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Minimum Wage Quote of the day
I heard Russell Simmons say that, 'people have million dollar dreams with a minimum wage work ethic.' Basically, everybody wanna be rich but don't nobody wanna work for it.
The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. At the least, this requires stronger unions and a higher minimum wage.
I was making almost minimum wage on 'The Young and the Restless.' But it was my first job, so I accepted my first quote. I had a great time on it, and it obviously led me to better things.
So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.
Radical thought has inspired many of the great political and social reform movements in American history, from ending slavery to establishing the minimum wage.
The typical minimum wage earner is a provider and a breadwinner - most likely a woman - responsible for paying bills, running a household and raising children.
I was at the forefront of the effort to pass $15 minimum wage in Seattle, and have been collaborating with the people who are trying to make that happen across the country.
The liberal paradigm of regulation and license has led to a society where an 18-year-old girl has the right to public fornication in a pornographic movie - but only if she is paid the minimum wage.
At the current $5.15 an hour, the federal minimum wage has become a poverty wage. A full-time worker with one child lives below the official poverty line.
Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about workers as customers to be cultivated.
By the end of the first month of the 1995 session, each senator will have made more money than any person who works 40 hours a week at minimum wage for the entire year.
The real tragedy of minimum wage laws is that they are supported by well-meaning groups who want to reduce poverty. But the people who are hurt most by higher minimums are the most poverty stricken.
Literally, if we took away the minimum wage - if conceivably it was gone - we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level.
I remember the $0.05 hamburger and a $0.40-per-hour minimum wage, so I've seen a tremendous amount of inflation in my lifetime. Did it ruin the investment climate? I think not.
Anyone who's tried to pay a heating bill, fill a prescription, or simply buy groceries knows all too well that the current minimum wage does not cut the mustard.
Raising the minimum wage a lot across the board would make a big difference. It's not the only thing, but it's an indispensable part of solving the problem.
The total amount of money that Wall Street handed out in bonuses last year was double the total income of ALL full-time minimum wage workers. That's obscene.
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.