Averages don't always reveal the most telling realities. You know, Shaquille O'Neal and I have an average height of 6 feet.
Robert ReichThere will always be a business cycle, and white-collar workers will get hit in the next recession like they always do in recessions.
Robert ReichWe used to be so proud that our country offered far more economic opportunities than the feudal system in Great Britain, with its royal family, princesses and dukes. But social mobility in the UK is higher than in the US. Our social rift is as big as it was in the 1920s.
Robert ReichI grew up poor. My mother raised a family of four on between $9,000 and $15,000 a year.
Robert ReichAnyone believing the TPP is good for Americans take note: The foreign subsidiaries of U.S.-based corporations could just as easily challenge any U.S. government regulation they claim unfairly diminishes their profits - say, a regulation protecting American consumers from unsafe products or unhealthy foods, investors from fraudulent securities or predatory lending, workers from unsafe working conditions, taxpayers from another bailout of Wall Street, or the environment from toxic emissions.
Robert Reich