30 Issues in 30 Days is our election year series on the important issues facing the country this election year. Today: How the victims of the Great Recession are coping and what the government can do to help them. Visit the 30 Issue home page for all of the conversations.
Robert Reich explains why an increasing share of income and wealth is going to the top and argues that income inequality has hobbled jobs and growth and undermines our democracy. Reich is Chancellor's Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley, and former Secretary of Labor under President Bill Clinton, and in Beyond Outrage: What Has Gone Wrong with our Economy and our Democracy, and How to Fix It, he provides ideas for solving the problems income inequality is creating.
Bill Rys, tax counsel for the National Federation of Independent Business, and Robert Reich, public policy professor at the University of California at Berkeley and author of Aftershock: The Next Economy and America's Future, give their takes on the claim that a tax on the wealthy is a tax on small business.
Local Robert Reich Appearances
Tuesday September 21, 2010 7:00pm at Barnes and Noble, 150 East 86th Street, New York, NY
Thursday, September 23 7:00pm at The Strand, , 828 Broadway, New York, NY
President Obama spent his Labor Day in Milwaukee, announcing big plans for the nation's infrastructure. The plan begins with an initial investment of $50 billion of taxpayer money, followed by increased spending over the next six years. It aims to build or repair 150,000 miles of roads; 4,000 miles of rail and 150 miles of airplane runways.
Former labor secretary under President Clinton, Robert Reich, says the Obama administration should take over BP’s operations in the Gulf of Mexico until the oil well is plugged, comparing it to the government’s takeover of the carmaker GM last year. In a blog post on his website, he writes that this would ensure that “the firm would unambiguously be working in the public’s interest."