American Quote by Peter Navarro
“Would you rather have cheap, subsidized - illegally subsidized - goods dumped into the Wal-Mart and not have a job and not have your wages go up in 15 years, or would you like to pay a little bit more - not much - a little bit more, have a job, and have your wages going up? I think the American people are going to make that choice.”
About This Quote
Source Speech: Economic Policy Discussion, 2022
Choosing between low-cost goods without job security versus slightly higher prices with employment and wage growth reflects a trade‑off between affordability and economic stability.
In simple terms: Cheap goods vs jobs and wages
Key Takeaway
Consider the long‑term impact of price vs job policies.
Themes
economics
policy
labor
trade
wage
inflation
Mood
concerned
analytical
optimistic
Type
political
economic
social
When to use this quote
- Consumer pricing decisions
- government subsidy debates
- employment negotiations
- inflation concerns
Key Concepts
Opportunity cost
market dynamics
social welfare
Questions to Reflect On
- How do you value job security versus lower prices?
- What policies can balance affordability and fair wages?
A Different Perspective
Higher prices may still burden low‑income families despite job gains.
![“[Walmart]s largest innovation consists in getting rid of the central Fordist principle of paying the workers enough so that they can afford to buy what they manufacture. Instead, WalMart has pioneered the inverse principle: paying the workers so little that they cannot afford to shop anywhere…” quote by Steven Shaviro](https://sms4smile.com/quotes/img-quotes/a97/steven-shaviro-67313_america_walmart-s-largest-innovation-consists-in_2384415.jpg)
