Douglas R. Oberhelman Quotes

I am a human being. I started out with virtually nothing. I worked my way up like so many businesspeople have and made ourselves great in this country. And that is what we have to make sure we preserve for our grandchildren and future generations all the way through.

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 to China, even Mexico, Brazil the education systems are valued - ours are not in this country at K-12 level. It's amazing how that change has transpired in my lifetime.

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.

I always try to communicate to our people that we can never make enough money. We can never make enough profit.

Infrastructure is one of the core responsibilities of government and one that cannot be shortchanged by other controversial spending. I believe investment in infrastructure pays dividends for decades and is a wise investment of taxpayer dollars.

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 a high school.

Caterpillar exported $20 billion of goods in 2011, all by American hands and American workers, to all over the world. In order to do that, we have to create jobs in all those countries that we export to, to be able to sell there.

I, for one, believe that revenue has to increase. I think every American would pay more if they thought spending was going to be cut and the budget brought to balance.

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 kind, including the military. We all know this. Lets get on with it.