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Seniors - Minimum Wage

This week we are talking about the minimum wage in America. The central questions revolves around President Obama's move to raise the federal level to $9.00 per hour. Is this justified, given the amount of employed people living in poverty? Or would a raise in the minimum wage actually lead to higher rates of employment, as business owners are forced to lay off workers in order to keep profits up?

Linked is the study mentioned in class, a Living Wage Calculator from MIT.

Your assignment for Wednesday is to bring a recent editorial to class concerning the proposal to raise the minimum wage to $9.00 per hour.

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