The intent of minimum wage laws is to generally ensure a living wage available for all U.S. citizens—in other words, to decrease poverty in America. However, as we learned this week, minimum wage laws lead to labor surpluses, which lead to unemployment, which lead to poverty. One can conclude that minimum wage laws are not the correct solution to the poverty issue.
This week, you will prepare a presentation to appear before your local city council, regarding a decision to increase the minimum wage, discussing the following:
Explain the effects of increasing the minimum wage.
Propose alternative solutions to decrease poverty. Perhaps focusing on the causes of poverty is the solution. According to Stapleford (2015), “employment, education, discrimination and family structure” are the causes of poverty (p.151).
You are to use a program such as PowerPoint or Prezi to create your presentation. You should have at least 15 slides, including a title and reference slide. You will need to include at least two outside resources (along with the text), using APA format.
You can use voiceover to present your findings, include detailed notes in the “notes” section, or submit an outline to supplement your presentation.
Please make sure this is a Christian World View and have atleast 2 bible citations.
I will create the PowerPoint if you can just create the paper.
We are currently Reading:
Sowell, T. (2015). Basic economics: A common sense guide to the economy (5th ed.).
Chapter 10: Productivity and Pay
Chapter 11: Minimum Wage Laws
Stapleford, J. (2015). Bulls, bears, and golden calves: Applying Christian ethics in economics (3rd ed.).
Chapter 8: Overemployment: The Growth of Work and the Loss of Leisure
Chapter 11: A Clarion Call: Poverty and Distributive Justice