Raising the Minimum Wage. Raising the minimum wage benefits our country It benefits our communities It benefits low income families It benefits the small.

Slides:



Advertisements
Similar presentations
TRADE UNION To represent the interests of groups of employees. The seek to secure higher wages and better working conditions for their members.
Advertisements

“YOU TAKE CARE OF YOUR PROFITS AND WE’LL TAKE CARE OF YOUR PEOPLE”
Income & Taxes Chapter 2. Earned Income & Benefits What are the differences in the types of earned income, such as wages, salaries, tips, and commissions?
Would you say that your income is going up faster than the cost of living, staying about even with the cost of living, or falling behind the cost of living?
© 2008 Prentice Hall Business Publishing Economics R. Glenn Hubbard, Anthony Patrick O’Brien, 2e. Fernando & Yvonn Quijano Prepared by: Chapter 8 Unemployment.
Local Taxes in New York: Easing the Burden Citizens Budget Commission Conference December 6, 2007 Held at the Rockefeller Institute, Albany, NY.
Time for a Turnaround: Facing Fiscal Reality in New York State Citizens Budget Commission.
Living Wage Changing our Standard of Living By: Audelia Solorio and Devin Griffin.
Social Welfare Policymaking
FEDERAL MINIMUM WAGE.  Went up to $5.85 on July 24, 2007, the first increase since September  Self-Sufficiency Wage in 2007 –Brown County: $12.89.
Module 13 Mar  Job Search – when people spend time looking for employment  Frictional unemployment – unemployment due to the time workers spend.
Section 3  A Corporation is a legal entity owned by individual stockholders. › Stock is a certificate of ownership in a corporation.
Future Economic Security for Louisiana The answer – An investment in higher education.
Notebook # 29 Economics 9-2 The Federal Tax System Pages
Michigan’s Comeback: Where Do We Stand, Where Are We Heading? Robert Genetski Website: ClassicalPrinciples.com West Michigan Policy Forum.
Health Care Reform in America Facing Up:. President Obama and Healthcare Reform “Health care reform is no longer just a moral imperative, it’s a fiscal.
The Political and Legal Environment
Bio in Arizona Joe Caspermeyer Laura Gladney PAF 591 Policy Briefing April 1, 2003.
Economic Club of Phoenix The Economic Minute March 19, 2013.
Achieving the Promise Ending Poverty in Alberta Published by: Edmonton Social Planning Council Public Interest Alberta Alberta College of Social Workers.
World Bank EU-8 Quarterly Economic Report April 2005 World bank Vilnius office Jekaterina Rojaka.
The Camelot Years JFK’s Domestic Policy. The Camelot Years With winning by such a narrow margin Kennedy entered office without a strong mandate, or public.
Income Tax- is a tax on income the money an individual or business earns. The 16 th amendment in 1913 gave our government the power to collect such a tax.
NABE OUTLOOK 2004Q1 SURVEY Presented to Silicon Valley Round Table MARCH 9, 2004 Duncan H. Meldrum NABE President & Chief Economist, Air Products.
Social Welfare Policymaking
An increase in stock price would involve which of these business enterprises? A. Sole proprietorship B. Partnerships C. Corporation D. Limited liability.
With the team, Hayden has from inception of the NRAS scheme, been instrumental in delivering the NRAS opportunity to the market. He has over the last four.
EMPLOYEE BENEFIT PACKAGE. HOW DO YOU DECIDE When you are presented with more than one job offer, how do you make your final decision? Consider this information.
Henry Banks.  MEDICAL LEAVE  DISABILITY  HEALTH CARE  LAWS ON THE MINIMUM WAGE WORKERS ARE ENTITLED Henry Banks.
FINANCIAL MANAGEMENT GUIDE © Marin Management, Inc Taxes, 7850 Summary of Tax Deadlines A. The Purpose of This Policy Marin Management provides.
Bell Ringer  Opinion: What is the purpose of a minimum wage?  Is it necessary? Why/why not?  Do you think employers would take advantage of workers.
 Problems, Policy, and The Fed.  Economic Problems: o Inflation o Loss of wages for workers o Lowered standard of living o Unemployment o Recession.
Why Minimum Wage Should Be Raised Alex Tottle. Background Minimum wage laws were first instituted in 1938 by the US Department of Labor to create a limit.
Should We Raise the Minimum Wage? Sociology Chapter 16: The Economy and Work Society: The Basics Chapter 12: Economics and Politics.
CHAPTER 8 : PARTIES, INTEREST GROUPS, AND PUBLIC POLICY.
Economy (Jobs, Workers, and Taxes) Economics- of or relating to the production, development, and management of material wealth, as of a country, household,
The next part of the specification. The key factors of 1.5 There are basics that need to understood before we can start 1.5 – basic terminology.
CH. 14: THE CONGRESS THE PRESIDENT AND THE BUDGET.
MINIMUM INCOME AND INCLUSION POLICY Challenges of a precarious inclusion model Brussels 6 April 2016.
EMPLOYEE BENEFIT PACKAGE. HOW DO YOU DECIDE When you are presented with more than one job offer, how do you make your final decision? Consider this information.
The Minimum Wage is the amount mandated by law that an employer must pay for hourly work. The first Minimum Wage policy was established in Massachusetts.
Copyright © Cengage Learning. All rights reserved.1 | 1 Measuring Economic Performance Productivity –The average level of output per worker per hour Economic.
Coping with Economic Challenges
Individual Income Tax – Key Concepts
5.2 Distribution and redistribution of incomes
August 3, 2017 How Do Retiree Health Costs Affect People and Programs?
Living Standards & Inequality
March 2, 2017 CNN Student News Notes/discussion over taxes
Poverty and Income Inequality in Edinburgh
The Value of an education
Social Welfare Policymaking
Health Care Reform in America
Economics in the Industrial revolution:
Fiscal Policy Fiscal Policy - Government effort to control the economy and maintain stable prices, full employment, and economic growth. Fiscal Policy.
The social and economic value of health
By: MADHIHA I., Samantha V., AUSTIN T., Paul V.
Social Welfare Policymaking Warm-up: What should government spend money on? Use your phone to go to How are your priorities different.
Social Welfare Policymaking
The fiscal crisis and the social wage in Southern Europe
Social Welfare Policymaking
Defining a Living Wage.
How The Government’s FISCAL POLICY Affects the Economy
Social Welfare Policymaking
The Case for Nordic Institutions
Social Welfare Policymaking
Fiscal Policy: Spending & Taxing
Democrat: Increasing Minimum Wage
Financial aid.
ECONOMIC AGENTS People, human groups, and institutions must work together so that economy works. They are the economic agents or actors.
Coverage and Changes in Spending Compared to Current Law, 2020
Presentation transcript:

Raising the Minimum Wage

Raising the minimum wage benefits our country It benefits our communities It benefits low income families It benefits the small business owner

Communities are the life blood of our country Strong communities are spending less on aid Low income workers shop in local businesses

Raising the minimum wage benefits poor families It eases the cost of basic needs Provides more annual income Stronger local tax base

Small businesses will see growth Higher employee morale Reduced turnover More profit Benefit to community strength

While not the total solution, raising the minimum wage points us in the right direction A very positive building block for our countries morale A foundation for financial security

References Haussaman, B., Benefits of Raising the Minimum Wage(2009) retrieved April 30 th, 2010 from The Fiscal Policy Institute, N.A. (March 30, 2006), States with Higher Minimum Wages Above the Federal Level have had Faster Small Business Growth, retrieved April from The Fiscal Policy Institute, N.A. (July 19, 2004) Setting the Record Straight; an Increase in the Minimum Wage will help Those Who Need It, retrieved April 30,2010 from