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Those who analogize the federal budget to a family's budget must know nothing about either.

Robert Reich

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Robert Reich
Age: 78
Born: 1946
Born: June 24
Economist
Former United States Secretary Of Labor
Political Scientist
Politician
University Teacher
Scranton
Pennsylvania
Robert Bernard Reich
Budgets
Federal
Either
Family
Nothing
Must
Budget

More quotes by Robert Reich

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If we're concerned about volatility of earnings because we want some more stability in our lives, then let's create, instead of an unemployment insurance system, an earnings insurance system that will moderate the volatility for a certain period of time until we get back on our feet.
Robert Reich
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The only sure way to stop excessive risk taking on Wall Street so you don't risk losing your job, or your savings or your home, is to put an end to the excessive economic and political power of Wall Street by busting up the big banks.
Robert Reich
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Most Americans stopped looking at what was happening through a variety of coping mechanisms - starting with women entering paid work and then everyone working longer hours and using their homes for raising equity and generating more money through debt. The typical household basically staved off the day of reckoning.
Robert Reich
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Cynicism is the last refuge of those who don't want to do the work of creating a better society.
Robert Reich
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The federal budget deficit isn't the nation's major economic problem and deficit reduction shouldn't be our major goal. Our problem is lack of good jobs and sufficient growth, and our goal must be to revive both.
Robert Reich
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I started in the law and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.
Robert Reich
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If leadership is about anything, it's about leading. Not leading people back to where they already are, because they don't need that. They're already there.
Robert Reich
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The key to understanding the rise in inequality isn't technology or globalization. It's the power of the moneyed interests to shape the underlying rules of the market.
Robert Reich
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Now, inventiveness and empathy, those qualities, if they're together in the same person, you've got an entrepreneurial genius. But they do tend to be slightly separate.
Robert Reich
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We are now enjoying the liberation that comes with not having to be organization men and women, and that's fabulous. But there are new social consequences here of which we need to be aware, and the sale of the self and what that entails for the rest of our lives is quite sobering.
Robert Reich
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Most Americans are on a downward escalator. Median wage in the United States, adjusted for inflation, keeps on dropping.
Robert Reich
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There is a crisis of public morality. Instead of policing bedrooms, we ought to be doing a better job policing boardrooms.
Robert Reich
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When I was a kid, the bigger boys would pick on me. So I got an idea that I would make alliances with older boys, like just one or two, who would be my protectors.
Robert Reich
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I was there in Washington in the `90s. It was pretty bad then. It`s much worse now [in 2015]. And that vicious cycle is you`ve got again big corporations, executives, Wall Street, very wealthy individuals in both parties who are calling the shots.
Robert Reich
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Radical conservatives want to police bedrooms.
Robert Reich
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It is a myth that higher taxes lead to less demand and slower growth. In the first three decades after World War II, US top tax rates on the wealthy were never below 70 percent.
Robert Reich
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In Washington, it's dog eat dog. In academia, it's exactly the opposite.
Robert Reich
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You can't create a political movement out of pabulum.
Robert Reich
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The Democratic Party is DEAD.
Robert Reich
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We're now moving toward a radically different economy. You absolutely can't have a distribution oligopoly. The new oligopolies - and I think there will be new oligopolies - will be oligopolies of trustworthiness. Microsoft, Amazon, Schwab, and other brands will dominate psychic space, not shelf space.
Robert Reich