A Quote by Mitt Romney
And wages - we'll see the end of this decline we're having. The median income in America is down 10% in just the last four years. That's got to stop. We've got to start seeing rising wages and job growth.
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Deflation means a slowdown of income growth. Markets shrink, new capital investment and employment also taper off, so wages decline. That is what's happening as deliberate policy in Europe and the United States. Falling or stagnant prices are simply the result of having less income to spend.
Over the years, we have lost millions of decent paying jobs. These trade agreements have forced wages down in America so the average worker in America today is working longer hours for lower wages.
It were depression, too. They cut my wages down once at the foundry. They cut my wages down again. Then they cut my wages out, also the job.
America's peak years of indigenous innovation ran from the 1820s to the 1960s. There were a few financial panics and two depressions, to be sure. But in this period, a frenzy of creative activity, economic competition and rapid growth in national income provided widening economic inclusion, rising wages for all, and engaging careers for most.
During the 1960s, rising real wages for low-income and high-income workers, due in part to rapid economic growth and the spread of unionization, worked in tandem with expanding government support systems to improve Americans' well-being.
The basic thing that made Trump popular is that he blamed others for the problems that we have in the United States. We have a problem. Let's face it. The typical income, median income, of a full-time male worker - and the workers who have a full-time job are the lucky ones - is at the same level it was 42 years ago. At the bottom, real wages in the United States are at the same level they were 60 years ago.
Since 1978 for the bottom half of the wealth distribution male median wages have actually gone down. And I think that's a crucial reason. If you are a male worker, your median wage since 1979 has gone down.
When illegal labor is used, that almost always depresses wages paid to all workers. The illegal workers can be exploited, and they will usually accept lower wages. As a result, all workers in the plant, including U.S. citizens, will see their wages go down.
As America's head coach, President Obama needs to make some big and smart adjustments to jump-start economic growth and business investment, stimulate job creation, and get wages up for ordinary Americans.
One of the major forces driving the decline in wages and the concentration of wealth at the top is the offshoring of American jobs overseas - reducing wages not only in manufacturing but also across the economy.
Illinois will only get economically healthy if we stop focusing on growing minimum wages and start focusing on growing everyone's wages.
For the typical Americans, most of their income comes from wages. So, for people making less than $1 million a year, about 70% of their income comes from wages. But for those making more than $1 million, for the top 0.3%, it's the opposite.
Ministers have received their wages, and some have their minds too much on their wages. They labor for wages, and lose sight of the sacredness and importance of the work.
Workers' wages are not keeping up with inflation. Their wages are not on pace with the amount of work that they do. We work harder and longer in America and still people's wages are not keeping up with that.
Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.
Real median household incomes in the U.S. were basically the same in 1989 as in 2014. But we are also seeing similar challenges in the U.K. in the stagnation of real wages.
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