I sell things--lot's of things--on a daily basis. People are buying these days. They just weren't interested in buying things she was interested in selling. Giving people disposable income wouldn't have made her customer base larger. At least not for long. Her product was too niche and her customer base didn't exist. Assuming she was not independently wealthy, she would covered start-up costs through investors or loans. Without that sector, she wouldn't have had the opportunity to start a failed company.
While I may or may not agree with the sentiment of the talk, I absolutely agree that it doesn't seem to fit the TED protocol. Next time, stick to your guns TED!
Consumers are the driving force behind business, it's strange to me how business has masquerade so long as the driving force of the economy.
He can so many Republicans be so very wrong on something as fundamental and basic as consumer demand. I guess that's what religion does to you.
Could it be that jobs and progressive tax rates aren't all that intertwined?
For the record, I'm okay with taxing the wealthy at a higher rate in conjunction with spending cuts to get us out of this mess, but I don't think thats where "jobs" are created. I do think that's where deficits are eroded though. Again, not an economist.