03 September 2010

Robert Reich: income inequality prevents recovery

Robert Reich's piece in today's New York Times is spot on, although I would have liked if he had discussed some models for how the U.S. could change its policies to achieve a better balance between investment opportunity and a stable, well-compensated, well-educated, and healthy population. Such as the way the recovery has taken place in Germany, and just what it is that's different about Germany's socioeconomic model that's made that possible. 

We need to wake up in this country and realize that our political and economic systems, including our systems of compensating working people and providing social services to our population, are broken, and that there are models on the other side of the Atlantic that illustrate quite well the sorts of reforms we need to make. 

1 comment:

  1. The article was watery compared to what we really need to do which is to tax the rich on all their money no matter where in the world it is.


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