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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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Stories by Robert Reich

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Why You Shouldn’t Shop at Walmart on Black Friday

America’s largest employer is Walmart, whose average employee earns $8.81 an hour. A third of Walmart’s employees work less than 28 hours per week and don’t qualify for benefits.

Posted on Nov 21, 2012 READ MORE


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Why We Should Stop Obsessing About The Federal Budget Deficit

The best way to generate jobs and growth is for the government to spend more, not less. And for taxes to stay low – or become even lower – for the middle class.

Posted on Nov 19, 2012 READ MORE


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Why BP Isn’t a Criminal

The Justice Department just entered into the largest criminal settlement in U.S. history with BP. The oil giant pleaded guilty to 14 criminal counts, including manslaughter, and agreed to pay $4 billion over the next five years. This is loony.

Posted on Nov 16, 2012 READ MORE


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Avoiding the ‘Fiscal Cliff’: ‘Broadening the Tax Base’ vs. Raising Taxes on the Rich

The president says he wants $1.6 trillion in tax hikes. Republicans say they won’t raise tax rates but might be willing to close some loopholes and limit some deductions and tax credits. Is compromise in the air?

Posted on Nov 14, 2012 READ MORE


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The President’s Opening Bid on a Grand Bargain (II): Put a Trigger Mechanism in the Legislation

When he meets with congressional leaders to begin discussions about avoiding the “fiscal cliff,” Obama should make clear that America faces two big economic challenges ahead: getting the economy back on track and getting the budget deficit under control.

Posted on Nov 13, 2012 READ MORE


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The President’s Opening Bid on a Grand Bargain: Aim High

Assuming the goal is $4 trillion of deficit reduction over the next decade (that’s the consensus of the Simpson-Bowles commission, the Congressional Budget Office, and most independent analysts), here’s what the President should propose.

Posted on Nov 12, 2012 READ MORE


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The Next Game of Economic Chicken: Taxing the Rich

The game of chicken isn’t about how much or when we cut the budget deficit. Or even whether the upcoming “fiscal cliff” poses a danger to the economy.

Posted on Nov 10, 2012 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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