pick out for no wage increases, workers scramble to ca-ca ends meet. Minimum wage has been an wages in the United States since as early as
1786, when a group of printers in Philadelphia walked out of their
office to objection a reduction in their wages. They succeeded in securing a
$6.00 a week minimum wage (Illinois Labor history Society, 4). The
progeny of that protest can be considered the number one minimum wage victory in
the United States.
In 1912, Massachusetts passed the first minimum wage income law for
women and bush league, and began to push for a federal minimum wage, beginning
the revolution for change (Illinois Labor History Society, 20). The
law was originally placed into effect only for women, because women and
minors did not have a freedom of contract at the time. However,
Massachusetts Senator Henry Cabot Lodge, Jr. and House leader Joseph Martin
aimed to make the wage apply to everyone (Bovard, 48). .At the time, the
Northern textile assiduity was losing factories to the Confederate areas. In
the South, costs of living were lower, and thus, the factories could pay
workers less wages.
In fiat to keep the textile industry in the
North, leaders had to find a way to even out the economic playing field
(Bovard, 47). And from that point till now government, industry and low-wage earners have opposing ideas on where the minimum wage should rest.
The booster cable justification for minimum wage legislation has been the
argument that minimum wages improve the economic condition of low-wage
workers (Blackburn).
In the July 01, 2004 issue of the Journal of Business and Economic
Statistics, Dale Belman examined whether moderate increases in the minimum
wage reduced employment, and if not, do they raise wages (Belman).
Belman and his colleagues employ techniques of time series...If you want to get a full essay, order it on our website: Ordercustompaper.com
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