A Quote by William M. Daley

Illinois needs a real strategy for job creation that grows the economy over the long term with high-wage jobs that rebuild the middle class. — © William M. Daley
Illinois needs a real strategy for job creation that grows the economy over the long term with high-wage jobs that rebuild the middle class.
I want to make it very clear that this middle-class tax cut, in my view, is central to any attempt we're going to make to have a short-term economic strategy and a long-term fairness strategy, which is part of getting this country going again.
Look at what's happening between Main Street and Wall Street. The stock market index is up 136 percent from the bottom. Middle class jobs lost during the correction: six million. Middle class jobs recovered: one million. So therefore we're up 16 percent on the jobs that were lost. These are only born-again jobs. We don't really have any new jobs, and there's a massive speculative frenzy going on in Wall Street that is disconnected from the real economy.
Women leading means that Congress is working to create jobs, make quality child care more affordable and strengthen the middle class because we understand that America grows the economy and opportunity from the middle out, not the top down.
The size of the U.S. middle class has been shrinking. Wages have been stagnant. We don't have those factory jobs that paid a living wage and enabled a family to have a home where the wife did not have to work. But we sent our factories abroad and there is no likelihood of getting them back. Equally worrisome is that some managerial jobs and professional jobs (such as lawyers) which support middle class life are threatened by automation.
I think it's time we had a President who will provide the only real economic security: good jobs. A President who will provide middle class payroll tax relief to get money in the pockets of workers who will spend it, not more tax giveaways for those at the top to stimulate the economy in the Cayman Islands and Bermuda. A President who will index the minimum wage to inflation and raise it from a 30 year low, not increase the tax burden on the middle class and those struggling to join it.
NAFTA recognizes the reality of today's economy - globalization and technology. Our future is not in competing at the low-level wage job; it is in creating high-wage, new technology jobs based on our skills and our productivity.
The impact of a minimum wage depends on how high it is to average wages. If you have too high a minimum wage, it will hurt job creation, and you will have negative job effects.
We can't just cut our way to prosperity. Even as we look for ways to reduce deficits over the long term, we must grow the economy in a way that strengthens the middle class and everyone willing to work hard to get into it.
Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker’s productivity worth that amount—and, if it is not, that worker is unlikely to be employed.
We’re all pros already. 1) We show up every day 2) We show up no matter what 3) We stay on the job all day 4) We are committed over the long haul 5) The stakes for us are high and real 6) We accept remuneration for our labor 7) We do not overidentify with our jobs 8 ) We master the technique of our jobs 9) We have a sense of humor about our jobs 10) We receive praise or blame in the real world
We need to work together, on a bipartisan basis, to create new jobs, increase job training, enact real and substantive middle class tax relief, and reward companies that create jobs at home.
This ought to be a season for cooperation in terms of pushing our economy forward, job creation, steadying the middle class, and laying the groundwork for a better future. And that's what we want to work on with Republicans and Democrats.
We will discard the failed policies and division of the past and embrace true American change to rebuild our economy, rebuild our inner cities - they need help so desperately - and rebuild our country. We will bring back our jobs, and we will not let our jobs go to other countries.
Now is not the time to compromise on the economy. Instead, we should be doing everything in our power to support long-term economic growth. Permanent repeal of the death tax will mean more high-quality, high-paying jobs for Americans.
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Many investors make the mistake of buying high and selling low while the exact opposite is the right strategy to outperform over the long term.
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