Sunday, May 8, 2011

Issue #2- Boosting the Mininum

Increasing the mininum wage from $5.15 to $7.25 was a very good idea. With the wage increase and the Earned Income Tax Credit (EITC), which is things like food stamps, all helped to bring people out of poverty so they could live their life a little more comfortable By creating wealth to more and more citzens, the economy will also boost, because when more people can get their hands on more money, more resources and accesories will be purchased. But some people argue that this is not a good idea because nearly half of the people in the work force are teenagers that are not in poverty.

I agree that the mininum wage increase was a great idea. Not only because i get paid more now, but for that it actually helps alot of people out in society. Full time workers that are working 40 hours a week can now make 80 dollars more! thats a huge increase. Especially for large families or for single moms that have to support their kids. That $80 can go a long ways. Everyone can afford to have a little extra cash lieing around. Some people argue that its not smart because teenagers are half of the workforce that are getting the raise. But we are part of the workforce, we all have college to pay for. Its really annoying when people dont take that into a count. We need to have and make money just like anyone else in the world does. I know personally that i would not want to have to be in college and work my butt off 40 hours a week just to make our payments. We need to have a little cash coming in to have and be able to go visit family and live comfortably as well.

Issue #1- All things being unequal: http://katieb123456.blogspot.com/2011/05/all-things-being-unequal.html

Issue #3- Putting Welfare to Work: http://leah-bloggityblog.blogspot.com/2011/05/putting-welfare-to-work.html

Picture Citation: http://farm1.static.flickr.com/26/61056391_31343afdc6.jpg




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