A four percent growth strategy means you fix a convoluted tax code. You get in and you change every aspect of regulations that are job killers. You get rid of Obamacare and replace it with something that doesn't suppress wages and kill jobs.
[I'm planning]for starters, build a permanent border wall between the US and Mexico that Mexico "must pay for". The plan proposes various sticks to force Mexico to cooperate, such as impounding all remittance payments to Mexico from illegal wages earned in the US.
Jesus said when the woman poured the alabaster bottle of perfume on him that was worth almost a year's wages, and Judas, who was very money-minded, said you shouldn't have done that, because you're wasting that, we could have sold that and given it to the poor. And Jesus himself said, you will always have the poor with you, but she has done this as an honor to me, and she will be honored for it all of her days. And so you never run out of poor people. You could give everything you had, I could give everything I had, and the world would still be full of poor people.
Germany cannot get out of the euro. What it has to do, therefore, is make the economy more flexible - to eliminate the restrictions on prices, on wages and on employment; in short, the regulations that keep 10 percent of the German workforce unemployed.
The problem is that, in a world of floating exchange rates, as Italy was before the euro, if one country is subjected to a shock which requires it to cut wages, it cannot do so with a modern kind of control and regulation system. It is much easier to do it by letting the exchange rate change. Only one price has to change, instead of many.
I don't give a damn what queers do, and don't give a damn what Christians do. Just get the hell out of my way because I want to live my life and I don't want the government sucking 60% of my wages off my ass.
The economy is a ponzi scheme. People are working harder than they ever have for less wages, but we have so many bobbles because manufacturing has come up so quickly over the past hundred years that people have the illusion of wealth.
Hospitals are closing across the country due to the burden of illegal immigration, college students find that summer jobs have dried up due to illegal immigration, and wages across the board are depressed by the overwhelming influx of cheap and illegal labor.
Many of my students assume that government protection is the only thing ensuring decent wages for most American workers. But basic economics shows that competition between employers for workers can be very effective at preventing businesses from misbehaving.
What does it say about a president's policies when he has to use a cartoon character rather than real people to justify his record?
What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.
In raising the price of commodities, the rise of wages operates in the same manner as simple interest does in the accumulation of debt. Our merchants and master manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods, both at home and abroad. They say nothing concerning the bad effects of high profits; they are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.
The more civilized a nation, the more conformed its population, until that civilization's last age arrives, when multiplicity wages war with conformity. The former grows ever wilder, ever more dysfunctional in its extremities; whilst the latter seeks to increase its measure of control, until such efforts acquire diabolical tyranny.' - Traveller
A journalist is the lookout on the bridge of the ship of state. He notes the passing sail, the little things of interest that dot the horizon in fine weather. He reports the drifting castaway whom the ship can save. He peers through fog and storm to give warning of dangers ahead. He is not thinking of his wages or of the profits of his owners. He is there to watch over the safety and the welfare of the people who trust him.
I live in the same house I purchased in 1971 for $22,500. I think we need to increase the minimum wage and so all my neighbors can get an increase in their wages.
I believe employers should be aware that employees who earn under $10 an hour cannot lead an independent life. But I do not believe that government should dictate wages. We have seen this fail in Socialist and Communist countries. It will do irreparable harm.
Raising minimum wage doesn't just benefit the workers behind me, it creates a proven ripple effect that increases wages all the way up the scale. ... Let's get the facts straight, only 20 percent of people making the minimum wage are teenagers. The rest are hardworking adults, many of them with families, and I mean hardworking.
Somebody told me ... that he overheard a banker's wife saying her husband was working for free this year-this was 2009. What she meant was, he was just getting his basic salary of £300,000, and no bonus. Their sense of entitlement is, in the proper sense of the word, psychotic.
The key thing that went wrong was that a culture was allowed to develop where the relationship between what people did and what they got went way out of alignment, especially at the top end.
The income men derive from producing things of slight consequence is of great consequence. The production reflects the low marginal utility of the goods to society. The income reflects the high total utility of a livelihood to a person.
The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour.
All wages are based primarily on productive power. Anything else would be charity.
When a man says he wants to work, what he means is that he wants wages.
It is but a truism that labor is most productive where its wages are largest. Poorly paid labor is inefficient labor, the world over.
Economy: cutting down other people's wages.
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