The Tea Party vs. Occupy Wall Street

Learn more here: http://tinyurl.com/cymkpu2

Based on Richard A. Epstein's new Broadside, this video outlines the differences between the classical liberalism of the Tea Parties and the progressive agenda advanced by the OWS movement, and reveals that the painful performance of the American economy in the past decade is not a function of bad luck, but the product of flawed institutional design.

We are reaping the harvest of efforts to reinvigorate the progressive programs of the New Deal that stress high progressive taxes, large transfer payments, strong labor laws, and major barriers to free trade. This combination of public finance and market regulation has proved a potent force for disaster.

Richard Allen Epstein (born April 17, 1943) is the Laurence A. Tisch Professor of Law at the New York University School of Law and Professor of Law Emeritus at the University of Chicago Law School.

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[Bruce Wayne]

Chomsky is an idiot who preaches linguistics, he is not even close to an economist.

[Joey Greenwood]

Fundamental flaw at the start of this video, The Tea Party and Occupy are BOTH against crony capitalism and giving public money to bail out the banks. In fact that is the basis for both of the movements in the US

[sterlingmchase1]

Tell them Bill! your the man!

[saint strawman]

However, the Tea Part are Americans who DON'T want a satanic Illuminati death cult globalizing. The occupy zombies are power-drunk psychopaths who worship Marx & hate freedom.

[Warmsprite1w]

I like this channel but its very very right wing and doesnt want to give any credence to opposing viewpoints. (im neither right or left wing, I like different parts of both sides of the argument)

[Harold Vallejo B.]

I don't even live in the US, but you have too much influence, and every time you mess up Everybody pays the price.

[hughjardon09]

If you don't like the United States, please go back to where you came from.

[scopeless22]

"Jobs" are not a limited resource. They are created and lost as the economy sees fit. faculty.history.wisc . edu/archdeacon/404tja/graph/pp­g001.html

nextbigfuture . com/2012/02/broader-unemployme­nt-rates-going-back.html

These two graphs show immigration and unemployment in early 20th century. Look at the time period from 1900-1915, where we had huge numbers of immigrates. Despite the huge increase in workforce, unemployment normalizes rapidly. This shows that jobs are made as we need

[Joey Greenwood]

No it's all bullshit. Never voted in my life.

'Don't vote, it only encourages them'

[cuzins9]

but people have no money to buy them cos all the factories where they worked have moved abroad.

[cuzins9]

you should see his other video vis a via the palestine vs israel situation. its hilarious. adl or b'nai brith must be paying this mug.

[cuzins9]

you dont still fall for that old left right paradigm bullshit, do you ?. lol. easily deceived.