Raising The Minimum Wage Is Far From Simple Essay
These remarks were made by President Obama after the bill to raise the minimum wage to $10.10 was blocked by congress. While I agree with most of what President Obama says here, there is one part I do not, to me the issue of raising the minimum wage is far from simple.
Minimum wage has been a very controversial issue throughout history. It was introduced, at a level of $0.25 per hour, in 1938 by President Franklin Delano Roosevelt. This was a move to help combat the declining economy during the Great Depression. A part of the Fair Labor Standards Act (FLSA), minimum wage has been raised twenty two times by twelve different presidents. It has been raised for a variety of reasons including to boost the economy and promote equality among other reasons.
There are a couple of important facts to know when discussing minimum wage. An important fact to remember is that the federal minimum wage differs from the individuals state’s minimum wage. The law states that workers must be paid the higher of the two wages. Furthermore, there are specific categories of workers for which the minimum wage law differs. For independent contractors, small farm workers, outside sales people, apprentices and others,…