Thom Hartmann: Debunked: The Myth of the 1% Job Creator

[thomhartmann]

Isn't it time to ditch this bizarre economic philosophy that "only the rich can save the middle class?"

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings

[rtracey]

1. Job creators

The rich may own the business, but the true job creators are the middle class workers. Think about it this way. What would happen if the working class, middle class workers didn't buy the products. The warehouses would stay full, the workers would be layed off, or fired completely, and the rich owners would not make money from their products. When the middle class is spurred on to buy, then the warehouses become empty, and the companies need to hire workers to fill them. So long story short MIDDLE CLASS WORKERS ARE THE JOB CREATORS.

[99th_Monkey]

2. I hope Thom has seen this famously "banned" TED talk

that was temporarily "banned" by TED Talks itself, until public
pressure and embarrassment reversed that decision. This
guy is a 1%-er who completely devastates the "job creator"
meme in just under 6 minutes in language that even a 5th
grader could understand.

[U of M Dem]

3. I think he has...

http://www.democraticunderground.com/101730827

[99th_Monkey]

4. Cool. Thanks for the link.

I really like how the billionaire likens the ECOnomy to and
ECOsystemic feedback loop, between workers, investors
and consumers; and that ALL sectors need to be honored
and given a fair share of the pie, or else the markets get
distorted and disabled.