Sharp increases in the minimum wage rate are also inflationary. Frequently workers paid more than the minimum gauge their wages relative to it. This is especially true of those workers who are paid by the hour. An increase in the minimum therefore increases their demands for higher wages in order to maintain their place in the structure of wages. And when the increase is as sharp as it is in H.R. 7935, the result is sure to be a fresh surge of inflation.
Richard M. NixonI don't think that a leader can control, to any great extent, his destiny. Very seldom can he step in and change the situation if the forces of history are running in another direction.
Richard M. NixonViolence or the threat of violence [must] never be permitted to influence the actions or judgments of the university community. Once it does, the community, almost by definition, ceases to be a university. It is for this reason that from time immemorial expulsion has been the primary instrument of university discipline.
Richard M. Nixon