Doyle, A. (n.d.). 2017 Federal and State Minimum Wage. The minimum wage is the lowest hourly pay that can be awarded to workers. The Federal Minimum Wage in the US right now is $7.25 an hour. The Federal Minimum Wage should be raised to $11.00 an hour. If minimum wage in the United States was increased it will boost the economy, poverty rates will decrease and it will help families and generations after get off government assistance.
Lopresti, J. W., & Mumford, K. J. (2016). Who Benefits from a Minimum Wage Increase? Academic Journal. Firstly, everyone can prosper from a raise no matter how substantial or modest. Consequently, putting the Federal minimum wage at $11.00 an hour will allow …show more content…
There are hard working families that work full time and some over time making the minimum wage and are still poverty- stricken. Nevertheless, The Federal Minimum Wage right now is $7.25 however, Florida’s minimum wage is $8.10, thankful for the increase but think about this. According to three different reliable websites, including https://www.expatistan.com/cost-of-living/tampa, the cost of living in Florida is roughly $1,500. The head of household is making Florida state’s minimum wage of $8.10 an hour, 40 hours a week. $8.25 times 40 equals $324 a week, multiply that by 4 that equals $1296 on the other hand that’s pretax. The average rent in Florida is nearly $1000 per month for a one bedroom. Still must pay utilities, nourishment, transportation etcetera. The head of household won’t have the money to provide the important components that the family needs and won’t be able to be the active purchaser the community in order to boost the economy. However, if the head of household made at least $11.00 and hour that would be great and able to take care of the family properly and come out of poverty. It’s hard to make a deposit on an apartment making $8.10 an hour. Most apartments wanted first and last month’s rent. Most people who are making minimum wage can’t do that so they are forced to stay in a small motel with their families. Another thing is that most apartments and
Lopresti, J. W., & Mumford, K. J. (2016). Who Benefits from a Minimum Wage Increase? Academic Journal. Firstly, everyone can prosper from a raise no matter how substantial or modest. Consequently, putting the Federal minimum wage at $11.00 an hour will allow …show more content…
There are hard working families that work full time and some over time making the minimum wage and are still poverty- stricken. Nevertheless, The Federal Minimum Wage right now is $7.25 however, Florida’s minimum wage is $8.10, thankful for the increase but think about this. According to three different reliable websites, including https://www.expatistan.com/cost-of-living/tampa, the cost of living in Florida is roughly $1,500. The head of household is making Florida state’s minimum wage of $8.10 an hour, 40 hours a week. $8.25 times 40 equals $324 a week, multiply that by 4 that equals $1296 on the other hand that’s pretax. The average rent in Florida is nearly $1000 per month for a one bedroom. Still must pay utilities, nourishment, transportation etcetera. The head of household won’t have the money to provide the important components that the family needs and won’t be able to be the active purchaser the community in order to boost the economy. However, if the head of household made at least $11.00 and hour that would be great and able to take care of the family properly and come out of poverty. It’s hard to make a deposit on an apartment making $8.10 an hour. Most apartments wanted first and last month’s rent. Most people who are making minimum wage can’t do that so they are forced to stay in a small motel with their families. Another thing is that most apartments and