American - Economist | June 24, 1946 -
Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.
Robert Reich
WorkforceYearsProductionWorkers
The liberal ideal is that everyone should have fair access and fair opportunity. This is not equality of result. It's equality of opportunity. There's a fundamental difference.
OpportunityEqualityResultFair
As digital equipment replaces the jobs of routine workers and lower-level professionals, technicians are needed to install, monitor, repair, test, and upgrade all the equipment.
RoutineRepairTestDigitalWorkers
Political scientists after World War II hypothesized that even though the voices of individual Americans counted for little, most people belonged to a variety of interest groups and membership organizations - clubs, associations, political parties, unions - to which politicians were responsive.
WarPeopleWorldPoliticalUnions
To get back to the kind of shared prosperity and upward mobility we once considered normal will require another era of fundamental reform, of both our economy and our democracy.
DemocracyBackKindProsperityWill
As public schools deteriorate, the upper-middle class and wealthy send their kids to private ones. As public pools and playgrounds decay, the better-off buy memberships in private tennis and swimming clubs. As public hospitals decline, the well-off pay premium rates for private care.
SwimmingCareClassTennisPayBuy
As long as the big banks are allowed to remain big, their political leverage over Washington will remain big. And as long as their political leverage remains big, the taxpayer and economic tab for the next mess they create will be big.
PoliticalLongCreateWashingtonBig
Limits should be placed on how big big banks can become.
LimitsBecomeBigShouldHowBanks
Our young people - their capacities to think, understand, investigate, and innovate - are America's future.
FuturePeopleThinkAmericaYoung
Universities have to tame their budgets, especially for student amenities that have nothing to do with education.
EducationStudentNothingTame
Public employees should have the right to bargain for better wages and working conditions, just like all employees do.
BetterEmployeesRightWorkingJust
Only if everyone buys insurance can insurers afford to cover people with preexisting conditions or pay the costs of catastrophic diseases.
PeopleInsuranceEveryonePayOnly
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