Charles Koch, he of the notorious Koch Brothers and worth around 34 billion dollars, said in an interview with the Wichita Eagle that eliminating the minimum wage will… wait for it… it's coming… help the poor.
Quoted from the Eagle interview, Koch said this…
We want to do a better job of raising up the disadvantaged and the poorest in this country, rather than saying 'Oh, we're just fine now.' We're not saying that at all. What we're saying is, we need to analyze all these additional policies, these subsidies, this cronyism, this avalanche of regulations, all these things that are creating a culture of dependency. And like permitting, to start a business, in many cities, to drive a taxicab, to become a hairdresser. Anything that people with limited capital can do to raise themselves up, they keep throwing obstacles in their way. And so we've got to clear those out. Or the minimum wage. Or anything that reduces the mobility of labor.
Koch is launching a new campaign in his hometown of Wichita to laud economic freedom and warn the public about government overreach. It will cost him around $200,000 and if successful, he would like to expand the campaign to other cities.
He produced a 1 minute video ad, seen below, that starts off condescendingly portraying that if you make $34,000 a year or more, you are part of the proverbial "top one percent". Never mind that it includes the entire world, a world in which 80% of the people live on less than $10 a day.
rest at http://progressivepopulist.org/2013/07/11/billionaire-koch-brother-dumping-minimum-wage-will-help-the-poor-video/
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