A Quote by Peter Navarro

The best way to lift people out of poverty and boost wages is to grow our GDP faster. While Trump is open to raising the minimum wage, the best approach is to grow faster. — © Peter Navarro
The best way to lift people out of poverty and boost wages is to grow our GDP faster. While Trump is open to raising the minimum wage, the best approach is to grow faster.
If I thought that raising the minimum wage was the best way to help people increase their pay, I would be all for it, but it isn't. If you raise the minimum wage, you're going to make people more expensive than a machine. And that means all this automation that's replacing jobs and people is only going to be accelerated.
You can't lift people out of poverty simply by tweaking the tax system, or by raising the minimum wage by a few cents, or by reducing student debt slightly. These might be necessary components of a larger anti-poverty program, but you have to accept they are pieces of a much larger puzzle.
My view is we need the best environment for businesses to grow. That is the best opportunity to ensure wages can lift, not artificially but sustainably.
No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty.
Raising minimum wage doesn't just benefit the workers behind me, it creates a proven ripple effect that increases wages all the way up the scale. ... Let's get the facts straight, only 20 percent of people making the minimum wage are teenagers. The rest are hardworking adults, many of them with families, and I mean hardworking.
Raising the minimum wage may poll well, but having a job that pays $10 an hour is not the American Dream. And our current government programs, offer at best only a partial solution. They help people deal with poverty, but they do not help them escape it.
I was on the committee that helped raise the minimum wage here in Seattle. I introduced a statewide bill to raise the minimum wage in Washington state my first year in the state senate, and I really believe that raising the federal minimum wage, while not the answer to everything, addresses a lot of the issues at the very bottom.
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?)
If you look at the future of the Democratic Party, things like raising the minimum wage - Democrats need to get behind raising the minimum wage and be clear on where we stand on trade deals.
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.
I do not support raising the minimum wage, and the reason is as follows. When the minimum wage is raised, workers are priced out of the market. That is the economic reality that seems, at least so far, to be missing from this discussion.
[A] family with two kids that earns the minimum wage still lives below the poverty line. That's wrong. That's why, since the last time this Congress raised the minimum wage, 19 states have chosen to bump theirs even higher. Tonight, let's declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9 an hour.
Raising the minimum wage would be a positive step in reducing poverty, the humiliation of living in poverty, and dependence on public assistance.
Nip the shoots of arbitrary power in the bud, is the only maxim which can ever preserve the liberties of any people. When the people give way, their deceivers, betrayers and destroyers press upon them so fast that there is no resisting afterwards. The nature of the encroachments is to, grow every day more encroaching; like a cancer, it eats faster and faster every hour.
Certainly other things we can do, we gotta promote after-school employment, give kids an opportunity, raising the minimum wage was part of that, we can't expect that young people are going to feel they can make a living out there for such low wages.
I thought in this country, the best social program was a job. Yet minimum wage jobs aren't paying enough to keep families out of poverty.
This site uses cookies to ensure you get the best experience. More info...
Got it!