If you paid Americans a living wage, they would be able to pay for products made by Americans in America.
Interpretation
A living wage allows individuals to support themselves and their economy.
Henry Rollins emphasizes the importance of paying Americans a living wage, suggesting that such compensation would enable individuals to afford products manufactured domestically. This creates a cycle of economic support, where fair wages contribute to a thriving market for American goods, ultimately boosting the economy and promoting self-sufficiency among citizens.
In practice
In a speech about American manufacturing, one might quote Rollins to highlight the importance of fair wages.
Some people see Black Friday as a much-needed break for their wallet. I see it as retail outlets showing the customers the full weight of their contempt. The frenzy to buy cheap crap from China, the human downgrade of people fighting with each other over items they can probably live without, to me, is an insult.
Strength is the product of struggle, you must do what others don't to achieve what others won't.
Sitting in a room, alone, listening to a CD is to be lonely. Sitting in a room alone with an LP crackling away, or sitting next to the turntable listening to a song at a time via 7-inch single is enjoying the sublime state of solitude.
When the Iron doesn't want to come off the mat, it's the kindest thing it can do for you. If it flew up and went through the ceiling, it wouldn't teach you anything.
If I lose the light of the sun, I will write by candlelight, moonlight, no light. If I lose paper and ink, I will write in blood on forgotten walls. I will write always. I will capture nights all over the world and bring them to you
I was at the first Minor Threat show, and you could tell, 'This band is going to be the king of the town.' It was obvious. They were so good.
One-sided national economic triumphs cannot be achieved in the increasingly interwoven global economy without precipitating calamitous consequences for everyone.
Having a decent share of the national wealth for the middle class is not bad for growth. It is actually useful both for equity and efficiency reasons.
One of the arguments I make for the failure of the euro is that, at the time it was being constructed, there was a 'neo-liberal' ideology which said that all we need to do to make this thing work is to get deficits low, keep inflation low, and take down barriers, and then everything would be fine.
After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. Β By comparison, the average real income of the other 95% of households grew less than 10%.
Private fortunes, in the present state of our circulation, are at the mercy of those self-created money lenders, and are prostrated by the floods of nominal money with which their avarice deluges us.
THE CORRECTION, when it finally came, was not an overnight bursting of a bubble but a much more gentle letdown, a year-long leakage of value from key financial markets, a contraction too gradual to generate headlines and too predictable to seriously hurt anybody but fools and the working poor.
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