"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."

People, Wages

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"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."

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Explore more quotes by Tim Bishop

"We need to send a clear message to gang members that violent crime will not be tolerated."

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"The residents and elected officials of Long Island have fought vigorously for many years and spent millions of dollars to preserve the quality of life that the Long Island Sound offers."

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"It seems to me morally a decent society will try to take some of the increased benefit and use that to alleviate the pain of the few who are bearing the cost that made it possible."

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"This administration and the leadership in Congress appear to be intent on valuing wealth over work, thereby placing working families at a distinct disadvantage."

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"Foreign trade clearly has been a reason why inflation has been low."

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"For a variety of reasons, we are not producing at a given level of economic activity the jobs we used to have."

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