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Minnimum Wage. A big debate that has been going on for a while has been whether
or not Congress needs to pass a bill that would again raise the minimum wage. ...
... etc. on a salary of minnimum wage. Her motivation is to see how well welfare
reform has really worked through out our country. Barbara ...
Submitted by aladdin_08 on February 25, 2007
Category: Social Issues
Words: 1558 | Pages: 7
Views: 250
Popularity Rank: 45,734
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A big debate that has been going on for a while has been whether or not Congress needs to pass a bill that would again raise the minimum wage. Now that the Democrats have taken control of the House, they have decided to over rule the Republicans. The bill to raise the minimum wage, which the White House was opposed to, was passed through the House of Representatives on January 10. The Democrats found that the best decision would be to increase the minimum wage another $2.10 to $7.25 over the next 26 months. After doing some extensive research on this topic raising the minimum wage would have many negative effects on the economy as a whole. About 6.6 million people (5% of workforce) who earn less than $7.25 would be directly affected by the increase (Facts at a Glance 2007), but studies show that the increase, which is geared toward helping the unskilled workers, could actually cost many of them their jobs. Unemployment throughout the major cities will undoubtedly see an increase from the employers not being able to pay all their unskilled workers the increased wage (NCPA 2001). An increase in minimum wage will cause more problems for youths, minorities, unskilled workers, and even the middle class. This paper will also show how past increases of the minimum wage has affected unemployment, prices of products, and the economy.
Although an increase in the minimum wage indisputably has its downfalls, an argument that has to be conceded is that some people in the U.S. would be able to benefit. The increase in the minimum wage would raise the standard of living for many families already living under the poverty line. According to (Facts at a Glance 2007), the increase in the minimum wage would benefit approximately 15 million hourly paid workers. The increase would allow 7.3 million children to see their parent's income rise. This in turn would make for an enhanced living environment for not only the children but the entire family that suffers trying to...
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