Watch: 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.
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.
Once again, it's upside down land over at Faux "news" with Bill-O and his buddy Charles Krauthammer. Never mind how many times their trickle-down economic theories have been proven wrong they're got their story line down and they're sticking to it. Read more...
Former Labor Secretary Robert Reich wrote a terrific column today on how completely irresponsible Newt Gingrich's new tax plan he just released is, so naturally CNN apparently wouldn't put him on the air unless he was forced to argue with The Wall Street Journal's resident hack, Stephen Moore. Read more...