BUNK! Why Most of Robert Reich’s Ideas Are Just Wrong
John Stossel and other critics argue that former Labor Secretary Robert Reich is fundamentally wrong on key economic issues, despite being frequently labeled an “economist.” They claim Reich lacks a formal economics degree and promotes what they call “economic nonsense.”
Key criticisms include:
- Billionaires and wealth creation: Stossel contends Reich wrongly claims billionaires don’t deserve their wealth, arguing instead that figures like Jeff Bezos create immense value by lowering prices (e.g., Amazon reducing inflation) and generating widespread economic benefits—where the public captures nearly 98% of the wealth created, according to economist Dan Mitchell.
- Trade: Reich’s skepticism of global trade is dismissed as “bunk.” Critics assert trade boosts living standards through comparative advantage, allowing countries to specialize and lower costs, while lifting a billion people out of poverty.
- Inflation: Reich blames corporate greed for inflation, but Stossel and economists like Milton Friedman argue inflation is caused by excessive government spending and money creation—not corporate profits.
- Economic fundamentals: Critics say Reich conflates economics with moral philosophy, rejecting objective analysis. They argue his views promote policies that would reduce freedom and make everyone poorer.
These critiques are primarily from conservative and libertarian outlets like Stossel TV, The Daily Signal, Reason, and the Mises Institute, which label Reich’s ideas as ideologically driven and economically flawed.
What Does The KJV Bible Say?
Critics of former U.S. Labor Secretary Robert Reich often argue that his progressive economic views—which advocate for heavy government regulation, wealth redistribution, and increased taxes on the wealthy—are misguided, harmful to economic growth, and contrary to principles of individual responsibility. From a conservative or free-market perspective, these ideas are often viewed as ignoring fundamental economic incentives.
Below is a table comparing several of Robert Reich’s core arguments with perspectives that find them flawed, supported by principles often referenced in the King James Version (KJV) of the Bible.
Critical Analysis of Robert Reich’s Ideas
| Robert Reich’s Claim | Why Critics Call it “Bunk” | Corresponding KJV Principles |
|---|---|---|
| “The Free Market is a myth” (Government creates and runs the market) | Free markets exist and thrive based on voluntary exchange, not just government rules. Private property and voluntary exchange often occur without government interference. | Proverbs 11:1 – “A false balance is abomination to the Lord: but a just weight is his delight.” (Markets depend on fair, honest, voluntary dealing, not coerced regulation). |
| “Billionaires take wealth” (It’s a zero-sum game) | Capitalists create new wealth through innovation, benefiting others (not just taking a “slice” of a fixed pie). | Proverbs 13:11 – “Wealth gotten by vanity shall be diminished: but he that gathereth by labour shall increase.” (Focus on creation of value, not redistribution). |
| “Raise the minimum wage” (Mandate higher pay) | Artificial wage floors reduce job opportunities for low-skilled workers and cause unemployment. | Matthew 20:15 – “Is it not lawful for me to do what I will with mine own?” (Principle of private property and free negotiation). |
| “Redistribute wealth” (Tax the rich to help the poor) | Heavy taxation punishes productivity, reduces investment capital, and steals the fruits of labor, hindering economic growth. | Proverbs 10:4 – “He becometh poor that dealeth with a slack hand: but the hand of the diligent maketh rich.” (Focus on personal work ethic over state redistribution). |
| “Workers are not paid what they’re worth” | In a free market, wages are generally determined by the value of labor, supply, and demand, not by exploitation. | Luke 10:7 – “…for the labourer is worthy of his hire.” (Value is set by mutual agreement). |
Key Arguments Against Reich’s Views
- Misunderstanding Wealth Creation: Reich is criticized for viewing the economy as a “zero-sum game” (if one person wins, another loses), whereas economists argue that innovation creates new wealth, benefiting society as a whole.
- Government Failure: Reich promotes government intervention, but critics argue he ignores “government failure,” where bureaucracy leads to inefficient, costly results rather than prosperity.
- Destructive Incentives: Critics suggest his policies (e.g., high taxes,, high minimum wage) destroy the incentives for hard work, saving, and investment that grow the economy.
- Individual Responsibility: Biblical principles often emphasize personal diligence, stewardship, and the right to the fruits of one’s own labor, rather than top-down wealth redistribution.
As You seek understanding and clarity in your life you should always turn to your Heavenly Father for Guidance
Table of Contents
- Youtube Video (Todays Message)
- Are You Your Own Worst Enemy?
- Women are looking for a fathers love
- Spiritual Order – In The Family and Church
- How God Commands Us To Forgive Those Who We Have Resentment Toward
- Join Our Newsletter
- Top Seven Articles
- Our Mission Statement
- Our Vision
- Tithing And Giving!
When Tithing please give what you feel is good to the amount we are helping you in your spiritual life.
Here is a YouTube video to help theses who need to understand someone explaining the important message, the YouTube video is called, “BUNK! Why Most of Robert Reich’s Ideas Are Just Wrong”, This video is with John Stossel YouTube Channel:
Note: MadeManMinistries.com has no relations with John Stossel YouTube Channel, but MadeManMinistries.com enjoys sharing the word.
Note: We do use YouTube Video’s under the “Fair Use” Act under the Copyright Law:
“Fair use is a doctrine in the United States copyright law codified in Section 107 of the Copyright Act of 1976.1 It provides for the legal, non-licensed citation or incorporation of copyrighted material in another author’s work without requiring permission from the rights holders, such as for commentary, criticism, news reporting, research, teaching or scholarship.01 The U.S. Copyright Office Fair Use Index should prove helpful in understanding what courts have to date considered to be fair or not fair but it is not a substitute for legal advice.2“
This is a major important point about forgiveness
Leave there thy gift before the altar, and go thy way; first be reconciled to thy brother, and then come and offer thy gift. -MATTHEW 5:24 KJV
Are You Your Own Worst Enemy?
I would start out by saying what Jesus Christ would want us to do? Pray and how should we pray? The Lord’s Prayer, and how often should we pray? Continually. Why do we use the Lord’s Prayer and not some other? The Lord’s Prayer covers all the areas that is important for our spiritual being.
When we pray the Lords prayer we ask to forgive our enemies, let God’s will be done, the kingdom to come. By praying the Lord’s prayer we let go of many thoughts we have in our head and give them back to God so we can have things revealed to us.
We must overcome resentment in our heart, and in a past video I shared about Dr. Jordan Peterson talks about how resentment can destroy us and we become our own very worst enemy and Jordan goes on to say that we must talk to people what we have resentment toward to overcome that resentment. Other people who lived in the past who talked about this is Jesus Christ and someone who is living now who talks about this daily is Brother Augustine, Dr. John MacArthur, Dr. Charles Stanley, Rev. John Piper and Pastor Paul Washer.
Women are looking for a fathers love
Women are looking for a fathers love. Its important that men understand women are looking for a fathers love and not get screwed. Woman more than anything are looking for a strong spiritual man to lead the future (the family). I think in many YouTube videos on biblical teachings, how young women are being hurt by men that are just looking to get laid instead of doing right and being in Christ and setting a good example of a strong man. We must be in Christ, hate no one, love all, forgave theses we resent, love what is right and support people who are walking with God.
Women need their fathers in their lives to be strong man to be good examples and not BETA men or weak examples of what a man should be. Its important that a man leads the way as Christ leads men, we as man need to fellow Jesus Christ to keep society from going to HELL.
Every day you can see or people watch how some men and women our living in hell without the right spiritual order then you will continue your hellish way according to 2 Peter. You can also find it in Romans. God will give you over to a reprobate mind.
And even as they did not like to retain God in their knowledge, God gave them over to a reprobate mind, to do those things which are not convenient. – Romans 1:28 (KJV)
In Romans 1, Paul refers to something known as a reprobate mind. If you’re not familiar with the term reprobate, the literal definition in the Greek is failing to pass the test, unapproved, counterfeit.
Spiritual Order – In The Family and Church
God the father
Jesus Christ
Father (Men over women)
Mother (Women over children)
Here is Book, Chapter and Verse from the Kings James Version 1 Corinthian 11:2-16, But the main message is in 1 Corinthian 11:3: “3 But I would have you know, that the head of every man is Christ; and the head of the woman is the man; and the head of Christ is God.”
A Woman Conferring The Spiritual Order According to Saint Paul And How The War On The Family Is Being Wage:
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Should America And The Western World Have A New Social Contract? (Open Letter)
Father’s Rights
GARBAGE GENERATION
GARBAGE GENERATION By Daniel Amneus
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Daniel Amneus – The Garbage Generation.pdf Link
Back to Patriarchy!
Back to Patriarchy! by Daniel Amneus
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How God Commands Us To Forgive Those Who We Have Resentment Toward.
All of us are tested everyday by our personal internal struggle coming from resentment of what happened earlier in our lives as children typically what our mother did to us, telling how our fathers were not good enough or driving us away from our fathers when we were children. We most go to the people that we have resentment against and forgive them. By forgiving our mothers or whoever we have resentment against, God will forgive us and we can return to the heavenly Father through our Lord and Savior Jesus Christ.
It was said if you don’t love everyone then you love no one. People today live like the Old Testament people did. We must forgive and love everyone as God Commanded us to do according to Matthew 22:34-40.
After Reading The Passage I would Recommend Doing A Silent Prayer
Its is said: Be still, and know that I am God: I will be exalted among the heathen, I will be exalted in the earth. Psalm 46:10 King James Version (KJV)
Jesus is an example of a Fathers loves
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- HOW to be PERFECT… According to Jesus Matthew 5:43-48
- Let Women Come To You
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In a world where it is so easy to forget the importance of God, we must remember that He is holy and will not share His glory. America has forgotten this truth and it is time for us to re-examine our relationship with God and recognize that He is the one true God who deserves our full devotion and reverence. We must remember that He will not be taken lightly or ignored, but rather should be honored as the Creator of all things. Only then can we truly experience His love and grace in our lives.
America Has Forgotten! That God The Father Is Holy And He Will Not Share His Glory!
God Reveals Himself
Click the link about a PDF how God reveals himself to you: God Reveals and Satan Speaks to you!
Our Mission Statement
Uniting men of good character who, though of different ethnic or social backgrounds, share a belief in the fatherhood of God and the brotherhood of mankind. Bring Men back to the Father and sharing the biblical view of the Heavenly Father.
Our Vision
By returning to our heavenly father God thru the Lord and Savior Jesus Christ we can rebuilt the family, once the man is recognized as the head of the family and household. Partner with us as we develop a community, mission, and leadership support for the men of today.
Now is the time for a new movement of men. As brothers, fathers let’s become who we’re created to be, knowing our identity, purpose, and destiny in Christ. Then let’s do, linking arms to change the world for good … and for God. Help bring transformation and revival to our families, churches, and communities.
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Conclusion
Hope this post was helpful to you and that you have a very successful Daily Bible Study with your friends and family! Check out the other sections of my blog for more tips on MadeManMinistries.
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