John Stossel Quotes

Powerful John Stossel for Daily Growth

About John Stossel

John Stossel is an American journalist, author, and television personality known for his libertarian views on economics and personal freedom. Born on June 6, 1947, in Brooklyn, New York, Stossel grew up in a middle-class family and developed an early interest in broadcasting. He earned a Bachelor of Arts degree from Princeton University in 1969 and a Master's degree in Communications from Boston University in 1972. Stossel began his career as a consumer reporter for WOR-TV in New York City, where he quickly gained fame with his investigative reporting style. In 1984, Stossel moved to ABC News and hosted the program "20/20" from 1986 to 1991. It was during this time that he produced several groundbreaking reports, such as exposing the dangers of asbestos and investigating fraudulent business practices. In 1991, Stossel left ABC News to host his own show, "Fox Business Report," on Fox News Channel. The show was later renamed "Stossel." Throughout his career, Stossel has been an outspoken advocate for free-market principles and individual liberty. He is known for his skepticism of government intervention in the economy and a strong belief in personal responsibility. In addition to his television work, Stossel has written several books, including "Myths, Lies, and Downright Stupidity" (2004) and "No They Can't! Why Government Fails—But Individuals Succeed" (2013). These works reflect his belief that government solutions often create more problems than they solve and advocate for individual initiative and entrepreneurship. Stossel continues to be a prominent figure in American journalism, using his platform to challenge conventional wisdom and promote free-market principles. His work has garnered both praise and criticism, but there is no denying the impact he has had on public discourse about economics and individual liberty.

Interpretations of Popular Quotes

"Government is great at picking winners... and extremely lousy at picking losers."

The quote highlights a recurring observation that governments often struggle to predict successful ventures or industries, leading to poor choices when allocating resources or providing support. This happens because the market dynamics are complex and constantly evolving, making it difficult for government entities to accurately forecast winners and losers based on limited information. It's important to remember this when considering government intervention in the economy, as misguided attempts at support could potentially harm the very industries they aim to assist.


"The more government controls, the less freedom we have."

This quote by John Stossel emphasizes the idea that an increase in government control correlates with a decrease in individual freedom. In essence, he is suggesting that as governments expand their authority over various aspects of society, personal liberties tend to shrink. The underlying principle is that self-determination and liberty are eroded when too much power is concentrated in the hands of the government. This perspective underscores the importance of balancing government intervention with individual autonomy and maintaining a limited role for government in everyday life.


"The biggest mistake people make in life is not trying to find out what they really want and what is going to truly make them happy."

This quote underscores the importance of self-discovery and pursuing personal happiness as key aspects of a meaningful life. It suggests that many individuals spend their lives without fully understanding their true desires, thereby missing out on opportunities for genuine fulfillment. The message encourages everyone to reflect on their wants and aspirations, and actively seek out the experiences or goals that will bring them lasting joy and contentment.


"If you call something a right, then people start expecting it for free."

John Stossel's quote suggests that labeling something as a "right" can create an expectation among individuals that they should receive it without cost or effort. This perspective implies a potential conflict between the concept of rights and the understanding of their inherent value, which might require effort or compensation when exercised in a society based on market principles. Essentially, Stossel is arguing that rights, when not backed by some form of reciprocity, could lead to an entitlement mentality that overlooks the actual costs associated with fulfilling those rights.


"The problem with Socialism is that you eventually run out of other people's money."

This quote highlights a fundamental issue with socialism as an economic system. It suggests that when resources are managed collectively, the government often relies on taxing individuals to fund public services or projects. As the saying goes, "There's no such thing as a free lunch." Ultimately, this means that the government is using money collected from one group of people (the taxpayers) to provide for another (beneficiaries of socialist programs). However, this strategy has a limit - eventually, there will be no more 'other people's money' left. This quote emphasizes the importance of understanding the fiscal implications of collective ownership and control of resources in socialist societies.


All our rights are gradually eroded as government gets bigger.

- John Stossel

Government, Gradually, Eroded

Competition leads both drug companies and private regulators to be trustworthy. If they are not trustworthy, they die.

- John Stossel

Die, Private, Companies, Drug Companies

I'm a libertarian. It's a terrible word.

- John Stossel

Terrible, Word, Libertarian

A thousand restaurants close every month. They re-open, and that's good for America. Nobody's rescuing them. They employ people, too. If we let them go bankrupt, the factories don't go away, the creative people don't go away. They get employed more productively by others.

- John Stossel

Away, Employ, Factories, Rescuing

What I've learned in 40 years of consumer reporting is that the market is imperfect, and some people get ripped off.

- John Stossel

People, Some, Learned, Ripped

I had to watch government fail for 25 years doing consumer reporting before I really saw it because intuitively, the reaction is problem, bring government and government will make it better.

- John Stossel

Doing, Reaction, Before, Consumer

There is all of this protesting against corporate power, but in reality, corporations have to persuade you - they could have a ton of money, but actually only government can use force.

- John Stossel

Against, Could, Use, Protesting

I was ashamed for people to see me struggle.

- John Stossel

Me, See, Ashamed, Struggle

I'm an American. I'm for prosperity. I've discovered, from 40 years of reporting, that what creates prosperity is limited government.

- John Stossel

Years, Discovered, Limited, Reporting

Private businesses ought to get to discriminate.

- John Stossel

Private, Get, Businesses, Discriminate

I've built my career on unpaid interns, and the interns told me it was great - I learned more from you than I did in college.

- John Stossel

College, Career, Built, Unpaid

I was bullied as a kid, and I got a job on television. And I had a camera. And so I wanted to go after those business bullies. And I just have been following that instinct.

- John Stossel

Business, Television, Been, Bullied

When we were scared about 9/11, we federalized the airport security, we spent millions for body armor for dogs in Ohio. All that over-reaction comes from fear and government - bad combination.

- John Stossel

Bad, About, Spent, Scared

People acting in their own self-interest is the fuel for all the discovery, innovation, and prosperity that powers the world.

- John Stossel

Innovation, World, Fuel, Powers

Take away the government's monopoly, and private groups will do it better.

- John Stossel

Better, Private, Take, Monopoly

As a free person, I ought to be allowed if I'm dying to take something.

- John Stossel

Dying, Take, Free Person, Ought

We have all kinds of government compensation systems that are much more efficient than the lawyers.

- John Stossel

Government, Lawyers, Systems, Compensation

Companies don't get rich hurting their customers.

- John Stossel

Rich, Get, Companies, Hurting

No transaction happens unless it is voluntary. It only happens if both of you think you win.

- John Stossel

Think, Only, Unless, Voluntary

I never wanted to be an anchor for 25 years, and suddenly I wanted to be one.

- John Stossel

Never, Wanted, Suddenly, Anchor

The happiest stutterers, I learned, are those who are willing to stutter in front of others.

- John Stossel

Willing, Stutter, Learned, Front

I saw how the regulation I called for made things worse, didn't help consumers and simple competition was better. And I started praising business and occasionally criticizing regulation.

- John Stossel

Business, Made, Criticizing, Occasionally

Central authority is bad. The bias should be for freedom. And without a central authority, there are lots of little authorities, and we learn which ones to trust.

- John Stossel

Trust, Bad, Which, Bias

The people who tried government regulation have lives which are miserable.

- John Stossel

Government, Tried, Which, Government Regulation

Give me a break.

- John Stossel

Me, Give, Break, Give Me

Patrick Henry did not say, 'Give me absolutely safety or give me death.' America is supposed to be about freedom.

- John Stossel

Death, Give, About, Give Me

Living with the liberals, you get to hear their arguments, fight with them all the time. Keeps me alert.

- John Stossel

Living, Alert, Them, Keeps

I won't ever got to a place that's racist, and I will tell everybody else not to and I'll speak against them. But it should be their right to be racist.

- John Stossel

Will, Against, Everybody, Everybody Else

I like taking the subway to work.

- John Stossel

Work, Like, Taking, Subway

When entrepreneurs are free to compete, they grow the pie so that everyone's share gets larger.

- John Stossel

Grow, Compete, Larger, Pie

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