Sunday, June 14, 2015

Robert Reich on Hillary

See this FB post. He gives her an A for diagnosing the problem on income inequality but a C or worse for what to do about it. To me this is further evidence that what she says is not genuine but manipulative spin, because she will only perpetuate the problem by not doing what is necessary. Here's Reich:

"But she gets a C or maybe even a failing grade at this point for telling us what she’ll do to fix the problem. She didn’t mention increasing the top income-tax rate, busting up the biggest banks, resurrecting Glass-Steagall, raising the cap on income subject to Social Security payroll taxes, or killing the proposed Trans-Pacific Partnership. She said nothing about raising taxes on great wealth or reviving antitrust enforcement. Nor about how she’d stop the moneyed interests from taking over our democracy."

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