It gets harder and harder every year for people to make ends meet. The Federal Minimum Wage is currently set at $7.25 per hour. At that rate, a person working a full-time, 40-hour week would gross $290, or $15,080 per year. On this episode of Beer & Bros., Lyle and Dan discuss the minimum wage and the debate revolving around the “Fight for 15.” Whether you’re for or against a $15 per hour minimum wage, give us a listen. We’ll definitely entertain.
The website for the Department of Labor says the move toward minimum wage began “early in the administration of the FLSA,” and on June 26, 1940 an amendment was enacted to create committees to determine wage levels in Puerto Rico and the Virgin Islands. This was a “proof of concept” of sorts. According to the publication Business Insider, however, the impetus for minimum wage goes much farther back.
In 1895 bakeries were exploding in New York — literally. In fact, bakeries were, at the time, among the most deadly places to work. Flour particulate would hang in the air; a spark could ignite the flour and instantaneously blanket the room in fire. The state passed the Bakeshop Act in 1895 which called for better working conditions for the workers. There was no piece of the act calling for a minimum wage, however. The government would not interfere with the “employer-employee contract.”
It wasn’t until The Great Depression that President Roosevelt made a radical move and pushed for the installment of a minimum wage and shorter shifts. The National Industrial Recovery Act gave businesses a little incentive to comply. The Supreme Court did not comply, and Roosevelt began thinking of other ways to establish a minimum wage.
That’s about where the guys pick it up. Listen to the show to hear their thoughts on minimum wage, higher education, and inflation. Steve Lee joins us to give his (California based) opinion on the issue. Hit play.
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