Success is not a harbor but a voyage with its own perils to the spirit. The game of life is to come up a winner, to be a success, or to achieve what we set out to do.
Richard M. NixonSharp 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. Nixon