Thursday, April 29, 2010

Issue #2- boosting the minimum


Many people are not happy with minimum wage. Rasing the minimum wage would increase the amount of money for many families. Rasing minimum wage would hopefully lessen the amount of people who are in poverty. Congress passed a war funding bill in May 2007. This bill included raising minimum wage. However, there is still disputes over minimum wage. People who are for rasing minimum wage argue that even with the raise before people are still living in poverty. They argue that boosting the minimum wage would benefit many people with in turn would boost the economy as a whole. They also think that the wage increase should not have been tied to tax cuts because businesses get tax cuts very often. People who are against rasing minimum wage say it is counterproductive. They say that it only affects a smal percentage of the workforce so it does not have a significant effect of lowering poverty. They also say that teenagers make up half of the people who recieve minimum wage and they are not living in poverty. They say that rasing minimum wage will cause businesses to spend more which will lead to cuts which will lead to people not having jobs. They also say that a better way to go about this is to epand the EITC.

I believe that minimum wage should be increased. It is only fair to increase the amount that people get paid when prices go up. If wage doesn't go up with inflation then workers are actually getting pay cuts. Their dollar will not be worth as much. It is also not fair for people to sit in an office all day to get paid $88,000 a year and someone doing hard labor to get paid $11,000 a year. I know that those people went to college and have more education, so they should not be getting paid the same, that would also not be fair. I just think that minimum wage is not enough to keep up with rising prices. I disagree that the people who get paid minimum wage only make up a small percentage of the work force. Without the people to work in McDonald's and Wal-mart I'm not sure where everything would be. Those people keep everything together. Boosting minimum wage is not giving people a raise, it is just to keep up with rising prices. Nancy Pelosi is a house democrat who supports minimum wage. You can read more about her on this issue here:
http://www.house.gov/pelosi/press/releases/Feb05/ProsperityJobs.html