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The minimum wage law was set in 1938 with the idea being that every employed person deserved to live at a certain minimum standard of living. Minimum wage was supposed to be raised as inflation and the cost of living increased. However, that has not happened.
Pros:
-would put less stress on families
-would actually accomplish purpose
-would help people get off of welfare
-would allow more people to be able to afford preventative health care
-people would not be forced to work multiple jobs
-less people would be forced to break the law to get money
Cons:
-some smaller businesses would have to lay off workers
-it would potentially slow economic growth
-raise high school drop-out rate
-create larger job market
-create more competition for fewer jobs
The above lists barely scratch the surface of reasons to raise or not raise minimum wage. This issue is typically divided political party, with Democrats for raising it and Republicans against raising it.
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What percentage more is Florida's minimum wage than the federal minimum wage?
Florida's minimum wage at $6.79 is 16+% greater than the Federal minimum wage of $5.85 as of July 2008.
What did congress raise the minimum hourly wage to during kennedys term?
$1.25 an hour
What of Congress's powers is implied through the necessary and proper clause?
The power to pass a national minimum wage law.
What was one of Truman's goals as president?
Unification of the armed forces and the strengthening of the economy of the US were some of the goals of Truman as the president.
By 1880 nearly three quarters of black southerners became what?
They became tenant farmers and achieved minimum autonomy through sharecropping.
