Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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
Three
Line
True
Poverty
Needs
Amount
Things
Food
Inflating
Lines
Measures
Times
Prices
Family
Faster
Doesn
Consider

More quotes by Robert Reich

Image
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.
Robert Reich
Image
Cynicism is the last refuge of those who don't want to do the work of creating a better society.
Robert Reich
Image
There will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions.
Robert Reich
Image
In Washington, it's dog eat dog. In academia, it's exactly the opposite.
Robert Reich
Image
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.
Robert Reich
Image
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
Image
You ask, Could we have an honest discussion about earnings insurance? I think we could, if people understood that the alternative was to build up a backlash against global capital, against free trade, against technological change.
Robert Reich
Image
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
Image
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
Image
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
Image
There is a crisis of public morality. Instead of policing bedrooms, we ought to be doing a better job policing boardrooms.
Robert Reich
Image
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
Image
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
Image
Corporations are not people, despite what the Supreme Court says, and they don't need or deserve handouts.
Robert Reich
Image
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
Image
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
Image
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
Image
And now we're suffering the logical culmination of all this: the largest group of government-hati ng, racist, homophobic, misogynistic know-nothing, climate-change denying, evolution-denyi ng, science-denying , anti-immigrant House Republicans in history, bent on taking America back to the 19th century.
Robert Reich
Image
One logical consequence of this New Economy composed of big brands and entrepreneurial groups is that the unit of production is no longer a particular, identical product. The unit of production is the creative individual.
Robert Reich
Image
We are born, we grow up, we live our lives as best we can. If we are thoughtful we are good parents and good partners. If we are wise we strive for integrity and intimacy. If we are fortunate we discover love and joy. If we are able, we make the world a little better than we found it.
Robert Reich