“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. There can never be enough super-rich Americans to power a great economy. I earn about 1,000 times the median American annually, but I don’t buy thousands of times more stuff. My family purchased three cars over the past few years, not 3,000. I buy a few pairs of pants and a few shirts a year, just like most American men. I bought two pairs of the fancy wool pants I am wearing as I write, what my partner Mike calls my “manager pants.” I guess I could have bought 1,000 pairs. But why would I? Instead, I sock my extra money away in savings, where it doesn’t do the country much good.”
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The Pitchforks Are Coming… For Us Plutocrats - Nick Hanauer - POLITICO Magazine
Not a Nick Hanauer fan, and there are things in this post that set my teeth on edge, but there’s also a lot I agree with.
And while I know a few hyperwealthy people who might (or do) agree with all the sentiments here, it takes a certain conviction to state it publicly.
Worth reading the whole thing, and then forgetting a few really gross parts in the middle.
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