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Re: rooster post# 179571

Sunday, 10/07/2012 3:33:30 AM

Sunday, October 07, 2012 3:33:30 AM

Post# of 482611
rooster - read Nick Hanauer's ..

Raise Taxes on Rich to Reward True Job Creators:

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 ..
.. more .. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77528746

a 2nd time .. and now the reply to it re start-ups and job creation .. part-time contractors evermoreso
in these new business structure times .. i'm replying to yours here again because you actually
made an effort to reply to that one sensibly the first time .. an effort i gave you credit for here ..

we can read comments at Breitbart to see echo flam-flam like that one, and most others of yours ..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80287824

note the "most others" .. leaving some you make a decent effort with, as the one i'm replying to here ..


It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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