Minimum wage speech
Good Afternoon Everyone! I like to take just a few minutes of your time to discuss a important matter in the economy today. Now I want everyone to picture this, a hardworking father whose salary ranged between 40,000 to 50,000 dollars a year. The single father recently was a victim of job cuts and is now laid off. The father begins immediately looking for a new job. But everyone knows in this tough economy it seems impossible. Days, turn into weeks, weeks turn into months and bills begin to pile up. The single father’s decides at this point it is about survival and is willing to take any job at this point. The father sees an ad online for a cashier at the local grocery and know it’s the best job in the world, but the father knows that it is about survival at this point for his family, so he decides’ to take the job to realize that it’s just the minimum pay. This is just one of many working class citizen’s stories right now living in the United States, with job cuts people citizens are willing to take whatever jobs are available, to sustain a suitable life style for them. Today I am going to talk to your briefly about the history of minimum wage, why it should be increased, how it can help the economy , the benefits of increasing minimum wage, what states have recently increased minimum wage, how the government is involved and what we can do as citizens.
(Next Slide) According to the U.S. Department of Labor, minimum wage is the lowest wage permitted by law or by a special agreement.
President Roosevelt and members of Congress adopted the Fair Labor Standards Act in 1938. This established federal minimum wage of twenty-five cents an hour. Minimum wage has been raised twenty-two times since then. Currently minimum wage is not based on inflation, consumer price indexes or cost of living. Although it has decreased in value due to it not being raised to keep up with inflation, CPI, or cost of living. Minimum wage should be increased and at some point by
(Next Slide) According to the U.S. Department of Labor, minimum wage is the lowest wage permitted by law or by a special agreement.
President Roosevelt and members of Congress adopted the Fair Labor Standards Act in 1938. This established federal minimum wage of twenty-five cents an hour. Minimum wage has been raised twenty-two times since then. Currently minimum wage is not based on inflation, consumer price indexes or cost of living. Although it has decreased in value due to it not being raised to keep up with inflation, CPI, or cost of living. Minimum wage should be increased and at some point by