The First Public Official To Tell The Truth About The Economy. It's Not Coming Back Without A New Economic Model.
Reich seems to remain in close contact with the political establishment and yet has had the independence to blog about many of the most important issues facing society without the typical political varnish and spin. And now he chimes in on when the economy will recover. His answer? Never. Effectively, he's right as long as economic ideology remains what it is today.
It's too bad our political leadership isn't willing to be as honest with the American people. There is a way forward. But, it is by embracing the economic ideals that made America great. Not the economic ideology of the past handful of decades. One way or another we will eventually get there regardless of what goes on in Washington. Unfortunately, we seem to be taking the worst case route.
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