Since we have yet to address the real cause of this recession, we are moving inexorably closer to causing The Greater Depression. If policymakers and mainstream economists fail to understand that the progenitor of a depression is debt and inflation, they will also be unable to provide a genuine solution. And the “solutions” they do offer are tantamount to seeking the avoidance of a hangover by forcing down a few more drinks.
Post Tagged with: "Robert Reich"
June 13, 2011 04:15
W.P.A. program new call of pro union Democrats?
Staunchly pro union Rep. Jan Schakowsky and former labor secretary Robert Reich called for a WPA style jobs program in separate venues this weekend.
February 10, 2011 06:05
Fixing the Economy Demands More Than a Stroll across Lafayette Park
According to a survey of 13,000 business executives worldwide, conducted by the World Economic Forum, 52 countries have less burdensome regulations than the United States. Add to that the fact that the United States has the highest corporate tax rate among all OECD countries and it becomes less mysterious why U.S. businesses shift more operations abroad.
December 17, 2010 07:23
When Does “Enough is Enough” Become a Reality?
Corruption, theft, racism and tyranny are rampant in our own government and yet we turn a blind eye. When will we put down the TV remote and get to work?
November 22, 2010 21:17
Palin is the embodiment of populist anger?
Robert Reich says Sarah Palin embodies the anger of people who feel that they are being screwed by the establishment.
March 8, 2010 05:16
George Will tells economist Reich the facts
During the Roundtable segment of Sunday’s “This Week,” Berkeley professor Robert Reich falsely claimed health insurance companies are exhibiting huge profits: “That is money directly out of the pockets of Americans.”
Will countered, “[C]onfiscate all the profits of all the health insurance companies, with those profits you could finance our healthcare for 48 hours.”
