Economist blows the lid off of the biggest conservative lie about government

[egbertowillies]

Economist and Professor Dr. Richard Wolff appeared at our KPFT 90.1 FM fundraiser. We titled the event an Evening with Richard Wolff. I became a big fan of Dr. Wolff’s teachings right after the the 2008 great recession. His video and book “Capitalism Hits The Fan” are a must. It gives a complete understanding of the current state of the middle-class and its demise.

It is time for economists to speak up about the economic realities that affects us and challenge lobbyist driven self-serving lies that prevent good policies. I asked Dr. Wolff a question that has been a constant burn for me. Many Conservatives and a few Liberal politicians have been selling a false narrative. They claim that a dollar given to the government is inefficient compared to a dollar given to private enterprise.
http://egbertowillies.com/2015/11/14/this-economist-blows-the-lid-off-biggest-conservative-lie-about-government-video/

[DirkGently]

1. "Virtually a religious commitment."

For decades, conservatives and Republicans have pushed this "Government IS the problem / drown it in the bathtub" lie.

Along with this is the implicit assumption that business owners "create wealth," and workers are all overpaid.

It's never been true, economically, practically, or otherwise. Economists don't think it; history doesn't bear it out.

Which ties in with where Republicans are now, which is a sense of utter entitlement to their own reality. Ben Carson understands science, but feels it's okay to hawk aloe vera pills as miracle cures, or that evolution is nonsense because it means all the apes should be humans by now. Ted Cruz and Rand Paul are well aware that literally no economists believe we could base the money supply on how much "gold" anyone has.

We have zero net immigration from Mexico at the moment, and the credible information on the impact of undocumented workers is that they contribute more to the economy than they take out. And yet the main talking point of the most successful candidate thus far is that we should build an enormous, physically impossible wall across our border, and attempt to ship 11 million people out of the country.

And yet not only are these viable positions to take for Republican politicians of national stature, but they are almost required.

Look at who their enemies are: JOURNALISTS, TEACHERS, AND SCIENTISTS. In other words, anyone in a position to relate reliable information from the real world -- all dismissed under the rubric of "bias."

We are not just up against people who disagree with us, but people who have been persuaded to reject reality as a basis from which to form their opinions.

[Hydra]

2. Let's face it, the Private Sector wants to be the only power

They've bought the message in every way they can to make this happen. This is essentially why capitalism is a fail if we want a democratic gov't- their power is far beyond 1 vote.

[cantbeserious]

3. Thank You For Sharing These Truths

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