The decline of unions, rampant corporate greed, Wall Street malfeasance and the rise of short-sighted politics all contributed to increased economic inequality, widespread real unemployment, wage stagnation, and a lower standard of living for millions of Americans.
Reich explains the factors contributing to economic inequality and challenges facing American workers.
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We’ve got to have a Democratic Party that is not afraid, that doesn’t take big money, that says to big corporations and Wall Street, 'Too bad. We are going to represent the people.'
He’s exactly right. And this is a time for people to say, 'No,' in a very mass way.
This is the one thing that I agree with Donald Trump about: The economy is rigged — but it’s rigged against working-class people.
We’re not going to tolerate taking money from Medicaid, and food stamps, and nutrition, and possibly from Medicare as well, to give a big tax cut to the richest people in America when they’ve never been as rich.