--- title: "Meaning & Key Takeaway of: That it is logical, fair and reasonable…" description: "\"That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods and services the employee must purchase in..." image: "https://sms4smile.com/quotes/i/ef1/charles-e-wilson-23915_daily_that-it-is-logical-fair-and-reasonable-t_2668123.jpg" --- # That it is logical, fair and reasonable to maintain the… ![“That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods and services the employee must purchase in his daily living.” quote by Charles E. Wilson](https://sms4smile.com/quotes/i/ef1/charles-e-wilson-23915_daily_that-it-is-logical-fair-and-reasonable-t_2668123.jpg) [Download](https://sms4smile.com/quotes/i/ef1/charles-e-wilson-23915_daily_that-it-is-logical-fair-and-reasonable-t_2668123.jpg) [Open image](https://sms4smile.com/quotes/i/ef1/charles-e-wilson-23915_daily_that-it-is-logical-fair-and-reasonable-t_2668123.jpg) > “That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods and services the employee must purchase in his daily living.” [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Advocates maintaining wages' purchasing power relative to essential goods and services. **In simple terms:** Wages should match living costs. Key Takeaway Protect real wages. Themes economics fairness labor Mood analytical pragmatic Type policy economic When to use this quote - policy drafting - salary negotiations Key Concepts inflation adjustment living standards Questions to Reflect On - How to balance wage stability with economic growth? - What mechanisms ensure fair purchasing power? A Different Perspective May ignore market dynamics and productivity. ★ ★ ★ ★ ★ No ratings yet [Daily](https://sms4smile.com/quotes/about/daily/) [Daily living](https://sms4smile.com/quotes/about/daily-living/) [Employee](https://sms4smile.com/quotes/about/employee/) [Employee Purchase](https://sms4smile.com/quotes/about/employee-purchase-2481398/) [Fair](https://sms4smile.com/quotes/about/fair/) [Fair Reasonable](https://sms4smile.com/quotes/about/fair-reasonable-2481399/) [Goods](https://sms4smile.com/quotes/about/goods/) [His](https://sms4smile.com/quotes/about/his/) [Hour](https://sms4smile.com/quotes/about/hour/) [Life](https://sms4smile.com/quotes/about/life/) [Living](https://sms4smile.com/quotes/about/living/) [Logical](https://sms4smile.com/quotes/about/logical/) [Maintain](https://sms4smile.com/quotes/about/maintain/) [Maintain Purchasing](https://sms4smile.com/quotes/about/maintain-purchasing-2481401/) [Must](https://sms4smile.com/quotes/about/must/) [Power](https://sms4smile.com/quotes/about/power/) [Purchase](https://sms4smile.com/quotes/about/purchase/) [Purchasing](https://sms4smile.com/quotes/about/purchasing/) [Purchasing power](https://sms4smile.com/quotes/about/purchasing-power/) [Reasonable](https://sms4smile.com/quotes/about/reasonable/) [Reasonable Maintain](https://sms4smile.com/quotes/about/reasonable-maintain-2481400/) [Services](https://sms4smile.com/quotes/about/services/) [Terms](https://sms4smile.com/quotes/about/terms/) [Work](https://sms4smile.com/quotes/about/work/) ## Related quotes > [The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power…](https://sms4smile.com/quotes/alfred-marshall/the-price-of-every-thing-rises-and-falls-from-time-to-time-and-place/) [Alfred Marshall](https://sms4smile.com/quotes/author/alfred-marshall/) > [Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.](https://sms4smile.com/quotes/bernard-baruch/increased-wages-higher-pensions-more-unemployment-insurance-all-are/) [Bernard Baruch](https://sms4smile.com/quotes/author/bernard-baruch/) > [“Our stores were selling only nine items, and they were buying only thirty-five or forty items with which to make the nine. So although…](https://sms4smile.com/quotes/ray-kroc/our-stores-were-selling-only-nine-items-and-they-were-buying-only/) [Ray Kroc](https://sms4smile.com/quotes/author/ray-kroc/) > [Exercise your purchasing power as a consumer, volunteer and bring joy to those in need, and share your experiences, tell your stories, and inspire…](https://sms4smile.com/quotes/blake-mycoskie/exercise-your-purchasing-power-as-a-consumer-volunteer-and-bring-joy/) [Blake Mycoskie](https://sms4smile.com/quotes/author/blake-mycoskie/) > [It is production that creates purchasing power, not the printing press!](https://sms4smile.com/quotes/peter-schiff/it-is-production-that-creates-purchasing-power-not-the-printing-press/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Do not let yourselves be discouraged or embittered by the smallness of the success you are likely to achieve in trying to make life…](https://sms4smile.com/quotes/roger-babson/do-not-let-yourselves-be-discouraged-or-embittered-by-the-smallness/) [Roger Babson](https://sms4smile.com/quotes/author/roger-babson/) > [Less money for retirees means less purchasing power means less economic growth overall. It's a big problem.](https://sms4smile.com/quotes/hedrick-smith/less-money-for-retirees-means-less-purchasing-power-means-less/) [Hedrick Smith](https://sms4smile.com/quotes/author/hedrick-smith/) > [An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is…](https://sms4smile.com/quotes/henry-ford/an-underpaid-man-is-a-customer-reduced-in-purchasing-power-he-cannot/) [Henry Ford](https://sms4smile.com/quotes/author/henry-ford/) > [In a monetary system, most of us live near our work with a house, car, and lifestyle we can afford (or, all too often,…](https://sms4smile.com/quotes/jacque-fresco/in-a-monetary-system-most-of-us-live-near-our-work-with-a-house-car/) [Jacque Fresco](https://sms4smile.com/quotes/author/jacque-fresco/) > [I hope that more Canadians will become interested in in how the inflation rate target affects our purchasing power, our standard of living and…](https://sms4smile.com/quotes/maxime-bernier/i-hope-that-more-canadians-will-become-interested-in-in-how-the/) [Maxime Bernier](https://sms4smile.com/quotes/author/maxime-bernier/) > [When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same…](https://sms4smile.com/quotes/louis-o-kelso/when-capital-owners-are-few-the-private-property-conduits-of/) [Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/) > [Corporations don't create jobs, customers do. So when all the economic gains go to the top, as they're doing now, the vast majority of…](https://sms4smile.com/quotes/robert-reich/corporations-don-t-create-jobs-customers-do-so-when-all-the-economic/) [Robert Reich](https://sms4smile.com/quotes/author/robert-reich/) > [Property may be destroyed and money may lose its purchasing power; but, character, health, knowledge and good judgement will always be in demand under…](https://sms4smile.com/quotes/roger-babson/property-may-be-destroyed-and-money-may-lose-its-purchasing-power-but/) [Roger Babson](https://sms4smile.com/quotes/author/roger-babson/) > [Purchasing power parities are not a reasonable method for comparing households across countries or currencies. The reason for this is simply that PPPs are…](https://sms4smile.com/quotes/thomas-pogge/purchasing-power-parities-are-not-a-reasonable-method-for-comparing/) [Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/) > [The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary…](https://sms4smile.com/quotes/ludwig-von-mises/the-illusiveness-of-this-concept-of-national-income-is-to-be-seen-in/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) ## More by Charles E. Wilson > [Many people do not realize that where unions have bargaining rights employers cannot raise wages or improve benefit plans any more than they can…](https://sms4smile.com/quotes/charles-e-wilson/many-people-do-not-realize-that-where-unions-have-bargaining-rights/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [Costs of manufactured articles importantly depend on the cost of raw materials as well as labour.](https://sms4smile.com/quotes/charles-e-wilson/costs-of-manufactured-articles-importantly-depend-on-the-cost-of-raw/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [Our thinking behind these agreements is that we want all jobs in General Motors to be good jobs.](https://sms4smile.com/quotes/charles-e-wilson/our-thinking-behind-these-agreements-is-that-we-want-all-jobs-in/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [That the way to achieve higher standards of living for all is through science and technology, taking advantage of better tools, methods and organization.](https://sms4smile.com/quotes/charles-e-wilson/that-the-way-to-achieve-higher-standards-of-living-for-all-is-through/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [Our expanding Canadian operations are concrete evidence of General Motors confidence in Canada.](https://sms4smile.com/quotes/charles-e-wilson/our-expanding-canadian-operations-are-concrete-evidence-of-general/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [Our recent 5-year labour agreements, in Canada as well as the United States, are based upon experience, logic and principle rather than on pressure,…](https://sms4smile.com/quotes/charles-e-wilson/our-recent-5-year-labour-agreements-in-canada-as-well-as-the-united/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [The prices of raw materials do not fluctuate directly with the labour cost of producing them.](https://sms4smile.com/quotes/charles-e-wilson/the-prices-of-raw-materials-do-not-fluctuate-directly-with-the-labour/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [That co-operation and peace rather than industrial strife and strikes will best promote the prosperity of the employees the company and all of the…](https://sms4smile.com/quotes/charles-e-wilson/that-co-operation-and-peace-rather-than-industrial-strife-and-strikes/) [Charles E. Wilson](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/charles-e-wilson/no-one-should-be-so-naive-as-to-think-that-wages-among-organized/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [Canada has great natural resources, and its people have the spirit and ability to develop them.](https://sms4smile.com/quotes/charles-e-wilson/canada-has-great-natural-resources-and-its-people-have-the-spirit-and/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [The only sound approach to collective bargaining is to work out an agreement that clarifies the rights and responsibilities of the parties, establishes principles…](https://sms4smile.com/quotes/charles-e-wilson/the-only-sound-approach-to-collective-bargaining-is-to-work-out-an/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [If workmen are denied any increase in real wages and they can look forward only to a better standard of living through reduction of…](https://sms4smile.com/quotes/charles-e-wilson/if-workmen-are-denied-any-increase-in-real-wages-and-they-can-look/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [The thing that contributes to anyone's reaching the goal he wants is simple wanting that goal badly enough.](https://sms4smile.com/quotes/charles-e-wilson/the-thing-that-contributes-to-anyone-s-reaching-the-goal-he-wants-is/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [No one should suffer from the great delusion that any form of communism or socialism which promotes the dictatorship of the few instead of…](https://sms4smile.com/quotes/charles-e-wilson/no-one-should-suffer-from-the-great-delusion-that-any-form-of/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) > [In my fifty years of experience and memory, I have seen the most amazing increase in the standard of living of a people ever…](https://sms4smile.com/quotes/charles-e-wilson/in-my-fifty-years-of-experience-and-memory-i-have-seen-the-most/) [Charles E. Wilson](https://sms4smile.com/quotes/author/charles-e-wilson/) [Explore all 25 Charles E. Wilson quotes ](https://sms4smile.com/quotes/author/charles-e-wilson/) ## More Daily quotes > [“Start the daily practice of joyful living.”](https://sms4smile.com/quotes/bryant-mcgill/start-the-daily-practice-of-joyful-living/) [Bryant McGill](https://sms4smile.com/quotes/author/bryant-mcgill/) > [I don't have to deal with the issues of the daily news cycle.](https://sms4smile.com/quotes/ron-suskind/i-don-t-have-to-deal-with-the-issues-of-the-daily-news-cycle/) [Ron Suskind](https://sms4smile.com/quotes/author/ron-suskind/) > [In daily or everyday life, I am so impressed with tiny details, like when I look up at a street lamp falling on the…](https://sms4smile.com/quotes/makoto-shinkai/in-daily-or-everyday-life-i-am-so-impressed-with-tiny-details-like/) [Makoto Shinkai](https://sms4smile.com/quotes/author/makoto-shinkai/) > [I want to show that drama doesn't lie only in blood and destroyed buildings but in daily life, in ordinary human beings.](https://sms4smile.com/quotes/jasmila-zbanic/i-want-to-show-that-drama-doesn-t-lie-only-in-blood-and-destroyed/) [Jasmila Zbanic](https://sms4smile.com/quotes/author/jasmila-zbanic/) > [I do some kind of work, whether writing or painting or recording, on a daily basis. And it's so essential that when I'm involved…](https://sms4smile.com/quotes/david-bowie/i-do-some-kind-of-work-whether-writing-or-painting-or-recording-on-a/) [David Bowie](https://sms4smile.com/quotes/author/david-bowie/) > [I found by daily experience, the more I did, the more I might do for God.](https://sms4smile.com/quotes/george-whitefield/i-found-by-daily-experience-the-more-i-did-the-more-i-might-do-for-god/) [George Whitefield](https://sms4smile.com/quotes/author/george-whitefield/) > [Daily, I visualize the smart-ass troll who lives deep in my subconscious, and I pelt him with rainbows and unicorns. I fight a battle…](https://sms4smile.com/quotes/julie-plec/daily-i-visualize-the-smart-ass-troll-who-lives-deep-in-my/) [Julie Plec](https://sms4smile.com/quotes/author/julie-plec/) > [A small daily task, if it be really daily, will beat the labours of a spasmodic Hercules.](https://sms4smile.com/quotes/anthony-trollope/a-small-daily-task-if-it-be-really-daily-will-beat-the-labours-of-a/) [Anthony Trollope](https://sms4smile.com/quotes/author/anthony-trollope/) > [One must not only die daily, but every day we must be born again.](https://sms4smile.com/quotes/dorothy-l-sayers/one-must-not-only-die-daily-but-every-day-we-must-be-born-again/) [Dorothy L. Sayers](https://sms4smile.com/quotes/author/dorothy-l-sayers/) > [Most restaurant people work much harder physically, on a daily basis, than most entertainers. Though most people in entertainment complain more.](https://sms4smile.com/quotes/philip-rosenthal/most-restaurant-people-work-much-harder-physically-on-a-daily-basis/) [Philip Rosenthal](https://sms4smile.com/quotes/author/philip-rosenthal/) > [I organize all my footage by the date it was shot, and then arrange everything in a timeline once I begin a project. I…](https://sms4smile.com/quotes/john-wilson/i-organize-all-my-footage-by-the-date-it-was-shot-and-then-arrange/) [John Wilson](https://sms4smile.com/quotes/author/john-wilson/) > [Sibi Malayali sir saw a picture of me in a Malayalam daily and felt I was suited for a role in his movie 'Ishtam.'…](https://sms4smile.com/quotes/navya-nair/sibi-malayali-sir-saw-a-picture-of-me-in-a-malayalam-daily-and-felt-i/) [Navya Nair](https://sms4smile.com/quotes/author/navya-nair/) > [As the former U.S. Ambassador to Japan, I dealt on a daily basis with China.](https://sms4smile.com/quotes/bill-hagerty/as-the-former-u-s-ambassador-to-japan-i-dealt-on-a-daily-basis-with/) [Bill Hagerty](https://sms4smile.com/quotes/author/bill-hagerty/) > [There are many females in my life I couldn't function on a daily basis without who I've purposely put there that work with me.](https://sms4smile.com/quotes/iggy-azalea/there-are-many-females-in-my-life-i-couldn-t-function-on-a-daily/) [Iggy Azalea](https://sms4smile.com/quotes/author/iggy-azalea/) > [The gym is somewhere you can go to just forget for an hour what you do for a living, what you are doing on…](https://sms4smile.com/quotes/luke-evans/the-gym-is-somewhere-you-can-go-to-just-forget-for-an-hour-what-you/) [Luke Evans](https://sms4smile.com/quotes/author/luke-evans/) [Browse all 1,563 Daily quotes ](https://sms4smile.com/quotes/about/daily/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods and services the employee must purchase in his daily living.", "creator": { "@type": "Person", "name": "Charles E. Wilson" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/charles-e-wilson/that-it-is-logical-fair-and-reasonable-to-maintain-the-purchasing/", "about": { "@type": "Thing", "name": "Daily" }, "@id": "https://sms4smile.com/quotes/charles-e-wilson/that-it-is-logical-fair-and-reasonable-to-maintain-the-purchasing/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ef1/charles-e-wilson-23915_daily_that-it-is-logical-fair-and-reasonable-t_2668123.jpg", "contentUrl": "https://sms4smile.com/quotes/i/ef1/charles-e-wilson-23915_daily_that-it-is-logical-fair-and-reasonable-t_2668123.jpg", "url": "https://sms4smile.com/quotes/i/ef1/charles-e-wilson-23915_daily_that-it-is-logical-fair-and-reasonable-t_2668123.jpg", "width": 1080, "height": 1080, "caption": "“That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods…” — Charles E. Wilson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Charles E. Wilson", "item": "https://sms4smile.com/quotes/author/charles-e-wilson/" }, { "@type": "ListItem", "position": 4, "name": "That it is logical, fair and...", "item": "https://sms4smile.com/quotes/charles-e-wilson/that-it-is-logical-fair-and-reasonable-to-maintain-the-purchasing/" } ], "@id": "https://sms4smile.com/quotes/charles-e-wilson/that-it-is-logical-fair-and-reasonable-to-maintain-the-purchasing/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```