Country Quote by Mitt Romney
“I think the minimum wage outght to keep pace with inflation. I think the minimum wage is a good thing to have in our country and I think it ought to be updated.”
About This Quote
Source Speech: Economic Policy Address, Mitt Romney, 2020
The speaker argues that the minimum wage should rise with inflation, viewing it as essential for the nation.
In simple terms: Minimum wage should keep up with inflation.
Key Takeaway
Support wage adjustments to match cost of living.
Themes
economics
inflation
labor rights
policy
Mood
pragmatic
concerned
Type
political
economic
When to use this quote
- policy debates
- budget planning
- worker negotiations
Key Concepts
living standards
fair wages
economic stability
Questions to Reflect On
- What are the trade‑offs of raising wages?
- How can inflation be measured accurately?
A Different Perspective
Higher wages may impact small businesses.
![“That country [Carthage] was rapidly sinking into the state of barbarism from whence it had been raised by the Phoenician colonies and Roman laws; and every step of intestine discord was marked by some deplorable victory of savage man over civilized society.” quote by Edward Gibbon](https://sms4smile.com/quotes/img-quotes/70c/edward-gibbon-710_barbarism_that-country-carthage-was-rapidly-sinkin_393.jpg)
