An epic debate in the U.S. Senate this week on the Obama stimulus plan. Epic scale. Epic stakes: to push back recession, to stave off a depression, if we can.
Former Labor Secretary Robert Reich says the ultimate stakes are, and should be, greater even than that. Reich doesn’t want to just pop the economy back to where it was — with growth, but also with deep inequality, a struggling middle class, crumbling infrastructure, global warming.
He wants growth and to change those things. Growth on a new foundation.
This hour, On Point: Robert Reich on the real fight in Washington.
You can join the conversation. What do you want from the federal government? From the Obama administration? A simple restart, thank you very much? Or a reshaping of the U.S. economy? What do we need?
Robert Reich joins us from Berkeley, Calif. He was Secretary of Labor under President Bill Clinton and is now a professor of public policy at the University of California at Berkeley. His commentary in Sunday’s Washington Post examined the debate over short-term stimulus versus fundamental restructuring of the economy. His most recent book is “Supercapitalism: The Transformation of Business, Democracy, and Everyday Life.”