Economic Views
O'Reilly is a frequent critic of government welfare and poverty programs. He is also critical of the estate tax. However, he does not differentiate between the marginal tax rate (46 percent) and the effective tax rate (roughly nine percent ).
O'Reilly has said French unemployment and subsequent riots are the "common effects of socialist thinking". He claims the French unemployment rate is high because of entitlements sanctioned by the French government, and that these entitlements make employers hesitant to hire young employees for fear that they will be required to give benefits to underperforming workers.
He says he supports income-based affirmative action as opposed to race-related affirmative action.
Despite the fact that O'Reilly has criticized government welfare and is sometimes considered to be a conservative, some of his economic views seem to be anti-capitalistic and left wing. Neil Cavuto, Vice President of Fox News accused O'Reilly of "push populist nonsense. O'Reilly also appears to be opposed to a free market and profits and in support of protectionism.
Read more about this topic: Political Views Of Bill O'Reilly
Famous quotes containing the words economic and/or views:
“Weapons are an important factor in war, but not the decisive factor; it is people, not things, that are decisive. The contest of strength is not only a contest of military and economic power, but also a contest of human power and morale. Military and economic power is necessarily wielded by people.”
—Mao Zedong (1893–1976)
“But of all the views of this law [universal education] none is more important, none more legitimate, than that of rendering the people the safe, as they are the ultimate, guardians of their own liberty.”
—Thomas Jefferson (1743–1826)