Tag Archive for Poverty

There’s No Correlation Between Work and Worth


By Robert Reich – What someone is paid has little or no relationship to what their work is worth to society. Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider…

The Rise of the Non-Working Rich


By Robert Reich – In a new Pew poll, more than three quarters of self-described conservatives believe “poor people have it easy because they can get government benefits without doing anything.” In reality, most of America’s poor work hard, often in two or more jobs. The real non-workers are the wealthy who inherit their fortunes.…

The Three Biggest Right-Wing Lies About Poverty


By Robert Reich – Rather than confront poverty by extending jobless benefits to the long-term unemployed, endorsing a higher minimum wage, or supporting jobs programs, conservative Republicans are taking a different tack. They’re peddling three big lies about poverty. To wit: Lie No. 1: Economic growth reduces poverty “The best anti-poverty program,” wrote Paul Ryan,…