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. Robert Reich atlanticcitydrop share on social
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. Robert Reich americanbargainbasic Change image and share on social
A Democratic president should propose a major permanent tax reduction on the middle class and working class. I suspect most of the public would find this attractive. Robert Reich attractiveclassdemocratic Change image and share on social
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. Robert Reich americanassociationbelong share on social
Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them. Robert Reich charitablecontributiondeduction Change image and share on social
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. Robert Reich acceptblinkbomb share on social
The 'free market' is the product of laws and rules continuously emanating from legislatures, executive departments, and courts. Robert Reich continuouslycourtdepartment Change image and share on social
Most financiers, corporate lawyers, lobbyists, and management consultants are competing with other financiers, lawyers, lobbyists, and management consultants in zero-sum games that take money out of one set of pockets and put it into another. Robert Reich competeconsultantcorporate share on social
More people are killed by stray bullets every day in America than have been killed by Ebola here. More are dying because of poverty and hunger. Robert Reich americabulletday Change image and share on social
Only if everyone buys insurance can insurers afford to cover people with preexisting conditions or pay the costs of catastrophic diseases. Robert Reich affordbuycatastrophic Change image and share on social