Ken Langone, co-founder of Home Depot and benefactor of the NYU Langone medical center, called out Vermont Sen. Bernie Sanders for his high-tax policies and 32-hour workweek plan.
Home Depot co-founder Ken Langone fired back at Sen. Bernie Sanders, I-Vt., after he proposed a 32-hour workweek and rehashed his tax-the-rich mantra in recent days. Langone — who co-founded the home improvement chain with Atlanta Falcons owner Arthur Blank and right-leaning investor Bernie Marcus — suggested Sanders is simply pursuing those who have more money than others. 'We're always a target,' Langone told 'Your World.
We have 3,000 kids that started out pushing carts in the lot — today, they're multi-millionaires. They're the guys that Bernie Sanders wants to go after,' he added. 'A 32-hour workweek raises labor costs directly 20%. Why? Because the eight hours they're not working you've got to hire somebody else… You're not going to squeeze 40 hours into 32 hours.
He said he was encouraged by Trump's clarification that his 'revenge' pledge was meant to express a 'revenge' sought through public policy that helps the American people rather than personal vendetta, but remained critical of the presumptive GOP nominee's behavior. 'I can only use words that would be pejorative, and I don't choose to do that,' he said.
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