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Quote by Angela Merkel

“The question is: Would there be a market in Germany for certain types of employment if one were to allow the employed person to earn less than is necessary to maintain his standard of living?”

Author

Angela Merkel

Former Chancellor of Germany and politician, born on July 17, 1954 in Hamburg, Germany. She is the first female Chancellor of Germany and served from 2005 to 2021. During her tenure, she led Germany through a series of domestic and international challenges, including the European debt crisis and the refugee crisis. more

“If a market exists for low-paid work, then we should think about how we can make this type of work more attractive by providing government assistance. Of course, the wage-earner must be able to live off of his wages. We will not allow poverty wages or dumping wages. But the wage earner can receive a combined wage that includes both his actual wages and a government subsidy.”

Ifs Thinking Should Government Able Courses Poverty Type Lows Paid Attractive Providing Wages Assistance Subsidies Government Assistance

Author:Angela Merkel

“We cannot allow employers in Germany to pay hourly wages of 50 cents and shift the remainder of the burden to the taxpayer. After all, we want to create jobs, not open a self-service shop for resourceful employers.”

Want Self Jobs Pay Burden Germany Shops Cents Wages Employers Taxpayers Resourceful Self Service

Author:Angela Merkel

“If I run a time-limited test program, I'll never discover whether markets with additional employment truly exist. A solution in the low-wage sector cannot be a limited special program.”

Ifs Running Special Solutions Lows Program Tests Employment

Author:Angela Merkel

“Great art is the outward expression of an inner life in the artist, and this inner life will result in his personal vision of the world.”

World Art Artist Results Vision Expression Art Is Great Art Inner Life Personal Vision

Book:Edward Hopper, 1882-1967: Hayward Gallery, London, 11 February to 29 March 1981 : a selection from the exhibition Edward Hopper, the art and the artist held at the Whitney Museum of American Art in New York from 16 September 1980 to 25 January 1981

Source: Edward Hopper, 1882-1967: Hayward Gallery, London, 11 February to 29 March 1981 : a selection from the exhibition Edward Hopper, the art and the artist held at the Whitney Museum of American Art in New York from 16 September 1980 to 25 January 1981

“Workers are not being exploited. But if their share of growth doesn't increase, this could be a potential cause of social tension worldwide.”

Ifs Social Causes Growth Share Increase Workers Tension

Author:Kenneth Rogoff

“It's quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families really are.”

People Wells Fields Fund Equity Astonishing Affluent Hedge Fund Private Equity

Author:Kenneth Rogoff

“It comes as no surprise that average Americans have a different perception of the economy than (US President) George W. Bush and his friends. They can play around with statistics as much as they want, but it's clear that we have an unfair distribution of wealth.”