Robert Reich

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Robert ReichNewsweek
Sec. Robert Reich.jpg
Robert Reich the 3rd (or the 3rd Reich), seems to be a German with Napoleon Syndrome, and picks the wrong side of every issue.
Robert Reich the 3rd (or the 3rd Reich), seems to be a German with Napoleon Syndrome. A fake economist with the charm of Rosie O'Donnell, the wit of Nancy Pelosi, and the balance of Michael Moore. If I need a moral compass, I can rely on him for his uncanny ability to point due south. This article details a small fraction of Mini-Marx's stupidity and dishonesty.
ℹ️ Info          
~ Aristotle Sabouni
Created: 2017-12-25 

Background

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The Pastrami Commie is had a problem with bullies as a kid (he’s got Fairbanks/MED, or politically incorrect, “dwarfism"), and so at some point in life decided the best way not to be bullied was to become one.

His judgement can be summed by the fact that he went on a date with Hillary Rodham Clinton. He has a degree in Law, and while he took some classes in economics, he seems to have retained little knowledge of it, since most disagree with his delusions about it.[1]

He’s a prolific author and writer, because he writes things that appeals greatly to the left and uninformed (but I repeat myself). Yet, his premises are almost always completely wrong, thus his conclusions based on that foundation are worse. So he’s been a die hard advocate for less civil liberties, and for empowering government to burden business and individuals and remove as many opportunities as humanly possible: thus he’s often quoted by the progressive left. Technically, he’s doesn’t come from the Marxist or Socialist sides as much as the Fascist side of economics: believing a high controlled

His books include:

  • The Next American Frontier (1983) - where he blamed the nation's lagging economic growth on financial and legal gamesmanship (that drained the economy of resources needed for better products and services). In other words — there was too much financial gain in manipulating the bureaucracy. So his solution was and always is, more bureaucracy to fix that. (e.g. Centralized Control Socialism/Communism/Fascism could run the economy better, if you gave it a try). It’s a popular idea among the left, but ignores it’s history of repeated failure everywhere it’s been tried.
  • The Work of Nations - the foundation of economics is on human capital. This is called the Labor theory of value in economics, and while Marxism was based on it, it’s been completely discredited since the early 20th century. He’s regurgitating it, and trying to drag his readers back 100 years in economics, because his base doesn’t know better.

After those two dog of books, that were panned by economics, but celebrated by polemics, Clinton appointed him Secretary of Labor. And he's been a boil on the ass of political discourse ever since.

Examples[edit | edit source]

These a few examples of the pastrami commie going anti-liberty, tolerance, or common sense.

  • Keith Lamont Scott - Cops came to a known drug area to arrest on a warrant, but found Scott there brandishing an illegally possessed weapon. He ignored directions to drop it, exited a vehicle and was shot by a black cop. Race baiters said it was racism.
  • Robert Reich on Scampeachment - Senate Republicans did their job and acquitted Donald Trump of the non-crimes that the Congress failed to charge him with. So Reich lambasted them by whining about the electoral college and pretending popular vote should matter more that our Constitutional system. In Russia maybe he's right, but here? Not so much.
  • Robert Reich/Newsweek - Democrats attacked Bill Barr and said he had to testify against Trump, because Barr accurately paraphrased the Mueller Report. But if Bill Barr doesn't have executive privilege for false charges, then Eric Holder didn't have it for the real charges/crimes of Obama (Fast and Furious that he was shielded against. Democrats: different rules for ye or me.
  • Robert Reich/Race Wars - Mini-Marx was spreading lies about Keith Lamont Scott claiming, "wasn't it racism/murder to shoot the guy"... just for pulling a gun on cops? No, that's called self-defense. The cops have every reason to investigate what was going on. And a crazy guy with a gun getting shot for brandishing may be tragically likely, but it isn't racism.

History[edit | edit source]

He gets an "F-" in economics, according to real economists:

Minimum Wage[edit | edit source]

He's the mouthpiece (or piece of something) over the whole Minimum Wage never hurts the economy thing, under the argument that we should have the same wage in Manhattan, Kansas as Manhattan, New York. He's either a mentally retarded economist, or a flat out liar and polemic... and he's too articulate to be mentally retarded. [2]

He goes on and on, on this topic. He talks about how "Higher wages can save America’s economy" and of course gets panned by anyone with a clue in economics. [3]

CEO Pay[edit | edit source]

He loves to rails against CEO salaries... and he makes 36% more than the average CEO on the Public's dime [4]. Um, if the public doesn't like a CEO or Corporation, they just don't buy their products/services. Tada. No one makes you do anything. They can vote with their wallet. If you don't like a little Marxist lecturer, how do you get your government (California) to stop paying him? That's the difference between liberty and fascism.

Electoral College[edit | edit source]

He did a video mis-explaining why he's against the Electoral College... which is another way of saying he's against the Constitution and America. While he dodges it, without the Electoral College, there would be no America -- the small states wouldn't have joined, because their votes wouldn't matter. And if you wiped out the electoral college tomorrow, the same thing would happen -- the tyranny of a few big progressive states would tear the nation apart, as the bullied states would feel they're getting no say, and try to leave. [5]

Endorcements[edit | edit source]

The little hypocrite open loves Bernie Sanders: they belonged to the same clubs: Jews who hate Jews/Israel, Marxist weekly, and so on. He also despised Ted Cruz because he's a principled Constitutionalist, so endorsed Donald Trump over him. [6] And he hates Paul Ryan because he's not a marxist. [7]

7 Lies[edit | edit source]

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Reich gets famous for propaganda like this video on economic lies that he claims are refuted, but economists know are not lies at all. [8]

(1) Trickle Down Economics[edit | edit source]

Look, if you give tax breaks to the rich (trickle down) or poor (trickle up), and the economy does better (at least in the short term). How can letting people have more of their own money NOT result in more spending/investment/growth?

There's a debate on where cutting (indirect spending) and direct spending might get a better return for the economy. But the ignorant left has a visceral reaction to their derogatory term for Kennedy and other prior Democrats (as well as Reagan, Bush, and Trump's) ideas that cutting taxes stimulates the economy. Pretending that it doesn't do as much as other kinds of tax cuts or spending, can be an intelligent argument. Lying that it does nothing, is just dishonest polemics.

(2) Higher taxes on the rich would hurt the economy and slow job growth[edit | edit source]

This is the inverse of the prior argument, and just as stupid. If I told you I was going to increase your taxes, would you spend more or save (and hide) more? Common sense, and recorded history, tells us increasing people's burdens gets them to be more defensive with their money. That hurts the economy and job growth. Now can what you do to spend other people's money be better for the economy or job growth than what they were going to do with it? Maybe. It's never worked out that way, but at least in theory, it's plausible. But Reich isn't arguing that it might work, he's arguing that it's never hurt the economy when we know the opposite to be true.

(3) Shrinking government generates more jobs[edit | edit source]

This is considered the treasury view of economics, which most economists agree with. In the short term, you displace some jobs -- in the long term, you reduce people's burdens and displace them with private sector jobs, which can do the same work, for less money/effort, and that puts more capital in the economy. Whether in savings, spending, or investing, that money goes to work increasing the "velocity of capital", and that increases jobs in the long run.

(4) Cutting the budget deficit now is more important than boosting the economy[edit | edit source]

Typical Democrat bullshit -- when their guy is in power, they demand more spending. When the other side is in power, they scream about deficits. This is the least dumb and dishonest of his arguments (which isn't saying much). But the point is both are important -- to a point. And they're not mutually exclusive -- though in general spending does help the economy -- just private spending helps more (as it is more efficient). And in the long term, growing government today, just burdens your kids and grandkids to payback your credit card dept (deficits).

(5) Medicare and Medicaid are the major drivers of budget deficits[edit | edit source]

Social programs are over 2/3rds of the debt, and thus deficit. The fact that they auto-grow each year, and have been for 50+ years, is a HUGE contributor to the deficits. Flim-flammers will try to distract you while picking your pockets, but facts are facts. Without these programs, we might have more people sick or dying, but we'd also have a budget surplus.

(6) Social Security is a Ponzi scheme[edit | edit source]

By definition a Ponzi scheme is having one group pay for another group. Like when the young pay for the old's Social Security. At first, there was enough young-to-old that this didn't hurt budgets. Now there isn't, and it's going to drag the next couple generations into huge debt to pay off others. That's pretty much what a Ponzi scheme is.

(7) It’s unfair that lower-income Americans don’t pay income tax[edit | edit source]

Yes. It's also morally corrupt. Everyone should bear the burden of the government they vote for. Period. They might still get more in benefits than costs. But the idea that some people should pay nothing, while others pay 90% of what they make, is the definition of unfair.

[9]

Conclusion[edit | edit source]

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Reich is either a fool or a liar. And I don't think anyone can be that intellectually stupid. What he pushes for would divide us as a nation. More than that, what he does abusing his fake pedigree for profit and attention, is just an insult to us all. He's a vile, petty little man -- not just in stature (which I don't care about) but in character (which I do). He got rich preying on the gullibility of the left, and abusing the public trust at Berkeley. He sponsors/supports the riots and violence against those that disagree with him. He misrepresents the other side, and his own -- and is the bully that he claims to hate.

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  1. Economists on Reich:
  2. Minimum wage:
  3. F- in economics on wages: https://www.forbes.com/sites/paulroderickgregory/2013/09/10/robert-reichs-f-minus-in-economics-false-facts-false-theories/#55c0588a507a
  4. CEO Pay: https://www.aei.org/publication/robert-reich-makes-36-more-than-average-ceo-and-gets-40k-for-a-one-hour-talk-vs-average-worker-pay-of-46kyear/
  5. https://www.facebook.com/reichreport/videos/1709433235735932/
  6. Reich hates Cruz: https://www.facebook.com/RBReich/videos/1157252837620644/
  7. Reich hates Ryan: https://www.facebook.com/RBReich/videos/1135086036503991/
  8. https://steemit.com/economics/@logicalliberty/robert-reich-is-wrong
  9. Reich 7 lies: https://www.youtube.com/watch?v=mM5Ep9fS7Z0 Debunked: https://www.youtube.com/watch?v=ZCaTXjpcV9w
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