Writing for his eponymous blog, former Secretary of Labor and professor Robert Reich boils the left-right argument about economics down to what he calls the “three biggest myths that blind us to the economic truth.” Each myth is followed by the truth with which he would like to replace it.
Here’s his list:
Myth 1: “The ‘job creators’ are CEOs, corporations, and the rich, whose taxes must be low in order to induce them to create more jobs.” He calls that one “rubbish.”
Myth 2: “The critical choice is between the “free market” or “government.” Reich deems that one “baloney.”
Myth 3: “We should worry most about the size of government.” He calls that one just “wrong.”
Of course there are many who will think that his myths are truth and his truths are myth. That’s what makes politics. But his short piece (accompanied by a short video in which he says almost exactly the same thing) cuts directly to the chase on most of the issues (outside of foreign policy and social issues) that separate red and blue Americans.