A Quote by Jared Bernstein
With stagnant hourly wages, the only way for working families to get ahead is by working more hours, ... certainly not the path to improving living standards that we'd expect in an economy posting strong productivity gains.
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We have to have an economy that is strong for everyone, working families who believe they can get ahead and give the children a better quality of life.
We can lift standards of living for working families in this country. We can help small businesses create jobs. And we can have a beneficial impact on the economy as a whole if we do tax reform right.
When Benjamin Disraeli spoke of the 'two nations' in Britain he was perfectly right, only the working classes were not exactly a nation. But the gap in behavioral standards and in outlook, and of course in standards of living, were enormous. And in course of time, at least in countries such as Britain, the working classes more or less adopted and have become assimilated to the standards of the so-called 'gentle' classes. That is assimilation.The working class has hardly been able to govern, but they are no longer outsiders in relation to the state as they were before.
If workers are overworked, or companies hire temps at low wages, this fundamentally comes down to the quality of life for a person. It's bigger than wages. They should be able to spend time with their families. And if they're single, they should be able to have fun and not spend every day of their life working 12 to 15 hours a day and never get a chance to take care of their well-being. To me, that's part of living a good life.
Higher wages for American workers are not just good for American families, they are good for our economy. I will keep fighting for a raise for hard working Americans so our families can afford housing, help their children get a quality education, and secure a good retirement.
The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.
Too many families are working incredibly hard, but their wages never seem to go up and their health care bills only get harder to pay.
The U.K. and the U.S. are quite similar in that they have high-productivity, English-speaking workforces who don't mind working long hours. Working in those countries is not a problem.
The economy has definitely been improving, and things like the stock market are doing better, but the economy has to be good for working-class and middle-class families who work every day, send their kids to a school like is in front of my house, and they have to be able to enjoy their lives. That's why you don't pass a trade agreement that ships even more jobs overseas.
There is no better way to improve wages and working conditions in our country than to support the right to unionize. Throughout our history, unions have improved the lives of millions of American families, grown the middle class, and pushed our economy forward.
As Governor, I've worked to solve problems the New Hampshire way - bringing together Democrats, Republicans and Independents to help hard-working Granite Staters adapt to our changing economy so that everyone has the opportunity to get ahead and stay ahead.
People understand that the economy is rigged. They're working longer hours for low wages. All new income and wealth, almost all, is going to the people on top.
The Federal Reserve's objectives of maximum employment and price stability do not, by themselves, ensure a strong pace of economic growth or an improvement in living standards. The most important factor determining living standards is productivity growth, defined as increases in how much can be produced in an hour of work.
We both [with Donald Trump] share a desire to ensure that governments are working for everyone and particularly that governments are working for ordinary working families and working-class families. And I think that's important. That's what I've spoken about.
Working families are worried about affordable health care, public education, and earning enough to get ahead. Our people should know that Frankfort is working to solve the challenges they're facing - not furthering the self-interests of lobbyists and insiders.
This is my work ethic: I do not want to raise my future kids where I was raised, and I know the only way to do it is working, working, working, working, working.
