Posts Tagged ‘robert reich’
Next Page »Robert Reich: Accumulate Billions
on Tuesday, May 16, 2023Meaning of Robert Reich Money Quote: saying ways to super-wealth are limited to buying your way in, profiting from monopoly or inheriting wealth – not hard work. Robert Reich said:
“There are basically 4 ways to accumulate a billion dollars in America: 1) Profiting from a monopoly 2) Insider trading 3) Political payoffs 4) Inheritance Don’t believe the self-made myth” — Robert Reich
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Robert Reich: Driving Inflation
on Thursday, June 23, 2022Meaning of Robert Reich Money Quote: saying businesses are profiteering by masking price increases under inflationary pressures. Robert Reich said:
“Let’s be clear: inflation is being driven in large part by monopolies that are driving up prices for the sake of profit” — Robert Reich
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Robert Reich: Financiers Pockets
on Tuesday, November 23, 2021Robert Reich Money Quote saying finance, law, corporate lobbying moves money between different pockets. Robert Reich said:
“Most financiers, corporate lawyers, lobbyists, and management consultants are competing with other financiers, lawyers, lobbyists, and management consultants in zero-sum games that take money out of one set of pockets and put it into another” — Robert Reich
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Robert Reich: Billionaires Taxed
on Thursday, November 4, 2021Robert Reich Money Quote saying Jeff Bezos just saw his net worth increase to over $200 Billion and paid no taxes – why? Robert Reich said:
“Jeff Bezos just became the first person on the Forbes 400 list with a net worth of $200 billion … and we’re still arguing about whether the billionaires need to be taxed” — Robert Reich
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Jeff Bezos just became the first person on the Forbes 400 list with a net worth of $200 billion … and we’re still arguing about whether the billionaires need to be taxed.
— Robert Reich (@RBReich) October 5, 2021
Robert Reich: Poverty-Level Wages
on Sunday, April 11, 2021Robert Reich Money Quote saying those working full time jobs at minimum wage are costing the government in subsidies for those same families, so employers should contribute or pay more to workers. Robert Reich said:
“Poverty-level wages cost U.S. taxpayers $152.8 billion a year in public support for working families. So it’s only logical to raise taxes on big companies that give their workers poverty-level wages, to pay for this subsidy” — Robert Reich
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Poverty-level wages cost U.S. taxpayers $152.8 billion a year in public support for working families. So it's only logical to raise taxes on big companies that give their workers poverty-level wages, to pay for this subsidy.
— Robert Reich (@RBReich) February 28, 2021
Robert Reich: Wall Street Greed
on Thursday, January 28, 2021Robert Reich Money Quote saying Wall Street and the stock market are an illusion of an industry built on greediness. Robert Reich said:
“If you took the greed out of Wall Street, all you’d have left is pavement” — Robert Reich
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If you took the greed out of Wall Street, all you'd have left is pavement.
— Robert Reich (@RBReich) January 28, 2021
Robert Reich: Wall Street Pockets
on Thursday, January 28, 2021Robert Reich Money Quote saying After Game stop stock Manipulation, Reich says it shows what the stock market is about. Robert Reich said:
“Wall Street and stock market are metaphors for a society rotting from self-indulgence, greed, widening inequality, and financial entrepreneurship that builds nothing, improves nothing, creates nothing, and solves nothing, but merely moves money from one set of pockets to another” — Robert Reich
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Wall Street and stock market are metaphors for a society rotting from self-indulgence, greed, widening inequality, and financial entrepreneurship that builds nothing, improves nothing, creates nothing, and solves nothing, but merely moves money from one set of pockets to another.
— Robert Reich (@RBReich) January 28, 2021
Robert Reich: Pandemic Economics
on Wednesday, December 23, 2020Robert Reich Money Quote saying If the rich are the only ones getting richer during a devastating pandemic, it shows we need to restructure our financial system. Robert Reich said:
“How can you witness billionaires accumulate $10,000,000,000,000 in wealth during an economically catastrophic pandemic and not conclude that the system needs to fundamentally change?” — Robert Reich
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How can you witness billionaires accumulate $10,000,000,000,000 in wealth during an economically catastrophic pandemic and not conclude that the system needs to fundamentally change?
— Robert Reich (@RBReich) October 16, 2020