One of the many changing concerns of our time is the standard of living for average citizens. The standard of living is continuing to rise. Inflation hourly wages have increased more than 200% since 1947. These low wages have caused many Americans to lose their jobs while others are becoming very successful. There has become a large gap between successful Americans and lower class Americans. This gap is considered to grow apart as time goes on. Something that is jeopardizing this is salary income. Salaries vary on a huge scale and the amount a person receives depends on location, field, position, and experience. Although there is a federal minimum wage that ensures workers to have enough money to live on, reality sets in and it continues to be not enough. In the issue of boosting minimum wage, many people supported the boost from $5.15 an hour to $7.25 an hour. This increase would allow a higher take-home pay and would help many Americans get out of poverty. There is also a protest to this issue where some people think that raising the minimum wage would not effect allot of the population since most workers are teenagers. They also state that raising the wage would lead to higher prices and more job cuts.
I agree that the minimum wage being increased was a positive decision. Not only is it more money for the workers, but it also gives to the economy. More people with more money leads to more items being purchased. It will assist people living in poverty, exceptionally single mothers. People earning $7.25 and still in poverty can still receive food stamps and the Earned Income Tax Credit. Many options are still available for those people in need. Boosting the minimum wage can help many Americans get back on their feet.
President Bush supports this plan. In May 2007, he passed the funding bill, which came out of an Iraq funding, to raise the minimum wage. He also passed a bill that provided small businesses tax breaks by providing $4.8 billion.
Issue #3: (none done so far)
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