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
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.
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.
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.
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.
public
When times are tough, public employees should have to make the same sacrifices as everyone else.
clean doctors larger
Drug company payments to doctors are a small part of a much larger strategy by Big Pharma to clean our pockets.
The only way to make sure no bank is too big to fail is to make sure no bank is too big.
graduate people
Too many young people graduate laden with debts that take years, if not decades, to pay off.
charities elite fancy museums people supporting
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.
business good government street truth wall
In truth, government has been good to Wall Street and big business.
competing feed food hard
It is hard to bite the hands that feed you, especially when you are competing for food.
Limits should be placed on how big big banks can become.
afford buys conditions costs cover people
Only if everyone buys insurance can insurers afford to cover people with preexisting conditions or pay the costs of catastrophic diseases.
fear
Public fear isn't something to be played with.