A Quote by Charles Koch
In business, real jobs profitably produce goods and services that people value more highly than their alternatives. Subsidizing inefficient jobs is costly, wastes resources, and weakens our economy.
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Successful companies create value by providing products or services their customers value more highly than available alternatives. They do this while consuming fewer resources, leaving more resources available to satisfy other needs in society. Value creation involves making people's lives better. It is contributing to prosperity in society.
So to the best we can, what we do is focus on creating value for others, and how do we do that? We do it by trying to produce products and services that our customers will value more than their alternatives, and not just their alternatives today, but what the alternatives will be in the future. We try to more efficiently use resources than our competitors, and constantly improve in that, and we try to do the best job we can in creating a safe environment, and environmental excellence, and constantly improve at that.
For example, the supporters of tariffs treat it as self-evident that the creation of jobs is a desirable end, in and of itself, regardless of what the persons employed do. That is clearly wrong. If all we want are jobs, we can create any number--for example, have people dig holes and then fill them up again, or perform other useless tasks. Work is sometimes its own reward. Mostly, however, it is the price we pay to get the things we want. Our real objective is not just jobs but productive jobs--jobs that will mean more goods and services to consume.
In my home district, exports support more than 100,000 jobs. Imagine how many more jobs we can create by breaking down the barriers that prevent Chicago-made goods and services from entering new markets.
As the U.K.'s position as a global financial services hub weakens, our competitors will lose no time in attracting jobs in services from our shores.
People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.
Just imagine, more than half of the young people in the European Union do not have jobs. How can one explain that? How can one explain that to a working family, that produces goods and services, those who produce the olive oil that is a a main source of food in any European country? They humbly work the land with great effort and then the little resources they had saved in banks have now become dust simply because they did not have the means to withstand inflation produced by the adjustment policies.
As more and more people are automated out of the economy through robotics and self-driving cars and other technologies, there will be a way to create value for other human beings online. There will be a virtual economy for exchanging value, goods and services, entertainment experiences, and all that.
I'll also make sure that America has trade relations with China that work for us. I've watched year in and year out as companies have shut down and people have lost their jobs because China has not played by the same rules, in part by holding down artificially the value of their currency. It holds down the prices of their goods. It means our goods aren't as competitive and we lose jobs. That's got to end.
Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
The president [Barack Obama] asked for a commitment of, I think, 100,000 jobs for veterans and military spouses over the next couple of years. And we announced during the tour last week that we have gotten more than 60,000 jobs, and we're well on our way to just crashing that goal out of the water, because what businesses are understanding is that these men and women are some of the most highly trained resources that we have in this country.
I've said that we're going to produce real results for the American people because so many Americans feel left out and left behind, they think the economy has failed them, they think our government has failed, they can't stand the gridlock and dysfunction in our politics, and I'm determined to produce more good jobs with rising incomes, and deal with all of the concerns that families have about education, college affordability, student debt.
We believe that business is the engine that drives the car. You've got to build your business base. That means creating more jobs, better paying jobs - that's how you raise your standard of living. That's how you raise your quality of life. That's what funds all the other services people want from government.
We have reached a point where the value we do add to our economy is now being outweighed by the value we are removing, not only from future generations in terms of diminished resources, but from ourselves in terms of unlivable cities, deadening jobs, deteriorating health, and rising crime. In biological terms, we have become a parasite and are devouring our host.
When a man tells you that he got rich through hard work, ask him whose. There's no evidence that more people with more skills would produce more jobs. There's a great deal of evidence that they produce more competition for the jobs that exist, and in turn, drive down the cost of labour. Nothing pleases a corporation more than having five people compete for the same job. Competitiveness means good times for machines, not workers, because our tax systems privilege machines over workers.A lost job can put a smile on any shareholder's face.
If we can produce more ethanol and bio-diesel to help fuel our vehicles, we will create jobs, boost local economies and produce cleaner burning fuels. This will keep dollars here at home where they can have a positive impact on our economy.
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