Minimum Wage
Research necessary and present the salient facts surrounding the controversy of raising the minimum wage in the United States (currently $7.25) to a level of $15.
You are to present your findings in the following order:
1) Clearly state the issue and briefly describe the most important factors to be examined in this decision. Explain why you are focused on these particular factors – why do you think they are the most important things to consider? (~ ½ page)
2) Present your evidence supporting both sides of the issue and provide the citations necessary so that your reader can return to your source material to verify your findings. (~ ½ – 1 page)
3) Identify the assumptions made in the arguments made on both sides of the issue – for example, why might someone argue that the demand for entry-level fast-food workers is inelastic? Do you identify any biases in your evidence? ((1/2 page)
4) Given all the above, what is your position on raising the minimum wage to $15 nationwide? Do not limit yourself to saying, ‘I support/don’t support this policy proposal.’ Rather, explain and defend your position, adding any caveats or other considerations to your answer. This is also a chance to be creative – do you have a proposal of your own that addresses some (or alal) concerns of both sides? (~1/2 page)
5) Assuming you were asked about this proposal by a friend, how would you respond? Limit this response to about 4-5 short statements. (~1/2 page)