The Truth About the Economy, The Critique
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Uploaded by HowTheWorldWorks on Jun 18, 2011
This is a fair use video rebuttal of Robert Reich and MoveOn.org
Original Video Here: http://youtu.be/JTzMqm2TwgE
If you like this video, please consider supporting this channel. (secure PayPal Link) http://goo.gl/14mtU
Sources
Wages: http://research.stlouisfed.org/fred2/series/COMPRNFB
Thomas Sowell's Economic Facts and Fallacies:
http://www.amazon.com/Economic-Facts-Fallacies-Thomas-Sowell/dp/0465022030
Income Mobility Study (PDF): http://www.treasury.gov/resource-center/tax-policy/Documents/incomemobilityst...
Open Secrets.org
http://www.opensecrets.org/orgs/list.php
Consumer Goods: http://mjperry.blogspot.com/2009/03/miracle-of-market.html
Assorted Writing from Alan Reynolds:
Share of GDP: http://online.wsj.com/article/SB10001424052702304259304576375951025762400.html
Other Alan Reynolds
http://www.cato.org/pub_display.php?pub_id=6863
http://www.cato.org/pub_display.php?pub_id=12175
http://www.cato.org/pub_display.php?pub_id=6880
http://www.cato-unbound.org/2007/02/07/alan-reynolds/income-distribution-here...
http://www.ncpa.org/sub/dpd/index.php?Article_ID=20638
UPDATE: I was just informed that other people have debunked Reich too. http://www.youtube.com/watch?v=mXm4j2ORYcg
- 1,020 likes, 560 dislikes
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@bnannylv Your comment references nothing in this video, puts forward no logical arguments, and insults people who're advocating for your freedom and benefit. The problem is that what you do say IS logically flawed, aside from being trashy nonsense. Libertarians do not just say they want things. They earn the things they want. Statists are the ones who wish to see some profit at the expense of others. "I WANT MY FREE HEALTHCARE" "I WANT FREE SCHOOL" "I WANT RICH PEOPLE TO PAY FOR MY ROADS!" WAA
clemonsx90 1 week ago
Actually, this is NOT "the way the world works". Rather it is the view of an immature, confused, angry, bitter little whiner who can't always have things the way he wants. And so he whines and pouts about "YOU can't FORCE ME!!! Governments have NO RIGHT to MAKE ME!!!"
He's like a 12 year old who obnoxiously insists on getting what "I WANT" no matter what. Like most "libertarians", he's only concerned with his own wants and everyone else is "restricting my freedom of choice."
What a loser.
bnannylv 2 weeks ago
*clap clap clap*
That is all.
Patience1138 2 weeks ago
1. It's impossible for taxes to be taken from the rich and to the poor because as he explained tax breaks go to the rich. Wages have been decreasing against inflation and taxes.
2. Young people make less. No shit.
3. Unions are huge groups of people coming together for one cause. All the top individuals work for corporations.
4. Yes, Bush spent to much and allowed the banks to borrow off one another causing this hole that the Government has to fill some how. The economy needs to be watched.
HobbsO 3 weeks ago
take your time next time, this makes no sense
dreamihad 4 weeks ago
You made some important points, but you far from debunked what he said.
MrPizzapoika 1 month ago in playlist Lisää videoita käyttäjältä HowTheWorldWorks
@Mrinebriation I suppose leaving important info out is closer to his MO. But he gets things outright wrong from time to time too. Down to having the earth rotating in the wrong direction in his old intro. Ah, the irony.
raizumichin 1 month ago
@raizumichin most of what he says is factually correct, but i do believe he reaches the wrong conclusions and leaves out critical information that is important to the subject of which he is speaking.
Mrinebriation 1 month ago
@StateExempt Its not only that reagan and obama were thought to be a likely to win when they started gaining traction in the primaries they poured in the donations and now obama thinks he wont win unless he was a billion dollars to spend just mccain and he did in 08
Mrinebriation 1 month ago
@Mrinebriation Nothing new then, everything this guy says is usually wrong.
raizumichin 1 month ago