Phrase by 'Nick Hanauer'
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Middle-out economics rejects the old misconception that an economy is a perfectly efficient, mechanistic system and embraces the much more accurate idea of an economy as a complex ecosystem made up of real people who are dependent on one another.
Author: Nick Hanauer - American BusinessmanPeople , Old , Real , Economics
The middle class creates us rich people, not the other way around.
Author: Nick Hanauer - American BusinessmanPeople , Way , Class , Rich
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.
Author: Nick Hanauer - American BusinessmanYou , Name , Job , Rich
The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to the gym or the yoga studio. They're not sending mom flowers on Mother's day. What good is this person in the economy? If you raise it to $15 an hour, they're doing all of those things.
Author: Nick Hanauer - American BusinessmanYou , Day , Good , Mother
The theory that if wages go up, employment goes down isn't a physical law like F=MA. It's a moral law, like 'Bedtime is 9:00 P.M.'
Author: Nick Hanauer - American BusinessmanMoral , Go , Down , Law
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.
Author: Nick Hanauer - American BusinessmanPeople , Society , Job , Rich