Note: Sample below may appear distorted but all corresponding word document files contain proper formattingExcerpt from Term Paper:
Heritage scholars Robert Rector and Rea Hederman found that only a little more than one quarter worked for 2,000 hours or more. They suggested that poverty in America was less of a material deprivation and more of emotional and spiritual loss, the awareness or knowledge of one's dependence on state and federal bureaucrats and a loss of self-esteem resulting from the knowledge of self-insufficiency. The working poor, on the other hand, are capable of facing their future with optimism and confidence, no matter how little they earned. It was the control they had over their lives, which translated into their contribution to the economy (Kersey).
An opposing view was suggested, wherein an increase in the minimum wage would benefit low-income workers, in general, and those below the official poverty line, in particular (Economy Policy Institute 2006). If and when the proposed minimum wage increase was approved, the wages of approximately 7.3% would go up from $5.15 to $7.25 by June next year. It would benefit working families and disadvantaged workers. The 1996-1997 minimum wage increase figures showed that the average minimum wage worker brought home more than half of his or her family's weekly earnings. Adult workers aged 20 and older would stand most to benefit from an increase to $7.25 at 72% in June next year with almost half of them working full time and 34.5% of those working between 20 and 34 hours a week. It would also benefit disadvantaged workers, such as women, at 60.6% from an increase to $7.2 in June 2007. Another disadvantaged group would be the minorities, such as African-Americans at 11.1% and 13.4% Hispanic. But the opinion was that the majority of the benefits at 58.5% would go to families with working, prime-aged adults at the bottom 40% of the income distribution. Most importantly, a minimum wage increase is part of an overall strategy to end poverty, along with the federal Earned Income Tax Credit. A single mother of two who worked 40 hours a week throughout the year and received a minimum wage would have earned $9,893 and became eligible for the maximum tax credit of $3,656, bringing her income to $13,549 or only 5% over the 1997 poverty threshold. But because the current minimum wage has not kept up with increased cost of living, the same family receiving it would now fall below the poverty line. $5.15 today is equivalent to only $4.23 in 1995 or lower than the $4.25 minimum wage level before the increase in 1996-1997 (Economy Policy Institute).
Moreover, a study conducted in 1998 reflected no significant job loss with the 1996-1997 minimum wage increase and even showed better market performance than in previous decades of lower unemployment rates, increased average hourly wages, increased family incomes and decreased poverty rates (Economy Policy Institute 2006). Studies conducted on the 1990-1991 federal minimum wage increase and those by David Card and Alan Krueger likewise reported no significant measurable negative impact on employment. New economic models can explain why there is little evidence of job loss when the minimum wage is increased. They showed that employers could better absorb the costs of a wage increase through higher productivity, lower recruiting and training costs, decreased absenteeism and raised worker morale (Economy Policy Institute).
Increasing the minimum wage has a liberal voice and a conservative voice (American Voice 2004). The liberal side, impelled by the studies of Card and Krueger, believed that a higher minimum wage could boost employment and reduce job turnover. This side saw that a higher minimum wage could become an effective strategy for generating employment and, therefore, result in greater economic stimulus per dollar of cost than tax cuts for high-income persons. The conservative voice, on the other hand, said that an increased minimum wage would reduce employment, especially for teen-agers, people of color and women. Teen-agers earning the minimum wage typically need the experience offered at entry-level more than a higher minimum wage. Likewise, it did not see an increased wage as an effective tool in fighting poverty because few held full-time jobs (American Voice).
1. Economy Policy Institute.2006. Minimum Wage Facts at a Glance. http://www.epinet.org/content.cfm/issueguides_minwage_minwagefacts
2. Kersey, Paul. 2004.…[continue]
"Americans In Poverty Level And" (2006, May 30) Retrieved October 27, 2016, from http://www.paperdue.com/essay/americans-in-poverty-level-and-70684
"Americans In Poverty Level And" 30 May 2006. Web.27 October. 2016. <http://www.paperdue.com/essay/americans-in-poverty-level-and-70684>
"Americans In Poverty Level And", 30 May 2006, Accessed.27 October. 2016, http://www.paperdue.com/essay/americans-in-poverty-level-and-70684
Taking these two pieces of data into consideration, we may conclude that poverty amongst immigrants is rising and having a correspondent challenging impact on their children. These children who, frequently, know little English then bring their problems into the schools that they attend not only impacting their peers but also frustrating and challenging their teachers and principals. The challenges of the poor home environment as well as the deprived atmosphere
Again, the press is not aware of all that goes on in the White House behind closed doors. Just because the matter was not publicly mentioned again in a direct fashion, does not mean that it was dropped. My team and I have continually discussed the best course of action for fostering trade with Tunisia and setting a much stronger precedent in the Middle East. The WSJ has actually
Poverty and Obesity POVERY AND OBESITY The Connection Between Poverty and Obesity Michelle Spezio English Composition Fall Session A The Connection between Poverty and Obesity The argument that obesity is correlated with poverty is one that is quite persistent in the popular literature and also the in the scientific research (e.g., Drewnowski, 2004; Pollan, 2006). To say that one thing is correlated with another should not be interpreted as meaning that one thing leads to another or
The literature search and selection was essentially based on the central questions noted above. The selection of causality was a central theme in this search; and this term was also related to concomitant aspects of the subject; such as the perception of poverty, methodological consideration in the measurement of poverty rates, important social and cultural factors etc. An effort way also made to include theoretical as well as more
poverty in Latin America. Latin America has always been in poverty and although there have been some ups and downs, the poverty level remains great. First, we will discuss the region that is known as Latin America, the determining factors of poverty, the statistics and history of the poverty in Latin America and the future of the poverty in Latin America. Latin America refers to the areas of America in
The situation that happened in New Orleans after hurricane Katrina shows that. It was the poor and the homeless that were stuck in New Orleans after the hurricane, because the middle class and above always have the means to get away, no matter how. The poor are disadvantaged in this country, but there are also many things that society and corporations do to keep them at their poverty level.
Food Nation is the kind of book that you hope young people read because it demonstrates far better than any social studies class the need for government regulation, the unchecked power of multinational corporations and the importance of our everyday decisions. USA Today Despite international concerns with the Cold War and Senator McCarthy's accusations, the 1950s were an exciting change for many Americans. A large number headed out to the suburbs