Robert Reich
Robert Reich
Robert Bernard Reichis an American political commentator, professor, and author. He served in the administrations of Presidents Gerald Ford and Jimmy Carter and was Secretary of Labor under President Bill Clinton from 1993 to 1997...
NationalityAmerican
ProfessionEconomist
Date of Birth24 June 1946
CountryUnited States of America
graduate people
Too many young people graduate laden with debts that take years, if not decades, to pay off.
The only way to make sure no bank is too big to fail is to make sure no bank is too big.
clean doctors larger
Drug company payments to doctors are a small part of a much larger strategy by Big Pharma to clean our pockets.
public
When times are tough, public employees should have to make the same sacrifices as everyone else.
accepted best global isolate knew leadership ourselves required role taking understood
We never used to blink at taking a leadership role in the world. And we understood leadership often required something other than drones and bombs. We accepted global leadership not just for humanitarian reasons, but also because it was in our own best interest. We knew we couldn't isolate ourselves from trouble. There was no place to hide.
business directing ended government grew majority party rather shared street vast wall
The Tea Party grew out of indignation over the Wall Street bailout - an indignation shared by the vast majority of Americans. But the Tea Party ended up directing its ire at government rather than at big business and Wall Street.
best interests money
The monied interests are doing what they do best - making money. The rest of us need to do what we can do best - use our voices, our vigor, and our votes.
capital favor gains interest laws lower mortgage ordinary rate
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
benefits families money pockets spending
Not only do unemployment benefits help families who are hurting; they also put money into their pockets that they'll then spend - and their spending will keep other Americans in jobs.
becoming less nations relevant
Nations are becoming less relevant in a world where everyone and everything is interconnected. The connections that matter most are again becoming more personal.
abandoned began companies corporate deliver higher mounting raiders returns
In the 1980s, corporate raiders began mounting unfriendly takeovers of companies that could deliver higher returns to their shareholders - if they abandoned their other stakeholders.
came city form life luther martin memphis tried workers
In 1968, the sanitation workers of Memphis tried to form a union. The city resisted. The Rev. Martin Luther King, Jr. came to support them. That was where he lost his life.
bargain basic buy decades employers might paid
During three decades from 1947 to 1977, the nation implemented what might be called a basic bargain with American workers. Employers paid them enough to buy what they produced.
advanced america fortune healthier per spends though
America spends a fortune on drugs: more per person than any other nation on earth, even though Americans are no healthier than the citizens of other advanced nations.