Minimum Wages

Minimum Wages Minimum Wages It sounds simple face lift the stripped-down net profit, reward hard work, and strike a jar against the societys inequalities. Its an emotional argument that blurs out the truth and makes people block one important economic lesson: Theres no such affair as a free lunch. The minimum wage has non been increased since the industrial welfare commission beseechd it to $4.25 an hr. The IWC and the legislative body have not agreed since that time that any spare increase is justified because of Californias recession and the downward turn in the business climate.

There was a measure out on this last ballot called prop 210 which passed and increased the minimum wage from $4.25 an hour to $4.75 an hour and on March 1, 1997 it will raise to $5.00 an hour and beginning March 1, 1998 it will increase to $5.75. The minimum wage in California has increased nine generation in the past thirty years rising from $1.30 per hour in the mid 1960s to $4.25 per hour as of Jul...If you want to reach a full essay, order it on our website: Ordercustompaper.com

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