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Showing blog posts tagged with Nick Hanauer

Capitalist Calls for $15/Hour Minimum Wage

Donna Jablonski | Economy

Capitalist Calls for $15/Hour Minimum Wage

Guess who’s calling for a $15-an-hour minimum wage ? A self-proclaimed capitalist.

Entrepreneur and venture capitalist Nick Hanauer made our case for a minimum wage increase yesterday in Bloomberg .

“The fundamental law of capitalism,” he says, “is that if workers have no money, businesses have no customers.”

Read more and comment »

Romney Crony: Income Inequality Is Good

Tula Connell | Economy

Inequality.org

The nation’s growing income inequality recently has generated considerable attention—and has sparked a backlash by billionaires. TED’s Chris Anderson showed what a hot button issue it is when he tried to repress a video talk on the subject by venture capitalist Nick Hanauer. Hanauer, like billionaire investor Warren Buffett, supports increasing taxes on corporations and wealthy individuals for the good of the nation. Buffett and other billionaires have joined forces in a new pro-tax-increase-for-the-rich organization to assert: “ We are the 1 percent, we stand with the 99 percent .”

Now the issue has hit the presidential campaign trail.

Read more and comment »

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Sytem overhead
Fetch class attribute can translate value0.0068 sec0.3866%150.0005 sec
Fetch class attribute name0.0102 sec0.5822%310.0003 sec
XML
Image XML parsing0.0113 sec0.6433%150.0008 sec
General
String conversion0.0000 sec0.0009%30.0000 sec
dbfile0.0032 sec0.1814%950.0000 sec
Total script time:1.7560 sec