Former Secretary of Labor Robert Reich does an excellent job of - TopicsExpress



          

Former Secretary of Labor Robert Reich does an excellent job of cutting through all the b.s. perpetrated by the media about the economy to present factual information about how the economy has changed. While I have no doubt that those on the radical right will simply dismiss his film with the usual right-wing name calling, and those on the far left will say he doesnt go far enough, Reich really does explain how our economic policies have allowed the wealthiest amongst us to destroy the middle class so a small portion of the nation can amass incredible wealth. What is especially revealing is the factual information showing that vast wealth does not result in reinvestment in America -- it goes into savings and stocks since they cant possibly spend all that money. The film clearly shows, factually, how the reduction in the size and wealth of the middle class is killing our economy. It shows how salaries for the middle class have actually declined (in constant dollars) since the 1980s. It logically explains why and explains the three phenomena that have resulted. While the facts are very depressing, Reich maintains a self-deprecating sense of humor throughout. Hed make a great president, but hes just too short, insightful, analytical, and honest to have a chance.
Posted on: Sun, 20 Jul 2014 14:40:05 +0000

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