Monday, October 29, 2012
Minimum Wage, yo
In my opinion, I believe that the Federal minimum wage should be set to $8.50 per hour because this allows all working Americans to live in the middle class and not be subjected to poverty. This price permits employers to hire enough people to help maintain a business, as well as sustain satisfaction within the workers. Happy workers create faster, more efficient production; therefore, machines do not have to run all night. This reduces the cost of electricity bills. The minimum wage currently is $7.25 per hour. I do not think this is enough for Americans to live a happy life, without being on the borderline of poverty. The government should be considering the idea of raising the minimum wage slightly, in order to benefit Americans. However, raising the minimum wage could increase the price in housing and property tax. Would this still force millions of Americans into poverty?
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