Related quotes
- Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.
- There is no visible sign that the current politicians in the US are willing to see the need for change.
- Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part-time jobs, with no benefits and generally low pay.
- Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.
- If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.
- So, there is enormous instability in the global economy with a shift of winners and losers.