Martin O'Malley Quotes

There are 20 million unemployed and what does the Constitution offer us in the Europe of 25, 27 and soon to be 30: policies of unrestricted competition to the detriment of production, wages, research and innovation.

In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.

Not only our future economic soundness but the very soundness of our democratic institutions depends on the determination of our government to give employment to idle men.

If workmen become scarce, the manufacturer gives higher wages, but at first requires an encrease of labour; and this is willingly submitted to by the artisan, who can now eat and drink better, to compensate his additional toil and fatigue.

… employers use newcomers [illegal immigrants] to drive down wages because they are … in the shadows.

The proletariat is that class in society which lives entirely from the sale of its labor and does not draw profit from any kind of capital; whose weal and woe, whose life and death, whose sole existence depends on the demand for labor – hence, on the changing state of business, on the vagaries of unbridled competition.

We have faster growth rates for low wage industries than for high wage industries

With every increase in the power of production, consumption grew, and the labourer received larger returns for his labour, producing a tendency to immigration.

How will we deal with a world where leisure is abundant and there aren't enough good-paying jobs to go around? To meet this political and economic meta-challenge, the hot new idea is the universal basic income — using some of the wealth generated by all this new technology to guarantee everyone a baseline income, whether they are working or not.

… immigration reduces the wages of domestic workers who compete with immigrants. That’s just supply and demand: we’re talking about large increases in the number of low-skill workers relative to other inputs into production, so it’s inevitable that this means a fall in wages.

The issue most on Hoosiers' minds is job creation, job retention, and household income.

If we get a tax system that is competitive, we will hire people. When you hire people, you have to compete for labor. When you compete for labor, you drive wages.

Illinois will only get economically healthy if we stop focusing on growing minimum wages and start focusing on growing everyone's wages.

In the 1950s and 1960s, an explosion of great corporate jobs, together with a restricted supply of labor, produced healthy wage growth.

This is what the Democrats are fighting for. They're fighting for you not to have a job and still have health care so you can pursue your entrepreneurial risk of writing, painting, taking pictures. It's just such a pain in the rear end to have to have a job. It's so damn mean of this country to require people to have a job. It stifles people. It stifles creativity and economic growth to require people to have a job, to have health care. What a country. Man, are we horribly rotten mean to people.

There is much in American society which I admire, but I have long held the view that the absence of an effective safety net in that country means that too many needy citizens fall by the wayside. That is not the path that Australia will tread. Nor do we want the burdens of nanny state paternalism that now weigh down many economies in Europe.

Full employment does not mean literally no unemployment; that is to say, it does not mean that every man and woman in the country who is fit and free for work is employed productively every day of his or her working life ... Full employment means that unemployment is reduced to short intervals of standing by, with the certainty that very soon one will be wanted in one's old job again or will be wanted in a new job that is within one's powers.

Good, healthy democratic societies are built on three pillars: there's peace and stability, economic development, and respect for rule of law and human rights. But often, we take stability - peace in terms of security and economic activity - to mean a country is doing well. We forget the third and important pillar of rule of law and respect for human rights, because no country can long remain prosperous without that third pillar.

Great old books of the great old authors are not in everybody's reach; and though it is better to know them thoroughly than to know them only here and there, yet it is a good work to give a little to those who have neither time nor means to get his own belief.

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment.

Anyone who has entered the United States illegally is subject to deportation. That is what it means to have laws and to have a country. Otherwise we don't have a country.

I am totally in favor of trade. But I want trade deals for our country that create more jobs and higher wages for American workers.

Often, we take stability - peace in terms of security and economic activity - to mean a country is doing well. We forget the third and important pillar of rule of law and respect for human rights, because no country can long remain prosperous without that third pillar.

I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.

The idea that high wages equals low employment, it's absurd.