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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBillionaire has spilled the beans on the 1%'s dirty little secret.
SUN MAY 20, 2012 AT 07:43 AM PDT
Billionaire has spilled the beans on the 1%'s dirty little secret.
bythinkingblueFollow
The rich are not job creators,
I AM A JOB CREATOR!
Please watch Billionaire, Nick Hanauer telling it like it is (REALITY) in this TV interview. I wonder how Fox Fake News is spinning this? Never mind, See video below.
I once wrote a brief summary on how my family helped create jobs, for an on-line petition. I can't remember the petition but I've located the word doc that I created with my 2 cents worth:
MORE:
http://www.dailykos.com/story/2012/05/20/1093210/-Billionaire-has-spilled-the-beans-on-the-1-s-dirty-little-secret-
Cleita
(75,480 posts)He said it in a different interview than this one. I have been attempting to make this point for decades now. Of course no one listens to me. I'm glad that someone, whom people will listen to is saying it as well.
hunter
(38,349 posts)... but it's really irritating watching 13 minutes of video when I could read the same in a minute or two.
lonestarnot
(77,097 posts)although at this point, since the top 10% have way more income than the bottom 50% does
In 2006, the bottom 50% got 12.5% of all income (according to tax estimates)
the top 1% got 22.1%
the top 4% got 14.6%
the top 9% got 25.3%, and
the top 10% got 47.4%
clearly the top 10% can create more jobs with their HALF of the pie
than the bottom HALF can create with our 1/8th of the pie.
http://www.koch2congress.com/5.html
gulliver
(13,205 posts)True self interest is mutual interest. (Society, it turns out, is an ecosystem that is healthiest when we take care of the whole.)
Society becomes how we behave. (The model of citizenship depends on contagious behavior, hence positive behavior begets positive behavior.)
Were all better off when were all better off. (The economy is not an efficient machine. Its an effective garden that need tending. Adjust the definition of wealth to society creating solutions for all.)
http://www.amazon.com/The-Gardens-Democracy-Citizenship-Government/dp/1570618232
I decided to buy it. I have always thought that liberal economic ideas are justified both on compassionate grounds and on self-interest. The Republican form of self-interest is misguided, a self-injurious selfishness.