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Joseph E. Stiglitz

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Most poor people earn more than minimum wage when they are working; their problem is not low wages. The problem comes when they are not working.
--
Economics (1993)

 
Joseph E. Stiglitz

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But one of Clinton's problems was, the interest groups don't care about the working poor. The Republicans don't care about the working poor — they don't know any. The Op-Ed writers don't care about the working poor. The editorial writers don't care about the working poor. The talking heads don't care about the working poor.

 
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Emotional appeals about working families trying to get by on $4.25 an hour [the minimum wage in 1996] are hard to resist. Fortunately, such families do not exist.

 
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