The Pros And Cons Of Minimum Wage

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Economically, World War 2 did numbers for our country. We unified against an enemy on the battlefield and filled our factories with Americans. Franklin D. Roosevelt had established a minimum wage of 25 cents per hour, which translates into $4.11 per hour today according to the United States Department of Labor. People were working and earning base wages that had been established in 1938. However, today’s minimum wage in the United States is $7.25 per hour, and Americans demand an unnecessary increase. There are three particular arguments against the increase of minimum wage: the decrease in incentive for a higher education, a part time job turned into a career, and it forces the hand of CEOs to find cheaper work alternatives. The argument against increasing wage is thought to be a heartless one, yet really has concern of others at heart. Minimum wage is worth a semester of research because the proponents of minimum wage increase raise thoughtful points. Points like: minimum wage doesn’t support living costs, increased wage allows more money to circulate through our economy, and that minimum wage has not kept up with inflation. Minimum wage is…show more content…
An article from the U.S. Department of Labor discusses the history and purpose of the Fair Labor Standards Act of 1938 (FLSA). In the article it says the act only applied to certain industries, but that it “banned oppressive child labor and set the minimum hourly wage at 25 cents, and the maximum workweek at 44 hours” (Department of Labor). This same article goes on to discuss history of the bill and the revisions made. After appropriately understanding why it was implicated by FDR, I plan to track the changes made to the minimum wage. Identifying these changes in respect to the fluctuating economic positions, are essential for understanding why it’s 2016 and some of us are now pressing for
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