“CBO report: Minimum Wage hike could cost 500,000 jobs”
Davis, Susan. “CBO report: Minimum Wage hike could cost 500,000 jobs.” USA Today. 18 Feb. 2014. Web. 11 Mar. 2014. <http://ux-origin.usatoday.com/story/news/politics/2014/02/18/cbo-minimum-wage-jobs/5582779/>
President Obama wants to raise minimum wage from $7.25 to $10.10. The nonpartisan congressional budget office feels that if minimum wage is hike up them 500,000 people will be out of a job but, 900,000 people will be lifted out of poverty. There will be an election in March.
This reminds of my business 110 class. In business we are talking about what will happen to people that are already making $10.10 an hour. If the minimum wage is raised to $10.10 so; the people who already make that should also get a higher wage.
Raising the minimum wage to $10.10 is a great idea. It is great because when I start working I would love to be making $10.10 an hour. This affects me in many different ways because when I grow up I want to make enough money for the work that I am doing.
The author’s point of view is 3rd person. It affects the overall effect of the story because it gives both sides of the story. By the author giving both sides of the story it lets the readers know what is happening on both sides.
Evidence:
“Obama initially called on Congress to raise the $7.25 hourly minimum wage to $9, but he has since rallied with leading Senate Democrats who are pushing for a $10.10 increase. The Democratic-controlled Senate is expected to vote on a wage increase in March, but it is unlikely to get a vote in the GOP-controlled House.”
“CBO examined the budget impacts of raising the minimum wage to $9 and $10.10. The report concluded that a $9 increase would lift 300,000 workers above the poverty line, but cost 100,000 new jobs as employers are expected to reduce workforce's to make up for higher wages. A $10.10 increase would lift 900,000 workers above the poverty line, but cost 500,000 jobs.”
Souza, Peter. "Barack Obama." Wikipedia. 24 Feb. 2009. Media. 10 Mar. 2014.
Very cool article. I think it would be awesome to have a minimum wage of $10.10, but it would be interesting to see the down side to all this. Once again remeber toalways check your grammar. And I still think you should out your citations at the end of the post to make it look more orginized. Your citations also have a few mistakes. Your evidence isn't correct. Overall, this was a really nice post to read.
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