Adjustment Quote by Charles E. Wilson
“No one should be so naive as to think that wages among organized groups will not be increased, under pressure if necessary, to make up for increases in the cost-of-living, nor should anyone ordinarily object to such adjustments.”
About This Quote
Source Speech: Labor Relations Address, United States Department of Commerce, 1955
Wages should be adjusted to keep pace with living costs, especially for organized workers, and objections should be minimal.
In simple terms: Wages must rise with cost of living for organized workers.
Key Takeaway
Support fair wage adjustments.
Themes
labor economics
fairness
inflation
collective bargaining
Mood
concerned
pragmatic
Type
policy
economic
When to use this quote
- employment contracts
- inflation spikes
- government policy discussions
Key Concepts
wage policy
cost-of-living adjustments
union negotiations
Questions to Reflect On
- How can wage hikes be balanced with economic stability?
- What mechanisms ensure adjustments are fair?
A Different Perspective
Wage increases may strain budgets or cause inflationary pressure.
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