Business Quote by J. D. Hayworth
“The minimum wage was due for an increase, but it was important that we offset its cost to small businesses.”
About This Quote
Source Speech: Congressional testimony, 2009
Balancing higher wages with support for small firms is essential to avoid harming the very businesses that employ workers.
In simple terms: Raise wages but help small businesses.
Key Takeaway
Support both workers and small firms.
Themes
economics
policy
labor
small business
wage policy
Mood
concerned
pragmatic
Type
policy
economic
legislative
When to use this quote
- legislative debate
- budget planning
- small business assistance
- wage negotiations
- policy design
Key Concepts
cost offset
economic equity
business sustainability
Questions to Reflect On
- How can offsets be structured to truly help small firms?
- What alternative measures could protect both workers and businesses?
A Different Perspective
Small businesses may still struggle despite offsets.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)