One of key economic for Obama is Dr. Robert Reich , and while I like most of his ideas and policy considerations I am baffled by him liking minimum wage laws. I will use Obama’s (and Dr. Reich’s) argument regarding their pro choice views (while neither endorsing or oposing them) to illustrate what I believe to [...]
Tags: Economics · Education · Local Impact
Dr. Robert Reich (key Obama economic advisor) on his blog suggests that we should focus on demand side of economics by investing in infrastructure. I have something even more valuable for our government to spend money on than infrastructure (much faster pay back as well). Spend it on the PEOPLE. Invest it inentrepreneurial, engineering, science, medical and other [...]
I am OK with GM bailout. On a precondition that is. All GM employees accept a 50% wage cut until are done paying back the loan. That’s not too drastic. Most of the country already gets paid less than half of the lowest paid union workers and definetly less than management. Not only that, but [...]