Friday, November 18, 2016

Blog #6 : Comment on Increase USA Minimum Wage.

          I totally agree with the M. Kristina's point over increasing USA minimum wage in the blog Increase USA Minimum Wage. As the federal minimum wage was introduced in 1938 during the Great Depression under President Franklin Delano Roosevelt. It was initially set as $0.25 per hour and has been increased by Congress 22 times, recently in 2009 when it went from $6.55 to $7.25 an hour. Proponents of a higher minimum wage state that the current federal minimum wage of $7.25 per hour is too low for anyone to live on; that a higher minimum wage will help create jobs and grow the economy; that the declining value of the minimum wage is one of the primary causes of wage inequality between low and middle-income workers; and that a majority of Americans, include a slim of majority of self-described conservatives, support increasing the minimum wage. I agree with the Kristina saying in the blog that every human's philosophical dream of having happy and successful life in U.S. can be achieved by changing our minimum wage.
             By increasing the minimum wage, there will be many benefits to the country and the people living in it. The first would be that millions of Americans would see a pay raise that could go toward meeting their basic needs and living expenses. A recent analysis by CNN was even more aggressive, implying that 5 million Americans would be lifted out of poverty at $10.10 per hour. More workers being able to pay for their basic expenses is a good thing, as it may lead to less reliance on government and state-sponsored financial aid programs. The other benefit would be extra pay in the pockets of some 16.5 million workers could trickle down to retailers and provide a boost to the economy. Since the Fair Minimum Wage Act of 2007 raised the federal minimum wage to $7.25 an hour starting in 2009, there have been numerous unsuccessful attempts by Congress to raise the wage further. The two main efforts are the Harkin-Miller proposal to raise the wage to $10.10 nd the Living Wage Movement to raise the wage to $15. Even though some of the movement failed but, the fact is increasing U.S. minimum wage concept is thought by everyone.
            Thus, increasing the minimum wage of U.S. would help all citizens to achieve the "America Dream" and actually I agree with Kristina's commentary on Increase Minimum Wage Blog.
           

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