Rich People Aren't Job Creators - The TED talk that TED wouldn't play

Nick Hanauer's TED Presentation About Why Rich People Aren't Job Creators was initially withheld from publication. So now it's up to others to make sure the message keeps getting repeated.

Wealth concentration reduces total consumption (because the wealthy cannot actually consume as high a multiple as they earn and so just buy land and hoard capital rather than creating jobs by consuming goods and services).

One Response to “Rich People Aren't Job Creators - The TED talk that TED wouldn't play”

  1. alQpr » Blog Archive » Yes We Do (Have to Raise Taxes on the Rich) Says:

    [...] arguments in Reich’s video on the topic, like those of Nick Hanauer’s TED talk which I linked to previously seem almost too simple to be true (“If it was that simple why were we fooled for [...]

Leave a Reply