Ben Stein on the Economy

msnbc ^ | June 20 (?), 2003 | Ben Stein

[perfect stranger]

Ben Stein on the Economy

A Scarborough Country interview

June 20 — Is the economy on the comeback, or are we going to have a long recession? A true renaissance man and the author of “Yes, You Can Time the Market,” Ben Stein, joins Scarborough Country.

JOE SCARBOROUGH:
Many people looking at record deficits, looking at the highest unemployment rate in 10-years, many say that the Bush economy is not doing well going into an election year. What’s your take?

[perfect stranger]

Half the fun of this interview is just imagining Ben's voice.

[So Cal Rocket]

Bueller? Bueller? Bueller?

[ChadGore]

something doo economics ?

[jocon307]

Rats, it's a shame he wouldn't consider elective office. He is really smart, and a true conservative. He's explained the entire problem with "surpluses" so excellently in this short piece, that I am amazed. The economic evil (along with all the rest of them) lives on beyond Clinton.

[eureka!]

Great post. Very interesting, says deficit spending with tax cuts is the way to go. Thanks for the post...

[BrooklynGOP]

Ben Stein ping!

[CyberCowboy777]

Nice interview

[perfect stranger]

California needs change. IIRC Californians knew nothing about this huge debt in the state budget until after the re-election.

IMHO Calif. has made it virtually impossible to get a new powerplant running and with a growing population that is what they need. Is there any wonder why they have a plant or two across the border?

Their own regulations have been starving them for too many years.

[RandyRep]

I still haven't figured out why Bush and the pubbies aren't saying something like "we passed the tax cuts in 2001, but the full effect of them has barely been felt. The only tax cut for 2001 and 2002 was reduction of the 15% bracket to 10%. The 2003 tax cut accelerated the rest of the rate reductions to 2003 from later years. Now we should see the effects of job stimulation resulting from the lower rates."

Bill Clinton and many Dems have been saying that they got a big tax cut after 2001. They didn't -- Bill Gates got the same $300 that I got and you got and all the blue collar workers got. Nobody calls them on this.

[perfect stranger]

He's done it already and knows what to expect.

[Bahbah]

"...says deficit spending with tax cuts is the way to go".

I was listening to an analyst with DeutchBank who would agree and throw in the rate cuts as a very good receipe for the needed recovery.

[perfect stranger]

Funny President Bush's taxcuts are scrutinized at every different income level, yet Clinton's were considered "good for all Americans".

[eureka!]

Re#8 Agreed. The Rats catering to the greenies has bit all of us in the butts. At least it has come to a head...

[eureka!]

Re#11 Interesting on the DeutcheBank comment. Do go to the link on this interview and read it if you have not...

If Stein and DB are correct, then the Rats don't want a recovery. But we knew that...

[perfect stranger]

"At least it has come to a head... "

Now the public knows, and more importantly the citizens of Calif. know about the deficit spending that has already happened.

But if they are just raising taxes (not as much as NY but that's another issue) and selling off supposedly public lands (actually just a lease after their "eminent domain" clause sets in, with the help of the courts) they are only postponing the payment of the debt....

[Savage Beast]

Wouldn't it be fun to see Ben in the governor's mansion making fools of "Liberals" and being funny all at the same time!

[Tauzero]

Ah Ben, you are a very funny man, but:

" I would call this standard textbook economics 101, Keynesian economics, which used to be the Democrats bible. "

Yes, the Democrats are being hypocritical. But Keynesianism is still wrong.

[rwfromkansas]

He is in these new Yahoo commercials opposite Franken...about political differences or something. Anyway, Franken comes off as a real moron in the commercial, more than usual even.

I do enjoy seeing Stein on talk shows when I see him. He was on Jimmy Kimmel the other day and clapped for the singing artist. The singing artist had a shirt with Ronald Reagan on it and the singer (a rapper of all things...) said he wanted to support Reagan.

I do wish Stein would make more Democrat jokes than he does though; I doubt many know he is Repubican.