Nick Hanauer Quotes
There is no earthly reason why Walmart and McDonald's and Walgreens and these other giant, profitable institutions should have one worker in need of public assistance. It's ridiculous.
Citations
Hanauer, Nick. Pitchfork Economics, Civic Ventures.
Related Quotes
The argument here is that since the poor working class wages are so low, that they cannot save for an emergency, therefore the society must provide for welfare for those who might otherwise starve.
The working and middle class wages and other income had been static for over 20 years while the wealthy had theirs increase several fold. The “rising tide” only lifted the largest boats.
Nicolas Joseph Hanauer is an American entrepreneur and venture capitalist.