TED Talk - Nick Hanauer on Job Creation

[spaceguy]

Kasz216 said:

It's pretty silly.

It ignores the fact that consumer demand is mostly driven by products.

And the statistics he uses are that of the flawed "Household" income versus "Personal Income"

His unemployment rate graph numbers are... just wrong. Which is confusing. He has unemployment going straight up... never down Which isn't true. It went down at points.

http://www.infoplease.com/ipa/A0104719.html

He also starts his numbers in 1995 because well... any number before that would make him look bad.

He also doesn't seem to understand that if the average household income increased... so would inflation. Resulting in well... basically no change.

So I can see why the TED originally didn't want to release it.

Data cherrypicked, and even then just factually wrong to make an unsound economic point.

They may as well relase a Ben Stein talk about Intellegent Design.

Your full of it.