Progressive Graffiti

3 Dangerous Economic Myths

“We’ve accepted three dangerous [economic] mythologies that prevent us from seeing what’s really happening, and pose false choices.” — Robert Reich

3 FALSE Economic Concepts

According to former Secretary of Labor Robert Reich, these are the three most dangerous economic myths:

  • False: The rich are job creators (True: consumers create demand for jobs)
  • False: The critical choice is between the free market or government (True: Government creates and enforces the free market)
  • False: We should worry about the size of government (True: We should worry about who government is for)

About the author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She sometimes writes fiction about Chester (the Alpha Bichon) and his friends -- with a dash of humor and dab of Poli-Sci. JoAnn's views and insights are tinted by her past profession in Counseling, Christian theological studies, and Library and Information Science training. Retired now, JoAnn enjoys the creative life.

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