Inflation was driven by higher labor costs, not higher goods costs. Frankly, I'd love to see a little bit of that. Because I'd love to pay people more. I'd love to see rising wages for everybody. — Douglas R. Oberhelman Copy Share Image
I, for one, struggle a little bit with a $250,000 education for a philosophy degree. They are a wonderful people, but we can't employ philosophers in manufacturing in the United States. We need a one- or two-year technical add-on for… — Douglas R. Oberhelman Copy Share Image
Why is Caterpillar bad if we create a new job in India or China to receive U.S. exports? It makes no sense to me.… — Douglas R. Oberhelman Copy Share Image
All of our competitors around the world, every country is investing more in infrastructure as a percentage of their GDP than we are. And… — Douglas R. Oberhelman Copy Share Image
We spend a lot of time training and retraining. It's heartbreaking because our education system has failed all of us. And again you go… — Douglas R. Oberhelman Copy Share Image
Inflation was driven by higher labor costs, not higher goods costs. Frankly, I'd love to see a little bit of that. Because I'd love… — Douglas R. Oberhelman Copy Share Image
Caterpillar is the world's leading manufacturer of construction equipment, so of course we want contractors to choose our equipment for projects. But our immediate… — Douglas R. Oberhelman Copy Share Image
We're going to have to raise revenues in some form or fashion, and we're going to have to cut spending, including entitlements of all… — Douglas R. Oberhelman Copy Share Image
Caterpillar exported $20 billion of goods in 2011, all by American hands and American workers, to all over the world. In order to do… — Douglas R. Oberhelman Copy Share Image
I always try to communicate to our people that we can never make enough money. We can never make enough profit. — Douglas R. Oberhelman Copy Share Image
I, for one, struggle a little bit with a $250,000 education for a philosophy degree. They are a wonderful people, but we can't employ… — Douglas R. Oberhelman Copy Share Image
I am a human being. I started out with virtually nothing. I worked my way up like so many businesspeople have and made ourselves… — Douglas R. Oberhelman Copy Share Image
Infrastructure is one of the core responsibilities of government and one that cannot be shortchanged by other controversial spending. I believe investment in infrastructure… — Douglas R. Oberhelman Copy Share Image
I, for one, believe that revenue has to increase. I think every American would pay more if they thought spending was going to be… — Douglas R. Oberhelman Copy Share Image
