Classy Quote logo
  • Home
  • Categories
  • Authors
  • Topics
  • Who said

Increasing Minimum Wage Quotes

Increasing Minimum Wage quote from classy quote

Exploitation. Now, there’s a word that has been scrubbed out of the poverty debate. 42 It is a word that speaks to the fact that poverty is not just a product of low incomes. It is also a product of extractive markets. Boosting poor people’s incomes by increasing the minimum wage or public benefits, say, is absolutely crucial. But not all of those extra dollars will stay in the pockets of the poor. Wage hikes are tempered if rents rise along with them, just as food stamps are worth less if groceries in the inner city cost more—and they do, as much as 40 percent more, by one estimate. 43 Poverty is two-faced—a matter of income and expenses, input and output—and in a world of exploitation, it will not be effectively ameliorated if we ignore this plain fact.

~ Matthew Desmond

Matthew Desmond Exploitation Increasing Minimum Wage Minimum Wage Poverty
  • Classy Quote

    ClassyQuote has been providing 500000+ famous quotes from 40000+ popular authors to our worldwide community.

  • Other Pages

    • About Us
    • Contact Us
    • Privacy Policy
    • Terms of Use
  • Our Products

    • Chrome Extention
    • Microsoft Edge Add-on
  • Follow Us

    • Facebook
    • Instagram
Copyright © 2025 ClassyQuote. All rights reserved.