Robert Reich: Why Romney is Different than the Roosevelts
Robert Reich, Chancellor’s Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration.
...America has had hugely wealthy presidents before — think of Teddy Roosevelt and his distant cousin, Franklin D. Roosevelt; or John F. Kennedy, beneficiary of father Joe’s fortune.
But here’s the difference. These men were champions of the working class and the poor, and were considered traitors to their own class. Teddy Roosevelt railed against the “malefactors of great wealth,” and he busted up the oil and railroad trusts.
FDR thundered against the “economic royalists,” raised taxes on the wealthy, and gave average working people the right to form unions — along with Social Security, unemployment insurance, a minimum wage, and a 40-hour workweek.
But Mitt Romney is not a traitor to his class. He is a sponsor of his class. He wants to cut their taxes by $3.7 trillion over the next decade, and hasn’t even specified what “loopholes” he’d close to make up for this gigantic giveaway....
comments powered by Disqus
- Priests race to save manuscripts from jihadists in Iraq
- Where Mud Is Archaeological Gold, Russian History Grew on Trees
- Conflict Uncovers a Ukrainian Identity Crisis Over Deep Russian Roots
- Heirs Claim Bank Made Off with Nazi-Looted Art
- Add the University of Virginia to the list of universities actively confronting their association with slavery
- Stanley Kutler’s book on Nixon Watergate abuses has been turned into a show on the web
- China bans books by pro-Hong Kong historian who retired from Princeton
- Fordham Historian Lambasts ‘Shabby Treatment’ In Row Over Israel Boycott, Vows to Continue Fighting Anti-Semitism
- George Mason's digital history program is 20 years old -- and celebrating
- Watergate researchers can now see the materials — including tapes — Len Colodny used in writing "Silent Coup"