Raising the American Minimum Wage

There has been a lot of discussion regarding the sum up of marginal prosecute crosswise the population. Currently, the wage is set at a low numerate of $7.25 an hour. In todays society it is almost insurmountable to live on only(prenominal) an income of $7.25 an hour especially for those who argon raising a family. In professorship Obamas 2013 secern of the Union Address, the president proposed to arouse the lower limit wage to 9 dollars by the year 2015 (Luhby). A higher marginal wage would table service mint life sentence in destitution by providing better means of pecuniary stability, and it would also improve the chances of those mint trying to escape poverty stricken living conditions. other bonus to increasing the minimum wage is that it could potentially help lift the economy posterior up out of recession. For example, if people have more money, they atomic number 18 more likely to egest more money, therefore creating an step-up in revenue for the farmin g as a whole. An extend in the present minimum wage to $ 9.00 per hour exit boost the economy, promote competent funds for the standard of living, and promote equality among all coupled States citizens. \nTo fully understand the lineage circulating around the minimum wage law, it is first prerequisite to recognize the reasons it was established. In 1937, the joined States was still recovering from the huge Depression (Wilson). The Great Depression, a direct result of knowledge base War I, was a historical low point in United States economy. During this period of time, President Franklin D. Roosevelt endorsed the New Deal, which was a serial publication of economic programs that helped to stimulate the nations economy (M.W. Overview). in one case the heyday was approved by President Roosevelt, Congress began a rigorous deliberation in order to deem the poster as constitutional. Unfortunately, the original chronicle was found unconstitutional, which then caused the propos ed bill to be re-evaluated before world enacted into a new law. \n afterward a long debate, pol...