The Benefits in Raising the Minimum Wage in the U.S.
The American dream is about hard work, making a home, and the pursuit of happiness. However, for a few individuals, no matter how hard they work, that dream seems out of reach. The Great Depression pushed large numbers of people into poverty and unemployment. The requirement for a wage standard was authorized with the Fair Labor Standards Act in 1938, requesting a few businesses to follow with the minimum wage and hour’s required by law. The law was intended to support the economy and customer spending to keep laborers from hitting the poverty line. Today, there is a disagreement on whether or not the minimum wage should be raised. The benefits of raising the minimum wage are to help people …show more content…
It makes it extremely difficult for individuals to bear the cost of fundamental necessities. Members of the legislative branch have introduced a bill named the Fair Minimum Wage Act of 2013 (fox), which would raise the minimum wage to $10.10 in hour. However, increasing the minimum wage to $10.10 an hour would lift people out of the poverty line. An article called, “Raising the Federal Minimum Wage to $10.00”states, ‘That wage level ‘would reduce the poverty rate among Americans between the ages of 18 and 64 by as much as 1.7 percent. Furthermore, about 4.6 million of people would be lift above of poverty, which would be good for this country. According to an article called History of the Federal Minimum Wage says, “A family of three with one full time (minimum wage) worker was only able to stay above the poverty line between 1964-1978” (Michael). Moreover, it continues to show how lower wage earners cannot be considered gains at …show more content…
According to Bryce Covert said that the 13 states such as Florida, New York, and Ohio have a big change in their employments within the first five months. And he also said that nine out of the thirteen states that increase their minimum wage have seen a growth higher media rate (covert). Furthermore, one can see that if the minimum wage was to increase it help many parent because they would not have to work two jobs to take care of their family and parents would be able to spend more time with their
The American dream is about hard work, making a home, and the pursuit of happiness. However, for a few individuals, no matter how hard they work, that dream seems out of reach. The Great Depression pushed large numbers of people into poverty and unemployment. The requirement for a wage standard was authorized with the Fair Labor Standards Act in 1938, requesting a few businesses to follow with the minimum wage and hour’s required by law. The law was intended to support the economy and customer spending to keep laborers from hitting the poverty line. Today, there is a disagreement on whether or not the minimum wage should be raised. The benefits of raising the minimum wage are to help people …show more content…
It makes it extremely difficult for individuals to bear the cost of fundamental necessities. Members of the legislative branch have introduced a bill named the Fair Minimum Wage Act of 2013 (fox), which would raise the minimum wage to $10.10 in hour. However, increasing the minimum wage to $10.10 an hour would lift people out of the poverty line. An article called, “Raising the Federal Minimum Wage to $10.00”states, ‘That wage level ‘would reduce the poverty rate among Americans between the ages of 18 and 64 by as much as 1.7 percent. Furthermore, about 4.6 million of people would be lift above of poverty, which would be good for this country. According to an article called History of the Federal Minimum Wage says, “A family of three with one full time (minimum wage) worker was only able to stay above the poverty line between 1964-1978” (Michael). Moreover, it continues to show how lower wage earners cannot be considered gains at …show more content…
According to Bryce Covert said that the 13 states such as Florida, New York, and Ohio have a big change in their employments within the first five months. And he also said that nine out of the thirteen states that increase their minimum wage have seen a growth higher media rate (covert). Furthermore, one can see that if the minimum wage was to increase it help many parent because they would not have to work two jobs to take care of their family and parents would be able to spend more time with their