Quote by: Douglas R. Oberhelman

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

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Related Keywords: See Labor Inflation Everybody Rising More Pay

Related Authors: Kevin Rollins Tadashi Yanai Patricia A. Woertz

Author Bio

  • NameDouglas R. Oberhelman
  • DescriptionCaterpillar, Inc. president and chairman
  • AliasesDouglas Oberhelman; Doug Oberhelman
  • BornFebruary 25, 1953
  • CountryUnited States Of America
  • ProfessionBusiness Executive; Chief Operating Officer