Posts Tagged ‘mitt romney’

Mitt Romney: Wage Inflation

Posted by admin on Thursday, December 1, 2022

Meaning of Mitt Romney Money Quote: saying the minimum wage should see cost of living increases that match rates of inflation. Mitt Romney said:
 
I think the minimum wage ought to keep pace with inflation Quote
 

“I think the minimum wage ought to keep pace with inflation” — Mitt Romney

 

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In this quote, Mitt Romney expresses the view that the minimum wage should be adjusted periodically to account for inflation.

By saying it should “keep pace with inflation”, Romney appears to believe the minimum wage is intended to provide a basic living standard for low-income workers, and that standard erodes over time if the wage rate remains static while prices are rising.

The implication is that minimum wage should be indexed to inflation to prevent its buying power from gradually weakening.

Overall, this quote suggests Romney supports the minimum wage increasing automatically to maintain its real value and ensure full-time minimum wage workers can still afford basic necessities even as overall costs of living climb with inflation.

Mitt Romney: Clintons Are Crony Capitalism

Posted by admin on Sunday, March 6, 2016

Mitt Romney in a politics attack speech March 3 otherwise aimed at stopping Donald Trump, turned on Hillary Clinton to accuse her of political corruption. Mitt Romney said:
 
intersection of money and politics, trading their political influence to enrich their personal finances. They embody the term 'crony capitalism' Quote
 

“For the last three decades, the Clintons have lived at the intersection of money and politics, trading their political influence to enrich their personal finances. They embody the term ‘crony capitalism'” — Mitt Romney

 

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The quote “For the last three decades, the Clintons have lived at the intersection of money and politics” is significant because it suggests that the Clintons have been involved in a form of corruption known as “crony capitalism,” where political influence is used to enrich personal finances.

This is an accusation made by Mitt Romney in a political attack speech. It’s important to note that this is a subjective statement and not a proven fact.

Money Quotes Daily

Money Quotes Daily