In " Time for a Raise?" Patricia Smith talks about how Barack Obama wants to increase the minimum wage to nine dollars an hour. President Obama said if he could change the minimum wage it would help people with groceries, food banks, and rent. It would help people and their businesses. Some states already set their wages higher than the federal law which is $7.25.
Other people disagree with change. They think that if Obama raise the wages to nine dollars an hour, it will lead more unemployment. The United States unemployment rate is at 7.7 percent, which means that there is about 12 million people looking for jobs. Low-wage job losses would hurt the young people the most. They have a higher unemployment rate which stands at 12 percent. John Boehner, Speaker of the House said, "At a time when the American people are still asking question, 'Where are the job?' why would we want to make it harder for small employers to hire people?"
Business owners think that if the wage would raise, it would put pressure on other wages.
Labor groups say that, "raising the minimum wage puts more money in the hands of people who are likely to spend it rather than save it- providing a boost to the economy."
I think it's a good thing to raise the wage to nine dollars an hour because its more money for people.
Its not much but it still something. I think that a good amount of money for a teenager if they have a job. I have a job, and it pays 7.25 an hour. I wouldn't be complaining if they raise it. That's more money for me. But I still think that if they raise it, some people might lose their jobs, because some companies cant afford to give people that amount.
Good summary. Need a part 4. 80
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