Charles E. Wilson Quotes
If workmen are denied any increase in real wages and they can look forward only to a better standard of living through reduction of prices, progress for them is terribly slow, and they become impatient and dissatisfied.
Wilson, Charles E. Address at the Opening of General Motors Diesel Limited, London, Ontario, August 11, 1950. General Motors Corporation, 1950.
Under the economic stewardship of the George W. Bush administration, the rate of inflation was modest. However, while the wages of the highest executives had increase markedly, the wages of average workers actually had decreased for much of the administration.
The last 5 years of the 1990s were the last of the Clinton administration where he was the principle architect of economic policies for that period. While this statement was somewhat self serving, the economic and fiscal performance of the Clinton years were astoundingly superior to those before and after.
Charles Edward Wilson was a CEO of General Electric.
