BUNK! Why Most of Robert Reich’s Ideas Are Just Wrong

Former Labor Secretary Robert Reich and I both make videos about economics. But there’s one BIG difference: He’s wrong about almost everything! ———— To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe ———— Reich makes ridiculous claims. He says the government’s big spending didn’t cause inflation. He says billionaires should be banned. “There are only five ways to become a billionaire. And they're all bad!” he shouts. But that’s not true. Most billionaires get rich by making all of us better off. Reich trashes global trade. But trade lets people specialize, which creates jobs and makes everything more affordable. He claims inequality is bad. Again, not true. It’s simply what happens when people are free. Here’s our new video debunking some of Reich’s ridiculous claims.

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