a moment of clarity.
words.
"Objection: Once you add in public assistance and tax credits, $9 an hour is plenty, and business could survive that.
“Do not let any calamity-howling executive with an income of $1,000 a day, who has been turning his employees over to the Government relief rolls in order to preserve his company’s undistributed reserves, tell you – using his stockholders’ money to pay the postage for his personal opinions — tell you that a wage of $11.00 a week is going to have a disastrous effect on all American industry.” (1938, Fireside Chat, the night before signing the Fair Labor Standards Act that instituted the federal minimum wage)"
THE NEW YORK TIMES: F.D.R. Makes the Case for the Minimum Wage
No comments:
Post a Comment