Minimum Wage

Minimum Wage
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  • Dad, I don't get why I work this crappy job just to make minimum wage! I'm saving for college. Don't they realize I need more then $7.25 an hour. 
  • Son, sit done and let me tell you about the history of minimum wage and why you only get paid that. 
  • It all started in 1938 during the great depression
  • We want money! We want to live!
  • Everyone needed money so the government was paying people $0.25 a hour
  • So if we go back in time, we will see that the Fair Labor Standards Act or the FLSA
  • The FLSA is the reason we have minimum wage Jake, they are one of the sources that helped end the great depression 
  • Okay dad, I think I'm started to understand. Please continue. 
  • That's because the price of living has went up in America. But the reason you only make so little an hour is because of another thing. 
  • So, as you have probably figured out, the minimum wage went from $0.25 to $7.25. 
  • We as Americans expect our children to go to college and go for great job, like a doctor or teacher. 
  • So I only need this job for high school and college since I want to be welder. It'll help me with my little expensive. 
  • Yes Jake, you will only need this job during school because it's not meant to be able to live off of.
  • I understand now dad. Thanks for the clarification. 
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