A Quote by James O'Toole

Sadly, too many corporate leaders still believe that the way to boost productivity and profits is to continually reduce salaries, benefits, and training expenditures, a strategy that can be taken only so far. At a certain point in a developed society, salaries and benefits can't be slashed further and, in the long term, comparative economic advantage then must be realized through the effective mobilization of an educated, engaged, and loyal workforce.
Now, modern economies have a very effective mechanism for deciding if salaries are really too high: it's called the free market. That's how most people's salaries are set, after all, including those of major-league baseball players and European soccer players.
Today, the United States is No. 1 in corporate profits, No. 1 in CEO salaries, No. 1 in childhood poverty and No. 1 in income and wealth inequality in the industrialized world.
I have fought to protect those benefits that ensure better salaries for teachers across the Nation such as grants to pay off student loans and funding for Teach for America. Still, we must all do more to show our continued appreciation for our Nation's leading role models.
I think we spend too much on K-12 education a.k.a. teachers' salaries. It's the only industry where you never see any productivity increases.
Our economic system has enabled companies and individuals to use their power and influence to capture and retain an ever-increasing share of the benefits of economic growth while the benefits for the poorest in society have shrunk.
Modern capitalism is just as subversive as Marxism. The materialistic view of life on which both systems are based is identical. As long as we only talk about economic classes, profit, salaries, and production, and as long as we believe that real human progress is determined by a particular system of distribution of wealth and goods, then we are not even close to what is essential.
Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.
Through our government's updated science, technology and innovation strategy, we are making the record investments necessary to push the boundaries of knowledge, create jobs and opportunities, and improve the quality of life of Canadians. Our government's Canada Research Chairs Program develops, attracts and retains top talent researchers in Canada whose research, in turn, creates long-term social and economic benefits while training the next generation of students and researchers in Canada.
For decades now, the Democrats have had a good gig buying the votes of government workers with outrageous salaries, benefits and work rules - and then sticking productive earners with the bill. But, now, we're out of money.
For an economic recovery program to be effective, it must not only create a short-term economic boost but also generate lasting value. Home Star would accomplish that by breaking down the key barrier between homeowners and money-saving retrofits: upfront costs.
Ray and I do not draw salaries. Any profits will be re-invested into marketing the music we believe in.
Ray and I do not draw salaries, Any profits will be re-invested into marketing the music we believe in.
We have to live with the rest of the world. And it's a mistake, in my view. Trade has generally developed in this country. We actually export 12 or 13 percent of our GDP. It was only 5 percent in 1970. But it benefits us. It benefits the rest of the world. It doesn't benefit the steelworker maybe in Ohio. And that's the problem that has to be addressed, because when you have something that's good for society, but terribly harmful for given individuals, we have got to make sure those individuals are taken care of.
When employers no longer offer secure full-time employment with benefits, then it's hard to expect employees to be loyal, engaged, and maximally productive.
If the members of parliament no longer consider themselves mandatories of the taxpayers but deputies of those receiving salaries, wages, subsidies, doles, and other benefits from the treasury, democracy is done for.
Germany benefits the most from the European Union because Germany is, by far, the biggest exporter into the Euro Zone, and therefore, it benefits. And one who benefits the most must take the biggest responsibility.
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