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You know that TED talk you weren't supposed to see? I'll just leave this here.

After earning his Philosophy degree from the University of Washington, Nick Hanauer got his business start at the family-owned Pacific Coast Feather Company, where he continues to serve as Co-chair and CEO. In the 1980s he co-founded Museum Quality Framing Company, which has become a large West-Coast franchise.

In the 1990s, Hanauer was one of the first investors in Amazon.com (where he served as adviser to the board until 2000). He founded gear.com (which eventually merged with Overstock.com) and Avenue A Media (which in 2007, under the new name aQuantive, was acquired by Microsoft for $6.4 billion).

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Added: May-20-2012 
By: gregsto
In:
Politics, Other
Tags: nick hanauer, ted, taxes, jobs
Location: United States (load item map)
Views: 3349 | Comments: 54 | Votes: 17 | Favorites: 6 | Shared: 93 | Updates: 0 | Times used in channels: 2
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  • Comment of user 'Univert' has been deleted by author (after account deletion)!
    • Comment of user 'dkast' has been deleted by author (after account deletion)!
  • outstanding logic

    Posted May-20-2012 By 

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  • Economics is a "What came first, Chicken or the Egg" argument.

    Do Rich people create jobs or do Consumers create rich people? Both are true and they need each other.

    Posted May-20-2012 By 

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  • Comment of user 'dkast' has been deleted by author (after account deletion)!
  • Comment of user 'Zardoz003' has been deleted by author (after account deletion)!
  • meh the only jobs consumers create in America are the minimum wage jobs of those who work in the stores because everything is pretty much made out of country anyways.

    phd level fail, go back to the cocktail party TED.

    Posted May-20-2012 By 

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    • Comment of user 'dkast' has been deleted by author (after account deletion)!
    • @dkast

      Manufacturing is where its at, git. How do you think that management/payscale pyramid stacks up? Of the 1.4 million people working at walmart, how many do you think make even 24k a year? I don't live in isolation I live in a country that has been raped by globalism and which taxes the fuck out of the "rich" (250k-1000k) but which the super-rich (tens of millions of dollars a year) simply bypass almost entirely.

      Posted May-20-2012 By 

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    • Comment of user 'dkast' has been deleted by author (after account deletion)!
    • Comment of user 'Zardoz003' has been deleted by author (after account deletion)!
    • @dkast

      Don't be stupid, American manufacturing jobs are where it is at because these were the jobs that established and maintained the American middle class- when those jobs disappeared so to did the American middle class. I think you are the one that is ten because you don't remember this happening. If you are young, go ahead and read an actual fucking book about industry in America.

      Posted May-22-2012 By 

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  • Comment of user 'DirtyUncleBerty' has been deleted by author (after account deletion)!
    • Comment of user 'DirtyUncleBerty' has been deleted by author (after account deletion)!
  • Its this systemic corruption and inbalance that the occupy protestors were trying to highlight and change. It's not a case of 'I have no money, give me your money' that so many on here would like to think it was. On top of this, the taxes the masses pay are used to fund both the deconstruction and reconstruction of certain countries to control natural resources. All of which profits the rich without trickling down. The bank bailouts are the worst aspect, because banking for profit is morally wro More..

    Posted May-20-2012 By 

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  • Comment of user 'dkast' has been deleted by author (after account deletion)!
  • It takes an idea to make the job opening, plus trusting consumers to fund it further. Blah.

    Posted May-20-2012 By 

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  • I don't care if the man is gay, if he is or isn't, if a person has a fundamental idea that will change lives, they ought to push it, to the death. Speeches for $20,000 a pop change nothing at all. Unless this guy puts his money where his muth is, it's cocktail talk idnt it!

    Posted May-20-2012 By 

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  • Comment of user 'MB-UK' has been deleted by author (after account deletion)!
    • Comment of user 'dkast' has been deleted by author (after account deletion)!
    • @dkast

      Funny. The rich don't create more jobs because they buy more crap like this knucklehead claimed. The rich fund those who create more jobs. They provide the liquidity that runs our economy.

      Without investment nothing gets started.

      Posted May-20-2012 By 

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    • Comment of user 'dkast' has been deleted by author (after account deletion)!
    • @dkast

      Chicken or the egg.

      Without investment and liquidity there would be no products for the middle class to consume.

      Posted May-20-2012 By 

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    • Comment of user 'dkast' has been deleted by author (after account deletion)!
  • thanks captain obvious

    Posted May-20-2012 By 

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  • Voted! He's right;to a certain extent though. I had to hire extra people for order fulfillment during a huge spike in demand for off-road products in March of 2011. Even though I had to pay out hourly wages and provide training, I still would not have had the time to produce said orders.

    These individuals still work for me and I couldn't be happier with the progress we have made as a team. I am a job creator.

    Posted May-20-2012 By 

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  • BRILLIANT!

    Many of the usual suspects here will have their heads explode, they have bought into the lie, and their dogma will never allow them to see the unvarnished truth here.

    Their Gods at Fox News say it's different, and so it must be.

    The rich do NOT create jobs, in fact the opposite is the case.

    Our country is going down the drain, cheered on by FNC, it's sycophantic and easily led lemmings, SCOTUS and Super PAC's.

    Nero is fiddling while Rome burns, as it were.

    Posted May-20-2012 By 

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    • @BunkerGearGal
      Brilliant? BRILLIANT!? Really?

      That is the weakest case against lower taxes I have ever heard. His only point, is that if you don't agree with him you are an idiot.

      That was his case. Honestly, that is the typical American Liberal/Socialist argument is "Hey, I am so smart that if you don't agree with with me then you must be dumb."

      Posted May-20-2012 By 

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    • @Flashovr

      My favorite part of this 'highly technical economics lesson' is his description of how things really work -- 'circle-of-life feedback loop' LOL

      Posted May-20-2012 By 

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    • Comment of user 'dkast' has been deleted by author (after account deletion)!
  • On the surface of the earth, higher population densities have higher tax rates. The population of the earth is increasing. Tax rates are increasing.

    Posted May-20-2012 By 

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  • Beautiful...

    Posted May-20-2012 By 

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  • Vote Ted 2012! I may be poor but I can still dream.

    Posted May-20-2012 By 

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  • Excellent post, voted.

    Posted May-20-2012 By 

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  • he's right. i have no perfect solution though. ron paul has a solution but it's akin to pulling a knife right out of a stab wound.

    Posted May-20-2012 By 

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  • Thanks for this.. been waiting to see it.

    Posted May-21-2012 By 

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  • If the US eliminated corp tax we'd see well over a trillion dollars of capital return to the US from overseas. Money, like water, always finds the path of least resistance.

    If you over burden the rich with taxes then their money will flee the US. The rich already pay their fair share, well over 50% of all taxes total. The majority of Americans pay no tax at all. A balance must be found.

    Posted May-20-2012 By 

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  • well said.

    Posted May-20-2012 By 

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  • I have a question.
    With all the profits he didn't redistribute to his employees, he invested it in other companies and accepted the profits from their success and sales.
    Why is he keeping control of those profits instead of giving it to other people who deserve it more, and have needs equal or great to, his?

    He's a hypocrite elitist. I say we burn him at the stake for his economic crimes. Three cars? I bet they are expensive foreign ones. He should take mass transit, or bike, to his cubicle. I More..

    Posted May-20-2012 By 

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    • @grunt did you even research the finances of his companies? you make a shitload of assumptions in your comment. maybe you're right, maybe you're not. it would be nice to at least have something to back up all those words though.

      Posted May-20-2012 By 

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  • It was not Censored. The guy was just an Idiot.

    Explained Here.

    TED curator Chris Anderson went to his blog to explain why Hanauer’s talk, despite tapping into some timely and pressing issues, wasn’t picked:

    …it framed the issue in a way that was explicitly partisan. And it included a number of arguments that were unconvincing, even to those of us who supported his overall stance. The audience at TED who heard it live (and who are often accused of being overly enthusiastic about lef More..

    Posted May-20-2012 By 

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