Minimum Wage Pros And Negatives

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According to Franklin Roosevelt in his article excerpt from “The Economic Bill Of Rights”, “The right to earn enough to provide adequate food and clothing and recreation” (17). The United States has not raised the federal minimum wage since 2009, resulting in today’s minimum wage to be a poverty wage. If minimum wage were to continue to follow the inflation rates from 1968, the minimum wage would have rounded to $21.71 by 2016. Today 's minimum wage employees earn around $15,080 before taxes, working full time jobs annually, which means everyone that makes minimum wage is below the federal poverty line. More than 50 percent of people are just making bare ends to survive in the US because they are not making enough to support themselves or their According to Moore, Winston, Rudolph Browne, and Shernel Thompson in a report by the Journal Of Eastern Caribbean Studies entitled “The Potential Impact Of A Minimum Wage On Poverty And Income Distribution In Barbados”, there are currently two main views regarding the minimum wage and its impacts being proposed to how minimum wage is linked with negative effects, both of which make teenagers and adults confused with their earnings and whether or not they are not getting paid what they deserve (3-4). The first of view is the “advocacy view”, which holds that for individuals whose earnings fall below the minimum wage, generally the unschooled and unskilled, setting a fair wage has the potential to improve their economic well being. The second view, the “critics,” argue that the negative employment effects may be large enough to offset the benefits gained from the additional income. This article is all about the impact of how minimum wage can affect the poor and wealthy people and how they live, it shows what it is like to live off minimum wage. It does not matter what wealth somebody has but how much effort someone puts into their work; those who are working

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