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Robert Reich

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ROBERT B. REICH, Chancellor’s Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton...

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Flickr / Abeeeer (CC-BY)

Why There’s a Bull Market for Stocks and Bear Market for Workers

On Tuesday the Dow Jones Industrial Average rose above 14,270. The stock market is basically back to where it was in 2000, while corporate earnings have doubled since then. Yet the real median wage is now 8 percent below what it was then and unemployment remains sky-high. Why is the stock market doing so well, while most Americans are doing so poorly? Here are four reasons. 

Posted on Mar 6, 2013 READ MORE


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The White House/Pete Souza

What Obama Should Do Now

I’d make clear to the American people that they made a choice in 2012 but that right-wing House Republicans have been blocking that choice, and the only way to implement that choice is for Congress to pass the Build America’s Future Act.

Posted on Mar 5, 2013 READ MORE


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Sequestration Nation, and Remembering Robert Kennedy

With the sequester now beginning, I find myself thinking about Robert F. Kennedy—and 46 years ago when I was an intern in his Senate office. 1967 was a difficult time for the nation. America was deeply split over civil rights and the Vietnam War. Many of our cities were burning. The war was escalating.

Posted on Mar 4, 2013 READ MORE


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The Sequester and the Tea Party Plot

Sequestration is only the start. What the tea party set out to do was not simply change Washington but eviscerate the U.S. government—“drown it in the bathtub,” in the words of their guru Grover Norquist.

Posted on Mar 3, 2013 READ MORE


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The White House/Pete Souza

Why Obama Must Meet the Republican Lies Directly

The White House apparently believes the best way to strengthen its hand in the upcoming “sequester” showdown with Republicans is to tell Americans how awful the spending cuts will be, and blame Republicans for them.

Posted on Feb 25, 2013 READ MORE


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Why Many in Washington Don’t Have Half a Brain

With consumers and government both spending less, businesses won’t hire more workers; they’ll fire more workers. That’s likely to happen in coming months. Anyone with half a brain should be able to understand all this. But apparently many in Washington don’t have half a brain.

Posted on Feb 24, 2013 READ MORE


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Connecting Entitlement Reform to Immigration Reform

Most of us early boomers had planned to retire around now. Those born a few years later had planned to retire in a few years. These plans have gone awry.

Posted on Feb 20, 2013 READ MORE


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Bio

ROBERT B. REICH, Chancellor’s Professor of Public Policy at the
University of California at Berkeley, was Secretary of Labor in the
Clinton administration. Time Magazine named him one of the ten most
effective cabinet secretaries of the last century. He has written
thirteen books, including the best sellers “Aftershock” and “The Work
of Nations.” His latest, “Beyond Outrage,” is now out in paperback. He
is also a founding editor of the American Prospect magazine and
chairman of Common Cause.

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