Posted 1 year ago on July 11, 2013, 2:18 a.m. EST by shoozTroll
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Charles Koch, the billionaire co-owner of Koch Industries and libertarian financier, thinks poor people would be better off if companies could pay them less than $7.25 per hour.
In an interview with the Wichita Eagle, Koch said economic freedom was key to helping those in need. That meant getting rid of regulations, including the minimum wage.
“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.’ … 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,” he explained to the Eagle.
So not paying people, makes them stay on the job longer??
The original article.