There has been a lot of discussion regarding the increase of minimum wage across the nation. Currently, the wage is set at a low amount of $7.25 an hour. In today’s society it is almost impossible to live on only an income of $7.25 an hour especially for those who are raising a family. In President Obama’s 2013 State of the Union Address, the president proposed to raise the minimum wage to 9 dollars by the year 2015 (Luhby). A higher minimum wage would help people living in poverty by providing better means of financial stability, and it would also improve the chances of those people trying to escape poverty stricken living conditions. Another bonus to increasing the minimum wage is that it could potentially help lift the economy back up out of recession. For example, if people have more money, they are more likely to spend more money, therefore creating an increase in revenue for the nation as a whole. An increase in the present minimum wage to $ 9.00 per hour will boost the economy, promote sufficient funds for the standard of living, and enhance equality among all United States citizens.
To fully understand the argument circulating around the minimum wage law, it is first essential to recognize the reasons it was established. In 1937, the United States was still recovering from the Great Depression (Wilson). The Great Depression, a direct result of World 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 series of economic programs that helped to stimulate the nation’s economy (M.W. Overview). Once the bill was approved by President Roosevelt, Congress began a rigorous deliberation in order to deem the bill as constitutional. Unfortunately, the original document was found unconstitutional, which then caused the proposed bill to be re-evaluated before being enacted into a new law.
After a long debate, pol...