Nick Hanauer
![Nick Hanauer](/assets/img/authors/nick-hanauer.jpg)
Nick Hanauer
Nick Hanaueris an American entrepreneur and venture capitalist living in Shoreline, Washington...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
earning eat federal flowers good gym minimum mom piano raise sending taking wage yoga
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.
higher keeps leverage pushing tricks wages work
The higher the unemployment rate, the more leverage I have to 'encourage' you to 'do what it takes' to keep your job. And so you work even more hours, pushing unemployment up and wages down. And that, my friends, is one of the little tricks that keeps you poor and me rich.
convinced falsely job main people persuaded schooling simply society
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.
earthly profitable public worker
There is no earthly reason why Walmart and McDonald's and Walgreens and these other giant, profitable institutions should have one worker in need of public assistance. It's ridiculous.