Tuesday, December 24, 2019
The Debate Over The Federal Minimum Wage - 2149 Words
Over the past few years the debate over the raise of the federal minimum wage of the current $7.25 has been argued by both sides, whether it should be raised or not. With both side, the affirmative and negative making strong arguments for their side. We will take a look at how each side frames their issues as how well their counterpart can refute those claims. The affirmative would like to propose the raise of the federal minimum wage to $12.00 by the year 2020; this is the standard that most states are going with. For example, California being one of the most recent to change their federal minimum wage to $12.00 by the year 2020. The negative would like to stay with the current federal minimum wage of $7.25, in other words defend the status quo. We will look at all the major arguments the affirmative and negative side have and in the end go with the best option for the majority. Aristotleââ¬â¢s three fundamental concepts will help determine what decision should be made after each side of the public state their case. Aristotleââ¬â¢s three fundamental concepts are truth and probable truth, Ethos (Credibility), Pathos (Emotional Appeal), Logos (Logic), and his final concept, itââ¬â¢s all about the audience. So what exactly is the minimum wage and what is its purpose? Minimum wage is the minimum an employer has to pay an unskilled worker based on the regulations set forth by the Fair Labor Standards Act (FLSA) that was originally established in 1938 according to the United StatesShow MoreRelatedEffects of Increasing Minimum Wage794 Words à |à 3 Pageshaving a federal minimum wage is a good one. The idea is to protect low and unskilled workers and allow workers to earn a living wage. The recent debate on the floor, though, is whether or not to raise the minimum wage from the current $7.25 per hour up to $10.10. President Barack Obama made this proposal during his annual State of the Union Address, and after this there were many hot debates about it. The debates focused not only on the pro side and the con side of increasing the minimum wage, but alsoRead MoreEffects of Increasing Minimum Wage Essay988 Words à |à 4 PagesThe idea of having a federal minimum wage is a good one. The idea is to protect low and unskilled workers from discrimination and allow all workers to earn a living wage. The recent debate on the floor, though, is whether or not to raise the minimum wage from the current $7.25 per hour up to $10.10 per hour. President Barack Obama made this proposal during his annual State of the Union Address on January 28, and following this there were many hot debates about it. The debates focused not only on theRead MorePros And Cons Of The Minimum Wage1620 Words à |à 7 PagesIncreasing the federal minimum wage has been a controversial topic around the United States; many people are in favor of raising the minimum wage, while others heavily oppose the idea. While everyone is entitled to their own opinion, statistics have shown that the minimum wage is closely correlated to public health, and it shows that this topic is a much bigger and broader picture than simply economics. The federal minimum wage has a history that dates all the way back to 1938, and the strong debates and opinionsRead MoreMinimum Wage Of The United States Of America And Australia1031 Words à |à 5 Pagesvarious countries see growth in their economy, there has also been significant differences in the wages set to employees in different countries. The lowest wages set by the law that are fixed to a particular amount which is also defined to be the price floor below which workers shall not sell their labor, has its own effects. The minimum wage law came into force as a matter of social justice amongst the low-wage workers, also to reduce exploitation and see that workers can afford the standard basic livingRead MoreEssay on The Debate over Raising the Minimum Wage1502 Words à |à 7 PagesThe federal minimum wage was raised to $ 7.25 an hour by Congress in 2009, something that has been carried out only a handful of times since the establishment of the wage in the Fair Labor Standards Act in 1938. Even with this modest rise in income, the minimum wage today does not provide for a decent standard of living. It has failed to keep pace with the wage growth of an average American worker. The minimum wage was intended provide a minimum standard of living; to aid in alleviating povertyRead MoreFederal Minimum Wage Should Be Raised877 Words à |à 4 PagesRecently, the call to raise the Federal minimum wage has gotten stronger. Some states have taken the initiative recently to raise their state minimum wage above the federal guidelines. Currently someone who makes $7.25 an hour working full time under the Federal minimum wage earns $15,080 annually before any taxes are taken out. Critics of the proposal to increase federal minimum wage believe that increased labor costs force businesses to cut jobs to make up for the decrease in profit (Mejeur).Read MoreCongress As Part Of The Fair Labor Standards Act1084 Words à |à 5 Pagesinstituted minimum wage back in 1938. The first minimum wage was at $0.25 per hour and the last minimum wage increase occurred in 2007. Over the past 65 years the minimum wage has varied considerably in inflation-adjusted buying power. It has averaged $6.60 an hour in purchasing power in 2013 dollars, but it has ranged from a low of $3.09 an hour in late 1948 to a high of $8.67 an hour in 1968. Todayââ¬â¢s minimum wage buys somewhat more than the minimum wage has historically, although it remains over a dollarRead MoreThe Minimum Wage Should Not Reduce Poverty1214 Words à |à 5 Pagesbelief persists that paying a higher minimum wage would aid in lifting people out of poverty by giving those with low paying jobs a higher income, however the evidence suggests otherwise. As the 2016 race for the White House heats up, the minimum wage battle stands at the forefron t of every economic discussion. The rhetoric between candidates within and across party lines intensifies by the day. While the debate over whether or not to raise the federal minimum wage from $7.25/hour to $15/hour ragesRead MoreShould Minimum Wage Be Raised?1062 Words à |à 5 Pagesever pressing question regarding Minimum wage. Not many subjects can ignite a controversy as quickly as that of whether or not minimum wage should be raised, or by how much should it be raised or if it should remain the same. What is minimum wage? By definition, minimum wage is the minimum hourly wage an employer can pay an employee for work. (ââ¬Å"MinimumWage.comâ⬠) Americaââ¬â¢s minimum wage was first introduced by President Franklin D. Roosevelt in 1938. That minimum wage was introduced as part of the FairRead MoreThe Issue Of The Minimum Wage1514 Words à |à 7 Pages6-8 pages The issue of the minimum wage has recently come to the forefront of the debate on social policy. There is much disagreement over the wisdom of an increase in the minimum wage in the current fragile economic recovery. Some argue that a dramatic increase is what is needed in order to lift the standard of living for those in the bottom of the economic pyramid. Economists reason that the basic principle of supply and demand mandates than an increase in the wage would result in the loss of
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