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
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Employers have to understand that if they want to attract and keep good people, they've got to treat those people as whole people who have lives outside work,
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Political scientists after World War II hypothesized that even though the voices of individual Americans counted for little, most people belonged to a variety of interest groups and membership organizations - clubs, associations, political parties, unions - to which politicians were responsive.
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Obviously, personal responsibility is important. But there's no evidence that people who are poor are less ambitious than anyone else. In fact, many work long hours at backbreaking jobs.
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Only if everyone buys insurance can insurers afford to cover people with preexisting conditions or pay the costs of catastrophic diseases.
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I'm all in favor of supporting fancy museums and elite schools, but face it: These aren't really charities as most people understand the term.
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Too many young people graduate laden with debts that take years, if not decades, to pay off.
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Economies are risky. Some industries rise, and others implode, like housing. Some places get richer, and others drop, like Atlantic City. Some people get new jobs that pay better, many lose their jobs or their wages.
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In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble.
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We're going to have to have a massive program to get these people permanent housing, ideally near or in their former communities, to get them jobs, to help restart businesses and to provide transportation,
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Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them.
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We need a national infrastructure bank to rebuild our crumbling highways and water and sewer systems, thereby putting additional people back to work.
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Our young people - their capacities to think, understand, investigate, and innovate - are America's future.
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Average working people need more fresh starts. Big corporations, banks, and Donald Trump need fewer.
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Over the long term, the only way we're going to raise wages, grow the economy, and improve American competitiveness is by investing in our people - especially their educations.