Tag Archive for the Economy

The Economy in 2016: On the Edge of Recession

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By Robert Reich – Economic forecasters exist to make astrologers look good, but I’ll hazard a guess. I expect the U.S. economy to sputter in 2016. That’s because the economy faces a deep structural problem: not enough demand for all the goods and services it’s capable of producing. American consumers account for almost 70 percent…

The Perils of Circus Politics

By Robert Reich – The next president of the United States will confront a virulent jihadist threat, mounting effects of climate change, and an economy becoming ever more unequal. We’re going to need an especially wise and able leader. Yet our process for choosing that person is a circus, and several leading candidates are clowns.…

Ten Ways to Make the Economy Work

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By Robert Reich – One big reason America was far more equal in the 1950s and 1960s than now is unions were stronger then. That gave workers bargaining power to get a fair share of the economy’s gains – and unions helped improve wages and working conditions for everyone. But as union membership has weakened…

The Defining Economic Moment and Hillary Clinton

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By Robert Reich – It’s a paradox. Almost all the economic gains are still going to the top, leaving America’s vast middle class with stagnant wages and little or no job security. Two-thirds of Americans are working paycheck to paycheck. Meanwhile, big money is taking over our democracy. If there were ever a time for…