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Lessons in America’s Economy
Robert Reich’s Economy Keynote Breaks Down the Recession

By: Kyle Towers (Star) Apr 17, 13

This brilliant economy keynote by Robert Reich quickly and effectively breaks down why the economy is failing in the US in two minutes.

Robert breaks his economy keynote into six easy to digest points which all flow into each other like a snowball effect. He starts by explaining that wages did not increase despite the raising economy. The reason for this is that the super rich are taking all of these gains. Then the super rich use this money for political influences that lower taxes on super rich. This leads to budget deficits which has potential workers and candidates fighting for positions, instead of working together. With a divided middle class, buying and borrowing becomes slow and this in turn leads to the anemic economy.

Source: youtu.be
Readmore: robertreich.org

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