Cost of Living Adjustment Quotes

Under the guise of fighting inflation, COLA actually creates it.

I grew up working for the minimum wage at Hardee's and knows first hand how important the minimum wage is. I support a state based minimum wage so every state can set their own minimum wage based on their cost of living.

And so we said to General Motors that the solution had to be a first year increase, which had to be sizeable because we had to catch up with the lost position as against the cost of living and we had to make some progress.

The cost of living has gone up another dollar a quart.

Well, first of all the Dominion Bureau of Statistics made a survey in the spring of 1970, which showed that on balance the difference in the cost of living between Canadian cities and American cities was 5 % to the advantage, of course, to the Canadian cities.

We're charging what we're worth and we don't think we're worth $22.50. We take a lower cut than Pearl Jam.

Inflation was driven by higher labor costs, not higher goods costs. Frankly, I'd love to see a little bit of that. Because I'd love to pay people more. I'd love to see rising wages for everybody.

Have transfer prices in England surprised me? No. Are the prices over-inflated? Yes. But there is no surprise now.

Now, wages in the automobile industry are made up of two components, what we call base rates and the cost of living factor which is fed in by the operation of the escalator.

If I were in charge of the government, I would index the minimum wage to inflation, so that way, everybody knows what they can count on.

If I could afford to live in London I would.

I'm against means-testing. I think when people pay into it, it's a trust, they ought to get it back. And I believe the benefits should keep up with inflation.

I am pretty sure central banks will continue to print money, and the standards of living for people in the western world, not just in America, will continue to decline because the cost of living increases will exceed income. The cost of living will also go up because all kinds of taxes will increase.

The impact of low interest rates is broad and deep. Many Americans rely on interest income from their savings to help cover their cost of living.

We have been restraining the growth of the cost of education-that is, tuition, room and board-to be within approximately one and a half percentage points of the consumer price index.

I've come to the conclusion that the government needs to impose price controls on tuition increases - and so, I think, has President Obama.

Last year, I was proud to be an original co-sponsor of legislation that would increase federal judges' salaries by more than 40 percent. It also built in a cost of living adjustment, so the Judicial Branch would not be dependent on the Legislative Branch for increases each year.

Retirement shouldn't be making the choice between buying much-needed medication or putting food on the table; making the choice between heating an apartment in the cold winter months or paying rent; making the choice between paying a phone bill or seeing a doctor.

No one should be so naive as to think that wages among organized groups will not be increased, under pressure if necessary, to make up for increases in the cost-of-living, nor should anyone ordinarily object to such adjustments.

Advice? Look at your pay statements.

The President's policy proposal, known as 'chained CPI,' would re-calculate the cost of living for Social Security beneficiaries. That new number won't keep up with inflation on things like food and health care -- the basics that we need to live. In short, 'chained CPI' is just a fancy way to say 'cut benefits for seniors, the permanently disabled, and orphans.'

Let our government …make one more effort to secure freely from organizations of employees and employers alike, co-operation in keeping our money sound and our prices stable.

From December 2007 through June 2009, average federal employee salaries increased by 6.6 percent, while average private-sector salaries increased by 3.9 percent.

There is no such thing as a riskless hedge against inflation.