REAL WORLD EVENT DISCUSSIONS

One more time: The rich are NOT the job creators

POSTED BY: NIKI2
UPDATED: Wednesday, May 15, 2013 12:47
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VIEWED: 973
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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_15244
35.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-ta
lk-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?

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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)


Those so-called "job creators" have a vested interest in keeping jobs scarce, so they can drive down wages, do away with overtime pay for hours worked, bust up unions, and force people to work far more for far less.



"I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero

"I was wrong" - Hero, 2012

Mitt Romney, introducing his running mate: "Join me in welcoming the next President of the United States, Paul Ryan!"

Rappy's response? "You're lying, gullible ( believing in some BS you heard on msnbc ) or hard of hearing."

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Saturday, May 11, 2013 2:17 PM

MAGONSDAUGHTER


Thanks niki. Pretty much my take on how things work, and why austerity measures have been a disaster for economies. You need people to be able to spend in a capitalist system, lots of people. It's why America's economy traditionally has been strongest, you had a large base of consumers with high spending power. Once that gets eroded, the economy spirals down.

Good to hear this from a rich guy.

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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.


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.

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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.


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.



ENJOY YOUR NEXT FOUR YEARS!

HAHAHAHAHAHAHAHAHAHAHAHAHA - HERE'S LAUGHING AT YOU KID!

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Saturday, May 11, 2013 6:09 PM

JONGSSTRAW


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.


And I would expect that Kuku's monthly visitor would leave the house sometimes. Sorry you're so cursed with it.

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Saturday, May 11, 2013 6:14 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.


I see you failed to grasp the concept, or reply with anything at all remotely relevant to the topic. About what I expected of you. Say hi to your pal little rappy. I expect the two of you are going to be spending a lot of time telling each other how right you are. I hope you think well of his opinion. It's all you're going to have to go on.



ENJOY YOUR NEXT FOUR YEARS!

HAHAHAHAHAHAHAHAHAHAHAHAHA - HERE'S LAUGHING AT YOU KID!

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Saturday, May 11, 2013 6:23 PM

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)


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.




To paraphrase Maggie Thatcher, the problem with capitalism is that sooner or later, you run out of other people's money.

Jongsie still labors under the delusion that only rich people start businesses or create jobs, and middle class people and small business owners have never hired anyone in this country.

If tax breaks for "job creators" are the key to employment, why is unemployment so high while corporate taxes are at historic lows? If lower taxes meant more jobs, shouldn't we have seen an explosion of job growth from 2001 to today, instead of the near-record low unemployment numbers enjoyed during the tenure of a tax-n-spend liberal like Bill Clinton?



"I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero

"I was wrong" - Hero, 2012

Mitt Romney, introducing his running mate: "Join me in welcoming the next President of the United States, Paul Ryan!"

Rappy's response? "You're lying, gullible ( believing in some BS you heard on msnbc ) or hard of hearing."

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Saturday, May 11, 2013 6:30 PM

JONGSSTRAW


I haven't failed to grasp the historically valid point that Kuku has an Occutard mentality.

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Saturday, May 11, 2013 6:37 PM

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-t
hat-you-eventually-run-out


http://www.snopes.com/politics/quotes/thatcher.asp

But then you know that.

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Saturday, May 11, 2013 9:29 PM

SIGNYM

I believe in solving problems, not sharing them.


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???

BWAHAHAHAA! Of course they're not!

And, have simple concepts like supply and demand left Jongsstraw in the dust again?? Oh dear. Someone needs to stand in the pissy-smelling corner with rappy, where facts dare not tread. Jongsstraw... please go keep your idiot friend company. (With apologies to idiots everywhere.)

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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.


I think you've misunderstood his point Jongs. What you're saying doesn't disagree with what he's saying.

It's not personal. It's just war.

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Sunday, May 12, 2013 3:44 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)


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-t
hat-you-eventually-run-out


http://www.snopes.com/politics/quotes/thatcher.asp

But then you know that.





But then, I also know what the word "paraphrase" means, which is why I used that word, on purpose.



"I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero

"I was wrong" - Hero, 2012

Mitt Romney, introducing his running mate: "Join me in welcoming the next President of the United States, Paul Ryan!"

Rappy's response? "You're lying, gullible ( believing in some BS you heard on msnbc ) or hard of hearing."

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Sunday, May 12, 2013 8:41 PM

SIGNYM

I believe in solving problems, not sharing them.


I'm beginning to think that Jongsstraw is joining 6IX at the bottom of a bottle. Again.

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Monday, May 13, 2013 4:55 AM

NIKI2

Gettin' old, but still a hippie at heart...


What's the "Kuku" shit? Sounds like he's talking about menstruation...is he that bad off?


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Monday, May 13, 2013 4:35 PM

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)





Yup, he's off his meds, and apparently back on the meth.

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Tuesday, May 14, 2013 2:40 AM

NIKI2

Gettin' old, but still a hippie at heart...


Yeah, I saw another one where he mentioned "ovulation"...I have no idea what he's going on about. Weird...

As to the slathering of posts; hey, if he's having fun, that's no skin off my nose. I've run through his little threadfest, read the ones that interest me, will reply to any I think worth discussing, and at least he sent some PN shit down the list. Weird; I think he gets the all-time prize for Most Threads Put Up In One Day, but beyond that, eh...


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Wednesday, May 15, 2013 12:47 PM

MAGONSDAUGHTER


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???



The wealthy usually only create jobs to create more wealth. Any one listening to the Right in the US would think they are doing it all for altruism.

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