Minimum wage

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Minimum wage is the biggest debate that United States has to go through throughout the last century. But recently our leaders are having arguments on weather or not we should raise the minimum wage for hard working people. Oklahoma's Gov. Mary Fallin is having to the answer the question to raise the state's minimum wage higher than it is recently at with $7.25. There are many concerns that owners of businesses have about if the government is going to raise the minimum wage. As of 2014 Gov. Mary Fallin signed into a law a bill that would banned cities within Oklahoma from creating a mandatory minimum wage and employees benefits. The minimum wage issue is a microeconomics issue because it mainly effects a single individual of a household, a group of consumers, and businesses.
According to United States Department of Labor the State of Oklahoma is under the states with minimum wage rates that same as the federal. Oklahoma has employers of ten or more full time employees at any one location and employers with annual gross sales over $100,000 irrespective of number of full time employees with the basic minimum rate of $7.25 and $2.00 for all other employers (U.S. Department of Labor). When I was younger I used to work at a grocery store stocking up items for future customers to shop for. At that time the minimum wage was $5.85. At the time I was living at home and didn't have to deal with bills. So I was thinking to myself I can make a living with this paycheck because of my living cost wasn't high. But as I work through the months Under the Oklahoma Minimum Wage Act the minimum wage will be raised from $5.85 to $6.55 per hour as of July 24, 2008. Then one year later the minimum wage was raised to $6.55 to $7.25 per hour and that wou...

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...T - Oklahoma Governor Signs Bill Blocking Minimum Wage Increase." JURIST - Oklahoma Governor Signs Bill Blocking Minimum Wage Increase. JURIST Legal News, 16 Apr. 2014. Web. 18 Apr. 2014.

Franklin, Dallas. "'That Is Disappointing,' State Leaders Split over Bill That Bans Cities from Setting Their Own Minimum Wage." KFORcom. KFOR, 16 Apr. 2014. Web. 18 Apr. 2014.

Querry, K. "Study: Minimum Wage Workers Have to Work How Many Hours to Afford Okla. Apartment?" KFORcom. KFOR, 5 Mar. 2014. Web. 18 Apr. 2014.

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