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REAL WORLD EVENT DISCUSSIONS
One more time: The rich are NOT the job creators
Saturday, May 11, 2013 7:52 AM
NIKI2
Gettin' old, but still a hippie at heart...
Quote:Multi-millionaire Nick Hanauer has an important message for those who think the rich are America's job creators. Problem is, he can't seem to get it out. Hanauer, one of the first nonfamily investors in Amazon.com, shared this argument as part of a talk he gave at the TED University conference. Now, the organizers of TED -- a movement aimed at bringing attention to "ideas worth spreading" -- is refusing to share Hanauer's talk on the internet, calling it too "political," according to the National Journal. In his talk, Hanauer argued that the rich, people like him in other words, aren't responsible for the bulk of America’s job creation and therefore shouldn’t receive tax breaks to help them create jobs. Instead, he noted that middle-class consumers are more likely to create jobs by spending and spurring businesses to hire. Excerpts from http://www.huffingtonpost.com/2012/05/17/nick-hanauer-ted-talk_n_1524435.html] Quote:Chris Anderson, head honcho at TED, has responded to Nick Hanauer’s claims that his TED talk was censored. TED, Anderson says, tries “to steer clear of talks that are bound to descend into the same dismal partisan head-butting people” and that Hanauer “framed the issue in a way that was explicitly partisan.” The upshot, though, is that he’s letting viewers decide for themselves. Watch the video below. To my ears, Hanauer framed the issue in a way that was explicitly nonpartisan. The only mention of either party comes at the beginning: “If taxes on the rich go up, job creation will go down,” Hanauer says. “This idea is an article of faith for Republicans, is seldom challenged by Democrats, and has indeed shaped much of the economic landscape. But sometimes the ideas we’re certain are true are dead wrong.” http://www.washingtonpost.com/blogs/wonkblog/post/nick-hanauers-ted-talk-on-taxes/2012/05/17/gIQAXCncWU_blog.html What that boils down to, essentially, is that the conservative strategy of calling the rich "job creators" has worked, and now if the truth doesn’t favor Republicans or isn’t neutral, it’s considered politically controversial. How can proven information be politically controversial?
Quote:Chris Anderson, head honcho at TED, has responded to Nick Hanauer’s claims that his TED talk was censored. TED, Anderson says, tries “to steer clear of talks that are bound to descend into the same dismal partisan head-butting people” and that Hanauer “framed the issue in a way that was explicitly partisan.” The upshot, though, is that he’s letting viewers decide for themselves. Watch the video below. To my ears, Hanauer framed the issue in a way that was explicitly nonpartisan. The only mention of either party comes at the beginning: “If taxes on the rich go up, job creation will go down,” Hanauer says. “This idea is an article of faith for Republicans, is seldom challenged by Democrats, and has indeed shaped much of the economic landscape. But sometimes the ideas we’re certain are true are dead wrong.” http://www.washingtonpost.com/blogs/wonkblog/post/nick-hanauers-ted-talk-on-taxes/2012/05/17/gIQAXCncWU_blog.html
Saturday, May 11, 2013 11:06 AM
KWICKO
"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)
Saturday, May 11, 2013 2:17 PM
MAGONSDAUGHTER
Saturday, May 11, 2013 5:24 PM
JONGSSTRAW
Quote:Originally posted by Niki2: Instead, he noted that middle-class consumers are more likely to create jobs by spending and spurring businesses to hire.
Saturday, May 11, 2013 6:02 PM
1KIKI
Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.
Saturday, May 11, 2013 6:09 PM
Quote:Originally posted by 1kiki: Not that I expect you to be able to understand such a simple and historically validated concept Jongie, but other people might.
Saturday, May 11, 2013 6:14 PM
Saturday, May 11, 2013 6:23 PM
Quote:Originally posted by 1kiki: And that is the conundrum of capitalism. If the capitalists suck up a portion of the money every time the cycle goes around < work - goods - sales - profits > pretty soon the only ones with any money are the capitalists. No one has money to buy, and since no one is buying, no one invests in manufacturing. That's the boom and bust cycle western economies are so infamous for. Not that I expect you to be able to understand such a simple and historically validated concept Jongie, but other people might.
Saturday, May 11, 2013 6:30 PM
Saturday, May 11, 2013 6:37 PM
Quote:Originally posted by Kwicko: To paraphrase Maggie Thatcher, the problem with capitalism is that sooner or later, you run out of other people's money.
Saturday, May 11, 2013 9:29 PM
SIGNYM
I believe in solving problems, not sharing them.
Sunday, May 12, 2013 12:46 AM
KPO
Sometimes you own the libs. Sometimes, the libs own you.
Quote:Originally posted by Jongsstraw: Quote:Originally posted by Niki2: Instead, he noted that middle-class consumers are more likely to create jobs by spending and spurring businesses to hire. FIRST you need to have a job and earn money to be a middle-class consumer that spends money. He's got it ass-backwards. Must be an Obama economist.
Sunday, May 12, 2013 3:44 AM
Quote:Originally posted by Jongsstraw: Quote:Originally posted by Kwicko: To paraphrase Maggie Thatcher, the problem with capitalism is that sooner or later, you run out of other people's money. Except she never said that. The quote is about socialism, not capitalism. http://www.goodreads.com/quotes/138248-the-problem-with-socialism-is-that-you-eventually-run-out http://www.snopes.com/politics/quotes/thatcher.asp But then you know that.
Sunday, May 12, 2013 8:41 PM
Monday, May 13, 2013 4:55 AM
Monday, May 13, 2013 4:35 PM
Tuesday, May 14, 2013 2:40 AM
Wednesday, May 15, 2013 12:47 PM
Quote:Originally posted by SIGNYM: Is anyone stupid enough to think that the "job creators" lie awake at nights and think about how they're going to hire MORE people???
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