Holding the nominal wage at $5.15 an hour is sorry and should be changed, says Senator Richard J. Durbin (Momentum 2006). September 1, 1997- September 1, 2006, nine years overcharge up passed without an accession in the federal b parliamentary lawline wage of united States, nine years since the Congress has been debating the plan of raising the nominal wage from $5.15 to $7.25. Although many business groups, economists and senators atomic number 18 fighting against measures to attach the minimum wage under the mask of it will catch inflation, such proposition should be rejected because it prevent to the highest degree 15 one million million millions of American from being paid an higher wage, enjoying a timeworn life, and rising out of poverty line. Congress should trick up minimum wage to $7.25 an hour; almost 15 millions American people would benefit from this change. According to Senator Edward Kennedy, It?s long by time for Congress to give these hard-workin g Americans a raise (War on Poverty 2005). The nonprofit Economic Policy Institute has estimated that if the minimum wage could be raised from $5.15 to $7.25 by 2008, then an estimated 14.9 million workers (11% of the workforce) would receive an growth in their hourly wage rate. This maturation would affect 6.6 million workers (5% of the workforce) of these workers who currently earn less than $7.25. The unnecessary 8.
3 million workers (6% of the workforce) earning slightly above the minimum would in addition seeming benefit from an increase due to spillover effects (Facts at a Glance 2006).Really, after going through t his explanation, an increase in the federal ! minimal wage would be an jussive mood must. I dont know what they think, but in todays world, 5.15 an hour wont put up a down payment on someplace to impose denture; 5.15 an hour wont buy a reliable car to generate to work; 5.15 an hour... If you want to get a undecomposed essay, order it on our website: OrderCustomPaper.com
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