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Ultra-Successful Entrepreneur Explains Job Creation

Posted: Thu Aug 09, 2012 5:50 pm
by _Analytics
In a 6-minute video, billionaire venture capitalist Nick Hanauer explains the rationale behind why job creators such as himself ought to pay lower taxes.

http://www.youtube.com/watch?v=bBx2Y5HhplI

Re: Ultra-Successful Entrepreneur Explains Job Creation

Posted: Fri Aug 10, 2012 7:34 am
by _MeDotOrg
Thanks for the post, Analytics. For me, the statistic that stood out the most was that if median household income had kept pace with the economy, it would be $92,000 a year instead of $50,000.

The economy is a pump that needs to be primed, and in order to prime the pump you need consumers that are able and willing to buy.

I bookmarked this Ted Talk in my 'Wealth and Democracy" folder.