Robert Reich: The Economic Elephant

[limpyhobbler]

Published on Apr 30, 2013
What's really wrong with the economy, and why?

Unemployment is still high and job creation hasn't made a big dent this many years into the so-called recovery. Who has the best plan? Is it the Keynesians? On the other end, the Austerics?

The answer is neither, really. They both neglect the economic elephant in the room - spreading wealth to the wealthy keeps buying power away from the middle class; it simply does not lead to economic recovery, historically. Perhaps looking to history can help us learn what works and what doesn't.

Robert Reich (Professor of Public Policy at UC Berkeley, and former Labor Secretary) delivers a compelling argument for a 6-point plan for economic recovery.


https://twitter.com/RBReich

http://robertreich.org/

I'm more of a Rick Wolff fan. But hey this is not bad.

[midnight]

1. K&R

[Plucketeer]

2. If only

But there's NO WAY we're "goin' there". Not with the "leadership" we've got now. Even the guys that one might surmise should be working in our interests - they're NOT.

I've been saying for YEARS that the wealthy (doesn't matter WHAT letter's next to their name) are doing their level best to force the American labor pool to be competitive with the Asian hordes. That's what all of Glamorus Bill's free trade crap's about and that's what Obama's not talking about in the looming TPP. American workers - grab your collective ankles and learn to like beans and rice. Get a handle on the idea that "cat food" will come to mean when you get to dine on such a delicacy - roast cat, that is.