Case for More Than the Minimum Wage, written by Peter Coy on February 13th, 2014. The article starts with talking about President Obama’s 2014 State of the Union address calling for an increase in the minimum wage to $10.10 per hour. There was also a reference in the 2013 State of the
to raise the minimum wage. The minimum wage is the lowest hourly salary an employer can pay an employee for their work. According to Williams (2013), “The minimum wage was signed into law by President Franklin Roosevelt in 1938”. The first minimum wage was 25 cents per hour. Since then, the minimum wage has been increasing as the last increase of Florida's minimum wage was an increase of 14 cents on Jan. 1, 2014. This federal increase makes it 68 cents higher than the federal minimum wage of $7.25
Abolishing Minimum Wage Increase, decrease or abolish minimum wage; which is best for our citizens and our economy? Minimum wage was implemented to help unskilled workers to make a living wage but as time goes on the value of minimum wage has plummet. In my research paper I will provide knowledge about minimum wage such as the history, purpose, benefits and the results. I will also present the pros and cons of abolishing the minimum wage and the increase/decrease of minimum. The minimum wage was
Picture this: You are a single parent of two, you work 40 hours a week plus occasional overtime at a minimum wage paying job, you struggle to put food on the table to feed your family, and then you receive a call from the bank saying that your home is being foreclosed. This is the situation faced by thousands of Americans every year due to low income and wealth inequality. The federal minimum wage (FMW) as of April 2014 is $7.25, which is not enough to keep a family of two above the poverty line
situational irony in Willy’s life, underlining the theme of self-deception in regard to the American Dream. This American Dream, fueled by money, is the main source of anxiety in Willy’s life. The anxiety of income is reflected today in the issue of minimum
with the dilemma of service employees earning minimum wage in the United States, “Even with the tax relief we’ve put in place, a family with two kids that earns the minimum wage still lives below the poverty line…that’s wrong” (qtd in State of the Union Address 2013). The debate over whether or not the minimum wage should be raised has carried on for years between Democrats and Republicans. While many Republican politicians feel that an increase in minimum wage would be devastating to the economy in
The affordability problem is across all states and largely affects the working wage earners and below.(Housing Needs Assessment, 2015 booklet page 297) This is because throughout the nation there is a large differences between minimum wage, housing wage, and the affordable units available. As noted earlier in the essay, King County is experiencing a huge affordable housing Crisis. The 2015 Housing Needs Assessment indicated that there are only 28 affordable units for every 100 extremely cost burden
Nickel and Dimed: On (Not) Getting By in America details the work of Barbara Ehrenreich who undertook an economic social experiment to see if single mothers can survive financially with low wage jobs by integrating into the role of single mother entering the workforce. Of course with every experiment there were conditions and limits, for Ehrenreich there were three rules she tried not to break. Ehrenreich was to survive on low wages in three cities across America and in order to best replicate the
In the United States, there are more than 30 million people who work in jobs that pay poverty wages and provide few if any benefits (Low, 2015). The lowest income bracket has been getting increasingly poorer and since 1968, the real value of the minimum wage has progressively declined (Dietrich, 2004). Most low-wage employers do not offer health insurance to their employees and if they do, premiums are too high for employees to afford. Sick pay and retirement benefits are not likely to exist in these
Arguments for an Increase in the Minimum Wage One of the most obvious and anticipated effects of a minimum wage increase is the income increase especially for families on and below the poverty line. An approximated 16.5 million people stand to gain from added wages, and most families ' incomes would, in fact, rise above the federal poverty threshold (Congressional Budget Office). With so many families depending on the minimum wage to forge a livelihood, an increase would be a blessing in disguise