Harold Wilson Quotes

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

Americans feel squeezed between prices that are rising and wages which are not.

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.

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

Inflation outstripped real wages for people who work for pay from others.

The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.

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.

Where the minimum wage would be if it tracked the changing incomes of the top 1 percent: $22.62

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

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.

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.

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 minimum wage is something that F.D.R. put in place a long time ago during the Great Depression. I don't think it worked then. It didn't solve any problems then and it hasn't solved any problems in 50 years.

living wage

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

The average household income has really stagnated since 1971.

Increasing minimum wage doesn't build a stronger economy.

I certainly think it's really important that folks in the metropolitan area be able to meet the increased cost of living.

Even if we raised the minimum wage to $15 an hour, it's still hard to prosper on that wage.

Of course you've got a low unemployment rate when people have got to work two and three jobs just to make ends meet.

Inflation is essentially antidemocratic.

Compared to today's salaries, our cut was minuscule but it was very good for the time.

Political Freedom without economic equality is a pretense, a fraud, a lie; and the workers want no lying.

Certainly, we are hurt by the high fuel prices because it raises our cost.

It's really Democrats who are fighting for working families and small businesses and trying to address the biggest problems that we have, which are huge disparities in incomes and wealth and money influencing the Democratic process.