Tuesday, October 30, 2012

minimum wage

I believe that minimum wage is key to keeping the American economy in balance. Especially with such a high cost of living and cost of goods.  If people were not given the opportunity to obtain the ability to live comfortably then the economy would crumble. I believe that the federal minimum wage should be raised to $8.00-$10.00 per hour. This would make the most sense since then anyone in America could both work and live a conformable lifestyle. By pumping more money into the economy, more people would be able to spend more. This would only continue to benefit the economy positively. Personally, I am a high-schooler that makes over $10.00. I am unable to work full time and can only work average 12hrs a week. By buying more and more groceries and having to help out around the house, I physically see the price and cost of living by just picking up eggs, milk, and bread once a week. Thankfully I don't have to buy my own yet, but i still see these prices first hand almost weekly. I believe this is an important perspective for all young adults to have in these economic times. 

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