As the election approaches closer, our primary candidates have opposite point of views towards the minimum wage. Historically, Franklin Roosevelt introduced the Fair Labor Standard Act to end a socioeconomic unfairness; a time when entire families, including children, worked for long hours in hazardous factories to barely afford expenses. The new law revolutionized the work industry into our current forty hours a week system, benefits, overtime, the abolishment of child labor, and the federal minimum wage. The recent Great Recession in 2008 put many families out of work and out of home. Because many feel The Great Recession’s effects to this day, many propose to increase the minimum wage as means to fight our increasing income inequality gap and afford to pay increasing expenses.
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Currently, the Democratic platform have committed to increase the minimum wage to fifteen dollars an hour. On the other hand, Republicans claim that increasing minimum wage will increase unemployment and consequently more people will require the need of governmental assistance. Specifically, Paul Ryan, Speaker of the House, is concerned about jobs being taken away to those who want to reach the economic ladder. While I agree that some people may have economic trouble to support their families, I do not see how a minimum wage increase directly benefits those who are in
Currently, the Democratic platform have committed to increase the minimum wage to fifteen dollars an hour. On the other hand, Republicans claim that increasing minimum wage will increase unemployment and consequently more people will require the need of governmental assistance. Specifically, Paul Ryan, Speaker of the House, is concerned about jobs being taken away to those who want to reach the economic ladder. While I agree that some people may have economic trouble to support their families, I do not see how a minimum wage increase directly benefits those who are in