We have seen economic growth. But we have not seen earnings growth.
Meaning of the quote
The quote suggests that while the overall economy has been growing, the paychecks of many people have not been increasing at the same pace. In other words, economic progress is not necessarily translating into higher earnings for individuals. The message is that even though the economy may be doing well, the benefits are not being evenly distributed among the population.
About Mike Farrell
Mike Farrell is an acclaimed American actor best known for his role as Captain B.J. Hunnicutt on the hit TV series M*A*S*H. He has also been an active advocate for various political causes, particularly his long-standing opposition to the death penalty.
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More quotes from Mike Farrell
We have seen economic growth. But we have not seen earnings growth.
American actor and producer (born 1939)
I gave away two dogs years ago because I felt guilty at not being able to give them the time and attention they deserved. I now regularly feed an army of squirrels and wild birds around our house.
American actor and producer (born 1939)
I can think of some things that would be fun, but I’m living my dreams.
American actor and producer (born 1939)
I was raised in Hollywood and knew, from as early as grammar school, classmates who were in the business.
American actor and producer (born 1939)
It’s mostly the financial chicanery that’s going on. People are saying ‘What kind of trust can we put in this market?’
American actor and producer (born 1939)
My dreams for the future are simple: work, a happy, healthy family, a lovely long motorcycle ride, and continuing the struggle to awaken people to the need for serious human rights reform.
American actor and producer (born 1939)
What one gets, I hope, is that all you can do is the best you can do.
American actor and producer (born 1939)
I think it’s appropriate for the international community in situations like this to intervene in Kosovo. I am in favor of an intervention. On some level, you have to say that at least somebody is doing something.
American actor and producer (born 1939)
It is inappropriate for the Bush administration to trump up a case in which we are ballyhooed into war.
American actor and producer (born 1939)
People seem to see no difference between an intimate conversation and a conversation at the water cooler.
American actor and producer (born 1939)
If you try to do your best there is no failure.
American actor and producer (born 1939)