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The Real Truth About The Economy: Have Wages Stagnated?

February 3, 2012 by 1 Comment

Bill Clinton’s Secretary of Labor Robert Reich is a hero amongst the left and occupy movements. Reich campaigns for higher taxes on investors, entrepreneurs, small business owners, otherwise known as “rich people”.

This makes him one of Obama’s favorite economists.

Reich has a video on Youtube.com that argues for more taxes on the rich, which he contends will strengthen the middle class. He uses a string of faulty arguments and some dubious statistics.

In this video below, Don Boudreaux of George Mason University has come to the rescue of the truth by debunking much of Reich’s arguments. It is worth your time to watch.

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Floyd Brown is a political innovator, writer and speaker.
Time magazine wrote: “Brown has a stature among devoted conservatives that almost matches his physical heft (6 ft. 6 in. and 240 lbs.)”.
Floyd has written for publications as diverse as the San Francisco Chronicle, the Washington Times, Townhall.com and WND.com. His latest book is Killing Wealth/Freeing Wealth, published in 2010 by WND Books. Floyd writes a weekly syndicated column about politics, culture and the economy with his wife, Mary Beth Brown. Floyd also is chairman of the Western Center for Journalism www.westernjournalism.com.

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