A Quote by Charles Koch
You can pay certain people more money and stuff but that's just going to be a transfer from one group to another. The only way people's wages are going to rise overall, or average median income is going to rise, is if you increase productivity.
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Higher productivity enables companies to increase sales without adding workers. Even if job markets tighten and wages rise, corporate profits can continue to climb as long as worker productivity is growing faster than overall wages.
I said these trade deals are going to be terrible: we're going to lose manufacturing jobs, factories abroad; the real wages of Americans are not going to rise. People are coming across the border; it has got to be stopped.
If I thought that raising the minimum wage was the best way to help people increase their pay, I would be all for it, but it isn't. If you raise the minimum wage, you're going to make people more expensive than a machine. And that means all this automation that's replacing jobs and people is only going to be accelerated.
[Young people] can't do much with [student debt] other than try to figure out how to pay it down. They can't take jobs they want. They can't get the credit they would like to start a business. So we're going to refinance it, we're going move people into income-contingent repayment plans, we're going to have a date certain when their obligations end, and I'm not going to let the government harass kids.
What people recognize is that there's a fear that the United States is in an unstoppable decline. They see the rise of China, the rise of India, the rise of the Soviet Union and our loss militarily going forward.
Humans are pack animals. In Biblical times, the great market cities in Europe or the United States, people want to be with other people. And in a way, the more that we're isolated, whether we're living on farms and we're only talking to our cell phone, the greater the need we have for group experience. So while people are saying that no one is going to go shopping because it's just inconvenient, and it's not as easy as buying online, why are people going to concerts? Why are people going to museums? Why are they going to sporting events?
I know that I pay 48 percent of my income to taxes. You know, I wouldn't mind so much if it wasn't going just to export war. If it was actually going to help the people of the United States, I would gladly pay more.
This is the great crisis in football now. It's not just Rangers; it's a lot of clubs. Big clubs always create more debt despite the huge income they have. It's almost an achievement, isn't it? They make so much money, and yet, still, their debts rise and rise and rise. How does that happen? It's absurd.
There are people who are at fault for one or another problem. These people are very avaricious and self-serving. They're not doing it just to do it; they're doing it for the money. That money, they keep here. When you say, "We're going to find these people, these guilty people, the ones who are not only breaking laws but are also hurting their own fellow country people," and you say, "We're going to punish them, specifically, that's a step in the right direction."
I think the average citizen is going to see no less than a $1,500 or more increase in what it's going to cost for basic living next year,... Taking sales tax off food isn't going to take care of all of that, but I think it's a way that we can help.
But I think what we're coming to grips with is the fact that we actually have a mercenary Army, and it doesn't have a nice ring to it. We call it 'volunteers', but we're basically paying people to serve their country. And if you're going to pay people and have a mercenary Army, you're going to have to pay the market rate. And so the bounties are going up—more money for tuition, higher enlistment bonuses—and I think it's appropriate.
I believe that people of my income group should pay more, and I explained why, but that won't necessarily lift overall wage levels.
One of these days, someone smarter and younger and more articulate than I is going to get through to the American people just how really messed up the federal government has become. And when that happens, the American people are going to rise up like that football crowd in Cleveland and run both teams off the field.
I don't know a lot of writers, even writers who have been on the bestseller list for a few weeks, or writers who have gotten movie options, who can live on just their writing income. Once you break it down to the years it took to write the book, place it, promote it, and you pay the agent, pay the taxes, the annual income is not enough to live on comfortably. I do not have a starving artist inclination. I'm from the working class. I don't feel creative unless I feel like my house is going to be there and I'm going to be fed. I can't worry about money and write. Maybe some people can.
When I talk about how we're going to pay for education, how we're going to invest in infrastructure, how we're going to get the cost of prescription drugs down, and a lot of the other issues that people talk to me about all the time, I've made it very clear we are going where the money is. We are going to ask the wealthy and corporations to pay their fair share.
It's going to be so obvious when something isn't well made for VR. People are going to use the best VR content. That's the stuff that's going to get shown to people. That's the stuff that's going to get demoed. That's most of what people are going to buy.
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