Former Clinton labor secretary Robert Reich wrote a truly nonsensical piece for the Huffington Post Tuesday ironically called “The Republicans’ Big Lies About Jobs.”
MSNBC’s Chris Matthews must have loved this tripe and its sophomoric title for he invited the Berkeley professor on Wednesday’s “Hardball” so that the pair could put on a clinic in liberal economic fantasy (video follows with partial transcript and oodles of commentary):
See video here: http://newsbusters.org/blogs/noel-sheppard/2011/03/23/matthews-and-reich-discuss-republicans-big-lies-about-jobs-and-get-it#ixzz1HY5yxgNh
(BEGIN VIDEO)
REPRESENTATIVE ERIC CANTOR (R-VIRGINIA): We have adopted a two-track approach called cut and grow. Now, the first part, cut, is obvious. We know that we have to stop spending money that we don’t have, and we have to begin managing the money we do have and spend it more wisely. The American people are tightening their belts and Washington should too. The growth part is about those gazelles, growing businesses that add new employees every month, keeping regulators from running amok.
(END VIDEO)
CHRIS MATTHEWS, HOST: Welcome back to “Hardball.” That was House Majority Leader Eric Cantor Monday out at Stanford University. His speech on the economy prompted a reaction from former labor secretary Robert Reich in the Huffington Post. We all read it. Reich wrote about what he called, “Republicans’ Big Lies About Jobs.” Reich says there are five of them: deficit cuts somehow create jobs; tax cuts for the rich create jobs; corporate tax cuts create jobs; wage and benefit cuts create jobs; regulation killing creates jobs, and; regulations kill jobs. […]
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