American - Economist | June 24, 1946 -
The only way to grow the economy in a way that benefits the bottom 90 percent is to change the structure of the economy. At the least, this requires stronger unions and a higher minimum wage.
Robert Reich
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A leader is someone who steps back from the entire system and tries to build a more collaborative, more innovative system that will work over the long term.
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The largest party in America, by the way, is neither the Democrats nor the Republicans. It's the party of non-voters.
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The faith that anyone could move from rags to riches - with enough guts and gumption, hard work and nose to the grindstone - was once at the core of the American Dream.
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Sugary drinks are blamed for increasing the rates of chronic disease and obesity in America. Yet efforts to reduce their consumption through taxes or other measures have gone nowhere. The beverage industry has spent millions defeating them.
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True patriotism isn't cheap. It's about taking on a fair share of the burden of keeping America going.
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One tax dodge often used by multi-national companies is to squirrel their earnings abroad in foreign subsidiaries located in countries where taxes are lower.
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You can't inspire people if you are going to be uninspiring.
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No company can be expected to build a nuclear reactor, an oil well, a coal mine, or anything else that's one hundred percent safe under all circumstances. The costs would be prohibitive. It's unreasonable to expect corporations to totally guard against small chances of every potential accident.
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Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans.
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Our moral authority is as important, if not more important, than our troop strength or our high-tech weapons. We are rapidly losing that moral authority, not only in the Arab world but all over the world.
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Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.
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