A Quote by Greg Miller
Wage restraint was helping businesses out and now it's not. Have we tipped over the edge? Maybe not, but the trend in wages is moving higher.
Related Quotes
Many Americans are feeling, you know, shut out, shut down, the great recession hasn't ended for too many Americans, wages are flat, families are struggling, not enough new jobs, or new businesses are being created, and it's important that we all try to figure out what we're going to do, and that's what I've done my entire life, fighting for a higher minimum wage, or family leave, now paid family leave which I believe in, equal pay for equal work.
If a market exists for low-paid work, then we should think about how we can make this type of work more attractive by providing government assistance. Of course, the wage-earner must be able to live off of his wages. We will not allow poverty wages or dumping wages. But the wage earner can receive a combined wage that includes both his actual wages and a government subsidy.
It seems to me both moral and practical that in the richest in nation in the world that someone working full time shouldn't live in poverty. And studies over the last 20 years in states where we have seen these minimum wage increases show there's no discernible impact on employment growth. In fact, what it does is line low-wage workers' pockets with higher wages.
Many people do not understand that business investment is a critical prosperity-booster, leading to more jobs, higher wages, and stronger family income. Put another way, rising tax and regulatory burdens that penalize investors and businesses also punish middle-income wage earners.
Wages? You want to be wage slaves? Answer me that! Of course not. What is it that makes wage slaves? Wages! I want you to be free. Strike off your chains! Strike up the band! Strike three you're out! Remember, there's nothing like Liberty, except Colliers and The Saturday Evening Post. Be free, now and forever. One and individual. One for all and all for me, and tea for two and six for a quarter.
I support raising the federal minimum wage. What I've said is I don't want San Diego to be at a competitive disadvantage, particularly for our small businesses and our entrepreneurs to have one set of wages for San Diego and a different set of wages for surrounding cities.
When Michael died I was tipped over the edge. I was beyond grief.
Sharp increases in the minimum wage rate are also inflationary. Frequently workers paid more than the minimum gauge their wages relative to it. This is especially true of those workers who are paid by the hour. An increase in the minimum therefore increases their demands for higher wages in order to maintain their place in the structure of wages. And when the increase is as sharp as it is in H.R. 7935, the result is sure to be a fresh surge of inflation.
When families can afford the basics, they can reinvest in their communities, and higher wages means a broader consumer base for businesses.
Last-mile efficiencies is a big trend. It's something that consumers have demonstrated that they want and existing businesses are trying to figure out and new businesses are rising up to.
So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.
Requiring the payment of higher wages will lead to a loss of some jobs and a raising of prices which drives companies to search for automation to reduce costs. On the other hand, those receiving higher wages will spend more (the marginal propensity to consume is close to 1 for low income earners) and this will increase demand for additional goods and services. Henry Ford had the clearest vision of why companies can actually benefit by paying higher wages.
In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically opposed to the idea that wages are a market price-determined by supply and demand, the same as the price of apples or coal. And it is for that reason, rather than the practical details, that the broader political movement of which the demand for a living wage is the leading edge is ultimately doomed to failure: For the amorality of the market economy is part of its essence, and cannot be legislated away.
I even believe in helping an employer function more productively. For then, we will have a claim to higher wages, shorter hours, and greater participation in the benefits of running a smooth industrial machine.
Momma said that ghosts couldn't move over water. That's why Africans got trapped in the Americas.. They kept moving us over the water, stealing us away from our ghosts and ancestors, who cried salty rivers into the sand. That's where Momma was now, wailing at the water's edge, while her girls were pulled out of sight under white sails that cracked in the wind.
Teddy Kennedy's big new idea is to wheel out his 18th proposal to raise the minimum wage. He's been doing this since wages were paid in Spanish doubloons (which coincidentally are now mostly found underwater). Kennedy refuses to countenance any risky schemes like trying to grow the economy so people making minimum wage get raises because they've been promoted. Kennedy's going down and he's taking the party with him! (Recognize the pattern?)
Related Authors
Ambrose Bierce Quotes
American
Journalist
Andy Rooney Quotes
American
Journalist
Ann Coulter Quotes
American
Journalist
Anna Quindlen Quotes
American
Journalist
Bill Vaughan Quotes
American
Journalist
Dave Barry Quotes
American
Journalist
Dennis Prager Quotes
American
Journalist
Erma Bombeck Quotes
American
Journalist
Fran Lebowitz Quotes
American
Journalist
George Will Quotes
American
Journalist
Glenn Beck Quotes
American
Journalist
Hunter S. Thompson Quotes
American
Journalist
Mignon McLaughlin Quotes
American
Journalist
Molly Ivins Quotes
American
Journalist
Rachel Maddow Quotes
American
Journalist
Walter Lippmann Quotes
American
Journalist