The following video was posted in Ed’s Post by Marko. I thought it deserved a wider audience.
The symposium included a discussion regarding raising the minimum wage to $15. Mr. Hanauer, being an honest to goodness real billionaire talked about what that would mean for his situation. I like the way he put it. He earns 1000 times the median wage and yet he still only needs 1 pillow when he sleeps at night, not 1000.
You might also know of him from his TED talk that was originally refused for posting. He has been talking for a while about the wrongness and dangers of income inequality.
Now, if only he would team up with one or 2 more billionaires and start fighting against the Koch et al’s money in the political arena. Then we just might see some balance.
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