Minimum wage was established in 1938. The minimum wage boosted up in 1968 to $1.60. In 1991 the minimum wage increased to $4.25 an hour. Then in 1997 it went up again to $5.15 an hour. The last time minimum wage was raised was in 2009 to $7.25 an hour. As the years move on so does the disagreement about the minimum wage. Minimum wage should be raised because closing the economic gap, living expenses raised and broadening the middle class. Minimum wage should be raised because of the monetary gap in society. Lew Prince owns one of the most successful music businesses in the Midwest. Vintage Vinyl started with little of nothing, but they paid their workers more than minimum wage.(Article #6) He says that by paying workers more than minimum wage he had workers that wanted to grow with the company and the customer's.(Article #6) Since other music businesses were paying people minimum wage they had dejected customers and workers that always renounce. (Article #6) Business owners got together and most of them promoted elevating the minimum wage.(Article #6) When workers get a raise they go out and buy buy buy immediately. This would cause an economic boost, helping the …show more content…
As of now many Americans are in the lower class and the upper class continues becoming richer and richer.Raising the minimum wage is a very efficient way to circulate money in the economy from the bottom up, where it can have the most impact alleviating hardships and boosting consumer demand for business. (Article #6) President Obama said “There is no evidence that a higher minimum wage costs jobs.” (Article #3) So therefore we should increase minimum wage a little over time since minimum wage earners, living paycheck to paycheck, spend increases right away. (Article #6) We do know that to lift the economy, people need to buy more things. In order to lift working families up they need a little raise over a long period of