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An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages.
[We need] to choose immigrants based on merit. Merit, skill, and proficiency. Doesn’t that sound nice? And to establish new immigration controls to boost wages and to ensure that open jobs are offered to American workers first.
All wages are based primarily on productive power. Anything else would be charity.
No business which depends for existence on paying less than living wages to its workers has any right to continue in this country… By living wages I mean more than a bare subsistence level – I mean the wages of decent living.
The best of wages will not compensate for excessively long working hours which undermine heath.
In general foreign invested companies who come to America to start a company, to open a manufacturing business or whatnot, they actually provide much higher wages than American companies.
Reduce the supply of black labor by colonizing the black laborer out of the country, and by precisely so much you increase the demand for and wages of white labor.
Do what you like to do so well that someone will pay you wages for it.
Surely love is both work and wages.
When I started at 9, I was working with plaster. I worked with a florist. It was a little illegal for kids to work. They would give you tips because they couldn’t really give you wages.
Wages ought not to be insufficient to support a frugal and well-behaved wage-earner.
Parents are the hardest-working members of the population. But they do it for the highest wages. Kisses.
The idea that high wages equals low employment, it’s absurd.
Pay the laborer his wages before his sweat dries.
If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.
Back in the day, when the emperor or the king or whatever waged war, they went to war, too. But that’s been lost in time.
There is no way of keeping profits up but by keeping wages down.
It were depression, too. They cut my wages down once at the foundry. They cut my wages down again. Then they cut my wages out, also the job.
The factors left out of the Ricardian equation are falling wages and idle capacity.
Companies prefer to put money in the pockets of shareholders or to hoard cash rather than to raise wages or invest.
Nearly every study shows that competition from cheap foreign labor undercuts the wages of American workers and legal immigrants.
But no customer is going to buy based on their existing wage structure.
But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.
[Hillary] Clinton wants to raise taxes, raise wages and she wants to do things like put caps on drug prices.
A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.
Real median household incomes in the U.S. were basically the same in 1989 as in 2014. But we are also seeing similar challenges in the U.K. in the stagnation of real wages.
… a worker was seldom so much annoyed by what he got as by what he got in relation to his fellow workers.
Inflation usually helps the economy at large, but not the 1% if wages rise. So the 1% says that it is terrible.
If the economy is growing, people want to employ more workers. If you hire more labor, wages go up.
The farmer and manufacturer can no more live without profit than the labourer without wages.
A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits.
Superstition, idolatry, and hypocrisy have ample wages, but truth goes a begging.
You can have a wages policy imposed by mass unemployment.
What is concerning is that work in the informal sector is characterised by vulnerability, low wages and no rights. So it is not the way that we lift people out of poverty in Africa.
Our praises are our wages.