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The higher the unemployment rate, the more leverage I have to 'encourage' you to 'do what it takes' to keep your job. And so you work even more hours, pushing unemployment up and wages down. And that, my friends, is one of the little tricks that keeps you poor and me rich.
Nick Hanauer
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"The higher the unemployment rate, the more leverage I have to 'encourage' you to 'do what it takes' to keep your job. And so you work even more hours, pushing unemployment up and wages down. And that, my friends, is one of the little tricks that keeps you poor and me rich."
— Nick Hanauer #moneywealth #workcareer

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The higher the unemployment rate, the more leverage I have to 'encourage' you to 'do what it t…

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The higher the unemployment rate, the more leverage I have to 'encourage' you to 'do what it takes' to keep your job. And so you work even more hours, pushing unemployment up and wages down. And that, my friends, is one of the little tricks that keeps you poor and me rich. — Nick Hanauer

About Nick Hanauer

Nick Hanauer was a Businessman from United States (1959–present).

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Frequently Asked Questions

Who said "The higher the unemployment rate, the more leverage I have to 'encourage' you t…"?
This quote is attributed to Nick Hanauer, a Businessman from United States.
When did Nick Hanauer live?
Nick Hanauer lived from 1959 – present.
What is this quote about?
This quote touches on Money & Wealth, Work & Career. Browse more quotes on these themes from the categories page.