Belive Quote by John Howard
“I've never believed in lower wages. Never. Never believed in lower wages, I've never believed in lower wages as an economic instrument.”
About This Quote
Source Speech: Economic Policy Address, John Howard, 2005
The speaker rejects the idea that lowering wages is a viable economic tool, emphasizing that it harms workers and is ineffective.
In simple terms: Lower wages are not a good economic solution.
Avoid policies that reduce workers' pay.
Themes
Mood
Type
When to use this quote
- government policy
- business strategy
- worker advocacy
Key Concepts
Questions to Reflect On
- Is there any scenario where lower wages could be justified?
- What alternatives improve economic outcomes?
Lower wages can lead to reduced morale and productivity.