The Minimum Wage Should be Raised

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Minimum wages go all the way back to 1938, during the great depression, when the stock market crash and bank loan were failing. Families need income of some type, were they wanted to make it fair were individual could get pay the same without a college degree. I am going to start off with a little about minimum wages history and how this could help our Economic. In 1892 Federal Government adopt an 8 hour workday and other wages standard for employee. In 1903 Congress create the U.S. Department of Commerce and Labor. In 1933 Congress passes the National Industrial Recovery Act covering private sector wage hour (Congressional Digest). “On Saturday, June 25, 1938, to avoid pocket vetoes 9 days after Congress had adjourned, President Franklin D. Roosevelt signed 121 bills. Among these bills was a landmark law in the Nation’s social and economic development- Fair Labor Standards Act of 1938” (Jonathan Grossman, Fair Labor Standards Act of 1938 becomes basic federal statute governing minimum wage, working hour, equal pay, and child labor. Minimum wages was set at .25 cents an hour (Congressional Digest). Congress could raise minimum wages if our economic growth was better. Congress just cannot change minimum wage overnight. This take time and also studies to make sure the United State business can afford to pay more. But also now that minimum wages is only $7.25. Now, somehow the President and Congress think that a low-income family can live off less than $15,080 a year in 2012, according to David and Doug. Minimum wages did not fall pass the poverty line till about 1980. But also the value of a dollar was worth way more back then. During are economic growth has expanded, in which it means more people, and not enough job... ... middle of paper ... ... in better shape today we would be making more than $7.25. But the value of a dollar is not worth what it once was. I believe that today minimum wage should be raised because everyone will need to have health insurance because it became a law in 2014. Works Cited Cooper, David, and Doug Hall. "Raising the Federal Minimum Wage to $10.10 Would Give Working Families, and the Overall Economy, a Much Needed Boost." N.p., 13 Mar. 2013. Web. 01 Dec. 2013. "Fair Labor Standard Timeline Evolution of Fedral Minimum Wage Law." Congressional Digest. N.p., Mar. 2007. Web. 1 Dec. 2013. "Home - Wage and Hour Division (WHD) - U.S. Department of Labor." Home - Wage and Hour Division (WHD) - U.S. Department of Labor. N.p., n.d. Web. 04 Dec. 2013. "Rebuilding an Economy That Works for All of Us." Fair Minimum Wage Act of 2013. N.p., n.d. Web. 05 Dec. 2013.

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