Telling the Truth About Our Economy in Two Minutes
June 17, 2011
Confusion reigns about our continuing weak economy. Could anyone diagnosis the root of our record unemployment and ballooning deficits in simple English and in less than five minutes?
Former Labor Secretary Robert Reich manages to do it in only two.
In a new video, he connects the dots and explains what went wrong with American capitalism.
Says Reich:
The vast middle class no longer has the purchasing power it once did which means continuing high unemployment and an anemic recovery.
Watch it for yourself below.
Photo used under a Creative Commons License from Flickr user genericface.
