A Quote by Nick Hanauer

Prosperity isn't something that squirts out of rich people. — © Nick Hanauer
Prosperity isn't something that squirts out of rich people.
Real prosperity comes from everybody in the country working together in a growth mode. Real prosperity comes as a result of people's own initiative and efforts and so forth. Prosperity, if it comes from the government, is not prosperity. It's an existence or a subsistence or whatever, but it isn't prosperity.
There's always a mismatch. I mean, you know, as the economy evolves, it reallocates resources. Now, the real problem, in my view, is - this has been - the prosperity has been unbelievable for the extremely rich people. If you go to 1982, when Forbes put on their first 400 list, those people had $93 billion. They now they have $2.4 trillion, 25 for one. That is - this has been a prosperity that's been disproportionately rewarding to the people on top.
Hillary Clinton would raise taxes on so-called rich people, corporations, capital gains, financial transactions, and inheritance. Has there ever been an example where America has taxed its way into prosperity? Never. Trump has an economic-recovery-and-prosperity plan. Clinton has an austerity-recession plan.
There is something about prosperity that brings out the worst in some people.
I said I didn't think it would be a collectivist state so much as a wilderness in which most people lived hand to mouth, and the rich would live like princes - better than the rich had ever lived, except that their lives would constantly be in danger from the hungry predatory poor. All the technology would serve the rich, but they would need it for their own protection and to assure their continued prosperity.
A rich, robust, well-resourced public education is one of the best routes out of poverty and a pathway to prosperity.
As capitalism falters, the rich move their money out of the country, violence increases, and politicians promising prosperity are elected.
Without peace there can be no prosperity for any people, rich or poor. And yet, there can be no peace without erasing the harshness of the growing contrast between the rich and the poor.
Let me give you really bad news, and I'm sure people will demonize me for saying this: the rich are always gonna be with us. They will always be with us. There are rich people in Cuba. There are rich people in Venezuela. You pick the policies, and the rich are gonna figure it out. They're always gonna be rich.
We became enthralled with the view that wealth trickled down from the top and that if you poured money into rich people, sort of like an ingredient, prosperity and jobs would squirt out of them like donuts. And if you understand economies in the 19th-century way, that view is plausible, and I think a lot of people accepted it.
The first theory is that if we make the rich richer, somehow they will let a part of their prosperity trickle down to the rest of us. The second theory was the theory that if we make the average of mankind comfortable and secure, their prosperity will rise upward through the ranks.
There is no secret to how to attain prosperity. The Universe supports and rewards us for taking risks on things that matter to the Universe. When we remember this, the mysteries about prosperity disappear, and prosperity stands explained. Prosperity will then manifest itself easily provided the Universe agrees that we are doing the right things in our lives to deserve this prosperity.
I don't care whether something makes one dollar or a trillion because guess what? I don't know many happy rich people. And I know a lot of rich people.
Prosperity in human society is misunderstood. The difference between a rich and poor society is the number of problems that society solves for its citizens. That means technological innovation is the source of all prosperity, but with every tech innovation, you also get disruption - ultimately, social and civic disruption.
Asia is rich in people, rich in culture and rich in resources. It is also rich in trouble.
In an overly materialistic world, prosperity is unfortunately and invariably associated with hoards of money and countless possessions. Yet to the truly prosperous people of this world, prosperity is prosperity in its purest and original sense. Prosperity comes from the Latin word "spes", which means "hope and vigor." To the truly prosperous person, being prosperous means being positive and happy in the moment.
This site uses cookies to ensure you get the best experience. More info...
Got it!