Video: Ben Stein on O'Reilly : No Correlation Between Raising Taxes and Unemployment
It is difficult for many people to discuss Ben Stein in an article without referencing a certain coming of age movie made in the the 1980's, but I shall give it a go.
Ben Stein in addition to being an actor is also an economist. Ben Stein is a conservative economist. Ben has worked in the White House for both, Richard Nixon and Gerald Ford.
During a segment on The O'Reilly Factor, the host asserted that he was glad that Obama was on vacation because he does nothing but make things worse.
After laying out his rhetoric filled argument Mr. O'Reilly turned to Ben Stein for his take on the situation. Ben did not hesitate to say that almost everything O'Reilly had said was wrong.
Ben Stein acknowledged that he believed that President Obama has had a positive effect on the economy. He believes that the stimulus was too much, but it was better than if we had not done anything at all. Like all conservatives he does believe that the current administration has spent too much money, but fails to see what he could have done much differently.
After O'Reilly makes the claim that higher taxes hurt the economy Stein responds with this fact, we had the "highest growth in capital and in productivity and in the economy generally, in the 40's, 50's and 60's when we had much higher taxes than we have now."
O'Reilly gave this response a quick brushoff.
At one point Ben Stein makes this comment and offer, "Mr. O’Reilly, sir, there is no correlation of raising taxes and unemployment. If you can show it to me, I’ll eat your shoe."
Ben Stein is one of those rare people who refuses to deny facts. While others distort facts or attempt to invalidate them Stein, at least in this case, does not.
Who do you believe? I suspect it has a great deal to do with whether or not you are a regular Fox News viewer or you get your news from another source.