Why the Federal Minimum Wage is Not Enough | The Odyssey Online
Start writing a post
Politics and Activism

Why the Federal Minimum Wage is Not Enough

When we need to start a real shift toward higher minimum wages.

126
Why the Federal Minimum Wage is Not Enough
Ed Ivanushkin

The current federal minimum wage for covered nonexempt employees is $7.25 per hour since July 24th, 2009, which is about $15,000 per year.

In 1968, the minimum wage was $1.60 per hour, but adjusted for inflation it is $8.54 per hour, which is about $17,000 per year. Although the work productivity has increased over the years, the minimum wage has actually decreased. If the minimum wage grew at the same rate as the work productivity, it would be $21.72 per hour by 2012.

Instead of the federal government taking action to change the minimum wage, 30 out of the 50 states have already raised their own minimum wages. California authorized $15 per hour minimum wage, followed by New York. By raising the minimum wage for the middle class, the purchasing power and demand can continue to stimulate the economy. With organizations like $15 and fairness as well as Fight for $15, states from all across the country are assembling to go on strikes and protests.

According to the Pew Research Center (http://www.pewresearch.org/fact-tank/2017/01/04/5-...) there is still a lot of divisive debate amongst U.S. citizens about whether the minimum wage should stay the same or be raised. Hopefully the country will come to a consensus on increasing the minimum wage so that a majority of the population (approximately 20.6 million people) will have better living standards.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Entertainment

15 Times Michael Scott's Life Was Worse Than Your Life

Because have you ever had to endure grilling your foot on a George Foreman?

819
Michael Scott
NBC

Most of the time, the world's (self-proclaimed) greatest boss is just that, the greatest. I mean, come on, he's Michael Freakin' Scott after all! But every once in a while, his life hits a bit of a speed bump. (or he actually hits Meredith...) So if you personally are struggling through a hard time, you know what they say: misery loves company! Here are 15 times Michael Scott's life was worse than your life:

Keep Reading...Show less
Featured

12 Midnight NYE: Fun Ideas!

This isn't just for the single Pringles out there either, folks

15797
Friends celebrating the New Years!
StableDiffusion

When the clock strikes twelve midnight on New Year's Eve, do you ever find yourself lost regarding what to do during that big moment? It's a very important moment. It is the first moment of the New Year, doesn't it seem like you should be doing something grand, something meaningful, something spontaneous? Sure, many decide to spend the moment on the lips of another, but what good is that? Take a look at these other suggestions on how to ring in the New Year that are much more spectacular and exciting than a simple little kiss.

Keep Reading...Show less
piano
Digital Trends

I am very serious about the Christmas season. It's one of my favorite things, and I love it all from gift-giving to baking to the decorations, but I especially love Christmas music. Here are 11 songs you should consider adding to your Christmas playlists.

Keep Reading...Show less
campus
CampusExplorer

New year, new semester, not the same old thing. This semester will be a semester to redeem all the mistakes made in the previous five months.

1. I will wake up (sorta) on time for class.

Let's face it, last semester you woke up with enough time to brush your teeth and get to class and even then you were about 10 minutes late and rollin' in with some pretty unfortunate bed head. This semester we will set our alarms, wake up with time to get ready, and get to class on time!

Keep Reading...Show less
Student Life

The 5 Painfully True Stages Of Camping Out At The Library

For those long nights that turn into mornings when the struggle is real.

3262
woman reading a book while sitting on black leather 3-seat couch
Photo by Seven Shooter on Unsplash

And so it begins.

1. Walk in motivated and ready to rock

Camping out at the library is not for the faint of heart. You need to go in as a warrior. You usually have brought supplies (laptop, chargers, and textbooks) and sustenance (water, snacks, and blanket/sweatpants) since the battle will be for an undetermined length of time. Perhaps it is one assignment or perhaps it's four. You are motivated and prepared; you don’t doubt the assignment(s) will take time, but you know it couldn’t be that long.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments