A Quote by Elizabeth Warren
My mother saved our home with a minimum wage job. But in the 1960s, a minimum wage job would support a family of three above the poverty line. Not today. Not even close. I understood right then that people can work hard, they can play by the rules, and they can still take a hard smack.
Related Quotes
[A] family with two kids that earns the minimum wage still lives below the poverty line. That's wrong. That's why, since the last time this Congress raised the minimum wage, 19 states have chosen to bump theirs even higher. Tonight, let's declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9 an hour.
People will say 'how can you have a plane when your workers are on minimum wage?' I said 'but I don't set the minimum wage.' If the minimum wage would be the living wage, then the Government who set the rules should set it at the living wage. That's how I look at it.
In the 1960s, a minimum wage job would keep a family of three afloat.
The minimum wage can play a vital role in lifting hard-working families above the poverty line.
I grew up working for the minimum wage at Hardee's and knows first hand how important the minimum wage is. I support a state based minimum wage so every state can set their own minimum wage based on their cost of living.
The minimum wage is not something that you want to stay on as a permanent basis. For example, if you have a minimum wage job, you don't stay there 20 or 30 years. You don't put your children through college working on minimum wage.
No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty.
The problem with one single minimum wage is that you don't allow for younger people, who are less skilled and maybe more easily pushed out of the job market, or that the minimum wage should vary for different regions.
The national minimum wage has not been increased in 9 years. By year's end, 21 States across America will have a minimum wage exceeding the Federal minimum wage.
Even if we raised the minimum wage to $15 an hour, it's still hard to prosper on that wage.
The impact of a minimum wage depends on how high it is to average wages. If you have too high a minimum wage, it will hurt job creation, and you will have negative job effects.
Obama's gonna play Santa Claus with the minimum wage. He's got no successes to brag about. He cannot talk about a robust job market. In fact, the very fact he's talking about the minimum wage is evidence there is no robust job market.
You can't take a coal miner making $95,000 a year, the only work in these parts where you can support a family without having to hold down three jobs at once... and tell them, 'You can make minimum wage,' or, 'We can give you job training for jobs that don't exist in West Virginia.'
At the current $5.15 an hour, the federal minimum wage has become a poverty wage. A full-time worker with one child lives below the official poverty line.
Home Depot has never hired one human being for minimum wage, not one. We have always paid a premium over minimum wage.
I do not support raising the minimum wage, and the reason is as follows. When the minimum wage is raised, workers are priced out of the market. That is the economic reality that seems, at least so far, to be missing from this discussion.
Related Authors
Andrew Yang Quotes
American
Public Servant
Ben Bernanke Quotes
American
Public Servant
David Frum Quotes
American
Public Servant
Henry Paulson Quotes
American
Public Servant
James Comey Quotes
American
Public Servant
Janet Reno Quotes
American
Public Servant
Janet Yellen Quotes
American
Public Servant
Karren Brady Quotes
British
Public Servant
Michael Hayden Quotes
American
Public Servant
Mohammed Saeed al-Sahaf Quotes
Iraqi
Public Servant
Paula White Quotes
American
Public Servant
Samantha Power Quotes
Irish
Public Servant
Scott Gottlieb Quotes
American
Public Servant
Steve Bannon Quotes
American
Public Servant
Vivek Murthy Quotes
American
Public Servant
Wendy Kopp Quotes
American
Public Servant