Globalization and free trade do spur economic growth, and they lead to lower prices on many goods. Robert Reich More Quotes by Robert Reich More Quotes From Robert Reich I think the big problem is you have a vicious cycle of wealth and power in America that`s just gotten completely out of control and you`ve seen it in politics. Robert Reich problem america thinking Inequality is bad for everyone, not just the middle class and the poor. Robert Reich middle poor class We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy? Robert Reich why-not home class Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation. Robert Reich workers wages years I think re-engineering or restructuring or downsizing or rightsizing or whatever you want to call it, it's basically firing, has gone way too far. Employees, as I've talked to them across the country, feel that they are not respected, they are not valued, they are worried about their jobs. They simply feel that the company is no longer loyal to them. Why should they be loyal to the company, they ask me. Why should I go the extra mile? Why should I care? Robert Reich business jobs country Most Americans are on a downward escalator. Median wage in the United States, adjusted for inflation, keeps on dropping. Robert Reich inflation dropping united-states What we really need to understand here is that it`s all about power. This is where the surge is coming from for Bernie Sanders. In some ways, it`s a very different - it`s a different surge, but it`s coming out of the same sort of sense of fundamental powerlessness and anger and frustration for Donald Trump. Robert Reich frustration different needs The Trans Pacific Partnership (and fast-track authority to whisk it through Congress without debate) is fast approaching. If you haven't seen our video about it, please watch. If you have, please share. And mobilize and organize friends and colleagues to call their senators and representatives to tell them to vote against this reprehensible deal. Robert Reich video track watches The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by Alan Greenspan and the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress. Robert Reich running war dirty America's real business leaders understand unless or until the middle class regains its footing and its faith, capitalism remains vulnerable. Robert Reich real class america 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 ifs people needs The Democratic Party is DEAD. Robert Reich democratic-party democratic party 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 obscurity gone mean A lot of attention has been going to social values - abortion, gay rights, other divisive issues - but economic values are equally important. Robert Reich social-values gay rights The key to understanding the rise in inequality isn't technology or globalization. It's the power of the moneyed interests to shape the underlying rules of the market. Robert Reich technology understanding keys Socialism for rich bankers and capitalism for everyone else. Robert Reich socialism rich bankers Cutting taxes is not bad. But if you cut taxes on the wealthy, which is what they wanted to do, you're not helping people who need better schools and better infrastructure and healthcare. You're basically robbing the middle class and the poor to provide tax cuts to the rich. Robert Reich cutting class school 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 taken real years True patriotism isn't cheap. It's about taking on a fair share of the burden of keeping America going. Robert Reich memorial-day remembrance america 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 understanding giving school
