Minimum Wage

Minimum wage legislation emerged at the end of the nineteenth century from the desire to end sweated labor which had developed in the wake of industrialization. Sweatshops employed large numbers of women and young workers, paying them what were considered nonliving wages that did not allow workers to afford the necessaries of life. The minimum wage in the United States is set by US labor law and a range of state and local laws. Employers generally have to pay workers the highest minimum wage prescribed by federal, state, and local law. Since July 24, 2009, the federal government has mandated a nationwide minimum wage of $7.25 per hour. As of January 2018, there were 29 states with a minimum wage higher than the federal minimum. From 2017 to 2018, eight states increased their minimum wage levels through automatic adjustments, while increases in eleven other states occurred through referendum or legislative action. (Wikipedia)

“The hard economic facts are that as base wages increase everything else goes up too. Employers must react to higher base labor costs using several methods. Layoff can occur, price increases can occur, reduced working hours can occur and more actions by employers to offset the cost of increased labor. Some politicians try to lead citizens to believe that if they get a base pay increase all else will remain the same and they can live better. That is simply not true in anyway. The facts are that as you receive higher wages your income taxes go up accordingly too. Nothing remains the same if the minimum wage base increases.”