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If increasing income equality is the goal, it might be wiser to put money into infrastructure than to subsidize manufacturing. Construction also pays good wages, but with lower educational requirements. And America's infrastructure needs are enormous.
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.
Inflation outstripped real wages for people who work for pay from others.
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.
No one should be so naive as to think that wages among organized groups will not be increased, under pressure if necessary, to make up for increases in the cost-of-living, nor should anyone ordinarily object to such adjustments.
Charles E. Wilson
Social-enterprise employees earn wages and pay taxes, reducing their recidivism rates and dependence on government assistance. They also receive crucial on-the-job training, job-readiness skills, literacy instruction and, if necessary, the counseling and mental-health services they need to move into the mainstream workforce.
George R. Roberts
It is fatal for any body of workers to have forever hanging from the fringes of its skirts other bodies on a level just below its own; for that means continual pressure downward, additional difficulty to be overcome in the struggle to maintain reasonable rates of wages.
For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.
The cognitive skills prized by the American educational establishment and measured by achievement tests are only part of what is required for success in life. Character skills are equally important determinants of wages, education, health and many other significant aspects of flourishing lives.
I can be the most skilled person in the world, but if everyone else at my firm lacks skills, my employer is going to find it more difficult to introduce new technology, new production techniques. So as a result, my employer is going to be less productive. They will not be able to afford to pay me as good wages.
Timothy J. Bartik
Most of the slaves, who were thus unconditionally freed, returned without any solicitation to their former masters, to serve them, at stated wages; as free men. The work, which they now did, was found to better done than before.
I think that wealthy white people would like to have a country that resembles the Fifties, when all the minorities were tucked away in ghettos and paid in very low wages but on the surface it was very bright and shiny and free and the rest of the world would look on it longingly.
Certainly other things we can do, we gotta promote after-school employment, give kids an opportunity, raising the minimum wage was part of that, we can't expect that young people are going to feel they can make a living out there for such low wages.
The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.
When taxpayers are subsidizing low wages, people should be aware of that. We're subsidizing an economy. We're not subsidizing people. They are doing a hard day's work. When we're not rewarding work actively, there's something wrong with the system.
The issue isn't just jobs. Even slaves had jobs. The issue is wages.
Ministers have received their wages, and some have their minds too much on their wages. They labor for wages, and lose sight of the sacredness and importance of the work.
Ellen G. White
Public employees should have the right to bargain for better wages and working conditions, just like all employees do.
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.
Uncontrolled, mass immigration displaces British workers, forces people onto benefits, and suppresses wages for the low-paid.
Higher productivity enables companies to increase sales without adding workers. Even if job markets tighten and wages rise, corporate profits can continue to climb as long as worker productivity is growing faster than overall wages.
Economies are risky. Some industries rise, and others implode, like housing. Some places get richer, and others drop, like Atlantic City. Some people get new jobs that pay better, many lose their jobs or their wages.
When you hire good people, and you provide good jobs and good wages and a career, good things are going to happen.
There are lots of reasons for that gap between men's and women's wages but to me, the big one is the work-family issue. Trying to juggle children and a job is tough under any circumstances, but especially if you're shooting for the kind of career that involves long hours at work and being on call 24-7.
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.
Martin Luther King, Jr.
John F. Kennedy
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