Harold Wilson Quotes

One man's wage rise is another man's price increase.

I have no issue with raising minimum wage, but then the customer can't say to us, 'Why are you raising your prices?'

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.

Declining productivity and quality means your unit production costs stay high but you don't have as much to sell. Your workers don't want to be paid less, so to maintain profits, you increase your prices. That's inflation.

Under the guise of fighting inflation, COLA actually creates it.

If the price of a burger goes up 5 cents, and the minimum wage that you have received is going up from $7.25 to $15 an hour - and there have been a number of studies that document just how much the price of a burger might go up if you increase the minimum wage. You match the costs, and the benefits far outweigh the costs.

Inflation is essentially antidemocratic.

Today a minimum wage earner has to work a day and a half just to pay for a full tank of gas. That is simply shameful.

Today, the Federal minimum wage purchases less than it has at any point in the last 50 years. Let me repeat: The Federal minimum wage purchases less than it has at any point in the last 50 years.

Inflation is bringing us true democracy. For the first time in history, luxuries and necessities are selling at the same price.

My wife and I decided to try and kick start our kitchens to a $15 minimum wage for cooks. I've probably had to go through and raise every menu price now by 50 cents because it took away my profit. I just underestimated what it was going to cost.

An industrialist's answer [to inflation] is to charge more for his product to the public, never to cut his own profits. Labor's answer is even more natural. Since the worker would have to change his entire mode of life, labor asks for higher wages to cover the higher expenses.

I'm more concerned about maximum wages, not minimum wages.

Workers' wages are not keeping up with inflation. Their wages are not on pace with the amount of work that they do. We work harder and longer in America and still people's wages are not keeping up with that.

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

While prices of goods continue to rise, American worker's wages remain stagnant.

I just get the same stuff as I did before, but the price tag is much higher.

Statistical studies are all over the lot about the pluses and minuses of raising the minimum wage.

The way things are going, we are not too far from the day when it will take an hour's labor just to pay for the gasoline to get to the job.

In New Orleans, where I'm from, the average household income, with two working parents, two kids, a dog and a little fence is $16,000 a year, so $15,000 for a movie sounds pretty good.

There can be no rise in the value of labour without a fall of profits.

My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages.

The national minimum wage has not been increased in 9 years. By year's end, 21 States across America will have a minimum wage exceeding the Federal minimum wage.

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

In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.