Who'da Thunk: Ben Stein Understands How the Economy Works

[manchambo]

And schools Fox and Friends re: same.

http://gawker.com/5953010/ben-stein-tells-incredulous-fox--friends-hosts-taxes-are-too-damn-low

[L.A. BRONCOS FAN]

L0L!

It's pretty bad when even a conservative economist like Stein admits Thurston's plan is a pipe dream.

[Rohirrim]

Wow! "Evidence shows that there's no clear connection between the level of taxation and the level of economic activity."

That pretty much brings down supply side economics like the Graf Zeppelin.

He says the same thing I've been saying on here for years, the greatest era of prosperity in American history, from the 40s to the 70s, was also the era of the highest taxation.

I'm surprised the people at Fox didn't lynch him on the spot. ;D

He won't be getting a call back. He just went apostate on them.

[houghtam]

Ben Stein named RINO in

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[L.A. BRONCOS FAN]

Ben Stein named RINO in

3...

2...

1...

They would have to do the same thing to Saint Ron if he were alive today.

[Arkie]

Stein was wrong about the economy before, but at least he had enough class to admit it later. All these other laughing disrespectful fools never would admit it.

<iframe width="420" height="315" src="http://www.youtube.com/embed/zz_yw0kq3MM" frameborder="0" allowfullscreen></iframe>

[houghtam]

My question is if the Republican Party won't have him, where can he go? Is there a place in the world for a fiscal ultra conservative who believes in teaching creationism that is NOT the Republican Party??

[Rohirrim]

The best part of this is watching the faces of the Fox faithful go blank when confronted with Stein's heresy. You've got to hand it to Stein, it took guts to tell the truth in the belly of the beast.

[barryr]

A wealthy Jew? When did liberals start claiming them as friends? Schiff knows much more about the economy than most and has written multiple books about it and thinks people like Obama are clueless and don't understand the basics with the economy. In fact, Schiff predicted the housing bubble before it happened and guys like Paul Krugman were stating a housing bubble would be a good thing until it actually happened and the results were hardly good.

[Rohirrim]

Stein's statement, "Evidence shows that there's no clear connection between the level of taxation and the level of economic activity" completely implodes supply side economics.

[Bronco Yoda]

Stein really talks that nasally way too. He's pretty funny. I had lunch with him a couple times on set years ago. All i kept thinking was Bueller.... Bueller...

[razorwire77]

Stein's statement, "Evidence shows that there's no clear connection between the level of taxation and the level of economic activity" completely implodes supply side economics.

Which is pretty much what every honest economist without an agenda has known for decades. But then again, it's not about economic principles, or growing the economy, or balancing the budget. It's about stealing the silverware while the rubs are watching the puppet show. When stealing the silverware crashes the economy, you print more money and start the dance all over. Like all good Ponzi Schemes eventually everything will collapse. "I'm gonna get my kicks before the whole ****house goes up in flames." And believe me, the **** house is going to go up in flames in our lifetimes.

[L.A. BRONCOS FAN]

Which is pretty much what every honest economist without an agenda has known for decades. But then again, it's not about economic principles, or growing the economy, or balancing the budget. It's about stealing the silverware while the rubs are watching the puppet show. When stealing the silverware crashes the economy, you print more money and start the dance all over. Like all good Ponzi Schemes eventually everything will collapse. "I'm gonna get my kicks before the whole ****house goes up in flames." And believe me, the **** house is going to go up in flames in our lifetimes.

Jim?

Is that you? ;)