Thursday, May 4, 2017

To Change for the Better - Think Different


Who creates jobs?
Many years ago, I remember reading that wealthy people created jobs. They invested wealth into businesses and hired people to make products for sale.

Today, I know better. I personally have learned through years of experience helping entrepreneurs create businesses the real answer to the question: Who creates jobs.

I learned that customers create jobs.

While my life-long friends certainly did create their businesses, managed them, expanded them and grew them into successes, they could not have done so without customers. Customers bought the products and services my friends offered because they met their needs. My friends are savvy businessmen. They knew they could become successful beyond their wildest dreams by meeting the needs of their customers. And, they did.

Along the path to meeting their customers’ needs, countless excellent, well-paying jobs were created. Customers received the goods and services they needed; employees got jobs; franchisees built their own businesses; and investors and shareholders realized tremendous return on their investments.

That’s how our economic system works.
The “trickle-down”, massive tax breaks for the super-wealthy .01% does not make our economy work.

It’s time to put aside the myth that trickle-down economics will create jobs. It never has and never will. It's time to make the system work for you, your children and grandchildren.

Tine to think different. Understand… and most importantly make those office-holding political people understand… that our 2017 economy is a complex, adaptive ecosystem. It's easier to understand than you might imagine.

If you employ people, pay them a living wage so they can buy your goods.

A Threat, Not a Theory, Nick Hanauer, summer 2016, www.democracyjouranl.org
"It’s simply not true that as wages go up, jobs go down. But trickle-downers need people to believe it."

The Gardens of Democracy: A New American Story of Citizenship, the Economy, and the Role of Government, Eric Liu, Nick Hanauer, PBS, Charlie Rose, Part 1


Charlie Rose Part 2
Charlie Rose Part 3

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