Archive for December 17th, 2011

December 17, 2011

The Daily Scoop: 3 Articles – Why the Rich do not Create Jobs

Today, The Daily Scoop offers 3 articles, well 2 articles and a rebuttal to those who continue to present arguments in favor of Trickle-Down economics. The first, entitled, Raise Taxes on Rich to Reward True Job Creators is by Nick Hanauer a millionaire venture capitalist who founded the Seattle-based firm Second Avenue Partners, which helped launch more than 20 companies, including Amazon.com.

The second is a summarization of the Hanauer’s article which elaborates on a few other perspectives. The third is a rebuttal offered to those who cite the Giants of Silicon Valley as evidence that the rich do indeed create jobs.

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