€Å"Computers† Internet). All three of these choices posed as a problem from programmers of that time, as first off to leave on the computer would cost a lot of money as it required a lot of money to maintain them while they are on.

Reaction Paper to Pre-Spanish Colonization

Reaction Paper to Pre-Spanish Colonization When I chose to enroll into the PHST 30 course, I really only had one intention for being in this class, and that is it is a CSU transferable class. All of my life I have considered myself to be a Filipino-American, although I was born and raised here in the United States. I never really knew much about Philippine history and I am actually glad that I am learning a little bit more in each class session. During Pre-Spanish colonization, I found some major concerns regarding my feelings towards some of the laws that were in effect in those days. For example with the poor people who were not allowed to have more than one child and if they did, their newborn baby would be thrown into the river. What gives the government the right to make a decisi on for a couple who want to have a bigger family? Back then people also could not be lazy; if they chose to be lazy, they were severely punished. If that were the case now, millions of people would be punished a day. Another example is that men drank back then to prove their masculinity to women. It was really amusing to me that a popular liquor back then was Lambanoag because I have drank that now, and it is no longer just for men to drink. Another aspect of Pre-Spanish colonization was that men were to work while the women stayed home and took care of all of the household duties. It is really unfair to women that they are obligated to stay home because what if they wanted to work, they just couldn’t.

The Conflict Between Nature and Culture in Wuthering...

â€Å"Man is born free, but everywhere he is in chains.† - Jean-Jacques Rousseau Many readers enjoy ‘Wuthering Heights’ as a form of escapism, a flight from reality into the seclusion and eerie mists of the Yorkshire moors, where the supernatural seems commonplace and the searing passion between Catherine and Heathcliff absolute. Yet Wuthering Heights reaches much further than its atmospheric setting, exploring the complexities of family relationships and Victorian society’s restrictions; similarly, in ‘A Room with a View’, E.M. Forster expands the relationship between Lucy and George to address wider social issues. Both novels explore and dramatise the conflict between human nature and society, between nature and culture. Both Emily Brontà «Ã¢â‚¬ ¦show more content†¦Cathy and Heathcliff cast off any guidance offered by society, whereas Lucy clings to her Baedeker, afraid of making decisions and forming her own opinions – things that were not expected of a woman in Edwardian society. Cathy, seduced by the comfort and luxury of the Grange, becomes civilised to the point of being unrecognisable to Heathcliff when she â€Å"sails in† to Wuthering heights in her fine clothes. Ellen describes the reception of, â€Å"instead of the wild hatless little savage jumping into the house, and rushing to squeeze us all breathless ... a very dignified person†. The reader sees the events through the eyes of Ellen, and although she certainly approves of the transformation, it is likely that Bronte, and subsequently the reader, does not. The fact that she refrains from displaying her joy at being reunited with her family and will not hug them, suggests that her unguarded passion has been repressed by the influence of the refined Lintons. In much the same way, Lucy, while visiting Cecil’s mother, â€Å"kept to Schuman† as was proper, rather than releasing her passion in a torrent of Beethoven as she did in Italy. Both women have conformed to the obligati ons of society rather than freely expressing emotion, resulting in loss of self and surrender to â€Å"darkness† – the concept of which is more ambiguous for Bronte, as Heathcliff is the main association with darkness, described by Catherine as an â€Å"unreclaimed creature†, not quite part of the human world.