Working overnight from Monday to Friday, earning minimum wage and being taxed on top of that isn’t enough due to prices of gas, food, and necessities sky-rocketing.
Part of their idea of minimum wage was t ople of this country, by an overwhelming vote, are in favor of having the Congress, this Congress, put a floor below which industrial wages shall not fall, and a ceiling beyond which the hours of industrial labor shall not rise"
(Norlund, 1997, 50)
Roosevelt went on to show his support of a federal minimum wage increase by proclaiming,
"No reasonable person seeks a complete uniformity in wages in every part of the United States; nor does any person seek an immediate and drastic change from the lowest pay to the highest pay.
Raising the pay of one’s workers is proven to increase productivity in the workplace: Worker productivity increased 104% while the minimum wage rose 101% between 1947 and 1973 (Henderson).
(Norlund, 100-130, 1997)
Second, a cross-state analysis found that the 1990 and 1991 increases in federal minimum wage did not affect teenage employment adversely.
On the basis of the previously described textbook model of the minimum wage, one would expect teenage employment to decrease in the low wage states, where the federal minimum wage raised pay rates, relative to high wage states, where the federal minimum wage had a far less effect.
Increasing the minimum wage would greatly improve the quality of life of these hard working Americans."
Boxer had a valid point that the current economic high times should be another argument to aid those who have not benefited from the economy.
He predicts that a $1 increase in the minimum wage would eliminate very few jobs, and his "hunch is that a wage hike would provide a mild stimulus" to economic growth.
With president Obama’s increase in the minimum wage to 10.10$ per hour people, both economists and politicians alike, have been debating whether raising the bar is a smart idea.
Matthew Kibb of the Cato Institute says
Members of Congress who support an increase in the minimum wage have all but monopolized the ethical high ground, using an appeal to simple economic justice as the single important justification for their position.
Among restaurants with the lowest initial starting wage " only 9 percent granted wage increases to workers earning $4.50 per hour when the minimum rose to $4.25" (Krueger, 1995, 162).
At a time when the country the country’s inflation continues to rise at a steady pace and Americans are constantly working to feed their families, some economists know that a raise in the minimum wage would help elevate some of the difficulty....
Next month, 10 million hard working Americans will get the raise they deserve"
(Reich, 1996, 1)
Reich went on to point out that minimum wage legislation is supported by 85 percent of the American public.
With president Obama working to increase the minimum wage to 10.10$ per hour people, both economists and politicians alike, have been debating whether or not raising the bar is a smart idea.
In an article, under CNN, the story of Kevin Burgos, an employed American father who’s suffering financially in the current state of the economy is used as an example to support the idea of increasing minimum wages.
In other words, when a company increases the minimum wage it pays, it was also institute a higher wage throughout the entire hierarchy of workers to make their pay more equitable.
staunchly opposes increases to the federal minimum wage, and accuses President Clinton of "political pandering." The president, they allege, publicly supports the minimum wage during election years and periods when Congress is Republican-controlled, but remains quiet on the issue at other times.