Top Nick Hanauer Quotes - Quotesmemo.com

Nick Hanauer Biography

Nick Hanauer is an American entrepreneur and venture capitalist.

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Nick Hanauer Quotes

The overtime threshold is to the middle class as the minimum wage is to low-wage workers.

Class, Middle, Minimum, Minimum Wage, Overtime

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. And all of a sudden, not just business thrives, but small business thrives.

Flower, Gym, Mom, Mother, Restaurants, Things

When businesspeople take credit for creating jobs, it's a little like squirrels taking credit for creating evolution. In fact, it's the other way around.

Creating, Jobs, Squirrels, Take, Way

But can we please stop insisting that if low-wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse? There is no evidence for it. The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.

Economics, Littles, Minimum Wage, Thing, Unemployment, Wage

Now one person doing the job of one and a half. So as an employer I can get two people to do the work of three, and think about what that does for profits.

Jobs, People, Person, Think, Thinking, Two

If it was true that lower taxes for the rich and more wealth to the wealthy leat to job creation, today we would be drowning in jobs.

Drowning, Jobs, Lower, Today, True, Would Be

I think the idea that giant profitable corporations should pay their workers enough so that they don't need food stamps - since when is that left wing? How did that become "leftie?" That doesn't seem leftie to me. That seems common sense.

Become, Giant, Ideas, Pay, Thinking, Wings

You can go back 150 years and literally find the same people saying the same thing in the same way. "If we have to pay you more, it will be bad for you. " And that's because saying that is a much more polite way of saying, "I'm rich, you're poor, and I would prefer to keep it what way. "

150, Pay, People, Rich, Years

The most pro-business thing you can do is to help middle-class people thrive.

Class, Helping, People, Thing, Thrive

I was at the forefront of the effort to pass $15 minimum wage in Seattle, and have been collaborating with the people who are trying to make that happen across the country.

Country, Effort, Minimum, Pass, People, Wage

My message is that the counterclaim - which is that if wages go up, employment will go down - is a scam. It's a con job. It's an intimidation tactic. There is absolutely no evidence anywhere that it's true. On the contrary, where you find high wages you usually find low unemployment.

Jobs, Low, Scam, Unemployment, Usually, Wages

The idea that high wages equals low employment, it's absurd.

Employment, High, Ideas, Low, Wages

The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages equals low employment, it's absurd.

Businesses, Capitalism, Ideas, Law, Needs, Wages