From the TUC

Professor Robert Reich on the UK economy at the TUC next week

17 May 2013, by in Economics

Next Tuesday Robert Reich, Chancellor’s Professor of Public Policy at the University of California at Berkeley and former Secretary of Labour in the Clinton administration, will be speaking at the TUC, and holding an interview with Channel 4’s Economics Editor, Faisal Islam. In advance of his appearance Professor Reich has recorded us a short video clip setting out his views on the state of the UK economy.

Time magazine named Professor Reich one of the ten most effective cabinet secretaries of the last century. He is a best-selling author of thirteen books including Aftershock and The Work of Nations. He features in ‘Inequality for All’, a film about widening US income inequality and winner of the 2013 Sundance Festival Special Jury Award.

3 Responses to Professor Robert Reich on the UK economy at the TUC next week

  1. Dan Arosnon
    May 19th 2013, 7:01 pm

    Professor Reich,

    You are spot on Sir; especially when drawing the parallels between the UK’s and US’s circumstances. Since the inception of trickle-down economics, corporate profits and the wealth of those in the top tier have grown exponentially while employment has remained flat. And when jobs are created, they are most often off-shored.

    But here’s the sad truth. Neither the Democrats nor the Republicans are talking about fixing this. And if the government refuses to stop abuses by corporations and the wealthy, why should we believe they will make the investments that people like you and Joseph Stiglitz claim are needed to right our economic ship of state? Given this, where do we turn, Professor? Who will lead us to recovery? For a moment, we believed that President Obama would fill this role. Sadly, he turned out to be just a well-intended man who [to date] has never been able to muster the political gravitas needed to get anything of significance done. If things remain as they are, the only real answer can only come from a new, alternative voice.

    We at Party Recon believe we have the answers, but desperately need voices like yours to help coalesce and organize The 98% into a solid voting block. Can you help us?

  2. Joe
    May 20th 2013, 3:23 am

    Actually Obama has sent several propsals to the Congress to help fix the off-shore movement of jobs. But they were all shot down. Particularly cutting tax breaks to companies that move jobs outside the USA.