by Frontpagemag.com
The former Marxist serves up some common sense in a senseless world.
After last summer’s BLM protests, “experts” declared what America must
do for black people: “reparations!", "abolish policing!", “socialism!”
These are AWFUL ideas that will hurt blacks, says brilliant and courageous economist
Thomas Sowell. Sowell grew up as an orphan in NYC, where he educated
himself by reading. He became a Marxist. But that changed when he worked
in government and studied economics.
"I was a summer intern at the U.S. Department of Labor," he
explains. "One of my biggest concerns was about minimum wages. At first,
I thought 'well this is good because all these people are poor, and
they’ll get a little higher income.'" “Then as I studied economics, I
began to see, well, there’s a downside-- they may lose their jobs," he
adds.
The Department of Labor didn't appreciate that point of view. Ending
the minimum wage would take away their power. "I realized the U.S.
Department of Labor had its own agenda and interests," he says.
Now, at age 90, he still educates about free markets &
race-blind policies. He says today’s complaints about America's
“systemic racism” are “propaganda". "If you go back into the ‘20s, you
find that married-couple families were much more prevalent among blacks
then... As late as 1930, blacks have lower unemployment rates than
whites," he points out.
More of Sowell's excellent points are in the video from Stossel TV below. Don't miss it!
Frontpagemag.com
Source: https://www.frontpagemag.com/fpm/2021/01/stossel-tv-thomas-sowell-vs-left-frontpage-editors/
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