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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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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
War
Rate
Three
Taxes
Firsts
Demand
First
Lead
Slower
Never
Percent
Rates
World
Growth
Wealthy
Higher
Myth
Less
Decades
More quotes by Robert Reich
In Washington, it's dog eat dog. In academia, it's exactly the opposite.
Robert Reich
The rich would do better with a smaller share of a rapidly growing economy then they're doing now with a large share of an economy that is barely growing at all.
Robert Reich
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.
Robert Reich
The path to success used to be up and through an organization. Now the path to success is increasingly through self-promotion.
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
You can't inspire people if you are going to be uninspiring.
Robert Reich
Education is not the only answer and it's certainly not the immediate solution. At best, it's a necessary, but not sufficient response to widening inequality.
Robert Reich
Any bank that is too big to fail is too big. Period.
Robert Reich
I wish it were simply a nightmare, but I think that any reasonable person watching American politics would come to the conclusion that a second Bush administration would in fact incorporate a more radicalized version of what we've seen in the first administration.
Robert Reich
The silent majority really is a liberal majority, even though the word liberal has taken a real beating over the last 20 years by radical conservatives.
Robert Reich
Our moral authority is as important, if not more important, than our troop strength or our high-tech weapons. We are rapidly losing that moral authority, not only in the Arab world but all over the world.
Robert Reich
Radical conservatives want to police bedrooms.
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
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
We reform the system. We save capitalism from its own excesses.
Robert Reich
When the President decides to go to war, he no longer needs a declaration of war from congress.
Robert Reich
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
If you ever want to get a sense of your own personal failure, look at yourself trying to get across a point that nobody is listening to and the situation gets worse and worse.
Robert Reich
One thing I've learned from 35 years in the classroom is that people learn best when they are laughing, when they are emotionally hit, that it's both the brain and the heart.
Robert Reich
You`ve got to just follow the money [in Washington]. You see it. There`s no countervailing power.
Robert Reich
