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. NixonIf 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.
Richard M. NixonThe 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.
Richard M. NixonI don't think a woman should be in any government job whatever. I mean, I really don't. The reason why I do is mainly because they are erratic and emotional.
Richard M. NixonIf you are ever going to lie, you go to jail for the lie rather than the crime. So believe me, don't ever lie.
Richard M. Nixon