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The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. At the least, this requires stronger unions and a higher minimum wage.

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
Economy
Requires
Least
Structure
Grows
Bottom
Change
Benefits
Way
Stronger
Percent
Wage
Grow
Minimum
Higher
Unions

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We need to expand Social Security to prevent the looming retirement crisis, and we can do it simply by asking billionaires to pay their fair share.
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You can't create a political movement out of pabulum.
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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.
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The core principle is that we want an economy that works for everyone, not just for a small elite. We want equal opportunity, not equality of outcome. We want to make sure that there's upward mobility again, in our society and in our economy.
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Most Americans are on a downward escalator. Median wage in the United States, adjusted for inflation, keeps on dropping.
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It's very hard to establish an economy of trustworthiness. The key is continuing to innovate and to keep your customers through innovation, because the customers can leave. But once you are a dominant player that continues to innovate and provide a good deal, customers will stay with you.
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Being critical of the nation is a far cry from being unpatriotic or anti-American. In fact, most social criticism . . . is based on a love of America's ideals and a concern we're not living up to them.
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The Democratic Party is DEAD.
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On the Republican playing field, Republicans always win.
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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.
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I knew Hillary Clinton from undergraduate days and was enormously impressed with her. She was a terrific energy and enthusiasm, and a great organizer. And I knew that she was going to have a political future.
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A funny thing happened to the First Amendment on its way to the public forum. According to the Supreme Court, money is now speech and corporations are now people. But when real people without money assemble to express their dissatisfaction with the political consequences of this, they’re treated as public nuisances and evicted.
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Yale Law School was the kind of place you went if you felt you needed to go to law school, maybe, for your resume, but you really didn't want to practice law. You wanted to do public policy, or maybe go into politics.
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Disney is no longer just Mickey Mouse Disney is family entertainment. And we're seeing more and more brands change into something that is far greater and broader than individual products and services.
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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.
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You`ve got to just follow the money [in Washington]. You see it. There`s no countervailing power.
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True patriotism isn't cheap. It's about taking on a fair share of the burden of keeping America going.
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America's real business leaders understand unless or until the middle class regains its footing and its faith, capitalism remains vulnerable.
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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.
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You can't inspire people if you are going to be uninspiring.
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