But can we please stop insisting that if low-wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse? There is no evidence for it. The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.
The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages e… - Nick Hanauer
The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages e…
- Nick Hanauer
I was more conservative when I was younger. But I don't think that I've moved left - I think the country has moved right. - Nick Hanauer
I was more conservative when I was younger. But I don't think that I've moved left - I think the country has moved right.
Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about worke… - Nick Hanauer
Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about worke…
You can go back 150 years and literally find the same people saying the same thing in the same way. "If we have to pay you more, it will be bad for y… - Nick Hanauer
You can go back 150 years and literally find the same people saying the same thing in the same way. "If we have to pay you more, it will be bad for y…
I think the idea that giant profitable corporations should pay their workers enough so that they don't need food stamps - since when is that left win… - Nick Hanauer
I think the idea that giant profitable corporations should pay their workers enough so that they don't need food stamps - since when is that left win…
If it was true that lower taxes for the rich and more wealth to the wealthy leat to job creation, today we would be drowning in jobs. - Nick Hanauer
If it was true that lower taxes for the rich and more wealth to the wealthy leat to job creation, today we would be drowning in jobs.
The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to th… - Nick Hanauer
The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to th…
But can we please stop insisting that if low-wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse? There is… - Nick Hanauer
But can we please stop insisting that if low-wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse? There is…
The only reason to have a 300-foot-long boat is because they're bigger than 200-foot-long boats. - Nick Hanauer
The only reason to have a 300-foot-long boat is because they're bigger than 200-foot-long boats.
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