If every other store in town is paying workers $9 an hour, one offering $8 will find it hard to hire anyone - perhaps not when unemployment is high, but certainly in normal times. Robust competition is a powerful force helping to ensure that workers are paid what they contribute to their employers' bottom lines.
Christina RomerRelated topics
anyone bottom competition find force hard helping high hire hour normal offering pay paying perhaps store times town unemployment linesRelated quotes
The skills and productivity of American Workers, not to mention the taxes they pay, are the greatest economic resource our country has. To condemn large numbers of them to unemployment, to deprive the Treasury of their tax contributions and to force them to live on unemployment at public expense is the most expensive luxury any society ever chose to buy.
Lane Kirkland
The bottom line for mathematicians is that the architecture has to be right. In all the mathematics that I did, the essential point was to find the right architecture. It's like building a bridge. Once the main lines of the structure are right, then the details miraculously fit. The problem is the overall design.
Freeman Dyson
Vending machines are a big part of my life. I like when you reach into the vending machine to grab your candy bar and that flap goes up to block you from reaching up. That's a good invention. Before then it was hard times for the vending machine owners, "What candy bar are you getting?", "That one... and every one on the bottom row!"
Mitch Hedberg
It seems hard for the American people to believe that anything could be more exciting than the times themselves. What we read daily and view on the TV has thrust imagined forms into the shadow. We are staggeringly rich in facts, in things, and perhaps, like the nouveau riche of other ages, we want our wealth faithfully reproduced by the artist.
Saul Bellow
