The pitchforks will come for us – Nick Hanauer
April 1st, 2015
Heard through @gamecounsel
“We plutocrats need to get this trickle down economics thing behind us, this idea that the better we do, the better everyone else will do. It’s not true. How could it be? I earn 1000 times the median wage. But I do not buy a 1000 times as much stuff do I? […] Can we please stop insisting that low wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse. There is no evidence for it.”
Nick Hanauer was interviewed in the BBC two part series The Super-Rich and Us at 27:05 (skip the ad after four seconds and the video will jump to 27:05) Now blocked by copyright issues.