The Koch brothers can get left-leaning Americans' blood boiling just by drawing breath. Imagine the rage when they actually poke the bear a bit.
its continued bid to leave its liberal counterparts as red-faced,
flustered and hyperventilated as George Soros leaves his conservative
detractors, the Charles Koch Foundation recently released a commercial that suggests an annual income of $34,000 puts a worker among the wealthiest 1% -- in the world.
basic premise is that Americans don't need things like food stamps or
the minimum wage to help them, because they're already so much better
off than poor people in the world around them. The Economic Policy
Institute can't help but disagree. Its Family Budget Calculator
notes that a family of three would require an income of $45,000 a year
to cover basic needs in Simpson County, Miss., the U.S. region with the
lowest cost of living for a family of that size.
Bloomberg puts Charles Koch's wealth alone at $43.4 billion. His brother and Koch Industries partner, David, is worth just as much. While that might jaundice their view of what a person on minimum wage needs to survive, Charles Koch insisted to the Wichita Eagle last week that the minimum wage is just one of the items that need to be removed:
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.
In Koch's view, these factors put the hurt on "economic freedom." His ad cites a report from the Koch-funded
Fraser Institute showing that the "United States used to be a world
leader in economic freedom but our ranking fell. And it's projected to
decline even further."