Lastly, women make up 63% of minimum wage workers, so a higher minimum wage, would help reduce gender inequality amongst workers. It would mean that both men and women would be paid the same increased minimum wage, allowing them to make enough to provide for themselves. In this link, it says “...America should be able to provide its working men and women “a fair day’s pay for a fair day’s work.” So this rise in minimum wage would most definitely help out in decreasing gender inequality in the work field. It also mentions a quote from Roosevelt, where he said “No business which depends for existence on paying less than living wages to its workers has any right to continue in this country.” Meaning, a business paying much less than is actually needed to survive, should be non-existing. This all ties back to gender inequality slowly but surely getting better and more fair, through the thought of raising the current minimum wage.
Another thing raising the minimum wage would do, is significantly reduce the amount of people living in poverty. It would allow people to make a suitable and fitting living wage, for the world’s circumstances at this time. It is reported in this link, that “an hourly minimum of $10.10, for example, as Democrats have proposed, would reduce the number of people living in poverty by 4.6 million, according to widely accepted research, without requiring the government to tax, borrow or spend.” Meaning, there would be no need for taxing to be done, even with the minimum wage being raised. This would eventually result in millions of people being pulled out of poverty. In other words, the minimum wage finally would be enough of an amount, to get people on their feet, and not living in poverty.
Raising minimum wage would also allow people to not have to turn to the government for help, and pay for their necessities independently. It would allow for them to work for enough money to get what they need to essentially "get by", and make a suitable living wage, on their own. This link says that "(Their) study found that at least one-fourth of Americans work at jobs that pay so little that they cannot sustain themselves and their families without turning to government programs or going into debt." This is very unfortunate, but it is very accurate. The failure to raise the minimum wage would result in a multitude of people not being able to provide for themselves, and instead being too dependent on the government. So for this reason and several others, it would be extremely beneficial if the minimum wage, was to increase.
Next, if minimum wage was increased, we could keep up with inflation. This is mentioned in this link, where it says "If the federal minimum wage kept up with inflation it would be $10.75 an hour, not the $7.25 it is today." This would be another benefit from raising the minimum wage, because then workers would have enough money to keep up with the raising prices. With the increase, they then could keep up and pay the higher prices, being that they would be paid $10.75 rather than $7.25 an hour. Inflation, including things such as higher food prices, which then would be able to be manageable for the person, and paid. If not raised to at least this amount, there is no way people could keep up with the increase in prices, of their everyday needs.
First, minimum wage isn't high enough, and can't even help people provide housing for themselves. In this article, it proves this statement, by saying "...a 2015 report from the National Low Income Housing Coalition, a worker must earn at least $15.50 an hour (over twice the federal minimum wage) to be able to afford to rent a "modest" one-bedroom apartment." So, the minimum wage would need to be raised to ensure that a person could work to afford a place to live. There is no way that $7.25 an hour would do anything for someone trying to make a living for themselves, because it proves to just simply not be enough. A raise in minimum wage would benefit people working to make a living wage, in many ways. One of them being, allowing people to afford housing.