PLEASE do not ever measure your performance by the absurd modern-day media standards where one is asked to explain complex world-shifting economic concepts within the one or two minutes allotted before 3 unnecessarily loud ads try to convince us the real reason our health, marriages and democracy are all struggling is because we're using the wrong shampoo.
As an elder with the weirdest of sleep cycles, I understand. But heavens you are more articulate half sleep than 90% of those fully rested. Please do more broadcast interviews. Every time I hear someone on CNN or PBS on labor, social (in)equality or financial issues I always say to myself, “I wish Robert was addressing this.” More please and you looked handsome as well. 👑
Robert, as a nurse, the weird hours are something I understand!
Try appearing on a Monday night 'Rachel Maddow Show'. I'm sure there were lot of other people on both coasts who were asleep during 'Morning Joe'. People need to hear what you have to say.
Spot on with the “cruelest form of capitalism” analogy, Mr. Secretary. This is what happens when so-called conservatism throws integrity out the window and tries to to bleed the most out of those thar can bear the strain the least.
Both the GOP and today’s banking tycoons are
#ProSTRIFE
To quote Ross Perot, the “giant sucking sound“ we hear is the last shred of compassion and humanity seeping out of capitalism gone wild.
I don't watch that program because of its broadcast time, but I did watch the video of your appearance (thank you for that) and I think you looked, sounded and responded superbly! I don't think most people could do as well at 3 am-ish on such a complex and fraught subject.
One thing about banking during the years since the Glass-Steagall Act was repealed is that banks made enormous profits while paying no interest on accounts, almost literally zero interest - as close to zero as they could pay. That went on for many, many years. So while wages were stagnant, banks paid virtually no interest, and middle-class jobs moved away or closed, banks were making out like bandits - like most of the financial institutions in America. It's a travesty and one wonders how long Americans are going to take it and take it and take it. Do folks see the huge crowds of protesters in the streets of Paris and in Israel - and in recent years the incredibly brave folks protesting in Hong Kong?
Mr. Secretary, keep up the good work; even in the pre-dawn hours, you were speaking the truth.
Sounded and looked good Prof. Reich, I was absolutely convinced you knew what you were talking about. But then again, it is 3:25 in the morning here in mid-Mo.
Like everyone has already said so far, good heavens you did just fine, as concise as always. We know you well enough, surely, to know you were not fishing for compliments. OK, maybe you were just enticing us to watch, though you know there's no need to!
Yes, I will admit, your eyes did look ever so slightly "bleary", though I probably would not have noticed at all had I not known what had transpired during the 15 minutes before you spoke.
Frankly, I just don't understand. I'm sure it's been talked about before, I certainly don't listen and read everything, hardly, but when I hear all of the experts, pundits, and economists, well known and respectable, and surely well-meaning, speak about today's financial situation and most especially the raising of interest rates to offset any kind of a recession, without going to the root problem as you do explaining the inequality of the system whereby the wealthier get wealthier, and are rewarded and rescued to the detriment of all the strata below, not only do they not seem to have ever heard any of the concepts you speak of, but if they do understand in the most general terms what you speak of consistently, why cannot they say just a few words as an aside, before explaining their own theories as to why interest hikes are the thing to do? Just a few words of factual theory about root causes, please! I am speaking of economists at the very TOP, know what I mean? THE TOP! Have they not heard of Robert Reich? Tell us Mr. Reich, do they ever call you on the side and ask you for your opinion, you know, like, off the record, hush-hush? Or have they forgotten you, pretend they ever knew or heard of you, decided that you no longer exist, or ever existed, or are you simply, I don't know, the invisible economist? Do we need to wrap you up in bandages so they can see and hear you? Do they really think that you are so way off the chart that there is nothing to consider, nothing there-there in all you say that is so reasonable, rational, and infinitely self evident? Why can't they throw in a little sensible pedagogy into their pronouncements, and sprinkle in a little bit of humanity while they're at it, as you do in all of your explanations, whatever may be their economic theories? What's the divide about? What is it that makes so much sense to us who listen and follow you that doesn't make sense enough to them to at least mention the underlying causes of the situation, regardless of how they wish to deal with it today, by raising rates or whatever they think best to do to help/save the economy? We are listening to them, the people of the nation are listening to them, why can't they teach us as you do???!!!!!
Don't knock yourself, dear Mr. Secretary, you were great. I follow your podcast with great interest, and I surely understood every word you said. Sila from Switzerland (not a customer or investor of Credit Suisse)
PLEASE do not ever measure your performance by the absurd modern-day media standards where one is asked to explain complex world-shifting economic concepts within the one or two minutes allotted before 3 unnecessarily loud ads try to convince us the real reason our health, marriages and democracy are all struggling is because we're using the wrong shampoo.
As an elder with the weirdest of sleep cycles, I understand. But heavens you are more articulate half sleep than 90% of those fully rested. Please do more broadcast interviews. Every time I hear someone on CNN or PBS on labor, social (in)equality or financial issues I always say to myself, “I wish Robert was addressing this.” More please and you looked handsome as well. 👑
Robert, as a nurse, the weird hours are something I understand!
Try appearing on a Monday night 'Rachel Maddow Show'. I'm sure there were lot of other people on both coasts who were asleep during 'Morning Joe'. People need to hear what you have to say.
Spot on with the “cruelest form of capitalism” analogy, Mr. Secretary. This is what happens when so-called conservatism throws integrity out the window and tries to to bleed the most out of those thar can bear the strain the least.
Both the GOP and today’s banking tycoons are
#ProSTRIFE
To quote Ross Perot, the “giant sucking sound“ we hear is the last shred of compassion and humanity seeping out of capitalism gone wild.
I don't watch that program because of its broadcast time, but I did watch the video of your appearance (thank you for that) and I think you looked, sounded and responded superbly! I don't think most people could do as well at 3 am-ish on such a complex and fraught subject.
One thing about banking during the years since the Glass-Steagall Act was repealed is that banks made enormous profits while paying no interest on accounts, almost literally zero interest - as close to zero as they could pay. That went on for many, many years. So while wages were stagnant, banks paid virtually no interest, and middle-class jobs moved away or closed, banks were making out like bandits - like most of the financial institutions in America. It's a travesty and one wonders how long Americans are going to take it and take it and take it. Do folks see the huge crowds of protesters in the streets of Paris and in Israel - and in recent years the incredibly brave folks protesting in Hong Kong?
Mr. Secretary, keep up the good work; even in the pre-dawn hours, you were speaking the truth.
You were fine. Could not tell that you were tired or meandering too much.
I just watched it, and you did great!
PS:
It’s the worst when it’s one of those nights of sleep. And then it’s even worse when your alarm doesn’t go off. I now go to sleep with two alarms.
You were great😊 I cannot stand Joe, though. I'd love to see you sit down with Rachel Maddow or Mehdi Hasan.
You did great, but next time Morning Joe calls, request that they pre-record it at a time that suits you. Enough of this East Coast hegemony.
Sounded and looked good Prof. Reich, I was absolutely convinced you knew what you were talking about. But then again, it is 3:25 in the morning here in mid-Mo.
Like everyone has already said so far, good heavens you did just fine, as concise as always. We know you well enough, surely, to know you were not fishing for compliments. OK, maybe you were just enticing us to watch, though you know there's no need to!
Yes, I will admit, your eyes did look ever so slightly "bleary", though I probably would not have noticed at all had I not known what had transpired during the 15 minutes before you spoke.
Frankly, I just don't understand. I'm sure it's been talked about before, I certainly don't listen and read everything, hardly, but when I hear all of the experts, pundits, and economists, well known and respectable, and surely well-meaning, speak about today's financial situation and most especially the raising of interest rates to offset any kind of a recession, without going to the root problem as you do explaining the inequality of the system whereby the wealthier get wealthier, and are rewarded and rescued to the detriment of all the strata below, not only do they not seem to have ever heard any of the concepts you speak of, but if they do understand in the most general terms what you speak of consistently, why cannot they say just a few words as an aside, before explaining their own theories as to why interest hikes are the thing to do? Just a few words of factual theory about root causes, please! I am speaking of economists at the very TOP, know what I mean? THE TOP! Have they not heard of Robert Reich? Tell us Mr. Reich, do they ever call you on the side and ask you for your opinion, you know, like, off the record, hush-hush? Or have they forgotten you, pretend they ever knew or heard of you, decided that you no longer exist, or ever existed, or are you simply, I don't know, the invisible economist? Do we need to wrap you up in bandages so they can see and hear you? Do they really think that you are so way off the chart that there is nothing to consider, nothing there-there in all you say that is so reasonable, rational, and infinitely self evident? Why can't they throw in a little sensible pedagogy into their pronouncements, and sprinkle in a little bit of humanity while they're at it, as you do in all of your explanations, whatever may be their economic theories? What's the divide about? What is it that makes so much sense to us who listen and follow you that doesn't make sense enough to them to at least mention the underlying causes of the situation, regardless of how they wish to deal with it today, by raising rates or whatever they think best to do to help/save the economy? We are listening to them, the people of the nation are listening to them, why can't they teach us as you do???!!!!!
You did well, and it was worth the effort you made in order to appear.
Don't knock yourself, dear Mr. Secretary, you were great. I follow your podcast with great interest, and I surely understood every word you said. Sila from Switzerland (not a customer or investor of Credit Suisse)
The beauty editor says you looked great. No clue you hadn't gone the formal grooming route.
They caused them all and it is evident our Governments work for them...not us.
I saw you last Friday. And yesterday and today. It must the cosmos in action since
1. I rarely watch Joe and Mika
2. I’m rarely on Twitter anymore
And
3. You of all people must know the rule of 78’s and how it hurts the poorer folks. If i was rich I would never carry a loan to term!