Friday, December 20, 2019

The Minimum Wage Is Important And Hot Topic Throughout The...

Minimum wage is an important and hot topic throughout the world, especially America. The minimum wage is the lowest amount of salary that an employer can give to their employees for their work. The federal minimum wage is covered under the Fair Labor Standards Act, also known as FLSA. The FLSA covers standards for government, local, and state employees, including overtime pay and record keeping. This protects the rights of the employers. Franklin Delano Roosevelt, FDR, was the first president to establish the idea of minimum wage in 1938 due to the economic downfall of the Great Depression. (â€Å"History of Minimum Wage†) The Great Depression was a huge recession for the economy and for the people. Since FDR applied the minimum wage, the minimum wage keeps increasing over the years. According to Bebusinnessed website, the first year with minimum started at twenty-five cents an hour, which is equal to around four dollars and fifteen cents in USD in present currency (â€Å"Hi story of Minimum Wage†). Over time and many presidents later, in 2016, our lowest minimum wage is seven dollars and twenty-five cents. From the numbers presented on this website, the minimum wage seems to be increasing and getting better with time, but in fact, the government is not to kept up with the current â€Å"real† dollar amount. Nowadays, parent employees cannot fully support their children. The real question, in our society, should minimum wage be increased or decreased in order to fulfill both the governmentShow MoreRelatedThe Violence Of The Youth1460 Words   |  6 PagesAfter a long day at school, the average student comes home and reaches for the remote, turning on whatever reality show is playing. To watch the news was never a thought in the student’s head. 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