For this 2nd assignment I want you to just produce page and a half of a discussion like you have in this post.
Below, I've colored two different sides of the minimum wage discussion.
The "red" defends exactly the opposite view of the "blue." Each side
brings forth data to support its position. This is what I want you do
for this 3rd assignment.
Just a to-and-fro between your thesis and your counter. I want a page-and-a-half to two-pages of this dynamic. For next Friday (for M,W,F, classes), or next Thursday for (T,R classes), or next Tuesday (T 5:40pm class). You should hand the assignment in class.
Philosophy paper (second assignment)
John Doe, MWF 9am class
My point it that
increasing the minimum wage is a good thing for the economy. Why? Tying
the minimum wage to inflation would allow it to rise along with the cost
of living. If enacted, the measure would boost the wages of about 15
million low-income workers. The $9 minimum wage would be the highest in
more than three decades, accounting for inflation, but still lower than
the peaks reached in the 1960s and 1970s.
Some people disagree,
they believe that companies that hire low-wage workers — both small
businesses and some large businesses — have a place in the economy. They
argue that raising the minimum wage increases their cost of business. (here comes the data) In fact, some economists reason that
making employees more expensive for companies to hire is detrimental to
an economy like ours, with high levels of unemployment (even after the
recession has ended).
However many centrist,
labor and liberal groups have pushed for higher minimum wages. For
example, Christine Owens, the executive director of the National
Employment Law Project, said in a statement. “A higher minimum wage is
key to getting the economy back on track for working people and the
middle class. There is a growing consensus on the left and right that
one of the best ways to get the economy going again is to put money in
the pockets of people who work.”
(here comes the data) According
to some estimates, $1.75 increase in the minimum wage would be enough
to offset roughly 10 to 20 percent of the increase in income inequality
since 1980. According to data compiled by the economists Thomas Piketty,
at the Paris School of Economics, and Emmanuel Saez, at the University
of California, Berkeley, inequality has worsened considerably during
that time, and many metrics show that wages have stagnated or declined
for millions of working families. The income share of the top 1 percent
of earners has doubled, to 20 percent in 2011 from 10 percent in 1980.
Between 1980 and 2008, according to analysis by the Economic Policy
Institute, the top 10 percent of earners captured 98 percent of all
Conservatives have a different opinion. They argue that minimum wages burden job creators, especially during times when the economy is weak. (here comes the data)
House Speaker John A. Boehner voted against a 2006 bill letting the
minimum wage rise to its current level of $7.25 from $5.15. The
legislation ultimately passed with bipartisan support in 2007, though
many Republicans voted against it.
and so on and so forth...
Got it? (you can leave a comment here in case you don't).