Robert Reich: Inequality for All

Discussion in 'Too Hot for Swamp Gas' started by Swampmaster, Sep 27, 2013.

  1. Swampmaster
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    Swampmaster New Member

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    He promotes an interesting thesis in his new documentary that growing the middle class leads to a stronger economy (70% of spending is by the middle class) and that the wealthy would benefit more by a growing middle class than the current scenario of high wealth disparity. He teaches a class at Cal-Berkeley--probably very entertaining for students.

    http://www.latimes.com/entertainment/movies/moviesnow/la-et-mn-inequality-for-all-movie-review-20130927,0,4921422.story

    http://inequalityforall.com/
  2. gatordowneast
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    gatordowneast Well-Known Member

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    And who exactly does Obamacare slam? Why the middle class. Why?

    poor are on medicaid with 16 M more being added to rolls on Jan 1st
    Elderly on medicare so they will have some issues but tab is paid
    Lower income young and lower middle income with no insurance will get subsidies
    High earners above $400 K not impacted as Health Insurance represents low % of their expenditures so increases not that painful.

    It is those in the $50 K-$175 K income range who are impacted the most. Significant cost increases without subsidies.
  3. PSGator66
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    PSGator66 Well-Known Member

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    Reich is nothing more than a liberal mouth piece. Being a dwarf has given him a Napoleon comples.
  4. harwil
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    harwil Premium Member

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    I like it. Dropping the "o " in Napoleon emphasizes the dwarf part of Reich.

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