Thursday, February 7, 2019

The Minimum Wage Must Be Raised Essay -- Increase Minimum Wage Essays

Los Angeles lawmakers Tuesday voted to boost the minimal betroth to $15 an hour by 2020, the largest city to try to help its lowest-p back up workers survive amid the nations growing income inequality.-- Michael Winter, USA at once May 19, 2015Understanding the potential of an incr simmpleness in todays stripped take is the key to understanding the above statement. As a financial mechanism in American society, the minimum absorb has helped to nonplus generations of workers. Yet, there are two sides to the debate over minimum wage increases. One sidethe proponentsfeel strongly that low-income workers need some fillip to earn a sufficient living. Conversely, opponents believe that changing the minimum wage does not always help workers and can hurt businesses. Nevertheless, the minimum wage should be raised in order to assist American families, aid economic recovery, and help people get out of debt.BackgroundIn 1938, Congress began the minimum wage at 25 cents per hour, accordin g to the upright Labor Standards Act (Sherk, 2013). By July 2009, the minimum wage had been raised to $7.25 an hour. upper-case letter State boasts one of the highest minimum wages in the country--$9.19 an hour (Sherk, 2013). The number of Americans who earn minimum wage has always been in question. In 2011, it was describe that 3.7 million Americans earned minimum wage, and that is equivalent to just 2.9 percent of the working population in the country (Sherk, 2013). Next, it is important to note what types of workers get minimum wage earnings. According to Sherk (2013), there are two categories----young workers (still in school) and old(a) workers (out of school). Moreover, these young adults are not likely to live in spunk or high income families, and they are typic... ...ey, A. (2013). Raising minimum wage would ease income gap but carries political risks.Retrieved fromhttp//www.nytimes.com/2013/02/13/us/politics/obama-pushes-for-increase-in-federal-minimum-wage.htmlMatt hews, D. (2013). quartet things to know about Obamas minimum wage increase. Retrieved fromhttp//www.washingtonpost.com/blogs/wonkblog/wp/2013/02/13/four-things-to-know-about-obamas-minimum-wage-increase/Sherk, J. (2013). What is minimum wage its history and effects on the economy. Retrievedfromhttp//www.heritage.org/research/testimony/2013/06/what-is-minimum-wage-its-history-and-effects-on-the-economyWilson, M. (2012). The banish effects of minimum wage laws. Retrieved fromhttp//www.cato.org/publications/policy-analysis/negative-effects-minimum-wage-lawsWinter, Michael. L.A. to boost minimum wage to $15, USA TODAY May 19, 2015

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.