"Raising Wages Kills Jobs" and Other Lies From the 1%

Forward

Humanity Forward Productions

Society & Culture

4.8 • 3.2K Ratings

🗓️ 18 December 2023

⏱️ 49 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you've heard the phrase "raising wages kills jobs," you've heard the latest in a long line of lies from the rich designed to masquerade self-serving policies in pro-social language. Nick Hanauer debunks six such lies: Denial, The Free Market Knows Best, It's Your Fault Not Mine, It's a Job Killer, You'll Only Make It Worse, and It's Socialism. Nick and Andrew talk about the fight for a $15 minimum wage, the real reason we have a federal deficit, and a new school of economics called Market Humanism. Watch this episode on YouTube: https://youtu.be/roAoZ9Zape8 Corporate Bullsh*t - https://amzn.to/3uUMKEX Follow Nick Hanauer: https://nickhanauer.com | https://twitter.com/NickHanauer Follow Andrew Yang: https://andrewyang.com | https://twitter.com/andrewyang To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	This week on forward.
0:04.0	inequality is much more than an economic inconvenience for the people who aren't well treated.
0:12.0	It shreds the reciprocity norms
0:14.7	that make social cohesion and democracy possible.
0:18.0	And that's why our politics is so screwed up today
0:21.5	is that they have been exploited in a really pretty
0:27.1	terrible way for the last 30 or 40 years and many many of them have lost faith in democracy and government for reasonable reasons.
0:39.2	If you think you've been screwed, you have probably right. You probably right. And if you're angry at government for letting
0:46.6	that happen, you have an absolute right to feel that way. It is my pleasure to welcome back to the podcast the people's billionaire
1:06.6	man behind the fifteen dollar minimum wage and lots of people lots of
1:11.1	lots of parts of the country and co-author of the new book Corporate
1:16.0	Bullshid Exposing the lies and half truths that protect profit, power, and
1:20.2	wealth in America. If anyone would know it's Nick Henauer. Welcome back Nick.
1:24.0	Thank you for that kind and embarrassing introduction.
1:29.0	Appreciate it. How are you?
1:30.0	You deserve the mantle. I still vividly remember reading the article like the pitchforks are coming for us
1:37.8	and being like, wow, this guy is really with it. He really gets it. You've also been quoted as saying, look, how many pairs of
1:46.5	pants can I buy? Like saying that I'm a billionaire I'm to somehow like create all this these jobs it's like well you know
1:55.6	that's not quite how it works it's all like I'm going to corner the market in trousers and create all these jobs.
2:04.0	So, congrats on the amazing progress you made.
2:09.6	Let's talk a little bit about the fight for 15 because I think that's for sure
2:14.0	anyway is a super relevant story for the book and will help people get to know what
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