Monday, April 16, 2012

Robert Reich Argues That A Fair Economy Is In Everyone's Best Interest

Robert Reich argues that a fair economy is essential for growth. A more progressive tax system would enable government to make needed investments in infrastructure that will facilitate growth. It will also put more money into the hands of people that will spend it. Reich uses Germany as an example of country that has successfully done what the US should do. My concern with Reich's proposal is that it will fall on deaf ears in the US. The GOP has turned the state into the enemy of the people, and the super rich in the US no longer depend upon the success of the US economy. Their money has no national home. It easily moves to the best opportunities wherever they may be.

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