July 12, 2013
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3:36Now PlayingCharles 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...
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Clip from the Thursday, July 11th 2013 edition of The Kyle Kulinski Show, which airs live on Blog Talk Radio and Secular Talk Radio monday - friday 5-7pm Eastern.
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