#employment

Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker’s productivity worth that amount—and, if it is not, that worker is unlikely to be employed. ↗

— Thomas Sowell

#jobs #minimum-wage #economy

Let me just try to give you sort of the intuitive one here on the stimulus funds. If you have a two-person economy - let's imagine we have two farms, and that's the whole world, just two farms. If one of those farmers gets unemployment benefits, who do you think pays for him? Am I going way over your heads today? ↗

— Arthur Laffer

#benefits #economy #farmers #farms #funds

The minimum wage is the black teenage unemployment act. It is the guaranteed way of holding the poor, the minorities and the disenfranchised out of the mainstream is if you price their original services too high. ↗

— Arthur Laffer

#black #disenfranchised #guaranteed #high #holding

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money. ↗

— Arthur Laffer

#amount #because #dollars #except #fact

...the pleasantness of an employment does not always evince its propriety. ↗

— Jane Austen

#behavior #employment #enjoyment #manners #propriety

Our nation stands at the crossroads of liberty. Crushing national debt, rampant illegal immigration, insane business regulations and staggering national unemployment are pushing our nation into unchartered territory. ↗

— James Lankford

#crossroads #crushing #debt #illegal #illegal immigration

Unionization, as opposed to communism, presupposes the relation of employment; it is based upon the wage system and it recognizes fully and unreservedly the institution of private property and the right to investment profit. ↗

— John L. Lewis

#communism #employment #fully #institution #investment

No president has ever been elected with unemployment over 8 percent. ↗

— Bob McDonnell

#elected #ever #over #percent #president

I had to think ahead. How much would I really enjoy committing five or seven years to working on this? When you're an unemployed actor offered a TV pilot, no matter who you are you're tempted by the good hunk of change to be made. It keeps you out of the unemployment line. ↗

— Gerald McRaney

#ahead #change #committing #enjoy #five

It is a fact that, if I single out Germany, our rate of growth is too low and we have very high unemployment. ↗

— Angela Merkel

#germany #growth #high #high unemployment #i