Many voters have supported Democratic efforts in Congress to raise the minimum wage from $5.15 an hour to $7.25 an hour. If the minimum wage was increased it would allow millions of full-time working Americans to rise above the poverty line, with the help of food stamps and Earned Income Tax Credit (EITC). President Bush signed an Iraq war funding bill in 2007. The bill included domestic spending provisions raising the wage and giving $4.8 billion in business tax breaks. Even with the law, there is still debate over minimum wage. Supporters say that that if a raise occurred it would help the economy and millions of American workers. Critics of raising the minimum wage say that it would be counterproductive. It effects only a small amount of the work force and almost half of the people getting the wage are teenagers, and they are not living in poverty. Critics insist that when laws of supply and demand determine wages, thats when the economy works best.
I am in complete agreement with raising the minimum wage. People who work full-time jobs should not be living in poverty. Millions of Americans would greatly benefit from this too. People need money to survive especially in America where the cost of living is pretty high. Getting just enough money to get by isn't enough and really isn't fair. Especially when you look at CEO's salaries. They should take some of their salaries and give it to people that can barely buy their family food. I think it will help out the economy too by putting more money into businesses and companies. Now that the minimum wage has increased and is at $7.25 many Americans are grateful and living better lives. President Bush agrees with me on this issue.
I am in complete agreement with raising the minimum wage. People who work full-time jobs should not be living in poverty. Millions of Americans would greatly benefit from this too. People need money to survive especially in America where the cost of living is pretty high. Getting just enough money to get by isn't enough and really isn't fair. Especially when you look at CEO's salaries. They should take some of their salaries and give it to people that can barely buy their family food. I think it will help out the economy too by putting more money into businesses and companies. Now that the minimum wage has increased and is at $7.25 many Americans are grateful and living better lives. President Bush agrees with me on this issue.
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