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Contrary Quote by Nick Hanauer

“My message is that the counterclaim - which is that if wages go up, employment will go down - is a scam. It's a con job. It's an intimidation tactic. There is absolutely no evidence anywhere that it's true. On the contrary, where you find high wages you usually find low unemployment.” quote by Nick Hanauer
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“My message is that the counterclaim - which is that if wages go up, employment will go down - is a scam. It's a con job. It's an intimidation tactic. There is absolutely no evidence anywhere that it's true. On the contrary, where you find high wages you usually find low unemployment.”

Nick Hanauer

About This Quote

Source Interview: Economic Policy Podcast, Nick Hanauer, 2020

The claim that higher wages cause unemployment is false; evidence shows high‑wage areas often have low unemployment, making the argument a deceptive intimidation tactic.

In simple terms: Higher wages don’t cause job loss; they can coexist with low unemployment.

Key Takeaway

Support policies that raise wages without fearing job loss.

Themes

economics labor market policy truth misinformation

Mood

analytical assertive optimistic

Type

economic political educational

When to use this quote

  • legislative debates
  • business strategy
  • union negotiations
  • public advocacy
  • academic research

Key Concepts

minimum wage employment trends economic evidence political rhetoric

Questions to Reflect On

  • What data best disproves the wage‑unemployment myth?
  • How can we communicate this truth effectively?
A Different Perspective

Opponents may cite isolated cases or short‑term effects.

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