Friday, April 12, 2013

Time for a Raise?

By Patricia Smith
This article is about how Barack Obama wants to change minimum wage from $7.25 to $9 an hour. It would be the first increase in minimum wage since 2009. The first minimum wage boost was in 1938 during the Great Depression when President Franklin D. Roosevelt had made a deal to change minimum wage to 25 cents an hour. If this plan comes into play millions of people will no longer be making so little money.
"This single step would raise the incomes of millions of working families," Obama said during the Union address in February. "It could mean the difference between groceries or the food bank, rent or eviction, scraping by or finally getting ahead. For businesses across the country, it would mean customers with more money in their pockets."
Some people agree with the new change and others do not. The people who don't agree with this is the people who are going to be kicking out more money to pay for employees and because they have to kick out more money to pay them they are going to hire less people, which would probably make it harder for people to keep their jobs or get one.
"Small employers often have to operate under very slim profit margins," says Randy Johnson of the U.S. chamber of Commerce, which represents business. "An increase has to be shouldered by the employer." If the law is passed, this plan will come into play in full effect by 2015.

I believe that this is a great idea. People won't really struggle like they have before. They will have more money and more income. but it will also be a bad one because people might be out of jobs, and some more than likely won't be able to get hired. I don't think it's a bad idea, i just hope it works out for everybody in the end.

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