2977 - Rich people don't create jobs

You've probably heard this theme before about rich people not creating jobs. Well here is a TED TALK where a billionaire verifies that. The funny thing is that someone doesn't want you to see this TED Talk. For some reason this has been taken off the TED website.

But someone copied it before it was taken down and is trying to spread it around. It's only 6 minutes.



More Nick Hanauer on TED.

And then I did some more investigation came up with this from a TED Talk person...

…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 left-leaning ideas) gave it, on average, mediocre ratings.

Well, even if this is mediocre I don't think this concept can be talked about enough.