Quotes & Sayings About Wage Inequality

The essence of economic inequality is borne out in a simple fact: there are 400 billionaires in the United States and 45 million people living in poverty. These are not parallel facts; they are intersecting facts. There are 400 American billionaires because there are 45 million people living in poverty. Profit comes at the expense of the living wage. Corporate executives, university presidents, and capitalists in general are living the good life--because so many others are living a life of hardship. — Keeanga-Yamahtta Taylor

Goldin and Katz have no doubt that increased wage inequality in the United States is due to a failure to invest sufficiently in higher education. More precisely, too many people failed to receive the necessary training, in part because families could not afford the high cost of tuition. In order to reverse this trend, they conclude, the United States should invest heavily in education so that as many people as possible can attend college. — Thomas Piketty

Motherhood is a greater predictor of wage inequality than gender is. It's enormous. — Anne-Marie Slaughter

We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country. — Alan Greenspan

Talk about a group that is REALLY suffering, it's women in America. To be a woman in America is just to live under this sword of wage inequality. Ask her in 20 years from now, "Patricia Arquette, you had the chance to talk to millions of people in over 100 countries. What did you decide to talk about? With women being traded as sex slaves in the tens of thousands under Islamic rule, in Africa and the middle East, and WHAT did you decide to talk about?"
Wage inequality in America.
You're a moral fool.
If in fact women really got 77 cents to the dollar, why would any employer hire men? If I can get the exact same work and save almost 25%, you would have to be an idiot to hire a man!
It's all nonsense. It's all a lie. — Dennis Prager

Inequalities at the bottom of the US wage distribution have closely followed the evolution of thee minimum wage: the gap between the bottom 10 percent of the wage distribution and the overall average wage widened significantly in the 1980s, then narrowed in the 1990s, and finally increased again in the 2000s. Nevertheless, inequalities at the top of the distribution - for example, the share of total wages going to the top 10 percent -- increased steadily throughout this period. Clearly, the minimum wage has an impact at the bottom of the distribution but much less influence at the top, where other forces are at work. — Thomas Piketty

Why do we still cling to the intellectually retarded notion that liberty can be obtained, maintained, or lost at the end of a gun barrel? When you're working 3 minimum wage jobs to make the minimum payment on a pair of socks you bought 12 years ago because your credit card company slapped you with an interest rate that would make a loan shark holler WTF! ... well, no one needs to hold a gun to your head. Your ass has already been sold down the river. — Quentin R. Bufogle

Capitalism cannot be reduced to one or a few features, but it does possess one relationship, central to its existence and operation, that constitutes the essence of inequality and ineradicable instability: the wage-labor-capital connection that dwells at the heart of the system. — Herbert Schiller

Income inequality and wage stagnation finally took their place among the principal moral issues of our time. — David Rolf

President Obama believes that income inequality is one of the most pressing matters facing the nation. If we are going to be a country that provides ladders of opportunity and believes in a thriving middle class, then we have to raise the minimum wage. — Thomas Perez

Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage pricing mechanism. In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals. Eliminating such restrictions would reduce at least some of the income inequality. — Alan Greenspan