CREATES JOBS? My friend Sam Hughes +Gmailed me about this unpublished TED talk.

http://www.upworthy.com/breaking-you-know-that-nick-hanauer-ted-talk-you-werent-supposed-to-see-here-itWHO CREATES JOBS?

My friend Sam Hughes +Gmailed me about this unpublished TED talk. And it’s actually true. But misleading. Yes, the super-rich do not create jobs, the middle class creates jobs. However

a) The middle class ‘hires’ the super rich to protect them from the government. And it works.

b) The ‘Rich” are almost universally (above 90%) members of the middle class who made their money in small and medium business.

I don’t support the super rich. I support active constraint, and even dissolution, of the government.


Source date (UTC): 2012-08-16 15:57:00 UTC

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