1. Federal Minimum Wage Proposal
... an entirely different matter. As stated by Fox News, "congress last adjusted the federal standard in 2009. Since then, consumer prices are up 9 percent, but the president is proposing a 39 percent jump" (Morici, 2014). President Obama's politically motivated campaign will deny a sensible modification to the Federal Minimum Wage and will keep those earning the lowest wages from getting a raise ... able to grow and hire new workers" (Holland, 2014). Increasing minimum wage would in fact lead to increases in pay but no loss in jobs according to Princeton professors David Card & Alan B. Kru...
- Word Count: 1353
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate