Those who advocate devaluation are calling for a reduction in the wage levels and the real wage standards of every member of the working class. (James Callaghan)

Those who advocate devaluation are calling for a reduction in the wage levels and the real wage standards of every member of the working class.

James Callaghan

Related topics

advocate calling class member real reduction wage working devaluation

Related quotes

Democrats have to figure out why the white working class just voted overwhelmingly against its own economic interests, not pretend that a bit more populism would solve the problem. View quote
Paul Krugman
...the principles of political economy have elevated the working class above the place they ever filled before. View quote
Richard Cobden
Most poor people earn more than minimum wage when they are working; their problem is not low wages. The problem comes when they are not working. View quote
Joseph Stiglitz
If they want to hang me, let them. And on the scaffold I would shout, 'Freedom for the working class! View quote
Mary Harris Jones
I am an advocate of having a gold dollar with Reagan's picture on it, and calling it the Ronnie. The Canadians have the Loonie, and we can have the Ronnie. View quote
Trent Lott