Economist, professor and former Labor Secretary Robert Reich explains what happened to the American economy in two minutes and fifteen seconds.
I really hope a publisher has contacted him about doing an illustrated book of economics.
Maybe the right is already working on a reponse to this with "Professor" Glenn Beck and his chalkboard where they blame the implosion of the US economy on the poor and the working class for being greedy, lazy and stupid. Wait, haven't they already done that?
Regardless, what Reich does here is succint, prescise and simple. This is why our economy is a turd.
Comments