Nick Hanauer, entrepreneur and one percenter, exposes the fallacy that it’s the super rich who create jobs. He makes a strong case for taxing the rich to create benefits for the entire society, including growing the middle class. It’s good policy for everyone.
Hanauer asserted that TED refused to post this video on-line on the grounds that it was too politically controversial. It’s now available on-line. You be the judge:
[youtube=http://www.youtube.com/watch?feature=player_embedded&v=bBx2Y5HhplI]
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More links:
TED and inequality: The Real Story
To read the transcript of Hanauer’s talk, go to National Journal.com