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Minimum Wage Arguments

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Minimum Wage Arguments
Argument Essay Wouldn’t you like to have some more money for your time? The “effective” minimum wage is lower than it was when Reagan was president. While some believe that raising the minimum wage will not help those below the poverty line who do not currently have jobs, raising the minimum wage is a good idea because if you account for inflation, then the purchasing power of the minimum wage is 20% lower than when Ronald Reagan was president, and the men and women today do not want a handout but just a fair day’s pay. We should raise the minimum wage because it is effectively lower than it used to be. According to one article, “ The purchasing power of the minimum wage has been on a steady decline for many decades. It's worth about 20 percent

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