Federal minimum wage: Difference between revisions
mNo edit summary |
No edit summary |
||
| Line 1: | Line 1: | ||
{{US Minimum Wage Adoption}}<br><br> | {{US Minimum Wage Adoption}}<br><br> | ||
Today, the United States minimum wage is a highly controversial topic. Politicians and economists alike debate its effects and whether or not it should be raised. While these modern disputes are relevant, it is important to understand the arguments that originated during the 1920-30s; they have the potential to shed light on a topic that is still heavily contested.<br> | |||
The idea of the minimum wage in the US began in the early twentieth century. Individually, states began to set wage floors | |||
President Roosevelt signed the FLSA into law on June 25, 1938, setting the first real national wage floor at twenty-five cents an hour (to compare, the federal minimum wage was raised to $5.85 on May 25, 2007).<br> | |||
This leads to the question of what allowed the federal wage to finally become law after facing so many obstacles in the past. This project seeks to examine how and why the United States came to set a national minimum wage, ultimately finding that while economic and social factors may have played a part, the political climate of the 1930s had a far more significant role.<br><br> | |||
{{US Minimum Wage Adoption}} | {{US Minimum Wage Adoption}} | ||
Revision as of 23:40, 3 December 2007
Overview | Early Minimum Wages | The FLSA - Reasons and Conflict | Conclusion & References
Today, the United States minimum wage is a highly controversial topic. Politicians and economists alike debate its effects and whether or not it should be raised. While these modern disputes are relevant, it is important to understand the arguments that originated during the 1920-30s; they have the potential to shed light on a topic that is still heavily contested.
The idea of the minimum wage in the US began in the early twentieth century. Individually, states began to set wage floors
President Roosevelt signed the FLSA into law on June 25, 1938, setting the first real national wage floor at twenty-five cents an hour (to compare, the federal minimum wage was raised to $5.85 on May 25, 2007).
This leads to the question of what allowed the federal wage to finally become law after facing so many obstacles in the past. This project seeks to examine how and why the United States came to set a national minimum wage, ultimately finding that while economic and social factors may have played a part, the political climate of the 1930s had a far more significant role.
Overview | Early Minimum Wages | The FLSA - Reasons and Conflict | Conclusion & References
