Abstract
This is an economic paper that argues that although partially beneficial, raising the minimum wage would in fact harm society and the economy more than it would help. The Republican versus Democratic views are compared and contrasted. Moreover, many economic issues such as the business cycle, and supply and demand, and taxes are implied and/or discussed.

Tags:greenspan, macroeconomics, minimum, wage, politics

Abstract
This paper shows that there are both pros and cons to raising minimum wage, but ultimately, raising the minimum wage in this country will only make it more difficult for those that still struggle to get by. The paper begins with historical information about minimum wage and then moves on to the pros and cons of raising it. The summary and conclusion explain the reasons that minimum wage should not be raised and indicate that there must be some other way to help individuals in this country who are struggling to pay their bills and put food on the table.

From the Paper
"Historically, minimum wage has been through a great many changes. It is designed to be the lowest wage that an industry can legally pay in the United States (Minimum, 2004). Minimum wage was originally established to ensure that all individuals could have a standard of living that would provide them with a reasonable amount of health and decency. There have been many ways in the past that minimum wage has been changed. These include collective bargaining from labor unions, by board action, by arbitration, and by legislation (Minimum, 2004). Almost all countries have a minimum wage and originally in the United States minimum wage laws were believed to be unconstitutional."

Tags:organized, labor, recommended, rates, congress, workers, pay, employees, money, paychecks

Abstract
In this article, the writer provides an overall description of the minimum wage and also looks at changes which have occurred. In addition, the writer presents a brief description of what would occur if the rate were to drastically increase.

From the Paper
"Since the inception of the minimum wage in 1955 it has been a constant question of when and to what level the wage will be increased. This is often a result of political motivation and since the 1980s the Democratic position has been to raise the minimum wage to an acceptable limit based on inflation and cost of living increases. It was felt that a just amount at that time would be to increase that period's $3.35 per hour rate by $.90. However the Republicans felt the wage rate as it was set would suffice and if changes were to be made then these changes should ..."

Tags:minimum, wage, rates, of, earnings, inflation

Abstract
This paper discusses how an increase in the Canadian minimum wage to $10 an hour would be controversial as has been every increase in minimum wage since the first introduction of legislation in support of a minimum wage in Canada in 1918. This essay presents arguments both for and against raising the minimum wage to $10 an hour in Canada as a national standard. The paper shows how such an action will have some negative impact upon the Canadian economy in that it will increase labour costs and, as a result, may somewhat increase inflationary pressures.

Tags:wage, minimum, canada

Abstract
The paper looks at the history of the minimum wage and explains the difference between the real minimum wage and the nominal minimum wage. The paper outlines the debates among economists and policymakers about the effects of minimum wage on unemployment and the economy and discusses the reasons why unions support raising the minimum wage. The paper also considers the effects of minimum wages on poverty levels.

Outline:
History of Minimum Wage
Real versus Nominal Minimum Wage
Impacts on Unemployment
Unions and Minimum Wage
Impact on Poverty

From the Paper
"While economic theory predicts that higher minimum wages will lead to higher unemployment, some findings from recent studies seem to be mixed. Even though overall recent studies have found that minimum wage does have negative effects on employment, it's the magnitudes of the effects that have varied across studies.
"On the low end, researchers have predicted that a ten percent minimum wage hike would only cause a one percent increase in the unemployment rate. On the other end, some researchers have indications that the same ten percent hike in wages would increase unemployment by ten percent."

Tags:unions, workers, jobs, inflation

Abstract
The paper discusses how the Senate recently voted down a bill that would have raised minimum wage but would have also lowered estate taxes. The paper examines how, by linking two oppositional tax-related issues, the bill, H.R.5970, polarized the Senate along party lines. The paper explores how an estate tax cut favors the wealthiest Americans who own multi-million dollar estates, whereas the minimum wage hike would directly affect the working poor. The paper concludes that most of the Senate's Republicans favored the bill because of the estate tax cut implications, whereas most Democrats would have favored the bill only if it focused exclusively on raising the minimum wage.

From the Paper
"Democrats oppose an estate tax cut in part for the same reasons they favor a minimum wage increase. Estate tax revenues can potentially be huge: capital gains taxes currently run about 15%. Yet only the wealthiest Americans benefit from estate tax cuts and Americans who would qualify are in the vast minority. The vast majority of Americans, on the other hand, might benefit from an increase in minimum wages. Only the tiniest percentage of Americans own multi-million dollar estates while a substantial portion of Americans earn close to the minimum wage."

Tags:capital, gains, working-class, political, polarization

Abstract
This paper examines the contraversy surrounding the minimum wage which was implemented in 1938 when Theodore Roosevelt enacted the Fair Labor Standards Act (FLSA) to protect those who were being abused by the system. It provides a breakdown of the arguments for and against minimum wage increases such as that raising the minimum wage simply cuts off and eliminates low-paying jobs. It concludes with a discussion of the effect of the minimum wage on the economy and labor markets and a look to the future.

From the Paper
"As stated in an earlier statistic, a person working full time does not make enough to live. Indeed full-time wages fall well below the poverty line. This issue correlate with welfare. The question often arises among those who are on welfare as to why they should work when working equates to a cut in pay. When people make more money on welfare which is designed to help those who are at the bottom of the economic barrel, it's obvious that minimum wage increases are not only important, but essential to the well being of the nation and the nation's economy."

Tags:labor, markets, roosevelt, jobs

Abstract
This paper discusses the hotly debated validity of raising the minimum wage. Specifically, the paper looks at how experts on both sides cannot agree on the real effects that raises in the minimum wage have had or will have in the future, on managerial decision making. For the most part the consensus among economists is that it will either create a wash for the employee or hurt the employee, and that it will have at least some effect on managerial decisions, including such things as reducing non-cash benefits, increasing work loads to match new labor costs or reducing the number of new hires that occur. Furthermore, the paper states that the question of Kansas is even more marginal, as the adoption of such a wage increase will likely severely change the face of small business decisions in the state.

From the Paper
"Employment of entry level workers is an essential aspect of economic growth, especially in small businesses as they comprise a majority of businesses and hire a significant portion of entry level workers. Any real reduction in entry level employment, especially among people who are likely to need experience, but are frequently still in a position of being sheltered by family, such as the lowest age group noted here, will severely hinder their ability to move forward as members of a growing economy and may delay independence and even college attendance. More vulnerable individuals in this demographic, those not being sheltered by family still, are likely to then become lost in a system that does not offer comprehensive unemployment insurance to wage earners that have not paid enough into the system yet. Another researcher would like to point out the particular vulnerability of the disabled worker, as if cost-benefit ratios are the exclusive tool for deciding who to hire for an entry level job those with the perceived lowest level of production abilities, i.e. the disabled will be less likely to obtain work. (Lehmann, 2006, p. 50) These people, including young adults, teenagers the disabled and minorities are then relegated to become not only the working poor as they were before but are now in a position to have to ask for even more help elsewhere, such as welfare, a system that has also been severly reduced in the last few years with reforms. (Lehmann, 2006, p. 50) (Burkhauser, Couch & Wittenburg, 2000, p. 16)"

Tags:effects, kansas, debate, benefits, change, business

Abstract
The paper notes that the question of whether the minimum wage in Canada should be immediately raised to $10 hour, while seemingly a simple question, is actually very complex given the range of possible implications of this decision for labour markets and the Canadian economy. This paper/presentation examines this question from both sides, noting both the potential positive and negative impacts of this decision upon the Canadian economy, unions and workers. It is argued that while an immediate increase in the minimum wage would likely have some inflationary impact upon the economy, history and analyses of minimum wage increases in labour markets suggests this increase will not actually negatively impact employment levels or collective bargaining, and will have a positive consequence in benefitting low wage earners across the country. Thus, the thesis is argued that, in balance, the benefits outweigh the costs of such an increase, and that therefore the minimum wage should be immediately increased across Canada.

From the Paper
"The question of should the minimum wage in Canada be immediately raised to $10 hour, while seemingly a simple question, is actually very complex given the range of possible implications of this decision for labour markets and the Canadian economy. This paper/presentation will examine this question from both sides, noting both the potential positive and negative impacts of this decision upon the Canadian economy, unions and workers. It will be argued that while an immediate increase in the minimum wage would likely have some inflationary impact upon the economy, history..."

Tags:labour, wages, law

Abstract
The paper presents an argument for raising minimum wage increases in higher increments so that inflation does not erode living standards. The paper gives a background and history of the minimum wage explaining the original objective of the minimum wage compared to its current objective. A graph is provided showing the increase in minimum wage since its inception. Arguments are given for and against minimum wage laws. The paper also compares minimum wages in the United States with those in Canada showing how the law affects women and workers in the two countries. The paper discusses whether the minimum wage is appropriate for the future economy.

From the Paper
"Minimum wage is the lowest hourly salary that an employer is allowed to pay an employee for services rendered. The Federal Labor board sets the minimum hourly labor rates. The lowest hourly rates are decided by a *collective bargaining, an arbitration and a board action legislation. Minimum wage laws were passed to ensure that employees are reasonably compensated."

Tags:Economy, workers, living, standards, cost, living