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The Minimum Wage Debate: A Complex Landscape
This chapter explores the contentious debate surrounding the federal minimum wage, particularly in light of rising poverty during the pandemic. It examines the proposed increase to $15 an hour through the Raise the Wage Act of 2021, highlighting the division among lawmakers and varying public support. The discussion delves into the historical context, economic implications, and potential consequences on employment and living standards, presenting a nuanced view of the ongoing challenges and debates regarding minimum wage policies.