Best quotes by Nick Hanauer on Rich

Checkout quotes by Nick Hanauer on Rich

• ‟ The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.

  - Nick Hanauer
  

• ‟ The middle class creates us rich people, not the other way around.

  - Nick Hanauer
  

• ‟ When you have a tax system in which most of the exemptions and the lowest rates benefit the richest, all in the name of job creation, all that happens is that the rich get richer.

  - Nick Hanauer
  

• ‟ We rich people have been falsely persuaded by our schooling and the affirmation of society, and have convinced ourselves, that we are the main job creators. It's simply not true.

  - Nick Hanauer
  

• ‟ Prosperity isn't something that squirts out of rich people.

  - Nick Hanauer
  

• ‟ Prosperity in human society is misunderstood. The difference between a rich and poor society is the number of problems that society solves for its citizens. That means technological innovation is the source of all prosperity, but with every tech innovation, you also get disruption - ultimately, social and civic disruption.

  - Nick Hanauer
  

• ‟ The thing about us businesspeople is that we love our customers rich and our employees poor.

  - Nick Hanauer
  

• ‟ We became enthralled with the view that wealth trickled down from the top and that if you poured money into rich people, sort of like an ingredient, prosperity and jobs would squirt out of them like donuts. And if you understand economies in the 19th-century way, that view is plausible, and I think a lot of people accepted it.

  - Nick Hanauer