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How Should We View The Federal Minimum Wage?

Federal Minimum Wage

Federal Minimum Wage

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"173035871"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div>&NewLine;<p class&equals;"wp-block-paragraph">In a country devastated by the COVID-19 pandemic&comma; it is only natural to have reservations about the federal minimum wage and the minimum wage plan of the new president&comma; winner of the 2020 election&comma; Joseph Biden&period; While the promise of a higher minimum wage was deemed a major win for working class Americans&comma; the public has been warned to not get their hopes up too soon&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Current Minimum Wage<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">As of 2019&comma; the federal minimum wage in the United States was &dollar;7&period;50 an hour&period; This has stirred negative feelings around many&comma; especially in the Democratic party&comma; who argued that a &dollar;7&period;50 minimum wage could barely be considered livable for the everyday American&period; The new &dollar;15 federal minimum wage proposed by the Biden administration would increase the minimum wage for American workers by an extra &dollar;7&period;50 an hour&comma; therefore doubling the current minimum wage&period; This is good news for employees&comma; but store owners&comma; especially those who run small businesses&comma; like self-start ups and local mom-and-pop shops&comma; have expressed concern over the increased wage&period; They worry that the greater minimum wage will cause them to have to lay off employees in order to pay each employee &dollar;15 an hour&comma; a significant difference when compared to the prior &dollar;7&period;50&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>State of the Prospective New Minimum Wage<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Biden has recently reported that the new &dollar;15 minimum wage may have to be cut from his proposed legislative package&comma; as he does not see both parties working together to pass the action&period; This news has startled many members of the public&comma; who relied on him for a minimum wage hike&period;&nbsp&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">In a survey of the public opinion regarding the presumably abandoned minimum wage plan&comma; one person stated&comma; as follows&colon; &OpenCurlyDoubleQuote;Concerning minimum wage&comma; I think that it’s important for presidents to keep promises that they gained support for&period; That being said&comma; the largest issue isn’t the amount people are making at minimum wage&comma; it’s how little they can do with it&period; There are deeper rooted issues that need to be addressed that can’t be solved with just throwing a number around&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">With more intrinsic factors being at play with the state of the minimum wage and the quality of life for those who earn it&comma; it looks as though it is more than likely that Americans will have to make do with the current &dollar;7&period;50 for a little while longer&period; While it is a current defeat for the Biden administration&comma; President Biden has publicly declared his support for and determination to raise the federal minimum wage to &dollar;15 dollars an hour and stand by his original promises&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph"><strong>Author Bio&colon;<&sol;strong><&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Allison Helkowski is a content writer and student&period; She has taken an active role in political campaigns in the state of New Jersey and is a dedicated advocate for human&sol;civil rights and environmental preservation&period;<&sol;p>&NewLine;

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