A Quote by James Callaghan
Those who advocate devaluation are calling for a reduction in the wage levels and the real wage standards of every member of the working class.
Related Quotes
The bottom has fallen out of America's wage floor. And the erosion of the minimum wage has lowered pay and working standards for all of us.
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.
To advocate both for more immigration and for faster wage growth for the working and middle class is to work at cross-purposes.
In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two.
The overtime threshold is to the middle class as the minimum wage is to low-wage workers.
Working-class Americans have waited too long, close to a decade in fact, for an increase in the minimum wage. This has been the second longest period without a pay raise since the Federal minimum wage law was first enacted in 1938.
It is historically the case that virtually every new zone incorporated into the world-economy established levels of real remuneration which were at the bottom of the world-system's hierarchy of wage-levels.
I will advocate moving the Illinois minimum wage back to the national minimum wage.
We will never have real safety and security for wage earners unless we provide for safety and security for the wage payers and wage savers.
It has now been over 7 years since Congress last raised the minimum wage to its current level of $5.15 per hour. Since that last increase, Congress's failure to adjust the wage for inflation has reduced the purchasing power of the minimum wage to record low levels.
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.
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.
a great deal of the wealth at the top is built on the low-wage labor of the poor. Take Wal-Mart, our largest private employer and premiere exploiter of the working class. ... You think it's a coincidence that this union-busting low-wage retail empire happens to have generated a $65 billion family fortune?
What the carburetor, sparkplug and self-starter are to an automobile, initiative, private enterprise and executive ability are to industry as a whole, including the wage earner, wage payer, wage spender and wage saver, i.e., the investor. If the sparkplug and self-starter get out of commission, the car will come to a standstill.
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.
[A]s we celebrate 75 years of the minimum wage, we must also recognize that it is no longer achieving its potential impact in our economy or for America's working families. Every American deserves the chance to build a better life for his or her family - and raising the minimum wage will provide that opportunity.
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