Wednesday, May 6, 2020

Should Minimum Wage Lift Millions Of Families Below The...

Will raising minimum wage lift millions of families above the poverty line? OR cause a drop in unemployment? Minimum wage today in Ga is 7.25 an hour, if a business has 6 or more workers then this minimum wage applies to the employees. â€Å"The Fair Labor Standards Act (FLSA) and Georgia labor law requires all employers in Georgia to visibly display an approved Georgia minimum wage poster, and other Georgia and federal labor law posters, to ensure that all employees are aware of federal and Georgia labor law and overtime regulations. Failure to display a Georgia labor law poster in the workplace can result in severe fines†. According to the (http://www.minimum-wage.org/states.asp?state=Georgia) an article on minimum wage done in 2009-2016.The†¦show more content†¦This extra money will go towards retail sales to increase in our economy. Getting on your feet and off of welfare can boost your motivation to want to work more to better be able to care for your own family. These are dreams of a lot of lower incomes families have. According to economist James Galbraith,†Ã¢â ‚¬â„¢ raising the minimum wage would raise the incomes of twenty-eight million Americans. Women would particularly benefit because they tend to work for lower wages than men.† In an article on raising minimum wage she wrote. President Obama wants Congress to pass a law that requires an increase in minimum wage to 10.10 an hour. Congress continues to stall in this matter. Fourteen states have already raised their minimum wage rates as of January 1, 2016. There has been positive growth in these states. One reporter writes, In the 13 states that boosted their minimums at the beginning of the year, the number of jobs grew an average of 0.85 percent from January through June. The average for the other 37 states was 0.61 percent† (NPR.org). Raising minimum wage will not only bring people out of debt faster but it could eliminate the social security worries causing taxes to go up the federal deficient would come down. Making it more affordable to continue receiving social security benefits to those who reach their age to receive them. Raising minimum wage

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