Summary and Response Essay

Summary and Response Essay

and Response Essay

Inthe article “APost-Labor Day, Minimum-Wage Hangover”,Puzder explores the debate on minimum wage and the effects of anychanges that may be made particularly as suggested by variedpresidential contenders in the campaign period. Democrats, led byHilary Clinton have proposed an increase in minimum wage from thecurrent $7.25, with varied city councils such as Los Angeles, SanFrancisco and Seattle increasing it to $15 an hour over a number ofyears. Puzder notes that early reports showing that increases inminimum wage could be bad for the economy. Indeed, study shows thatan increase in the minimum wage would cause a decrease in employment.Upward changes in minimum wage would only be helped to people withjobs but hurting those that do not have them. For example, SanFrancisco, whose minimum wage is $10.74, ranks second in incomeinequality only behind Atlanta (Puzder 6).

Onthe same note, upward changes in minimum wage can make the part-timeworkers not get full employment. Some republicans have said that thegood way for reducing income inequality and assisting the workingclass is growing the economy. History shows that this strategy wouldreduce the gap between rich people and the poor while ensuring enougheconomic growth is made through holding removing all rules andencouraged free trade.

Thisarticle produces a good examination of the effects of differentsuggestions that have been made regarding on how to lower poverty andincome inequality. It goes without saying that an increase in theminimum wage would actually be bad cause more inequality and poverty.Free trade, on the other hand, involves removing rules, whichincreases enterprise and opportunities for all.

WorksCited

Puzder,Andy. A Post-Labor Day, Minimum-Wage Hangover. TheWall Street Journal,2015. Print