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Economic Ignorance Rules

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  • Description

    FBN’s Stuart Varney sounds off on the impact of academics on economic policy.

  • Duration 2:12
  • Date

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This transcript is automatically generated

Those academics I've got a big -- panel after reading an article on ending publicly file lol profess.

And then I got angry because these people have a profound impact on America they have influence because they're supposed to be -- -- box.

Here's my take on -- up -- at -- From Georgetown University writing in the New York Times quote.

We know -- we need to do make the rich pay that fashion that raise the minimum wage provide health care at a decent safety net and quote.

I am not taking this quote out of context this is the professes stated policy on ending publicly.

Point want.

Make the rich pay that fascia professor at the top 1% already -- 40% -- federal income tax revenue.

Surely that's more than fat and half the people who won't pay no federal income tax -- that is not fat.

Point two.

Raise the minimum wage.

Tell -- professor what do business hire more all fuel -- because if that costs go up.

Okay -- lol professor on talking economics wanna -- Next provide healthcare simple as that snap your fingers improvised health that who -- the rich.

If we raise taxes on incomes over 250000.

Bucks we may bring you an eighty billion -- yeah you can touch.

Provide health -- with that professor.

Last provide a decent safety net not shall what decent means but perhaps we should remind -- adamant.

That poor people already get food light heat rent education health care and cash.

Aren't -- tired of bullets police academic nonsense.

The worst of it is these leftists have enormous influence professor Edelman -- policy prescription is -- com and company president Obama's failed policies.

He's pushing for more of the same.

I have one piece of advice.

Look across the Atlantic professor.

They did everything you suggest in Europe for generations and now they off flat broke and they are demoralized.

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