Minimum wage in the US.
Title: Minimum wage in the US.
Category: /Law & Government/Government & Politics
Details: Words: 829 | Pages: 3 (approximately 235 words/page)
Minimum wage in the US.
Category: /Law & Government/Government & Politics
Details: Words: 829 | Pages: 3 (approximately 235 words/page)
It sounds simple raise the minimum wage, reward hard work, and strike a blow against the society's inequalities. It's an emotional argument that blurs out the truth and make's people forget one important economic lesson: There's no such thing as a free lunch. The minimum wage has not been increased since the industrial welfare commission raised it to $4.25 an hour. The IWC and the legislature have not agreed since that time that any additional increase
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increase.
This increase in wages was to steep of an increase nobody is really benefiting from this, although it makes the employees earning the higher wage feel better. I think a slow increase over time would have been better for the employee because you would actually see your increase of money staying in your pocket. Right now with your wages rising, your cost of living is also rising so in actuality you are spending more.


