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The problem right now is jobs. The problem right now is the economy and economic growth.
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
Economic
Jobs
Problem
Right
Growth
Economy
More quotes by Robert Reich
If consumers don't have the wherewithal to spend because all the money's going to the top, and the people at the top only spend a very small fraction of what they earn, then the economy is almost inevitably destined to slow.
Robert Reich
Well-trained and dedicated employees are the only sustainable source of competitive strength.
Robert Reich
I mean, you hear the word 'globalization' over and over and over again. Globalization, globalization, globalization. Rarely has a word gone so directly from obscurity to meaninglessness without any intervening period of coherence.
Robert Reich
We can't know in advance what history is going to say, but I would be utterly amazed and surprised if this entire adventure, this entire Iraqi invasion from the beginning of its inception, were not judged to be an utter failure and a terrible, terrible thing for the world.
Robert Reich
Liberals are concerned about the concentration of wealth because it almost inevitably leads to a concentration of power that undermines democracy.
Robert Reich
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
In Washington, it's dog eat dog. In academia, it's exactly the opposite.
Robert Reich
The United States is a safe harbor.
Robert Reich
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
On the Republican playing field, Republicans always win.
Robert Reich
When corporations get special handouts from the government, subsidies and tax breaks, it costs you. It means you have to pay more in taxes to make up for these hidden expenses, and government has less money for good schools and roads, Medicare and national defense and everything else you need.
Robert Reich
The poverty line understates the true amount of poverty because it measures it as three times the breadbasket that a family needs, but it doesn't consider all the other things that are inflating far, far faster than food prices.
Robert Reich
Socialism for rich bankers and capitalism for everyone else.
Robert Reich
There are party leaders, big corporation, Wall Street. There are very wealthy individuals who kind of represent where the Democratic Party, the official Democratic Party was and to some extent still is.
Robert Reich
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
If you give up on politics, you're giving up on democracy. And if you give up on democracy, you're basically saying to the moneyed interests, the powerful people and institutions of society, take it all. That's a self-fulfilling prophecy. Then we give up. Then we are 100 percent plutocracy.
Robert Reich
You can't inspire people if you are going to be uninspiring.
Robert Reich
There`s sort of a chilling effect on non-profits and the media and a lot of other places because the establishment is so powerful. That`s where the money is.
Robert Reich
Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.
Robert Reich
The managers of the big brands have a very clear responsibility. It's attracting and keeping talented people in order to sustain and build the trustworthiness of that brand. There is no clearer objective in the economy. Your economic success depends on expanding and building your economies of trustworthiness.
Robert Reich