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Minimum Wage.

Date Submitted: 02/11/2004 00:06:43
Category: / Business & Economy / Economics
Length: 4 pages (1236 words)
Minimum Wage When was the last time a "value" meal from McDonalds, let alone any other fast food chain, did not cost five dollars or more? When was the last time premium gas was under a dollar a gallon? It's hard to remember, isn't it? Wouldn't it be great if everything cost a nickel, like back in the good old days? In Nickel and Dimed, Barbara Ehrenreich, explores the minimum wage and the trials one …
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…goes up as well. Maybe if a control is put on the minimum wage, a "value" meal at McDonald's would cost under five dollars, and maybe premium gas would cost less than a dollar a gallon. The study, which Ehrenreich performed, is very interesting and informative. She went from having only one perspective on life, to having many. Nickel and Dimed, is a beneficial tool when analyzing the minimum wage and how it affects Americans.
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