Class 12-1 Economics
In today’s society there is an unequal distribution of wealth in the United States. Minimum wage is one of the most serious issues that affect the United States each and every year. Many families work in sweatshops for low minimum wages but never get the fair distribution of wealth or equal rights. Poverty today is so hard for low-income families who are poor or who cannot even make it for a penny in life. Many of these poor families try to get low-income jobs for anything to any cost. Its not fair that the rich has more rights then the poor, everyone came to this country for one reason and one reason only to have a better opportunity in life to get a better job and have the same rights as other. All everyone every wanted was to be created equal and have an equal share in life. The U.S minimum wage has plummeted value over the last 35 years, and today leaves families below the federal poverty line (The Visible Hand). In 1968, the minimum wages of 1.60-7.07 in today’s dollars were about 86% of the amount needed to bring many families of four federal poverty line (Visible Hand). There is unequal distribution of wealth because of minimum wage, Job loss, and taxes.
Minimum wage has affected us for ages concerning the economy. Many families work though the poverty line just to earn that one-cent a day to at least put something on the table for most poor families who can afford nothing at all. Minimum wage has “Over 2.1 million workers earn today’s minimum wage of $5.15 per hour”(The Visible Hand). Many illegal immigrants are coming to this country just for the minimum wage rate in our society. Many companies today take advantage of those families who come to this country just find nice paid jobs, but many of these jobs use illegal immigrants to make the products we wear today like Nike, Champion hoods, Tommy Hilly figure and etc just to use them for low minimum wages. Many of these illegal immigrants have unequal... [continues]
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