Guaranteeing equal pay won't just increase paychecks for women – it will boost family budgets and get incomes rising across the board. And I don't understand why Trump's against that. Paid family leave won't only make life easier for Moms and Dads – it will also keep skilled, talented Americans in the workforce and grow our economy. That's why every other advanced country already has it. Again, he's against it. Raising the federal minimum wage won't just put more money in the pockets of low-income families – it also means they will spend more at the businesses in their neighborhoods. Trump's against that as well. ... And protecting and expanding Social Security doesn't just help older Americans retire with dignity – it helps to ease burdens on families and communities. And I also believe the same thing about comprehensive immigration reform.
Hillary ClintonRelated topics
across believe board boost comprehensive country dignity ease easy economy equal family federal help women immigration increase leave life minimum money pay raising reform retire rising security social spend thing wage well means workforce momsRelated quotes
I do have the toughest, most comprehensive plan to go after Wall Street. And not just the big banks, all the other financial interests that pose a threat to our economy. And I have said no bank is too big to fail and no executive is too powerful to jail, and I will use the powers that have now been passed by the Congress, by President Obama, who, incidentally, took a lot of money from Wall Street, which didn't stop him from signing into law the toughest regulations on the financial industry since the Great Depression. There are a lot of different powerful interests in Washington. I've taken them on. I took on the drug companies. I took on the insurance companies. Before there was something called Obamacare, there was something called Hillarycare, and I worked really hard to get comprehensive health care reform.
Hillary Clinton
Keynes didn't make an all-out assault on Economic Man, but he often resorted to plausible psychological theorizing rather than careful analysis of what a rational decision-maker would do. Business decisions were driven by "animal spirits,” consumer decisions by a psychological tendency to spend some but not all of any increase in income, wage settlements by a sense of fairness, and so on.
But was it really a good idea to diminish the role of Economic Man that much? No, said Friedman, who argued in his 1953 essay "The Methodology of Positive Economics” that economic theories should be judged not by their psychological realism but by their ability to predict behavior. And Friedman's two greatest triumphs as an economic theorist came from applying the hypothesis of rational behavior to questions other economists had thought beyond its reach.
Paul Krugman
Labor is a commodity, like any other, and its price is therefore determined by exactly the same laws that apply to other commodities. In a regime of big industry or of free competition – as we shall see, the two come to the same thing – the price of a commodity is, on the average, always equal to its cost of production. Hence, the price of labor is also equal to the cost of production of labor. But, the costs of production of labor consist of precisely the quantity of means of subsistence necessary to enable the worker to continue working, and to prevent the working class from dying out. The worker will therefore get no more for his labor than is necessary for this purpose; the price of labor, or the wage, will, in other words, be the lowest, the minimum, required for the maintenance of life.
Friedrich Engels
We have entered a time of global transition marked by uniquely contradictory trends. Regional and continental associations of States are evolving ways to deepen cooperation and ease some of the contentious characteristics of sovereign and nationalistic rivalries. National boundaries are blurred by advanced communications and global commerce, and by the decisions of States to yield some sovereign prerogatives to larger, common political associations. At the same time, however, fierce new assertions of nationalism and sovereignty spring up, and the cohesion of States is threatened by brutal ethnic, religious, social, cultural or linguistic strife. Social peace is challenged on the one hand by new assertions of discrimination and exclusion and, on the other, by acts of terrorism seeking to undermine evolution and change through democratic means.
Boutros Boutros-Ghali
The rights of all private property owners, even those whose actions decent people find abhorrent, must be respected if we are to maintain a free society... Federal bureaucrats and judges cannot read minds to see if actions are motivated by racism. Therefore, the only way the federal government could ensure an employer was not violating the Civil Rights Act of 1964 was to ensure that the racial composition of a business's workforce matched the racial composition of a bureaucrat or judge's defined body of potential employees... Racial quotas have not contributed to racial harmony or advanced the goal of a color-blind society. Instead, these quotas encouraged racial balkanization, and fostered racial strife... Relations between the races have improved despite, not because of, the 1964 Civil Rights Act.
Ron Paul
