The same religious economic dogma we've had pushed on us for decades predicts that the things he's advocating reduce economic prosperity. They don't.
Whatever this means that you feel persecuted by, the science of economics is clear enough about what promotes economic prosperity. History corroborates.
You should be making a moral argument, though that would also be wrong.
Australia and Canada have pretty good prosperity and have a number of things he is advocating for (in the US).
US economy... while it's HUGE, would you call it prosperous?
http://en.wikipedia.org/wiki/The_Shock_Doctrine details examples of where total free market economics doesn't work for the vast majority of people.