Upload

Loading icon Loading...

This video is unavailable.

Nick Hanauer, billionaire, tells us that the real job creators are the middle class, NOT the rich

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like Tony Pirog's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike Tony Pirog's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add Tony Pirog's video to your playlist.

Published on May 19, 2012

Their slogan is "ideas worth spreading." But the folks at TED -- the Technology Entertainment and Design nonprofit behind the TED Talks, beloved by geeks and others interested in novel new ideas -- evidently think that some ideas are better left unspread. At least when the ideas in question challenge the conventional wisdom that rich enterpreneurs are the number one job creators.

This past March, millionaire tech investor and entrepreneur Nick Hanauer -- one of the early backers of Amazon.com -- gave a talk at a TED conference in which, among other things, suggested that middle-class consumers, not rich people, are the real job creators -- and that because of this rich people should be paying more in taxes. Though the talk drew applause from conference attendees at the time, TED Talk curator Chris Anderson decided it wasn't worth sharing with the wider world, and refused to post it on TED's website.

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

The interactive transcript could not be loaded.

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.

Loading icon Loading...

Advertisement
Loading...
Working...
to add this to Watch Later

Add to