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pipoman

(16,038 posts)

1. Why the Economy can't get out of First Gear?

Reply to Bill USA (Original post)

Wed Jun 13, 2012, 05:50 PM

Jun 2012

Because Robert Reich threw blue collar under the bus and ran over them...repeatedly..during a time when he could have defended them...he's a corporate sell out.

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Why the Economy can't get out of First Gear - Robert Reich [View all] Bill USA Jun 2012 OP

Why the Economy can't get out of First Gear? pipoman Jun 2012 #1

What about his thesis that not enough money is getting into the hands of enough people but instead Bill USA Jun 2012 #2

Yeah, thanks to him.. pipoman Jun 2012 #6

that's right he was pushing for foreign trade deals as sec of labor. and these trade deals are Bill USA Jun 2012 #7

Yep, sure did.. pipoman Jun 2012 #9

Reich was responsible for Alan "Mr. Magoo" Greenspan's opposition to regulating mortgage lenders. Bill USA Jun 2012 #13

Worker Displacement rates were lower during the 90's than in the 80's. see CRS report Bill USA Jun 2012 #8

When was he a corporate sell out? When he supported the wage-lowering, jobs-killing NAFTA? AnotherMcIntosh Jun 2012 #3

Yep pipoman Jun 2012 #5

and this is what caused the housing bubble? 2 wars financed on debt & deregulation did not produce Bill USA Jun 2012 #11

The fault of the "housing bubble" pipoman Jun 2012 #16

and this is what caused the housing bubble? 2 wars financed on debt and deregulation did not produce Bill USA Jun 2012 #10

Excuse me, but I don't understand your logic. Are you saying that "Reich did not throw blue collar AnotherMcIntosh Jun 2012 #12

then you don't understand logic at all. Bill USA Jun 2012 #14

Oh, you've shown me the error of my ways. AnotherMcIntosh Jun 2012 #15

the point of this thread is why is the recovery going as slow as it is. I quoted Reich who said: Bill USA Jun 2012 #18

Nope. AnotherMcIntosh Jun 2012 #19

I didn't think you would. Bill USA Jun 2012 #20

I know I'll be accused of kicking someone when their down but NAFTA lowered avg wage a whole 0.2% Bill USA Jun 2012 #23

The other big problem is that the housing market is not yet back. That is a MUST. RBInMaine Jun 2012 #4

I'm glad to see some defense of Reich. philly_bob Jun 2012 #17

Exactly. People make mistakes, Reich is willing to admit his mistakes and move on. Sirveri Jun 2012 #21

I'll tell you the answer in one tiny word: Zoeisright Jun 2012 #22