Given the recent economic crises, many economists have spoken out about the unstable and potentially unsustainable nature of capital distribution (i.e., the polarization of income). Because the primary factors of production are land, labor, and capital, the relationship between laborers and capital distribution is critical to the stability of a financial ecosystem.

First review and read Executive Order -- Minimum Wage for Contractors(Links to an external site.)

Using your understanding of the labor market, income distribution, and the nature of production, support or oppose former President Obama's initiative to raise the U.S. minimum wage to $10.10 at the federal level.

Research what the current position is on minimum wage? How has it changed since former President Obama's initiative from 2014? (search on whitehouse.gov(Links to an external site.) for minimum wage to find the most current federal information) Note this is not intended to be political, your conclusion should be rooted in economic ideas such as unemployment rates, productivity, labor market demand, economic profit, and long-term economic sustainability.

https://obamawhitehouse.archives.gov/the-press-office/2014/02/12/executive-order-minimum-wage-contractors