Writing Resources
In 1938 the federal minimum wage was introduced It started at 25 cents an hour and has been changed by congress a total of 22 times It is now 7 25 What s saying it can t be changed again Inflation has not been accounted for with the minimum wage so its purchasing power has decreased so much over the years Raising the minimum wage would reduce poverty and income inequality would allow people to afford housing and other everyday essentials all while increasing economic activity and spurring job growth Raising minimum wage could cause many great things to happen but It could also be very bad An increase in poverty hurt businesses and force them to close and increase housing costs The minimum wage is a very controversial topic and could benefit or hurt people The question is being able to live comfortably worth the negative effects that raising the minimum wage could cause Increasing minimum wage could reduce poverty and reduce income inequality In a Congressional Budget report of 2014 it was found that 300 000 people would no longer be in poverty if the federal minimum wage was raised to nine dollars an hour If it increased to 10 10 and hour even more people 900 000 would no longer be in poverty
