John Stossel
The Crisis Industry: How Activists Profit from Panic
From StosselTV
Pollution, homophobia, racism, hate; activists claim everything is getting worse. The opposite is true. But if they admit that how would they raise money?
“For activists, success is a threat,” journalist John Tierney explains. “It is going to put you out of business unless you find a new cause.”
Tierney has covered activists for years and watched them move from one cause to another. “But it’s not a business,” I push back. “They’re not making money doing this.” “Oh, yes, they are,” replies Tierney. Lots!
Our new video looks at how these activist groups raise billions of dollars, the consequences of their activism, and why we fall for their scares.
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To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
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After 40+ years of reporting, I now understand the importance of limited government and personal freedom.
——————————————
Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people. Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20.
Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.
Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club.
Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
From StosselTV
Elon Musk and his Department of Government Efficiency (DOGE) are here – but will they be able to fix our budget crisis?
Our government is $36 trillion in debt, yet it keeps wasting money on absurd projects like $118,000 to study if metal fingers can snap (spoiler alert: they can’t) and $700,000 to research parrot mating habits. It also spends more than a TRILLION in subsidies to state and local governments. Meanwhile, Washington sits on 300,000 buildings, many of which are unused, and land worth TRILLIONS of dollars. Yet instead of selling, it keeps buying more.
Chris Edwards of the Cato Institute says the first thing DOGE should cut are the subsidies to state and local governments. Then, they should slash the $180 billion a year spent in subsidies for corporations. But even if Musk’s new DOGE eliminates these expenses, the real culprits (Medicare and Social Security) are off limits.
So will DOGE be enough? Our new video above takes a look.
After 40+ years of reporting, I now understand the importance of limited government and personal freedom.
——————————————
Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people.
Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20. Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.
Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
—————————
To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe —————————
From StosselTV
By John Stossel
One year ago, libertarian Javier Milei was elected president of Argentina. How has it worked out?
Amazingly well! In his first year, Milei has already cut government spending by 30%, eliminated entire ministries, fired thousands of government workers, slashed subsidies, and deregulated the economy.
Today, inflation is down, the federal budget is in surplus, and the country’s housing shortage crisis is over. “When Milei came into power,” says Ian Vasquez of the Cato Institute, “There was 40% poverty rate. There was an annual inflation of over 200%.
Now inflation is down. The economy started to recover… Milei is showing that his libertarian policies are working.” Years of big government had left Argentina in crisis.
Pundits and the media claimed Milei couldn’t fix any of that. They were wrong. Milei’s success shows that freedom works! Maybe our politicians will learn from him.
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To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe —————————
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