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Robert Reich


Robert Reich


Robert Reich, former U.S. Secretary of Labor, is professor of public policy at the University of California at Berkeley and the author of "Aftershock: The Next Economy and America's Future." He blogs at robertreich.org.


Telling the truth about Obama
By Robert Reich

TO HEAR THE media report it, President Obama is proposing a tax increase on wealthy Americans. That’s misleading at best. He’s proposing that everyone — including the rich — receive a continuation of the Bush tax cuts on the first $250,000 of their incomes. (If they’re filing singly, the first $200,000.) Any dollars they earn in excess of $250,000 will be taxed at the old Clinton-era rates.
Get it? Everyone is treated exactly the same. Everyone gets a one-year extension of the Bush tax cut on the first $250,000 of income. No “class warfare.”

Tuesday, July 24, 2012 2:19 PM
 
The true meaning of patriotism
By Robert Reich

RECENTLY I PUBLICLY debated someone who said Arizona and every other state should use whatever means necessary to keep out illegal immigrants. He wants English to be spoken in every classroom in the nation, and the Pledge of Allegiance recited every morning. And he wants to restore every dollar of the $500 billion in defense cuts scheduled to start in January. “We have to preserve and protect America,” he said. “That’s the meaning of patriotism.”

Tuesday, July 10, 2012 2:53 PM
 
Economy stuck in first gear
By Robert Reich

RARELY IN HISTORY has the cause of a major economic problem been so clear yet have so few been willing to see it.
The major reason this recovery has been so anemic is not Europe’s debt crisis. It’s not, as right-wing economists tell us, because taxes are too high on corporations and the rich, safety nets are too generous to the needy, and regulations on business are too onerous. It’s not even, as some liberals contend, because the Obama administration hasn’t spent enough on a temporary Keynesian stimulus.

Tuesday, June 26, 2012 2:17 PM
 
The job stall
By Robert Reich

HOWEVER?ONE looks at last Friday’s jobs report, it’s a stunning reminder of how anemic the recovery has been — and how perilously close America is to falling into another recession.
Not only has the unemployment rate risen for the first time in almost a year, to 8.2%, but, more ominously, May’s payroll survey showed that employers created only 69,000 net new jobs. The Labor Department’s Bureau of Labor Statistics also revised its March and April reports downward. Only 96,000 new jobs have been created, on average, over the last three months.

Tuesday, June 12, 2012 2:39 PM | Updated ( Tuesday, February 18, 2014 1:32 PM )
 
It’s a tough road for new graduates
By Robert Reich
Members of the Class of 2012,

As a former secretary of Labor and current professor, I feel I owe it to you to tell you the truth about the pieces of parchment you’re picking up today.
You’re screwed.
Well, not exactly. But you won’t have it easy.
First, you’re going to have a hell of a hard time finding a job. The job market you’re heading into is still bad. Fewer than half of the graduates from last year’s class have as yet found full-time jobs. Most are still looking.

Tuesday, May 29, 2012 6:25 PM
 
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