By Robert Reich
Don’t be distracted by January’s fiscal cliff or looming budget deficits. The central problem of our economy is widening inequality.
It’s reducing the purchasing power of the vast middle class on which job growth depends, and turning the economy into a speculative casino for multimillionaires and billionaires.
It’s also undermining our ability to turn the economy around, as those millionaires and billionaires subsidize politicians who refuse to raise taxes on the wealthy and seek to cut spending critical to the middle class and the poor.
We can reverse this trend.
The first step is to make sure Americans understand what’s occurred, why it’s occurred, and what must be done.
And one of the best means of doing so is through film.
That’s why I’ve joined a team of talented film-makers to produce a new documentary called “Inequality for All.”
We need your help. Please watch the following short video, and do whatever you can:
Robert B. Reich, Chancellor’s Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century. He has written thirteen books, including the best sellers “Aftershock” and “The Work of Nations.” His latest, “Beyond Outrage,” is now out in paperback. He is also a founding editor of the American Prospect magazine and chairman of Common Cause.