The constitution spells out many rights the nation is protected under, but one of those rights is not financial success. James Madison, the fourth President of the United States, once addressed Congress saying “Charity is no part of the legislative duty of the government”, but over the last 100 years, both at the federal and state level, systems have been introduce to help the lower class of the US. Everything from social security, to welfare. Minimum wage is one of those systems to help the average hard working American not work for free at the federal level, starting it at 25 cents an hour in 1933(Department of Labor). Over the decades, the federal minimum wage lacked congressional legislation to increase wages, and the many states took it upon themselves to increase their state’s minimum wage. Many liberal leaning states are at the head of that race, with California leading with current legislation in place to raise their minimum to 15 dollars an hour by 2022. Opponents of the California signed bill say it will “devastating impacts on small businesses in California," according to Tom Scott, executive director of the state branch of the National Federation of Independent Business (Chicago Tribune). All Businesses will be showings signs of impact and will have to make up for it by either cutting hours of employees, raising prices of goods and services, or by cutting employee jobs all together. What Supporters of minimum wage increasing do not see that, yes, you’re wages will go up, but so will the cost a living. It is standard economics 101. If more people have more money in their pockets to buy goods, the models shows that businesses should raise prices to wane off demand. We will lead us right back where we started. Rent prices will go up and the lower class will complain again. The problem here is not minimum wage, but the false implication of entitlement. The growing group of
The constitution spells out many rights the nation is protected under, but one of those rights is not financial success. James Madison, the fourth President of the United States, once addressed Congress saying “Charity is no part of the legislative duty of the government”, but over the last 100 years, both at the federal and state level, systems have been introduce to help the lower class of the US. Everything from social security, to welfare. Minimum wage is one of those systems to help the average hard working American not work for free at the federal level, starting it at 25 cents an hour in 1933(Department of Labor). Over the decades, the federal minimum wage lacked congressional legislation to increase wages, and the many states took it upon themselves to increase their state’s minimum wage. Many liberal leaning states are at the head of that race, with California leading with current legislation in place to raise their minimum to 15 dollars an hour by 2022. Opponents of the California signed bill say it will “devastating impacts on small businesses in California," according to Tom Scott, executive director of the state branch of the National Federation of Independent Business (Chicago Tribune). All Businesses will be showings signs of impact and will have to make up for it by either cutting hours of employees, raising prices of goods and services, or by cutting employee jobs all together. What Supporters of minimum wage increasing do not see that, yes, you’re wages will go up, but so will the cost a living. It is standard economics 101. If more people have more money in their pockets to buy goods, the models shows that businesses should raise prices to wane off demand. We will lead us right back where we started. Rent prices will go up and the lower class will complain again. The problem here is not minimum wage, but the false implication of entitlement. The growing group of