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A 1 percenter tells the truth about "job creators"
- chrisbennet 13y agoThis article is a copy/paste of Nick Hanauer's November 2011 Bloomberg article with a few lines of text before and after added. Here is the original: http://mobile.bloomberg.com/news/2011-12-01/raise-taxes-on-the-rich-to-reward-job-creators-commentary-by-nick-hanauer.html http://mobile.bloomberg.com/news/2011-12-01/raise-taxes-on-t...
- someaccounthere 13y agoThe middle class spending money on consumption might create jobs, but it doesn't grow the economy. Economic Growth == More Production. Savings, capital, investment, entrepreneurs (%1) => production. This is a shill piece trying to justify more government money printing, on the premise that spending/consumption is good for the economy. The fact is that this achieves the exact opposite; drains savings and capital from productive business.