Peter Schiff Quotes

Minimum-wage laws are one of the most powerful tools in the arsenal of racists.

The minimum wage is the black teenage unemployment act. It is the guaranteed way of holding the poor, the minorities and the disenfranchised out of the mainstream is if you price their original services too high.

There are very few people at the decision-making table to argue for minimum-wage workers. Very few people.

A minimum wage leads to higher levels of unemployment.

Minimum wage laws have never worked in terms of having the middle class attain more prosperity.

This [minimum wage] legislation, passed by the 81st Congress at its first session, is an important addition to the laws we live by. It is a measure dictated by social justice. It adds to our economic strength. It is founded on the belief that full human dignity requires at least a minimum level of economic sufficiency and security.

Remember that the minimum wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result.

A job should lift workers out of poverty, not keep them in it.

Don't let anybody tell you that raising the minimum wage will kill jobs.

The bottom has fallen out of America's wage floor. And the erosion of the minimum wage has lowered pay and working standards for all of us.

There is nothing but a lack of social vision to prevent us from paying an adequate wage to every American citizen whether he be a hospital worker, laundry worker, maid or day laborer

Minimum wage laws tragically generate unemployment, especially so among the poorest and least skilled or educated workers... Because a minimum wage, of course, does not guarantee any worker's employment; it only prohibits, by force of law, anyone from being hired at the wage which would pay his employer to hire him.

The value of the minimum wage shouldn't be eroded, and it has been.

Working-class Americans have waited too long, close to a decade in fact, for an increase in the minimum wage. This has been the second longest period without a pay raise since the Federal minimum wage law was first enacted in 1938.

Raising the minimum wage isn't just pro-worker; it's pro-economic growth.

The minimum wage in Denmark is about twice that of the United States, and people who are totally out of the labor market or unable to care for themselves have a basic income guarantee of about $100 per day.

Raising the minimum wage seems to all economists to, at the very least, fail to 'raise' employment, and we'd all like to see better inclusion of low-skilled workers into good-paying jobs.

Raising the minimum wage is the right thing to do, but it's a popular thing to do as well.

Raising the minimum wage means we have workers paying more in to support the Social Security system.

Most poor people earn more than minimum wage when they are working; their problem is not low wages. The problem comes when they are not working.

it seems to me absolutely scandalous to try to set wage levels which wipe out jobs. I mean these are people who are not on the dole. They want to work and if you price them out of the market, its gonna be a lot worse for them and for the economy.

My question becomes, 'If we want to empower people with higher pay, there are probably better ways to do it that are more enduring than simply a federal mandate on wage level.'

I've been very outspoken that the minimum wage needs to rise.

I'm not sure there's another way to help move more people out of poverty than to raise the minimum wage.

I believe in $15 as a minimum wage.