A Quote by John F. Kerry
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.
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We now live in a world where the most valuable skill you can sell is knowledge. Revolutions in technology and communication have created an entire economy of high-tech, high-wage jobs that can be located anywhere there's an internet connection. And today, a child in Chicago is not only competing for jobs with one in Boston, but thousands more in Bangalore and Beijing who are being educated longer and better than ever before.
The smartest thing we can do to create high-wage jobs and grow our economy is to keep our focus on education.
If cheap immigrant labor is made unavailable, employers can hire Americans at a higher wage, or replace low-wage immigrant workers with technology and automation, which will create a smaller number of skilled jobs for Americans.
Investing in industries and technology for the 21st century generates high-skilled, high-wage jobs for industries of the future.
By holding down natural wage growth in labor-intensive industries, immigration serves as a subsidy for low-wage, low-productivity ways of doing business, retarding technological progress and productivity growth.
We were told that all this new high technology, all these new high-tech jobs that we were going to be creating here in the United States of America would stay here, so our people would benefit with the jobs and health care and everything else.
Our current expectations for what our students should learn in school were set ?fty years ago to meet the needs of an economy based on manufacturing and agriculture. We now have an economy based on knowledge and technology.
I have not heard almost anybody suggest that raising the minimum wage to the level we have in Vermont has been an impediment to our economy which is doing reasonably well ... If somebody is going to work that person has got to receive at least a wage that they can go out and live with dignity on. That's an extremely important point.
In my view, we need a massive federal jobs program which puts millions of our people back to work. We must end our disastrous trade policies. We need to raise the minimum wage to a living wage. And we have to fight for pay equity for women.
High-skilled workers increasingly choose lucrative jobs that don't serve or supervise low-skilled workers. Low-skilled productivity and wage growth has lagged as a result.
My mother saved our home with a minimum wage job. But in the 1960s, a minimum wage job would support a family of three above the poverty line. Not today. Not even close. I understood right then that people can work hard, they can play by the rules, and they can still take a hard smack.
Regardless of what the minimum wage is, you really have the market wage. And if we're not taking care of our people, then we're going to lose good talent, at every level.
As we become more codependent with technology, it's not necessarily based on our desire for the technology but our desire for interconnectivity and wanting to stay connected, which is a natural human instinct. The technology itself is kind of emotionally manipulative.
[Martin Luther King, Jr.] would want us to celebrate him, his birth, and his legacy by acting upon his agenda, by realizing the dream, by making the minimum wage a living wage, by having not just family and medical leave, but paid sick leave for our workers, [and] by having quality, affordable child care so that our families, the power of women can be unleashed in our economy and in our society.
I want us to invest in you. I want us to invest in your future. That means jobs in infrastructure, in advanced manufacturing, innovation and technology, clean, renewable energy, and small business, because most of the new jobs will come from small business. We also have to make the economy fairer. That starts with raising the national minimum wage and also guarantee, finally, equal pay for women's work.
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.
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