There may be some backward countries where the mass of the people are on a subsistence level and where, as an aftermath of wars or partial crop failures, the standard of living has to be drastically reduced, but this certainly is not the case in our prosperous nations.
More Quotes from Charles E. Wilson:
Costs of manufactured articles importantly depend on the cost of raw materials as well as labour.Charles E. Wilson
A study of the history of wages back through the years indicates clearly that when the cost-of-living rises appreciably wages have shortly been adjusted upward also.
Charles E. Wilson
Furthermore, there is no good ethical or economic reason for asking workmen and current producers to forego all economic gain in order to increase the purchasing power of all the wealth accumulated in past years.
Charles E. Wilson
A bigger bang for a buck.
Charles E. Wilson
What is good for the country is good for General Motors, and vise versa.
Charles E. Wilson
The prices of raw materials do not fluctuate directly with the labour cost of producing them.
Charles E. Wilson
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Based on Topics: Failure Quotes, People Quotes, War & Peace QuotesBased on Keywords: drastically, subsistence
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