Gary Cohn Quotes
If we get a tax system that is competitive, we will hire people. When you hire people, you have to compete for labor. When you compete for labor, you drive wages.
Cohn, Gary. Interview by John Harwood. CNBC, 9 Nov. 2017.
This is a statement that in the early 21st century would be made only by ultra liberals. But in the in the late 1940’s this was not only standard democratic party thinking, but a large number of Republicans thought of the Government as the employer of last resort including their Presidential standard bearer.
At the time this was generally true for most businesses. However, in a modern economy, there are other ways. Increasing volume, automation, innovating products and services to get premium prices naw are standard techniques.
Gary David Cohn is an American business leader who served as the 11th Director of the National Economic Council and chief economic advisor to President Donald Trump from 2017 to 2018. He managed the administration’s economic policy agenda. Before serving in the White House, Cohn was President and COO of Goldman Sachs, where he worked for more than 25 years. Cohn was appointed vice-chairman of IBM on January 5, 2021.