Cost of Living Increase Quotes

If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.

A nickel ain't worth a dime anymore.

An industrialist's answer [to inflation] is to charge more for his product to the public, never to cut his own profits. Labor's answer is even more natural. Since the worker would have to change his entire mode of life, labor asks for higher wages to cover the higher expenses.

Although most Americans apparently loathe inflation, Yale economists have argued that a little inflation may be necessary to grease the wheels of the labor market and enable efficiency-enhancing changes in relative pay to occur without requiring nominal wage cuts by workers.

While prices of goods continue to rise, American worker's wages remain stagnant.

The price of gold was fixed at $35 an ounce in 1934, but by the time the U.S. got through the Korean War, the Vietnam war, with all the associated secular inflation, the price level had gone up nearly three times.

People have less health care and less retirement benefits than they had 10 years ago.

Policies aimed at reversing globalization will lead only to a decrease in real income as goods become more expensive.

Between stagnant wages and the cost of everything going up - particularly health care and college tuition - people have less money to save and less money to spend.

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

The cost of a university education is risen faster than the rate of inflation for decades.

Yes, prices go up in health care. They have been doing so for 80 straight years.

Right now, America's middle class is struggling to meet their basic needs.

Here is my general approach to the energy companies. You have already charged the utilities a 50 percent credit penalty for the power they were buying from you. You're charging us a penalty. You're not going to get two bites of the apple here.

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.

Huge numbers of people in London depend on their cars. Fuel duty is becoming a big factor in people's cost of living. I believe in trying to ease these burdens.

I always am a firm believer in you compensate people for their job, and so I did give them bonuses. We accomplished a lot in Congress, we passed health care reform. There were threats against their lives; they had a tough two years. They'd forgone any cost-of-living increase or any bonus before.

Middle-income wage earners have essentially had no pay increases since 2000.

It must be awfully frustrating to get a small raise at work and then have it all eaten by a higher cost of commuting.

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

We know that inflation distorts economic behavior. In the 1970s, a combination of high tax rates and inflation prompted investors to flee production in favor of protection.

It now costs more to amuse a child than it once did to educate his father.

Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.

In the richest country in the history of the world, this Obama economy has crushed the middle class. Family income has fallen by $4,000, but health insurance premiums are higher, food prices are higher, utility bills are higher, and gasoline prices have doubled. Today more Americans wake up in poverty than ever before.

I remember New York in the '80s as a place with vacant lots that would eventually give over to nature. Weeds would grow up, squirrels would move in. That entropy is gone now. It's too expensive to let a vacant lot go natural.