Goal
Discuss the pros and cons of raising the minimum wage
Instructions
Respond to the following prompts in a post with a minimum of 200 to 250 words.
As part of the Fair Labor Standards Act, the federal government initiated a national minimum wage in 1938, which has since been raised 22 times, the latest increase in 2009 going to $7.25 per hour. State-level minimum wage increases have occurred with much greater frequency, especially quite recently, with 17 states raising minimum wages in 2016 and 19 states doing so in 2017.
Do you support higher minimum wages? Why? Why not?
Useful Links:
Pro Con-Min Wage https://minimum-wage.procon.org/
$15 minimum wage debate: Why some say ‘flipping burgers’ is the hardest job https://www.today.com/money/experts-minimum-wage-increase-t208730
The Local Aggregate Effects of Minimum Wage Increases https://www.bostonfed.org/publications/research-department-working-paper/2017/the-local-aggregate-effects-of-minimum-wage-increases.aspx
History of Federal Minimum Wage Rates Under the Fair Labor Standards Act, 1938 – 2009Links to an external site. https://www.dol.gov/agencies/whd/minimum-wage/history/chart