week 2 discussion question ECO100 - Dr Robert Reich former Secretary of Labo Professor author and speaker-Robert Reich-what is wrong with economy in a

week 2 discussion question ECO100 - Dr Robert Reich former...

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Dr. Robert Reich, former Secretary of Labo, Professor, author and speaker ---Robert Reich-what is wrong with economy in a little over 2 minutes! ? v=JTzMqm2TwgE Instructor and Class, 1. The economy doubled, but wages haven’t changed to compensate the inflation 2. Gains went to the super rich 3. Political power of the rich to get tax cuts and other such benefits 4. Budget deficits because of taxes 5. Middle class divided 6. Slow recovery In this video it is so true to me about how the middle class seems to be the most hard working and taxed individuals. The middle class people are the ones who are carrying the economy. One statement that Robert made was the fact that "A Strong Middle Class means A Strong Economy". For example, I wonder why gas increases in amount when I drive out towards the lower class
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