Should The U.S. Abolish The Minimum Wage?
Open to Debate9 Huhti 2013

Should The U.S. Abolish The Minimum Wage?

The first attempt at establishing a national minimum wage, a part of 1933’s sweeping National Industrial Recovery Act, was struck down by the Supreme Court in 1935. But in 1938, under the Fair Labor Standards Act, President Franklin D. Roosevelt signed into law a minimum hourly wage of 25 cents—$4.07 in today’s dollars. Three-quarters of a century later, we are still debating the merits of this cornerstone of the New Deal. Do we need government to ensure a decent paycheck, or would low-wage workers and the economy be better off without its intervention? Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Is Elon Musk Killing Twitter?

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Has Globalization Backfired?

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2022 has finally ended.  Some of it bad, some of it splendid.    There was Russia’s invasion.    And Ukraine’s self-defense.    The west lobbed isolation  against Moscow’s offense.    This was also th...

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Is Capitalism A Blessing?

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With the wealth gap widening, some Americans are starting to consider socialism as a viable economic and political model. Supporters of capitalism claim that no other system has been as effective in c...

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Is Affirmative Action Unfair to Asian Americans?

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