20 Mar Discussion 2 : Minimum Wage
The federal minimum wage is currently $7.25 an hour. That means that covered workers nationwide must receive $7.25 an hour. The law allows states and localities to have a higher minimum wage and some places have done just that, increasing their minimum wage to $9 an hour or even an eventual $15 an hour. Is this a good idea? Do you think Texas should have a higher minimum wage? What, if any, minimum wage do you favor? What is the reasoning behind your position?
Here is an article that shows what states have raised the minimum wage and states that have not.
https://www.epi.org/minimum-wage-tracker/#/min_wage/Michigan (Links to an external site.)
Video: PBS News Hour, “What Quality of Life Can Minimum Wage Workers Afford.”
What quality of life can minimum wage workers afford? (Links to an external site.)
NPR, “When Does a Minimum Wage Become Too High?”
https://www.npr.org/sections/money/2019/04/23/716126740/when-does-a-minimum-wage-become-too-high
Economists Argue about the Minimum Wage
https://www.economist.com/news/finance-and-economics/21724802-two-studies-their-impact-seattle-reach-opposite-conclusions-economists-argue
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