[VIDEO] How Minimum Wage Works in the U.S.

September 5, 2019

In recent years, progressive policymakers have advocated to increase the minimum wage across the nation while other legislators oppose the measure entirely. Along with looking at the reasoning behind both sides, this video also explains how foreign countries deal with the complicated issue of the minimum wage. 

Questions:

  1. How does minimum wage policy in the U.S. differ from other countries?
  2. Should the U.S. develop a minimum wage system that is tied to inflation? Why or why not?

6 Responses to [VIDEO] How Minimum Wage Works in the U.S.

  • 1. The U.S. minimum wage policy is very different from other countries the U.S. stays the same while the other countries goes up. This makes the other countries minimum wage to be higher than the U.S.
    2. I think it should but shouldn’t because if the U.S. made the minimum wage higher there would be more people that want more jobs but there also wont be enough jobs for everyone. This may cause more people not want to work if there jobs are filled.

  • 1. the us federal government doesn’t change it each year based off inflation
    2. no. Workers are paid based on their value. If their work is worth $20 an hour, then that’s what they will work for. If their work is worth $8 an hour, then that’s what they will work for.

  • 1. The minimum wage policy is different from other countries because it always the same, it never changes compared to other countries, which go higher.
    2. I think the U.S should keep the minimum wage the same because then people could keep their jobs instead of not having that many jobs.

  • 1.How does minimum wage policy in the U.S. differ from other countries?
    The minimum wage policy in the U.S differs from other countries because the U.S. minimum wage hasn’t really changed since 1980. The minimum wage goes up, but then goes back down due to inflation. The U.S. minimum wage has been very inconsistent as sometimes it remains inactive for a long time, while it may see a large increase in a short period of time. However, other countries around Europe and the rest of the world have a minimum wage that consistently increases based on salaries of average workers and some countries increase it based on inflation.

    2.Should the U.S. develop a minimum wage system that is tied to inflation? Why or why not?
    I believe that it would be good for a minimum wage system that is tied to inflation as more money will be given to the people, however it may also bring many bad things. While many believe that increasing minimum wage is mainly good, it can also cause people to lose about 3.7 million estimated jobs. However, the minimum wage usually isn’t enough nowadays to live off of if you have a large family. Therefore, I believe that the U.S. should develop a minimum wage system that is tied to inflation so that people will be able to make more money off of their jobs and more people will want to get jobs as they see they can make more money which will make the U.S. more productive.

  • How does minimum wage policy in the U.S. differ from other countries?
    – The minimum wage policy differs in the US compared to other countries because they do not increase it every year. For example, the United States went a decade without raising the minimum wage then they Increased it 40% in a short amount of time which makes it harder for businesses to keep up rather than changing it every year an having inflation like other countries. The U.S is on the bottom of the list.

    Should the U.S. develop a minimum wage system that is tied to inflation? Why or why not?
    – I feel the US should develop a minimum wage system tied to inflation because it gives everyone a fair upgrade. From the businesses to the employees to the economy rather than keeping it the same for a decade and raising it 40% in a short amount of time this puts a lot of pressure on others.

  • 1.Unlike the U.S other countries raise there minimum wage, while the U.S doesn’t. Because of there policy other countries have a higher minimum wage compared to the U.S.
    2.i Personally think they should but at the same time shouldn’t either. If the U.S raised there minimum wage there would be less opportunities for others to get a job because some jobs wont have enough money to hire a lot of people

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