Question: Questions: Explain the main arguments about the U.S. current minimum wage issues based on the assigned required reading. Provide and defend your opinion and policy

Questions:

Explain the main arguments about the U.S. current minimum wage issues based on the assigned required reading. Provide and defend your opinion and policy suggestions. For example, do you agree to raise the federal minimum wage rate? If so, by how much? If not, why? Do you think we need to eliminate the minimum wage laws?

What I mean by "defend" is that you need to provide at least one or two possible counter-argument(s) of your own policy suggestion, then defend your own policy suggestion(s) by using solid evidence and logical arguments. For example, if your policy suggestion is to provide cheaper education for everyone, you need to assume your opponents would challenge you with the US government budget limitation.

Thank you for your time! I wont forget to rate.

Short readings on the issue:

  • Minimum Wage: Should Minimum wage and living wages laws be eliminated? minimum wage law debates.pdf (this material is a little dated, but the same, if not similar arguments presented in this reading are still used by the politicians/economists today)

  • The table of federal minimum wage rates: click here

  • State minimum wage rates: click here.

Alan Kruger (and David Card) about Minimum wage, education, and inequality: Click here This reading provides you a brief summary of Dr. Alan Kruger's work on Minimum wage and income inequality/education topics. Some of the links included in the article are also great sources for you to dig deeper into the subjects.

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