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.

If we succeed, it will not be because of what we have, but it will be because of what we are; not because of what we own, but, rather because of what we believe.

We will establish a new system that makes high-quality health care available to every American in a dignified manner and at a price he can afford.

The President wants me to argue that he is as powerful a monarch as Louis XIV, only four years at a time, and is not subject to the processes of any court in the land except the court of impeachment.

I had never expected that the China initiative would come to fruition in the form of a Ping-Pong team.

The bastards have never been bombed like they're going to be bombed this time.

Failure isn't falling down. Failure is not getting up after you have fallen down.