Tornado Alley (PROG)

[fuagf]

mickeybritt, more Nick Hanauer

Raise Taxes on Rich to Reward True Job Creators: Nick Hanauer
By Nick Hanauer Dec 1, 2011 11:01 AM ET .. bits ..

I’m a very rich person. As an entrepreneur and venture capitalist, I’ve started or helped get off the ground dozens of companies in industries including manufacturing, retail, medical services, the Internet and software. I founded the Internet media company aQuantive Inc., which was acquired by Microsoft Corp. (MSFT) in 2007 for $6.4 billion. I was also the first non-family investor in Amazon.com Inc. (AMZN)

Even so, I’ve never been a “job creator.” I can start a business based on a great idea, and initially hire dozens or hundreds of people. But if no one can afford to buy what I have to sell, my business will soon fail and all those jobs will evaporate.

That’s why I can say with confidence that rich people don’t create jobs, nor do businesses, large or small. What does lead to more employment is the feedback loop between customers and businesses. And only consumers can set in motion a virtuous cycle that allows companies to survive and thrive and business owners to hire. An ordinary middle-class consumer is far more of a job creator than I ever have been or ever will be.

continued: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69590223 ..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80287856

Note: Hanauer was snuggled into one of F6's mammoths .. lol .. the link is in there someplace .. :)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83623185

One other

In F6's December 2011 headed A Christmas Message From America's Rich Nick Hanauer is quoted .. the 3rd down ..

Bankers Join Billionaires to Debunk ‘Imbecile’ Attack on Top 1% .. a bit ..

Not all affluent Americans are on the defensive. Billionaire Warren Buffett, 81, chairman and CEO of Berkshire Hathaway Inc., has called for increasing taxes on the wealthy, as has Patriotic Millionaires, a group whose supporters include Ask.com co-founder Garrett Gruener and Peter Norvig, director of research at Google Inc., according to its website.

“Rich businesspeople like me don’t create jobs,” Nick Hanauer, co-founder of aQuantive Inc., an online advertising company he sold to Microsoft Corp. for about $6 billion, wrote in a Dec. 1 Bloomberg View article. “Let’s tax the rich like we once did and use that money to spur growth.”
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70282745

Hanauer is also linked in

The Obama Boom
"The Banality of Trumpism .. Paul Krugman"
Paul Krugman JAN. 11, 2016
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119763464

All that to supplement Maria56's reply
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125420676 .. which in itself was a total rebuttal of yours.

Bottom line: consumers create jobs.