Minimum Wage – Increasing the Federal Minimum Wage – Is it Charity?
On All Financial Matters there is a powerful discussion about the politics of raising the minimum wage. Since Debt Crunch is essentially for the lower wage earner with the desire to live debt free, this discussion is critical. What will really fix the problem of earning only minimum wage? Is having a federal minimum wage just another “charity” program? Is the Earned Income Tax Credit the same thing? A charity program for the low wage earner?
Not enough money but don’t want a handout. I have struggled with that concept myself – that is why I spent the time and energy to learn how to make money online. Sometimes, the money I earn as an affiliate marketer has paid for my “must-haves” while at other times, the extra money I earn helps to pay down my personal debt.
Getting another traditional job that also requires me to pay for child care isn’t much of an income booster so I see why people that struggle don’t see a way out. But when the federal government of the United States doesn’t insist that businesses in America pay at least a reasonable wage then what is the value of an American worker?
Let’s talk about it ~ Tammy
Tags: affiliate marketing, charity, debt, federal, financial, minimum wage, money
