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Our incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip.
In the 40 years I've been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality... Asset markets are in the sky, and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up.
I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.
People who identify themselves as conservatives donate money to charity more often than people who identify themselves as liberals. They donate more money and a higher percentage of their incomes.
Equal pay isn't just a women's issue; when women get equal pay, their family incomes rise and the whole family benefits.
At a time when the GOP is playing games with the debt limit, a member of the Supreme Court is refusing to recuse himself from matters he has a financial interest in, and middle class incomes are stagnant, many want to change the subject. I don't. This was a prank, and a silly one. I'm focused on my work.
What is a danger is that we stay stuck in a new normal where unemployment rates stay high, people who have jobs see their incomes go up, businesses make big profits. But they're learned to do more with less, and so they don't hire.
Our incomes should be like our shoes; if too small, they will gall and pinch us; but if too large, they will cause us to stumble and to trip.
Charles Caleb Colton
Poverty is multidimensional. It extends beyond money incomes to education, health care, political participation and advancement of one's own culture and social organisation.
Atal Bihari Vajpayee
Most high-income people in our country do not realize that their incomes are being subsidized by their protection from competition from highly skilled people who are prevented from immigrating to the United States. But we need such skills in order to staff our productive economy, so that the standard of living for Americans as a whole can grow.
People with lower incomes tend to give a greater percentage of their incomes to help others and show greater empathy and compassion - perhaps because they know they might face the same circumstances.
The argument of socialists, that people really want to share, beyond a reasonable level of charity, is rubbish, though it is espoused by a lot of rich, pious hypocrites who want to share only enough to avoid widespread starvation, mob violence, and government seizure of more of their incomes.
The philosophical point is that our happiness and wellbeing is not based on incomes rising. This is not just the wisdom of sages but of ordinary people. Prosperity is more social and psychological: it's about identification, affiliation, participation in society and a sense of purpose.
I will not accept a new wave of fiscal retrenchment, of belt-tightening, without asking people at the top to make their contribution, to make an additional contribution. I don't think you can ask people on middle and low incomes, who, after all, are the vast majority of the British population, to bear the brunt of this adjustment.
It's all very well for us to sit here in the West with our high incomes and cushy lives, and say it's immoral to violate the sovereignty of another state. But if the effect of that is to bring people in that country economic and political freedom, to raise their standard of living, to increase their life expectancy, then don't rule it out.
Proponents of the Central America Free Trade Agreement have conveniently ignored this fundamental fact: the effect of trade on incomes in Central America and how to alleviate the adverse consequences of trade liberalization on the poor.
Stephen F. Lynch
Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
You have to let the market reward effort and skill. But a system in which inequality of incomes constantly increases over time is worrisome.
As long as women are in the work force making their own money and decisions, men are going to have to realize that this way of life is here to stay - because it takes two incomes to make it and more now. The sooner you address your style of saving and spending with your mate the better off your relationship will be.
American businesses and upper incomes pay a larger portion of the federal taxes of our national taxes than any country in the world.
There is nothing inherently fair about equalizing incomes. If the government penalizes you for working harder than somebody else, that is unfair. If you save your money but retire with the same pension as a free-spending neighbor, that is also unfair.
Arthur C. Brooks
This is an exciting time for farmers and ranchers of all types and sizes as agriculture is a bright spot in the American economy. In 2011, agricultural exports hit a record high and producers saw their best incomes in nearly 40 years.
The bottom line is there are lots of problems that were not created by government. The biggest one is loss of middle class incomes, loss of good-paying jobs which was created by technology and globalization. Above all, when you can move a job to China or India, it reduces wages.
When incomes and bonuses decrease, revenues falter, and businesses stumble, it's more important than ever to give - not necessarily more, but in a way that matters more. When incomes are down and wallets are stretched, the effectiveness of our giving is what really counts.
We will be returning to historical levels of inequality. We'll view post-war America as a kind of strange interlude not to be repeated. It won't be the dreams that we all had that virtually all incomes go up in lockstep at three percent a year. It hurts to give that up.
I worry that some politicians still think we are living in the 1950s where the man is the main breadwinner and the woman works for pin money. Actually, most families where there are two parents depend on two incomes to get by.
A. P. J. Abdul Kalam
Leonardo da Vinci
Martin Luther King, Jr.
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One sees great things from the valley; only small things from the peak.
Gilbert K. Chesterton
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