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Robert Reich Quotes
Robert Reich Quotes
Robert Reich
American
Economist
Born:
Jun 24
,
1946
America
American
Big
Money
People
Work
Related authors:
Alan Greenspan
Herbert A. Simon
John Kenneth Galbraith
Milton Friedman
Paul A. Volcker
Peter Navarro
Richard Thaler
Thomas Sowell
Our moral authority is as important, if not more important, than our troop strength or our high-tech weapons. We are rapidly losing that moral authority, not only in the Arab world but all over the world.
Robert Reich
Strength
World
Losing
Moral Authority
Important
Our
Arab
Arab World
Rapidly
Moral
Weapons
More
Only
Troop
High-Tech
Over
Than
Authority
Media outlets that are exploiting Ebola because they want a sensational story and politicians using it to their own ends ought to be ashamed.
Robert Reich
Own
Politicians
Ought
Outlets
Because
Sensational
Ends
Want
Story
Ashamed
Exploiting
Using
Media
Public fear isn't something to be played with.
Robert Reich
Fear
Something
Public
Played
Government subsidies to elite private universities take the form of tax deductions for people who make charitable contributions to them.
Robert Reich
Government
People
Charitable
Take
Make
Private
Contributions
Subsidies
Tax
Form
Them
Deduction
Who
Elite
Universities
Drug company payments to doctors are a small part of a much larger strategy by Big Pharma to clean our pockets.
Robert Reich
Doctors
Big
Strategy
Our
Pockets
Small
Clean
Small Part
Part
Much
Payments
Company
Larger
Conservatives believe the economy functions better if the rich have more money and everyone else has less. But they're wrong. It's just the opposite.
Robert Reich
Money
Better
Rich
Believe
Conservatives
Else
Everyone
Everyone Else
More
Wrong
Economy
Opposite
Just
Less
Functions
The job creators are members of America's vast middle class and the poor, whose purchases cause businesses to expand and invest.
Robert Reich
Class
Cause
Job
Job Creators
Members
Purchases
Vast
Invest
Expand
America
Middle
Middle Class
Poor
Businesses
Creators
Whose
In America, people with lots of money can easily avoid the consequences of bad bets and big losses by cashing out at the first sign of trouble.
Robert Reich
People
Money
Trouble
First
Big
Consequences
Sign
Easily
Out
Bad
Bets
Losses
Lots
America
Avoid
You might say those who can't repay their student debts shouldn't have borrowed in the first place. But they had no way of knowing just how bad the jobs market would become.
Robert Reich
You
First
Become
Market
Way
Say
Those
Jobs
Bad
Would
Borrowed
Student
Had
Knowing
First Place
How
Repay
Debts
Just
Place
Might
Who
Detroit is really a model for how wealthier and whiter Americans escape the costs of public goods they'd otherwise share with poorer and darker Americans.
Robert Reich
Otherwise
Darker
Costs
Detroit
Share
Goods
How
Escape
Model
American
Public
Poorer
Really
Official boundaries are often hard to see. If you head north on Woodward Avenue, away from downtown Detroit, you wouldn't know exactly when you left the city and crossed over into Oakland County - except for a small sign that tells you.
Robert Reich
You
Avenue
Sign
Oakland
Tells
City
Exactly
See
Crossed
Small
Except
Detroit
Head
Boundaries
Over
Know
County
Left
North
Official
Often
Woodward
Hard
Away
Downtown
If we give up on politics, we're done for. Powerlessness is a self-fulfilling prophesy.
Robert Reich
Politics
Give
Prophesy
Powerlessness
Self-Fulfilling
Up
Done
The monied interests are doing what they do best - making money. The rest of us need to do what we can do best - use our voices, our vigor, and our votes.
Robert Reich
Best
Money
Rest
Our
Voices
Votes
Making
Making Money
Doing
Us
Interests
Use
Vigor
Need
In the 1980s, corporate raiders began mounting unfriendly takeovers of companies that could deliver higher returns to their shareholders - if they abandoned their other stakeholders.
Robert Reich
Other
Corporate
Abandoned
Could
Higher
Deliver
Shareholders
Returns
Began
Mounting
Unfriendly
Stakeholders
Companies
Raiders
Some argue shareholder capitalism has proven more efficient. It has moved economic resources to where they're most productive, and thereby enabled the economy to grow faster.
Robert Reich
Capitalism
Faster
Resources
Some
More
Economic
Argue
Economy
Most
Proven
Efficient
Moved
Where
Productive
Thereby
Grow
Instead of worrying about who's American and who's not, here's a better idea: Create incentives for any global company to do what we'd like it to do in the United States.
Robert Reich
Better
Worrying
States
About
Instead
Idea
Like
Global
American
Any
Create
Incentives
Company
United
United States
Here
We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?
Robert Reich
Class
Property
Wealth
Value
Wealthy
Small
Major
Annual
Stocks
Middle
Tax
Middle Class
Homes
Why
Asset
Why Not
Assets
Bonds
Even if there's no way to stop U.S. corporations from shedding their U.S. identities and becoming foreign corporations, there's no reason they should retain the privileges of U.S. citizenship.
Robert Reich
Way
Corporations
Citizenship
No Reason
Retain
Identities
Shedding
Becoming
Foreign
Privileges
Stop
Should
Reason
Even
It's true that redistributing income to the needy is politically easier in a growing economy than in a stagnant one.
Robert Reich
Needy
Easier
True
Economy
Than
Politically
Stagnant
Growing
Income
Harvard, Yale, Princeton, and the rest of the Ivy League are worthy institutions, to be sure, but they're not known for educating large numbers of poor young people.
Robert Reich
People
Rest
Princeton
Young
Harvard
Worthy
League
Institutions
Known
Sure
Yale
Educating
Ivy
Ivy League
Young People
Poor
Large
Large Numbers
Numbers
A society - any society - is defined as a set of mutual benefits and duties embodied most visibly in public institutions: public schools, public libraries, public transportation, public hospitals, public parks, public museums, public recreation, public universities, and so on.
Robert Reich
Benefits
Public Schools
Society
Defined
Visibly
Libraries
Embodied
Mutual
Parks
Hospitals
Recreation
Institutions
Most
Schools
Any
Duties
Public
Transportation
Set
Universities
Museums
Public institutions are supported by all taxpayers and are available to all.
Robert Reich
Supported
Institutions
Public
Available
Taxpayers
Walmart is so huge that a wage boost at Walmart would ripple through the entire economy, putting more money in the pockets of low-wage workers. This would help boost the entire economy - including Walmart's own sales.
Robert Reich
Ripple
Money
Own
Boost
Would
Entire
Pockets
More
Through
Putting
Economy
Wage
Sales
Huge
Walmart
Workers
Help
Including
Limits should be placed on how big big banks can become.
Robert Reich
Big
Become
How
Limits
Banks
Placed
Should
Not only do unemployment benefits help families who are hurting; they also put money into their pockets that they'll then spend - and their spending will keep other Americans in jobs.
Robert Reich
Money
Benefits
Will
Other
Spend
Spending
Jobs
Hurting
Pockets
Only
Put
Also
Unemployment
Families
Unemployment Benefits
American
Then
Help
Who
Keep
I'm not one of those who thinks the only way to fix what's wrong with American education is to throw more money at it. We also need to do it much better.
Robert Reich
Education
Money
Better
Way
Those
More
Only
Throw
Wrong
Also
Fix
American
Much
Who
Thinks
Need
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