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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
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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
Understood
Insurance
Honest
Alternative
Free
Technological
Change
Capital
Think
Discussion
Thinking
Global
People
Trade
Earnings
Build
Backlash
More quotes by Robert Reich
I think that in politics, when people want to discredit a particular position, they say, Oh, they are liberals, or They are conservatives we are centrists. Everybody wants to be a centrist.
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The Democratic Party is DEAD.
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Terrorism itself is not the greatest danger we face.
Robert Reich
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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You`ve got to just follow the money [in Washington]. You see it. There`s no countervailing power.
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
The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.
Robert Reich
I, from the luxury of my laptop computer, can summon extraordinary bargains on everything I want, and I can also move my savings anywhere. This ability to choose more broadly and to switch more easily is the central fact of modern economic life.
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.
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When the President decides to go to war, he no longer needs a declaration of war from congress.
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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.
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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.
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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.
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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.
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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.
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Social change occurs when the gap between the ideals that people hold and the reality that they see every day gets too large.
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You can't create a political movement out of pabulum.
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If you're going to be a great guide to what's great for consumers, and, indirectly, for investors, you've got to be very careful about who you contract with and what you're offering.
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Bill Clinton was a very, very good speaker. But like many people who are great speakers and great thinkers and have a lot of energy and ambition, he talked too much.
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Standing up to bullies is the hallmark of a civilized society.
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