2012. now, you take those out of the equation, and president obama, he ought to be thanking me in texas for the job creation that we ve done down there in texas over the course of the last few years. you thank the geological miracle of all that oil and the immigrants down there. number one, very glad to be here. i was with the president today. i m here to recruit my good friend governor perry to raise the minimum wage in texas. our minimum wage is illinois is for people who work very hard. the prince approximately that s in the bible, we all believe in the bible. you shouldn t work more than 40 hours a week. i really hope you can raise the minimum wage in texas as we did in illinois and to join this all across america. if folks have a job, why not give them a living wage? amen. i just have to ask this. last year the head of
caterpillar complained publicly about the anti-jobs, anti-business tone of illinois. isn t it a fact when you look at job creation, the states that have raised the minimum wage actually have the worst unemployment rate and the fact is that illinois has lost people, i think it s lost 40,000 people in the last year, the largest outpouring of people in any straight in the country. so i understand why let s talk about job creation. it does kill jobs. job creation in illinois, the number one in the midwest sinces last may. we ve created over 280,000 jobs. the head of caterpillar made bad investment decisions that hurt caterpillar and all of us in illinois. he should be held accountable for that. we believe in caterpillar, john deere tractors in our state, we have ford, chrysler, mitsubishi, all of them growing. when i became governor, chrysler had 200 jobs, now they have
you re not going to have a job. that s the wrong message. every dollar you raise in the minimum wage creates $2,800 in purchasing power. 70% of our economy are consumers buying things. let s put more money in the pocket. we know that forcing small businessmen and women to raise the minimum wanl, they ll have to make the decision between whether they re going to hire people or raise the wage. all these studies show that no, no, no, that s not correct. you are absolutely wrong about that. you re the one quoting the cbo report which says zero to a million. so the same report you re citing actually makes this point. zero jobs lost or a million. they re kind of guessing there. but i want to ask you a question. you re sitting here defending these minimum wage jobs and we know for a fact that you have a lot of big corporations that are paying people full-time workers so little that they have to put their hand out for food stamps and for medicaid. do you think that big corporations
i ll tell you you something else. they ll keep people at work. i got one more then i got one more. rick perry, a good friend of mine, went to iraq and afghanistan together and we were roommates and we had some philosophical differences along the way. just a few. but his daddy was in texas, elected official. and he believed in sam rayburn who was a supporter of franklin delano roosevelt who strarted minimum wage. it was 25 cents an hour in 1938. now it has to keep up with the cost of living. so i think you ought to go back to your roots. you know what, my dad is going to have his 89th birthday in april. i was talking to him the other day, hey, dad, what do you think of this minimum wage being raised. he said, the government ought to stay out of our damn business. i m just telling you an old democrat. mine is 96 years old. you re a senator, the fill la butser. a good conversation. but i want to switch to another burden that i think
that the government has to subsidize their workers? 95% of all the jobs that were created in texas during that decade were not minimum wage jobs. 95% of them are jobs that are paying above the minimum wage. when you have an environment where you have the tax structure that doesn t strangle small businessmen and women, you have a regulatory climate that s fair and predictable, a legal system that doesn t allow for oversuing and you put money into an accountable public school, then get out of the way, jobs will be created and good jobs. i m talking good paying jobs in texas and it will work in illinois even. the majority of people who get the minimum wage are heads of households. moms and dads raising children. the most important thing you do in life is raising your children. isn t it important that we help everybody even those 5% of folks who aren t making who are making the minimum wage? the most important thing that we can do, governor, is to help create a climate where job cr