Nick Hanauer, Elites & Failure of Trickle-Down Economics

May 29, 2012

On the heels of his TED talk controversy, venture capitalist, entrepreneur and author Nick Hanauer (@NickHanauer) discusses the failed thinking behind trickle down economics, why traditional models of economic measurement don’t work and why his message won’t win him popularity among elites.  His New Patriot Network was founded with Eric Liu and their latest book is The Gardens of Democracy: A New American Story of Citizenship, the Economy, and the Role of Government.  Click thru for links and updates.  Use this post as today’s thread.

Past Episodes

It's Emmajority Report Thursday on the Majority Report On today's program: As members of the Trump administration revive Iraq War–era justifications for an invasion of Venezuela, Trump himself cuts through the spin and openly admits he wants the country’s oil. Rep Nydia ...
It's Hump Day on the Majority Report: On today's program: At a House Rules Committee hearing, Rep Jim McGovern (D-MA) highlights how many times Donald Trump has promised to unveil a health care plan going back 2015. At the same hearing, Rep Chip Roy (R-TX) has a melt down over the ...
It's News Day Tuesday on the Majority Report On today's program: The Bureau of Labor Statistics has released its November data, showing negative job growth in three of the past six months, alongside the lowest unemployment rate since 2021. Keep in mind that Donald Trump fired much of the BLS ...