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. NixonWhile might certainly does not make right, neither does right by itself make might.
Richard M. NixonA president can ask for reconciliation in the racial conflict that divides Americans. But reconciliation comes only from the hearts of people.
Richard M. NixonMost days I feel like the sole survivor of a shipwreck, rowing my paddleboat across a sea of people on waves made of an infinite array of hands and crests that reveal anonymous faces. On a good day, the clouds part to alight on-lo and behold-an island! I step ashore, only find that it too is made of people, mangled bodies somehow still alive. They grab at my feet, pulling me under like quicksand. The last thing I see before suffocating is the sky, a billion eyes staring down, blinking in undulating electric ripples. The cold rain I feel on my cheeks is the tears of the people.
Richard M. NixonIt is necessary for me to establish a winner image. Therefore, I have to beat somebody.
Richard M. Nixon