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 see the face of a child. He lives in a great city. He is black. Or he is white. He is Mexican, Italian, Polish. None of that matters. What matters, he's an American child.
Richard M. NixonWe have been through, over these years, some difficult times. During the period that I have served as President of the United States, we have been through some difficult times together, and I can only say that the friendship that we have for this nation, the respect and the admiration we have for the people of this nation, their courage, their tenacity, their firmness in the face of very great odds, is one that makes us proud to stand with Israel, as we have in the past in times of trouble, and now to work with Israel in a better time, a time that we trust will be a time of peace.
Richard M. NixonWe can no longer afford to consider air and water common property, free to be abused by anyone without regard to the consequences. Instead, we should begin now to treat them as scarce resources, which we are no more free to contaminate than we are free to throw garbage into our neighbor's yard.
Richard M. Nixon